Herbalife Will Pay $200 Million For Its Sketchy Business Model
The Federal Trade Commission said some people who sold Herbalife products lost more money than they made.By Ben Lawson | July 15, 2016
Herbalife has agreed to make some major changes to avoid being classified as a pyramid scheme.
The company's settlement with the Federal Trade Commission includes a $200 million payment for certain consumers.
The FTC accused Herbalife focusing on bringing new recruits into the company who were deceived into thinking they could earn a substantial income selling diet and nutritional products.