Scandal in the MLM Industry: Herbalife

Herbalife is an MLM company founded in 1980. Their main products are nutritional such as shakes, energy drinks and also personal care products.

The shocking news that Herbalife is a scam was started by Bill Ackman. “Ackman is a multi billionaire and his fund Pershing Square is shorting more than 20 million shares of Herbalife. Ackman said at a Sohn Conference event last month that he thinks the company is a pyramid scheme and has a price target of zero.”
(source) : Herbalife scandal

You can watch the video from the CNBC News here:

One of the most reputable network marketers in the MLM industry, Tim Sales, has created a video where he defends Herbalife. You know, in MLM there lots of accusations that the companies rip you off, that there are lots of scams, that MLM is a pyramid and so on. I believe that people got into this mental pattern of rejecting and diminishing what is great and even though I am not a distributor of Herbalife, I think is a lot of propaganda. These scandals can be created very quickly and easily.

Please watch Tim Sales video and share with your MLM organization.

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