Xs energy drinks sell through amway which has a multi level marketing business plan.
All natural energy drink pyramid scheme.
According to the federal trade commission pyramid schemes promise consumers or investors large profits based primarily on recruiting others to join their program not based on profits from any real investment or real sale of goods to the public.
Here are some telltale signs of a pyramid scheme think of these as spotting an illegal pyramid scheme 101.
Vemma the wildly popular energy drink company may or may not be a pyramid scheme but it ll definitely be on your college campus soon.
If your income is based predominantly on how many people you recruit into the program not how much product you sell it s a pyramid scheme.
This type of business structure is completely legal though there are many advocates against it.
A pyramid scheme is a fraudulent investment strategy deemed illegal in the united states.
The company is one of many that have targeted college students to make a profit.
Multi level marketing company vemma nutrition was recently shut down by the federal trade commission for operating as a pyramid scheme.
The top ten famous pyramid schemes listed below all have one thing in common.
Many consumers are cautious about multi level market scams.
Xs energy drink cost.
For a case of 12 cans the xs energy drink price is around 27.
They re multilevel marketing companies designed to give benefits to existing members for recruiting new members.
This is reportedly higher than other energy drinks.
In fact some of the companies have been investigated by the ftc and fined but specifically not called a.
Vemma got its start in tempe arizona and began recruiting students at arizona state to sell its energy drink product.