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It’s yet another network marketing program that simply wants people to sign up, buy a product kit, and then recruit their family and friends to do the same.<\/p>\n
The truth is that most multilevel marketing companies (MLMs) do not teach people how to succeed as network marketers, and most members earn very little money promoting their products.<\/p>\n
Honestly, a 30% commission on absurdly high health supplements that you can get cheaper on Amazon will not get you rich, especially when the majority of your cut goes to your upline first.<\/p>\n
If you want to actually earn REAL money online,\u00a0check out our #1 recommendation here.<\/a><\/p>\n And, since this review needs to be honest and fair…<\/p>\n The company does give helpful ways\u00a0and techniques for people to make money online and earn commissions. But some people think this is\u00a0not enough.<\/p>\n Lastly, you’ll get answers to\u00a0some frequently asked questions about Vemma and network marketing in general.<\/p>\n Most importantly, you’ll see the exact system many people have used to grow their own internet marketing business to over $40,000 in mostly passive income per month.<\/p>\n This system<\/a>\u00a0made them swear off Network Marketing for good because it uses some of the same skills but in a much more powerful and profitable way!<\/p>\n For now, let’s take a look at Vemma!<\/p>\n Product Name: Vemma (Vemma Nutrition Company)<\/p>\n Founders: Benson K Boreyko, Lauren Boreyko, and Karen Boreyko<\/p>\n Owners:\u00a0\u00a0<\/strong>Brad Wayment (COO), Yibang Wang, MD. PhD (Chief Scientific Officer)<\/p>\n Product Type: Health and Wellness MLM company<\/p>\n Price: $500 to $1,000 + $68\/monthly<\/p>\n Website: www.vemma.com<\/p>\n Summary: Vemma is an\u00a0(MLM) health and wellness company that sells nutritional drinks, energy drinks, and dietary supplements. Benson K Boreyko, Lauren Boreyko, and Karen Boreyko founded the company in 2004 and is\u00a0based in Arizona.<\/p>\n The company wished to be known as the “Young People Revolution,” with the goal of helping college students in earning money. However, the Federal Trade Commission (FTC) shut it down and labeled it an illegal pyramid scheme in 2015.<\/p>\n Years later, a settlement was reached that included changing business practices, paying a fine, and handing over business assets.<\/p>\n Rating: 30\/100<\/p>\n Recommended: No<\/p>\n Benson K Boreyko founded Vemma Nutrition Company. He is also the company’s current CEO. He also founded New Vision International, the forerunner to Vemma. In addition, he has recently launched a new company, Bode Pro.<\/p>\n Pyramid schemes are illegal because they do not have a tangible or intangible product or service to sell. Instead of selling products, they make money by exploiting people who pay to join the scheme.<\/p>\n Affiliates at the top of the pyramid entice people to get more under them by sharing a portion of new payments while keeping the majority of the profit for themselves.<\/p>\n It is enticing to join because the rewards are high and immediate. However, the pyramid will collapse in the long run because recruiters will run out of people to recruit.<\/p>\n The Verve energy drink company began by recruiting Arizona State University students to sell the Verve product.<\/p>\n The hype quickly spread to many universities in the United States. They targeted the youth because of their low-cost\u00a0talent in selling. Eventually, the Federal Trade Commission (FTC) accused the company of being a pyramid scheme and ordered it to be shut down.<\/p>\n The Federal Trade Commission (FTC) is an independent US government agency that enforces civil (non-criminal) antitrust law in the United States and promotes consumer protection.<\/p>\n The FTC filed a federal lawsuit against Vemma Nutrition Company, Vemma International Holdings, Inc., CEO Benson K Boreyko, and top affiliate Tom Alkazin in August 2015 after discovering its $200 million-a-year pyramid scheme.<\/p>\n According to Jessica Rich, Director of the FTC’s Bureau of Consumer Protection, “rather than focusing on selling products, Vemma uses false promises of high-income potential to convince consumers to pay money to join their organization.”<\/p>\n According to Forbes staff writer Antoine Gara, the Federal Trade Commission (FTC) ordered the shutdown of Vemma after it was discovered to deceive members, mainly young adults.<\/p>\n Boreyko founded the firm in 2004, and it quickly spread to college campuses across the country. It earned more than $200 million in 2013 and 2014. Expectant entrepreneurs from these college campuses were lured by extravagant claims about cars and yachts.