FTC Pyramid Scheme Investigation Brings Energy Drink Direct Seller To Standstill

FTC shuts down Vemma Nutrition on allegations of targeting college students and other young consumers in a pyramid scheme. The agency’s complaint in federal court follows consumer advocate Truth In Advertising’s two-year investigation of Vemma.

The Federal Trade Commission temporarily shuts down energy drink direct seller Vemma NutritionCo. on allegations of operating a pyramid scheme that milked “hundreds of millions” from college students and other young consumers.

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