The FTC has announced a lawsuit against Neora, LLC, formerly known as Nerium International, LLC. The FTC alleges that Neora, an international multi-level marketing (MLM) company that sells dietary supplements, skin creams, and other products, is an illegal pyramid scheme.Nov 4, 2019
Is neora fit a pyramid scheme?
Neora. In 2019, the FTC sued wellness/skin care/supplement MLM company Neora, “alleging that the company operates as an illegal pyramid scheme and falsely promises recruits they will achieve financial independence if they join the scheme,” according to a public statement from the FTC.
What happened to the company Nerium?
ADDISON, Texas--(BUSINESS WIRE)--Nerium International is changing its name to Neora™ as part of a global rebrand that reflects the company's evolution as a relationship marketer and vision as an anti-aging industry leader. The transition to Neora will become official on February 1.
Is Nerium a MLM company?
Neora — formerly known as Nerium — is one of the most popular MLM skin care companies in recent history.
Why is Nerium bad?
The active ingredient, nerium oleander, causes "massive oxidation, reduction of protein synthesis, and can promote cell death." This is what was learned when nerium oleander was originally being tested by Nerium Biotechnology for cancer treatment.
Is neora being sued?
In 2019, the FTC sued wellness/skin care/supplement MLM company Neora, “alleging that the company operates as an illegal pyramid scheme and falsely promises recruits they will achieve financial independence if they join the scheme,” according to a public statement from the FTC.
What happened to neora?
Formerly known as Nerium International, Neora switched their brand name in 2019 to reflect a new company direction. One of the biggest changes was eliminating the use of the toxic plant Nerium oleander from their flagship product NeriumAD.
Nerium is a multi-level marketing company that sells supplements, skin creams, and other products through a network of “brand partners.” According to the FTC, Nerium actually operates an illegal pyramid scheme that pushes distributors or brand partners to focus on recruiting new distributors, rather than retail sales Nov 1, 2019
Is Nerium safe to use?
Despite what the rep tried to claim, nerium oleander is also toxic, just not as toxic as yellow oleander (Thevetia peruviana), which is so toxic that one seed can kill you. It's considered "safe" because it's in such small doses in the product.
What happened to Nerium AD?
ADDISON, Texas--(BUSINESS WIRE)--Nerium International is changing its name to Neora™ as part of a global rebrand that reflects the company's evolution as a relationship marketer and vision as an anti-aging industry leader.