Tempe-based Vemma Nutrition Company, an MLM company which sells wellness products, settled a lawsuit last week filed by the Federal Trade Commission. The settlement ends a year and a half of legal ...

Tempe-based Vemma is in trouble with the Federal Trade Commission for allegedly being a “pyramid scheme,” roping people into selling nutritional drinks and other products at a financial loss. The FTC ...

Last month, the Federal Trade Commission shut down Vemma, seizing its assets and stopping its operations. Vemma's owners insist that the company is a legitimate multi-level marketing firm, but FTC ...

Vemma was a privately-owned MLM that sold dietary supplements. In 2015, the FTC closed it down for deceptive practices and operating a pyramid scheme. Vemma sold its products online and through ...

An Arizona beverage maker that has been accused of operating a pyramid scheme is set to bring its marketing pitch to Stamford this week. Vemma Nutrition Company, a privately owned firm that ...

PHOENIX - Vemma Nutrition, of Tempe, Ariz., raked in $200 million through an illegal pyramid scheme, the FTC claims in Federal Court. Sign up for new weekly newsletter Closing Arguments to get the ...