Recently with companies dealing with MLM and High Group Selling Pressure are coming under fire from very powerful individuals. Two weeks ago Nuskin Corp was hammered by the Chinese Government after complaints their people were getting stuck holding tons of trashy products.
What if the Chinese Government put the Watchtower under the same "means test" and "public safety" test they do for Nuskin, Herbalife, Amway, ect..
Read the following article and insert Watchtower madness in to the headlines, I will post the article and pretend to make a news release the Watchtower is accused of a Ponzi Scheme. Here's the news release William Ackman has been frothing at the mouth for over a year to hear. Nuskin only added fuel to the school of thought these MLMs are destroying the life of their followers.
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Markey hears from constituents about Herbalife The first-term senator said his constituents told him that they lost their life savings because they invested in Herbalife Ltd. (NYSE:HLF). As a result, he asked the Securities and Exchange Commission and the Federal Trade Commission to look more closely at the business practices of the nutritional supplements company. “There is nothing nutritional about possible pyramid schemes that promise financial benefit but result in economic ruin for vulnerable families,” said Sen. Markey in a statement to The Hill. “Herbalife may be a purveyor of health and wellness products, but some of its distributors are suffering serious economic ill-health as a result of their involvement in the company.” Sen. Markey said his constituents felt like they were pushed to recruit their family members to become distributors and also buy Herbalife products themselves in order to move up within the company. Another told him that she was pushed to stay in the program even after she expressed her desire to leave. The senator emphasized that he wasn’t trying to choose sides in the debate about Herbalife Ltd. (NYSE:HLF). He merely wanted regulators to take a closer look at the situation. In addition to calling for an investigation, he also wrote a letter to the company’s CEO and asked for a full explanation of their business practices, compensation system and structure. Markey joins others in call for Herbalife probe The controversy about Herbalife Ltd. (NYSE:HLF) started in December 2012 when activist investor Bill Ackman called the company a pyramid scheme and revealed that he was shorting it. Since then, a number of organizations and state and local lawmakers have also called for an investigation into the company’s business practices. However, now Sen. Markey’s call for an investigation has pulled Washington into the fray. Meanwhile, Herbalife Ltd. (NYSE:HLF) continues to defend its business practices, calling itself a legitimate multi-level marketing company. Herbalife said distributors earn commissions on the products they sell in addition to making money from recruiting other distributors. Skeptics like Bill Ackman contend, however, that the company makes most of its money from recruiting distributors rather than actually selling products. http://www.valuewalk.com/2014/01/herbalife-ltd-hlf-probe-call-by-senator/