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Thread: Utah-based MonaVie faces foreclosure after spectacular rise and fall

  1. #1
    littleroundman is offline Administrator
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    Utah-based MonaVie faces foreclosure after spectacular rise and fall

    Being reported in the Salt Lake Tribune



    You can read the original report here on
    sltrib.com
    The only thing necessary for the triumph of evil is for good men to do nothing

  2. #2
    laidback's Avatar
    laidback is offline Senior Troll
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    Re: Utah-based MonaVie faces foreclosure after spectacular rise and fall

    Cue Freddie Mercury...thump, thump thump, another one bites the dust!
    It seems like in this "industry" common sense is not all that common!

  3. #3
    JustTooMuchTime is offline Senior Scambuster
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    Re: Utah-based MonaVie faces foreclosure after spectacular rise and fall

    That's ridiculous. They could have saved their company by clicking on a few MAPS ads.

  4. #4
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    Re: Utah-based MonaVie faces foreclosure after spectacular rise and fall

    Another product-based pyramid scheme bites the dust. You would think a juice that can cure cancer would do much better. /sarcasm
    Rather fail with honor than succeed by fraud. - Sophocles
    LikesXL Scam? Yes It Is In My Opinion!
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  5. #5
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    ribshaw is offline Nigerian Ministry
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    Re: Utah-based MonaVie faces foreclosure after spectacular rise and fall

    I couldn't find the video of Buck Reed and Sheri Sharman touting Monavie, but knowing he is sitting in the can for the next 87 months does bring a smile to my face.

    Freeman Carl “Buck” Reed, Former St. Joseph Man Sentenced To More Than 7 Years In Prison For Philippine Gold Scam And Failure To File Tax Returns | USAO-WDMI | Department of Justice





    Begging the question, if greats like Buck can't do it honestly where is the upside with MLM?


    Did Buck Reed Scam You?
    "It's virtually impossible to violate rules ... but it's impossible for a violation to go undetected, certainly not for a considerable period of time." Bernie Madoff
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  6. #6
    kschang is offline Senior Scambuster
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    Re: Utah-based MonaVie faces foreclosure after spectacular rise and fall

    Speaking of which...

    Dallin Larsen was named E&Y Entrepreneur of the Year in 2009...
    For Monavie to fail now, clearly, the award that wasn't even won by WorldVentures is pure bull****. :)
    ---
    A MLM Skeptic (not a Cynic) covering scams, critical thinking, and psychology
    http://amlmskeptic.blogspot.com

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