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TelexFree President Sentenced
James Merrill, former president of TelexFree, was sentenced on March 22 to six years in prison and three years of probation. Merrill pleaded guilty last October to one count of wire fraud conspiracy and eight counts of wire fraud.

Merrill founded TelexFree with business partner Carlos Wanzeler, who is a fugitive living in Brazil.

Merrill's lawyer submitted dozens of written statements from friends and relatives of Merrill, describing a generous, naive man who could not have masterminded a complicated pyramid scheme. Prosecutors said that although Wanzeler was the "prime mover" in the enterprise, Merrill chose not to tell authorities that the company was engaged in fraud and continued to profit from it.

"Despite knowing that Telexfree was a pyramid scheme, Mr. Merrill profited for years at the expense of the hard-working individuals who invested in the fraudulent company," acting U.S. Attorney William D. Weinreb said in a statement.

 

Isagenix Celebrates 15 Years in Business
GILBERT, Ariz. , March 24, 2017 -- Isagenix, a global health and wellness products and solutions company, celebrated a significant milestone Thursday, March 23 . The date marked 15 years that Isagenix has been helping thousands transform their lives across the world. Today, Isagenix is the largest company headquartered in Gilbert, Arizona , with nearly $1 billion in annual sales and a life-to-date... [ Click Here ]

 

Kyani Launches Fleuresse Skin Care System
FORT WORTH, Texas, March 13, 2017 -- Kyani just concluded their annual International Leadership Academy in Fort Worth, Texas, with over five thousand attendees from all over the world. During the event several announcements were made, the most significant being the launch of Fleuresse, a brand new skin care system that was added to the lineup of Kyani products.

The announcement of a new lin... [ Click Here ]

 

Regeneca Issues Recall of Entire Product Line
Regeneca Worldwide, a division of VivaCeuticals, Inc. is conducting a nationwide recall of its entire line of herbal and dietary supplement products pursuant to a Consent Decree entered by the federal court for the Central District of California. This recall applies to all products manufactured and sold between June 1, 2011 and February 8, 2017. These products include, but are not limited to Regen... [ Click Here ]

 

LifeVantage Appoints Charles J Wach COO
SALT LAKE CITY, March 09, 2017 -- LifeVantage Corporation announced today the appointment of Charles J. Wach as Chief Operating Officer, effective March 13, 2017.

“We are pleased to have Charles ‘Chuck’ Wach join the company as COO,” said LifeVantage President and Chief Executive Officer, Darren Jensen. “He is an accomplished leader with operations experience in the nutritional supplement,... [ Click Here ]

 

Regeneca Shutting Down
Regeneca Worldwide has been ordered to cease operations by the Department of Justice, which filed a consent decree of permanent injunction against the company and its CEO, Matthew Nicosia, alleging that they violated the Federal Food, Drug and Cosmetic Act (FDCA) by manufacturing and distributing RegeneSlim Appetite Control, which contained the additive dimethylamylamine (DMAA), and failing to dis... [ Click Here ]

 

Agents Seize Approximately 20 Million in Scheme to Launder TelexFree Funds
January 26, 2017(Boston)--Approximately $20 million in cash hidden inside a box spring in a Westborough, Massachusetts, apartment was seized late yesterday, and a Brazilian man was arrested in connection with conspiring to launder proceeds of the massive TelexFree pyramid scheme.

Cleber Rene Rizerio Rocha, 28, was charged in a criminal complaint with one count of conspiring to commit money... [ Click Here ]

 

Modere Acquires Jusuru
EWPORT BEACH, Calif., Jan. 18, 2017 -- Modere, the first social retailer to create a safe and forward-thinking approach to overall wellness, today announced that it has reached an agreement to acquire Jusuru International, Inc. ("Jusuru"), the company behind Liquid BioCell™, a new generation of nutraceuticals for healthy aging, active joints and younger-looking skin that has been backed by multipl... [ Click Here ]

 

FTC Sending Checks to Herbalife Distributors
January 10, 2017 -- The FTC announced it is mailing checks to almost 350,000 Herbalife distributors as part of the ettlement with Herbalife. Herbalife agreed to pay $200 million and to restructure its business in order to avoid being classified as a pyramid scheme. Herbalife publicly disagreed with the FTC's allegations but said it was settling to avoid the costs associated with litigation.

<... [ Click Here ]

 

Coty Buys Majority Stake in Younique
New York – January 10, 2017 – Coty Inc. announced today that it has entered into a partnership with the Founders of Younique, a leading online peer-to-peer social selling platform in beauty. Under the proposed agreement, Coty intends to acquire 60% of Younique while the Founders will own the remaining 40%. Younique’s Founder and current CEO, Derek Maxfield, and Chief Visionary Officer, Melanie Hus... [ Click Here ]

 

Vemma Settle with FTC
Tempe, AZ- Vemma Nutrition Company (“Vemma”) is pleased to announce that it has reached a settlement with the Federal Trade Commission (“FTC”), bringing an end to the FTC’s lawsuit against Vemma that was filed just over 16 months ago.

For Vemma, there are three key components of the settlement.

First, despite the FTC’s initial allegations, the settlement contains no admission of faul... [ Click Here ]

 

XANGO Launches 12 Days of Giving Campaign
LEHI, UT--(December 21, 2016) - XANGO, a global wellness and direct sales leader, is marking a successful 2016 by mobilizing its worldwide force of distributors for the '12 Days of Giving' campaign to help support children and families in need. Leading up to Christmas, the company is spreading goodness and inviting people to purchase XANGO Meal Packs to provide much-needed nutrition to malnourishe... [ Click Here ]

 

ViSalus CEO Steps Down
LOS ANGELES, Dec. 22, 2016 -- ViSalus CEO Ryan Blair today announced a new investor group and corporate restructuring designed to strengthen the company's balance sheet. As part of this transaction, Blair announced he is stepping down as CEO to devote more time to his venture capital firm and towards mentoring leading tech innovators. Blair will hand the reins to ViSalus Co-Founder Nick Sarnicola,... [ Click Here ]

 

Nu Skin CEO to Leave
PROVO, Utah, Dec. 7, 2016 -- Nu Skin Enterprises today announced a senior management transition plan. Truman Hunt, who has served as the company's president and chief executive officer since 2003, has accepted a three-year leadership assignment for The Church of Jesus Christ of Latter-day Saints beginning in mid-2017.

The Nu Skin Board of Directors has announced that Ritch Wood will become... [ Click Here ]

 

USANA Health Names Kevin Guest CEO
November 24, 2016 -- USANA Health Sciences, Inc., a manufacturer of nutritional supplements, healthy foods and personal care products, announced Wednesday the appointment of current Co-CEO, Kevin Guest, as CEO of the company, as Dave Wentz has made the personal decision to step down as Co-CEO and a Board member.

The company said it will no longer utilize a Co-CEO management structure. The U... [ Click Here ]

 

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