"Let’s be conservative. Say you only make $2½ million a year. In 30 years, what is that? Almost $70 million."
Herbalife’s marketing presentations and advertisements promise huge profits and a “get-rich-quick” opportunity. These sales pitches describe Herbalife as the key to “financial” freedom”, “extra income”, and a chance at “owning your business”, saying “anyone can do it.” Herbalife and its affiliates also highlight outlandish success stories. But in reality, the vast majority of Herbalife participants make no money and most even end up losing money.
Only the top 0.1% of Herbalife participants make over $148,000/ year
0.12% make an average of over $148,000 a year
99% earn less than half of minimum wage
Once purchase costs and other business expenses, including start-up fees ranging from $3,000-$4,000, are deducted, the average income of a sales leader is a net loss. 66% of sales leaders drop out in the first year.
Herbalife admits to targeting minorities, particularly Latinos in the United States. More than 60% of U.S. distributors are Latino, more than three times the proportion of the Latino population in the U.S. Furthermore, 300,000-400,000 Latino distributors will quit this year and will be replaced by 300,000-400,000 new Latinos. That means, if left unchecked, Herbalife could harm as many as 4 million Latinos over the next ten years.
As a former Herbalife distributor, I can say without a doubt that an investigation of Herbalife is warranted.
I think they should be exposed, obviously it’s not right to take advantage of people...
This is not the American dream…I was told I’d be a millionaire by the end of the year, but I was left with nothing
I was told that if I would invest in this, that I would make back three times the money that I invested very quickly…I believe this is fraud, because you are promised that you are going to buy in to a business that’s going to be very profitable and at the end you are left in debt and a failure.
Within the past year, the National Consumers League, Hispanic Federation, MANA, LULAC, several Members of Congress, and local elected officials have asked the FTC to examine Herbalife’s deceptive practices. It is estimated that over the next ten years, consumers will loose between $2-4 billion through Herbalife.
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