The promotional attack machine used to bring Herbalife Ltd. (NYSE:HLF) to its knees is now targeting Anthony Powell, one of the nutritional supplement company’s top distributors.
The Pershing Square Capital operated website has, under the subsection “perpetrators,” a profile of Anthony Powell, an aggressive entrepreneur highly successful at closing deals to build an Herbalife distribution network of over 16,000 distributors under his domain. Powell used this aggressiveness to become one of Herbalife Ltd. (NYSE:HLF)’s top distributors, in some years earning nearly half a million per year. The problem is, on Ackman’s Herbalife attack website Powell is accused of making get rich quick promises using a pyramid scheme to build his fortune.
In 2002, NWTW, Herbalife, Powell, and other senior Herbalife Ltd. (NYSE:HLF) distributors were sued in a class action in federal district court in Los Angeles. Plaintiff alleged that Herbalife and NWTW constituted a pyramid scheme and that the defendants were committing fraud and securities fraud by making deceptive earnings projections and omitting and misrepresenting the risks inherent in the business.
Plaintiff further alleged that “Powell, along with other of the defendants, conceived, authorized the use of and operated the Lead Generation System known as ‘The Newest Way to Wealth.’”I Herbalife settled the case for $6 million in 2004.
“Dream
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How To Build A $1 Million+ MLM Business
by Ted Nuyten • • 0 Comments
At Business For Home.org we are getting this question on an almost daily basis.
And some uninformed people think they can earn without any effort…
We are not aware of any top earner in any company who have not worked his/her a… off for their awesome result
Any Ad – Banner saying “Make money, No Sponsoring, No Recruiting, No Selling, Required” is way off.
Maybe Alex Morton – one of the Direct Selling Industry young top earners hit the nail in a recent facebook post:
Alex Morton:
“Must be nice.”
“I want your lifestyle.”
“I’m so jealous.”
“You got in early.”
“You got so lucky.”
Flew 300,000+ miles in the last 12 months. Haven’t been in one city for more than a week in I can’t even remember. Had to send my mom flowers on her birthday, card to my dad on Father’s Day because I was doing meetings across the country.
I have sacrificed relationships, family time, physical, emotional, mental health for this business.
You know why?
Because every MOVEMENT needs LEADERS. Every WAR needs generals on the front lines showing the path to victory. Every REVOLUTION has to have that one nut case, obsessed, out of control, loud, aggressive individual leading the way to SUCCESS.
I’ve gone hard, I’m