A federal court temporarily shut down beverage distributor Vemma Nutrition Co. after federal regulators alleged that the company’s multilevel marketing operation was an illegal pyramid scheme. The ...
Vemma Nutrition Co. executives battled federal regulators in court Tuesday to regain control of company The Federal Trade Commission has accused Vemma of being a pyramid scheme and obtained a court ...
NEW YORK — The Federal Trade Commission said Wednesday that Tempe-based Vemma Nutrition has been temporarily shut down for operating a pyramid scheme that promised college students riches if they sold ...
Tempe-based Vemma is in trouble with the Federal Trade Commission for allegedly being a “pyramid scheme,” roping people into selling nutritional drinks and other products at a financial loss. The FTC ...