<\/p>\n According to the FTC, the company’s main business was recruiting distributors (mostly college students). The starter pack can cost up to $600, plus additional costs for monthly products. Unfortunately, the majority of those who joined were tricked by the high-income claims and lost their money.<\/p>\n Vemma filed an appeal, and in 2015, US District Judge John Tuchi ruled that the company’s multi-level marketing operations had to be stopped.<\/p>\n As per the FTC lawsuit, the company agreed to stop their business practices, which the Federal Trade Commission (FTC)\u00a0identified as pyramid schemes.<\/p>\n They were restricted under a federal court order\u00a0from paying an affiliate unless the majority of the affiliate’s income came from actual sales to the customer. The FTC also prohibited the firm from making unrealistic income claims or offering unproven health benefits.<\/p>\n \u201cUnfortunately, extravagant\u00a0income claims and compensation plans that reward\u00a0recruiting over sales continue to plague the MLM industry,\u201d Jessica Rich said (FTC Bureau of Consumer Protection)<\/p>\n Finally, the FTC and Vemma reached an agreement in 2016. The company agreed to change its compensation structure and pay a $238 million fine. Furthermore, Vemma and BK Boreyko, the CEO, must submit compliance reports for the next 20 years. They also had to surrender some business and real estate assets.<\/p>\n Tom and Bethany Alzakin were also ordered to pay a $6.7 million fine and turn over some real estate and business assets.<\/p>\n On a related note, following Vemma’s shut down, Bill Ackman of Perishing Square issued a press release claiming that Vemma and Herbalife shared “significant structural similarities.”<\/p>\n Bill Ackman also confirmed his belief that Herbalife is a large pyramid scheme similar to Vemma and other MLM companies shut down by the FTC.<\/p>\n The company was found to be a fraudulent pyramid scheme. Following compliance with the Federal Trade Commission (FTC), affiliates (mostly college students) can now earn money through sales rather than recruiting people.<\/p>\n However, it is entirely possible to build a profitable and successful online business.<\/p>\n Our #1 pick proves this<\/a>.<\/p>\n And unlike Vemma, it provides real proof of real success from real people as recently as a few days ago.<\/p>\n Everyone does value wellness and aims to be health conscious, right?<\/p>\n The following are the main products offered by the company:<\/p>\n <\/p>\n Verve<\/strong> is a two-in-one hybrid\u00a0drink that combines energy and nourishment. It promises to provide a healthy energy boost. Verve contains vitamins, mangosteen, and aloe phytonutrients.<\/p>\n Let’s face it: when it comes to health and wellness, any product will always receive both positive and negative feedback. Including Vemma.<\/p>\n Check out more reviews here:<\/p>\n Simply put, the company sells health and wellness products, primarily energy drinks and dietary supplements. In addition, the company provides a business opportunity for affiliates to work as sales representatives.<\/p>\n By recruiting members, it saves money on advertising and marketing, just like other MLM companies. Ideally, both ends win. However, affiliates are left to convince customers to buy expensive products.<\/p>\n Now comes the crucial part.<\/p>\n Assuming you’re reading this article to see if you can actually make a living from the company.<\/p>\n You can profit from them. However, the path is difficult. Some earn just a little more than the minimum wage. But, some extroverted people are able to recruit a large number of affiliates into their downline.<\/p>\n You can make money in two ways, just like any other MLM:<\/p>\n However, the reality\u00a0is that 99% who work for MLMs either break even or lose money.<\/p>\n Less than 1% of people profit, and those who do are said to only make $200 per month on average…<\/p>\n To be honest, it’s not enough to live on.<\/p>\n If you like the idea of working from home though, and the ability to earn passive, recurring income\u2026check out our #1 recommendation!<\/a><\/p>\n Are you still interested? There are two ways to join:<\/p>\n The Gold Membership provides more initial items and is said to have a higher success rate. But wait. There are additional costs…<\/p>\n Unfortunately, there is a monthly sales quota. Affiliates can stay active by paying $68 per month. Let’s figure out your first-year expenses:<\/p>\n As a result, your minimum expenses are $1,315.95 \u2013 $1,815.95. (1st Year). Other expenses such as marketing, food, travel, and training are not included. Are you still up for it?