60 Minute Money Is this a scam?

p1an0player

What actually is Herbalife?

meli28

If you actually read my post you would see I DID NOT say I support 60 minute money. I am unsure either way, as I am a person who will look for proof before deciding. I did google herbalife... reviews say that it works, but that it is extremely expensive. Googling it along with the word lawsuit provides no LEGIT websites, such as a government website. Sure a site called 'freewebs' claims that there has ben plenty... but it's not proof.
You have provided no proof... just the comment to google it. lol hypocrite.

Energize

meli28 wrote: »

If you actually read my post you would see I DID NOT say I support 60 minute money. I am unsure either way, as I am a person who will look for proof before deciding. I did google herbalife... reviews say that it works, but that it is extremely expensive. Googling it along with the word lawsuit provides no LEGIT websites, such as a government website. Sure a site called 'freewebs' claims that there has ben plenty... but it's not proof.
You have provided no proof... just the comment to google it. lol hypocrite.

http://www.sec.gov/Archives/edgar/data/1180262/000095013406014621/v22412e10vq.htm#112

Swoboda v. Herbalife International

Bunnpoff v. Herbalife International

Mey v. Herbalife International

Minton v. Herbalife International

They had to pay out over $50 million in these cases alone.

terryw

meli28 wrote: »

If you actually read my post you would see I DID NOT say I support 60 minute money. I am unsure either way, as I am a person who will look for proof before deciding. I did google herbalife... reviews say that it works, but that it is extremely expensive. Googling it along with the word lawsuit provides no LEGIT websites, such as a government website. Sure a site called 'freewebs' claims that there has ben plenty... but it's not proof.
You have provided no proof... just the comment to google it. lol hypocrite.

See the post above about links to herbalife lawsuits ( thanks energise).

terryw

ilovecheese

My husband made the mistake of joining up with Herbalife, a few years ago now he is older and wiser he would not touch them with a barge pole! The people who set it up get the money, it is pyramid!

Clive_Woody

meli28 wrote: »

If you actually read my post you would see I DID NOT say I support 60 minute money. I am unsure either way, as I am a person who will look for proof before deciding. I did google herbalife... reviews say that it works, but that it is extremely expensive. Googling it along with the word lawsuit provides no LEGIT websites, such as a government website. Sure a site called 'freewebs' claims that there has ben plenty... but it's not proof.
You have provided no proof... just the comment to google it. lol hypocrite.

Allow me..

A 2004 settlement resolved a class action suit on behalf of 8700 former and current distributors that accused the company and distributors of "essentially running a pyramid scheme."[17] A total of $6 million was to be paid out, with defendants not admitting guilt.

In a routine financial report filed with the U.S. Securities and Exchange Commission in mid-2006, Herbalife management identified two pending lawsuits significant enough to warrant notifiying their investors:

• In a California class action suit, Minton v. Herbalife International, et al., the plaintiff is "challenging the marketing practices of certain Herbalife International independent distributors and Herbalife International under various state laws prohibiting "endless chain schemes", insufficient disclosure in assisted marketing plans, unfair and deceptive business practices, and fraud and deceit".
• In a West Virginia class action suit, Mey v. Herbalife International, Inc., et al., the plaintiffs allege that some "telemarketing practices of certain Herbalife International distributors violate the Telephone Consumer Protection Act, or TCPA, and seeks to hold Herbalife International vicariously liable for the practices of these distributors. More specifically, the plaintiffs' complaint alleges that several of Herbalife International's distributors used pre-recorded telephone messages and autodialers to contact prospective customers in violation of the TCPA's prohibition of such practices".

Herbalife managements insisted they have meritorious defences in both cases and that in the West Virginia case, any such distributor actions also went against Herbalife's own policies. Management also contends that any adverse legal outcomes Herbalife might suffer would not significantly affect their financial condition, particularly since they have already set aside an amount that they "believe represents the likely outcome of the resolution of these disputes".

Mey v. Herbalife International, Inc., et al. was resolved with Herbalife and its distributors paying $7 million into a fund for class members part of the suit. Herbalife International did not acknowledge wrongdoing, or admit culpability for the actions of its distributors.

