Herbalife Australia and the Fallout From the Belgium Pyramid Case
December 17th, 2011
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by admin · Filed Under: Network Marketing - News
Herbalife Australia Reps Expect Minimal Impact
Sooner or later it had to happen.
Aggressive mlm marketer Herbalife was going to be the patsy at the hands of over zealous regulators, consumer groups and the court system.
Last week a Belgium Court ruled that Herbalife is a dodgy pyramid scheme.
Normally these accusations are directed at young companies that are maybe too aggressive in their marketing efforts.
Herbalife has said they will appeal the ruling which happened as a result of a case brought by local consumer organization Test-Aankoop in 2004.
The ruling claims that the company is in violation of Belgian law in relation to ‘unfair commercial practices.’
Herbalife can modify their sales practices, but if they don’t make sufficient changes, a maximum fine of 250,000 euros can be imposed.
It is important that Herbalife take what ever action is necessary to resolve the problem, otherwise the fallout could affect sales in other markets including Australia, which has been opened for business for 29 years.
Go here for more information on this matter which may affect Herbalife Australia.
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