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Organo Gold Pyramid Scheme Review
Organo Gold was launched in 2008, and quickly generated much controversy since. Their range of teas and health supplements containing Ganoderma spores is designed to boost fitness, mental alertness and energy levels for maximum efficiency.
At Ganoderma Lucidum Mushroom Extract USA we sell personal care and nutraceuticals infused with this mushroom extract compound.
Bernardo Chua
Bernardo Chua is an exemplary entrepreneur with an impressive business track record. Known for his honesty and integrity, which have won him respect among fellow businesspeople. Additionally, his dedication to producing quality products while promptly paying distributors quickly has cemented him as a respected leader within direct sales industry.
Organo Gold offers coffee and health supplements containing Ganoderma lucidum mushrooms with purported healing properties, like Ganoderma lucidum. Organo Gold’s distributor network makes money off sales; but critics question its claims regarding Ganoderma’s medicinal benefits – for instance NYU Langone Medical Center notes that while herbalists call reishi an “adaptogen”, “there is no meaningful evidence” showing its ability to help the body resist different forms of stress.
This company provides products to address an array of diseases such as type two diabetes, hypertension and weight loss. Distributors who participate are rewarded for their efforts with an exclusive compensation plan and educational resources designed to grow their businesses. Furthermore, members have access to an online environment for managing their businesses from any location.
Despite all of their recent controversy, Nu Skin remains an established multilevel marketing corporation with distributors worldwide. Their management team remains strong as they expand into new markets like Malaysia and Indonesia while continuously improving their offerings.
FTC officials allege in their Temporary Restraining Order papers that Noland falsified his income to lure people into his scheme, as well as violating an earlier injunction against him regarding Netforce Seminars pyramid scheme. Noland and Cocheu were charged with engaging in fraudulent transference by transferring assets of AmeriSciences without adequate consideration, engaging in unlawful transferring practices that allowed jurors to find them guilty of violating the RICO Act – an allegation which can carry jail time of years or even decades if proven. The defendants could also be ordered to make restitution payments and turn over any proceeds of their scheme, in addition to paying court costs and fees. Therefore, consumers are strongly advised to conduct research before investing money with any company.
Shane Morand
Shane Morand is a highly successful network marketing company leader and stands by the highest ethical standards. His strong belief in networking and personal growth drives his work as an author and public speaker on leadership topics. Additionally, he serves as Global Master Distributor of Organo Gold products.
Organo Gold is a multilevel marketing company offering products crafted from Ganoderma Lucidum mushrooms, long used in Eastern medicine for health benefits and energy enhancement. Their teas and supplements aim to improve health and boost energy, with an established compensation plan rewarding distributors for their hard work.
Since its emergence, this company has generated some controversy. According to FTC records, at least 55 complaints have been lodged against it alleging that its claims about potential income people can earn as independent distributors are exaggerated.
This company is being accused of making unsubstantiated medical claims about its products. A claim made by Jessica McCallister – an employee at the company – stated that its products could treat various conditions, such as sexual dysfunction and digestive problems, according to emails sent out and later posted online.
The company responded to these allegations by asserting that they are unfounded and that it operates legally and ethically. Furthermore, an external expert was hired to review these accusations and make recommendations on how best to address them. Furthermore, recruitments were temporarily suspended while product deliveries in the US halted until further notice.
Compensation plan
Organo Gold was established in 2008 as one of the fastest-growing network marketing companies worldwide. Selling coffee, tea, hot chocolate and personal care products that contain Ganoderma lucidum mushroom (commonly referred to as Reishi) as its main active ingredient. Organo Gold’s compensation plan incentivises distributors to promote and recruit others into selling its product line.
Organo Gold has received numerous consumer complaints that accuse it of operating as a pyramid scheme, according to documents released from the Federal Trade Commission after receiving Freedom of Information Act requests. Organo Gold denies such allegations by saying it operates legitimate multi-level marketing networks that offer real health benefits through its products.
But the company’s alleged pyramid structure is illegal in several states and violates laws concerning health-related product sales. Furthermore, distributors must purchase the products to distribute in order to make money from selling them, making the products unaffordable to many individuals.
Additionally, the company’s website contains false and deceptive claims about being “pending member” of the Direct Selling Association, despite claims to the contrary from company representatives. DSA vets members in order to ensure they operate ethical businesses.
Distributors should take measures to avoid confusion by refraining from making reference to OG or the Company in electronic messages they send to third parties, whether this means mentioning its name or inferring approval; this policy applies whether communicating with an OG Distributor directly, another distributor, or third parties.
Legality
Organo Gold is a multilevel marketing company offering products containing Ganoderma Lucidum as well as supplements to increase energy levels. Their flagship product is coffee targeted towards health conscious consumers; however, tea and various supplements are also offered as products or offered through multilevel marketing models to generate additional revenue streams for them. However, its sales practices have raised concerns as to whether this operation constitutes a pyramid scheme.
The company markets their coffee and other products as healthy alternatives to traditional coffee, with Ganoderma lucidum fungi contained within which some herbalists believe can treat various conditions, including type two diabetes and high blood pressure. They claim their products have the support of both the US Department of Agriculture and American Cancer Society – however, as yet FDA hasn’t approved these claims.
Organo Gold offers seven distinct ways for distributors to make money besides traditional retail sales: retail profit, fast track bonus, dual team bonus, generational bonus matching bonus pooling and uni level bonus pooling. In order to qualify for these bonuses, distributors must generate at least 50 Personal Qualifying Volume (PQV) over any commissionable period.
Organo Gold offers one of the most lucrative ways to generate an income: The Dual Team Bonus. It’s paid weekly based on sales from both of your teams, making this one of the highest bonuses available and increasing earnings significantly. To qualify, personally sponsor two Distributors on either team and help them generate at least 50 PQV during any commissionable period.
OG also collects non-identifying data about you, such as email addresses, purchase history information, searching and browsing activity data and registration history information. This data is shared with third parties according to their individual privacy policies.
The Court found that Rasmussens operated as Independent Representatives within a multilevel marketing enterprise involving the sale of goods and services where Independent Representatives received commissions for both their own sales as well as those recruited by them – primary recruits directly recruited, secondary recruits recruited by those primary IRs etc. In addition, the Court concluded that defendants conspired together in recruiting Rasmussen’s downstream Independent Representatives away from Titan Global; such damage caused to Titan Global was sufficient evidence of racketeering activity sufficient for RICO proceedings.