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Jeunesse Global: Third Lawsuit Hints at a Pyramid Scheme

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  • Sale Price: RM00

  • Condition: new

  • Location: Malaysia

  • State: Perak

  • City: All

  • Phone: 603-7960-6005

  • Views: 32

Description

A third lawsuit has been filed against the multi-level marketing company (MLM) Jeunesse Global. In October, $1 billion in a class-action lawsuit was filed in the California federal district court. The previous cases were filed against this company in 2016. All the cases pressed similar charges that Jeunesse Is a Pyramid Scheme. This new lawsuit that has been filed by four distributors, one of whom is a former distributor claimed the company is involved in the exploitation of the Chinese American distributors for making money. The recruitment chain the company has been accused of running is a prominent sign of a pyramid scheme, which keeps on growing in size as more and more people end up falling into the investment trap. There are 15 defendants who have been named and 100 defendants who are unknown. The named defendants include a Presidential Diamond director and four Diamond directors. The renowned economist Dr. Bosley, opines after studying the evidence against the company that it is a pyramid scheme. The charges range from violation of foreign law to fraudulent business practices.

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