FTC sends refunds to vemma affiliates who lost money
The FTC is sending a second round of checks to people who lost money to an alleged pyramid scheme operated by Vemma Nutrition Company.
Vemma sold health and wellness drinks through a network of distributors known as “affiliates.” According to the FTC, Vemma made false income claims to recruit affiliates, when in fact, most participants lost money. The FTC also alleged that Vemma operated as a pyramid scheme that compensated affiliates mainly for recruiting others rather than for retail sales based on legitimate consumer demand for the products.
The first round of checks mailed in September 2019. Because there is still money in the fund, the FTC is mailing 13,508 additional checks totaling more $430,000 to people who cashed their first check.
If you get a check, please cash it within 60 days.
If you have questions about the case, please call the refund administrator at 1-833-759-2980.