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Because Herbalife is not a legitimate business, it's a pyramid scheme with just enough details tweaked to not quite count as one under existing legislation. Do
by p1necone 6y ago
Because Herbalife is not a legitimate business, it's a pyramid scheme with just enough details tweaked to not quite count as one under existing legislation.
Do you think people should be able to buy in to Ponzi schemes, or give money to people running three card monte games on the roadside too?
- lotsofpulp 6y agoPonzi schemes require deception and fraud. Unless Herbalife is defrauding people, which MLM’s typically do not, there is no comparison. They are an inefficient allocation of resources for the person investing their time and money, but the same could be said of many, many other endeavors. I’d rather resource be spent to teach people how to properly calculate ROI and IRR.