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  1. According to Forbes, MonaVie's business plan resembled a pyramid scheme. In 2015, the company defaulted on a US$182 million loan and went into foreclosure. Florida-based Jeunesse Global took over MonaVie’s assets when it purchased the note for $15 million.

  2. 22 Οκτ 2023 · What I’ve found is tons of irrefutable evidence supported by reputable third parties that MonaVie is a grossly overpriced product, with little nutritional value, wrapped in a poor business opportunity that appears to be illegal pyramid scheme, supported by nonsensical “scientific” studies and illegal medical claims.

  3. en.wikipedia.org › wiki › MonaVieMonaVie - Wikipedia

    [8] [13] In a 2008 Forbes magazine article, reporters Emily Lambert and Klaus Kneale described MonaVie as a pyramid scheme, referencing a video testimonial by distributor Louis "Lou" B. Niles that implied the product could cure cancer.

  4. I honestly thought it was going to be like a legit business where we would go to stores and see if they wanted to carry the product (similar to how micro brewers and distillers reach out to local liquor stores and bars). I had no idea what a pyramid scheme was and my naivety was taken advantage of.

  5. He ended up getting one of the teenage delivery drivers to buy into it. He sold the full bottles and the Monavie energy drinks at the shop. I remember bringing it home to my parents and they poured it down the drain, and had "the talk" with me...about pyramid schemes.

  6. 6 Οκτ 2008 · MonaVie—a concoction of acai and other fruit juices, and sold in wine bottles for $40 a pop—is the latest in a long line of mysterious and exotic cure-alls, and no, no you should not “sell” it....

  7. 2 Αυγ 2008 · Critics call MonaVie a "legalized scam" that benefits only a few kingpin executives. The product itself, they say, is an overhyped fruit drink that eludes drug regulation by the Food and Drug...

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