<\/p>\n The effectiveness of networking companies is determined by their compensation plan. To be honest, these MLM business plans are difficult to understand.<\/p>\n To summarize the income strategy, here are the three (3) ways you can earn:<\/p>\n What are your thoughts? Will this plan fit you?<\/p>\n You can certainly make money with Vemma but if you\u2019re gonna put in the amount of grueling work to become an MLM marketer (which, trust me, isn\u2019t easy), you might as well bring in some REAL money.<\/p>\n The program that helped skyrocket many online businesses to $40,000+ per month teaches some of the same MLM skills, but shows you\u00a0how to monetize them in a much, MUCH more profitable way.<\/a><\/p>\n Yes, Vemma is still in operation. It has also changed its operations to comply with legal requirements. And, yes, their products are still available through distributors.<\/p>\n So, let’s go over some of the company’s disadvantages.<\/p>\n To be honest, why would you buy Vemma products when you can get them for less money and get the same benefits online? And the reviews for the others are better…<\/p>\n <\/p>\n It is NOT ideal to have to pay $500 to $1000 up front. This high cost raises a red flag. Do you think college students will be able to keep up with this?<\/p>\n Where can you find the required\u00a0$68 monthly? In the small print. If you don’t sell, you’ll end up spending $68 per month on products. Simply put, you will spend more than you will earn.<\/p>\n So, is it a scam? It is\u00a0clear to\u00a0see that Vemma is not\u00a0a scam. It sells real and legit products and now properly compensates affiliates. But it wasn’t always like this…<\/p>\n It also makes use of a legitimate multi-level marketing system. However, the need for recruitment turns it into a pyramid in disguise.<\/p>\n Most people\u00a0would not consider\u00a0recommending\u00a0it to a friend…<\/p>\n Is Vemma, however, the best business opportunity for YOU?<\/p>\n Other than your family and friends, how many people are willing to spend that much money on energy drinks?<\/p>\n And, with all of the negatives outweighing the positives, it’s important to think twice before joining.<\/p>\n And even if you’re dead set on becoming an MLM marketer, you’ve got way better options than Vemma.<\/p>\n Keep in mind, we don’t get paid to promote any of the programs we review. We believe Vemma is a great business model, but you could end up leaving way too much money on the table.<\/strong><\/a><\/p>\n <\/p>\n Our review team has come across a program in the real estate industry that is next level!<\/p>\n Although it\u2019s not real estate in the traditional sense, it\u2019s all digital.<\/p>\nVemma Review: Overview<\/h2>\n
Who Is BK Boreyko?<\/h2>\n
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<\/p>\nWhy Is Pyramid Scheme Illegal?<\/h2>\n
MLM Review: What Happened To Verve Drink?<\/h2>\n
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<\/p>\nFederal Trade Commission (FTC)<\/h2>\n
Federal Trade Commission (FTC) Calls Vemma A Pyramid Scheme That Preys On Young Adults<\/h2>\n
Vemma Agrees To Ban On Pyramid Scheme Practices To Settle FTC Charges<\/h2>\n
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<\/p>\nTempe’s Vemma Settles With FTC; Fined $238 Million, Admits No Wrongdoing<\/h2>\n
Vemma And Herbalife<\/h2>\n
Is Vemma A Pyramid Scheme?<\/h2>\n
What Is The Vemma MLM Product Line?<\/h2>\n
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<\/p>\nThe Flagship Product: Verve Energy Drink<\/h2>\n
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<\/p>\nDo Vemma Products Really Work? Are They Worth The Price?<\/h2>\n
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<\/p>\nHow Does Vemma Work?<\/h2>\n
Vemma Compensation Plan Review: Can You Make Money Online With Vemma MLM?<\/h2>\n
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How Much Does It Cost To Join? How To Get Started With Vemma MLM?<\/h2>\n
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The Monthly Costs<\/h3>\n
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Vemma Compensation Plan<\/h2>\n
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Is Vemma Still In Business? Can You Still Buy Vemma?<\/h2>\n
Vemma Reviews: Ugly Truths Revealed<\/h2>\n
Expensive Products<\/h3>\n
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<\/p>\nCostly Subscription<\/h3>\n
Hidden Monthly Fees<\/h3>\n
Bottom Line: Is Vemma A Scam? Or A Legit MLM?<\/h2>\n
What Is Our #1 Recommendation For Making Money Online?<\/h2>\n
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