Herbalife
| Deliciously edible! |
| Dubious diets |
| Food woo |
Herbalife is a company with a multilevel marketing (MLM) business model known for selling skin care products, snack foods, and diet woo.
In 1986, the company settled a case that called into question the medical claims of some of their products and their pyramid scheme-style business model.[1] Nobel Prize-winning scientist Louis J. Ignarro was noted for creating their "Nitelife" product, which claimed to be able to increase the functioning efficiency of all the body's major organs. Ignarro's promotion of the product caused a flap when his undisclosed ties to Herbalife were revealed after he co-authored a paper hawking the product in the Proceedings of the National Academies of Science in 2004.[2][3]
In February 2013 the price of Herbalife stock dropped when "the New York Post reported the company was subject to an unspecified law-enforcement investigation." [4]
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[edit] Video (in portuguese):
Use YouTube's subtitles, as they're pretty good for this one.
[edit] See also
[edit] External links
- Herbalife homepage, start your long journey up the pyramid scheme here.