HomePyramid Scheme

Pyramid Scheme

Vemma Energy Drink Shut Down

By Joseph Randazzo | Aug 28, 2015 10:32 AM EDT

On Wednesday the Federal Trade Commission shut down the alleged pyramid scheme Vemma Nutrition for promising college students they'd get rich for selling their drink. Much like the AMWAY knife scam from the old days, most people ended up losing their money. The worst part about this is while these kids were hit in the wallet, Vemma earned more than $200 million a year in both 2013 and 2014. It was a lucrative business for everyone involved but the people fronting their drinks. Read More »

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