Bunnpoff v. Herbalife International, Inc., et al. was resolved with Herbalife and its distributors paying $13 million dollars to members of the class action suit. Herbalife International did not acknowledge wrongdoing, or admit culpability for the actions of its distributors.

Swoboda v. Herbalife International, Inc., et al. was resolved with Herbalife and its distributors paying $24 million dollars to members of the class action suit. Herbalife International did not acknowledge wrongdoing, or admit culpability for the actions of its distributors.

misery-eyes

Wow so glad I found this post. I just received a phonecall from 60mm and the lady wouldn't tell me exactly what it is. Now that I know that it is herbalife products, I'm definitely not going to do it. My brother tried the Herbalife thing about a year ago, and ended up needing to sell the things back to Herbalife. I tried out the products for him while he was marketing it. It made me sick and didn't work for weightloss at all. At most all I can say is that their shakes taste like puke in a bottle. Their protein bars are delicious though, just a pity it doesn't do anything though.

Thanks so much, this post is extremely helpful!

MartinHetherington

The question I have is this......in this current economic climate with redundancies and threats of redundancies etc should such a scheme be advertised on fish-4? Surely people are going to continue to get scammed. I found the link to it after doing a search for IT Manager in Yorkshire??? How did that happen?

Jo0lz

Saw their Ad on FISH4JOBS
Did a quick GoogleSearch and ended up here [thankfully]
I'm a newbie here [been on this site for a few years but NEVER posted before]
Looks like a scam to me....
AS a new poster I cannot add links
BUT found an article on thefreelibrary.com [see quote below]

The Herbalife Ltd. president and Chief Operating Officer Gregory Probert who resigned last week following charges that he had hyped his academic credentials was a longtime colleague and personal friend of Chief Executive Michael Johnson
But once it became public April 25 that that the 51-year-old Probert hadn't completed all the requirements for an MBA he had claimed to finish, it was only a matter of time before he joined the ranks of U.S. corporate leaders forced from office for resume inflation or other ethical infractions
"To lie about this type of information makes you wonder what other things he could have been hiding," said Alexandra Higgins, a consultant with Corporate Library, a respected Corporate Governance.
Also working against Probert: He joined the firm shortly after Johnson came on board in 2003 to clean house and turn things around following the overdose death of founder Mark Hughes, a charismatic leader who was not a trained executive

f1babe

MartinHetherington wrote: »

The question I have is this......in this current economic climate with redundancies and threats of redundancies etc should such a scheme be advertised on fish-4? Surely people are going to continue to get scammed. I found the link to it after doing a search for IT Manager in Yorkshire??? How did that happen?

I also found a 'job' advetised from fish4, but i was looking under admin, which claimed to be. Do websites like fish4, jobsite etc not vet companies before accepting cash for non existent jobs?? This makes them as guilty as the pyramid company for advertising something which isnt true.
Is there nothing that can be done to report people like this?
This is the 2nd 'job' ive found like this on job websites. I had 1 lady call me after i completed an application for forever living, i watched (and fell asleep during!!!!) a 15 minute online presentation and still had no clue what it was all about! When i emailed this lady saying i was stil unsure what it involved, she replied - "
There are of course products to sell, but we tend to talk about 'recommending' because otherwise people think they have to be good at sales or do hard-selling. The range includes skin-problem-solving, weight management, nutrition, cosmetics, personal care and animal care. The nature of the products means that in many cases they sell themselves because of what they can do. For example, we have a highly regarded cream that is used in Great Ormond Street for a rare skin condition in children and that is very helpful for conditions like eczema and psoriasis. We have a deodorant that doesn't contain aluminium salts and is highly rated by Rosemary Conley and Richard & Judy (!).

We have extensive sales and marketing tools and local, national and online training and support.

Can we speak again if you're at all interested? We can either meet up or I can take you to a special business presentation in Glxxxxxxxx where you'll get all your questions answered.' :T

P.S Ive just emailed a complaint to fish4 asking how they can allow such companies to advertise a job, when there is NO job! Will post their reply, should they bother to send me one!