John Oliver’s latest episode was a smash hit and was actually the #3 video on YouTube shortly after its release. In the episode, John Oliver explained the practices of multilevel marketing companies and equated their strategies with those of a pyramid scheme. But the TV star’s exposition of the industry didn’t end there. He directly attacked #HerbaLife, the multilevel marketing company that sells nutritional supplements, weight management loss products, and other products. But that’s not all a company like Herbalife sells.
An Obvious Pyramid Scheme.
A multi-level marketing scheme is literally defined as a system in which people make money through referring other people while also selling products to those same people. Unfortunately the system has actually hurt more people than it has benefitted and John Oliver thankfully shed a light on it in his latest episode. If you haven’t watched it yet, I would highly recommend watching the video below.
It’s a fantastic look at an industry that should be frowned upon by everyone. These companies promise an easy life and a schedule that has people as their own bosses. But that dream is far from a reality. And there’s perhaps nowhere where it’s more true than Herbalife.
Herbalife Gets Destroyed by John Oliver.
This company was the main focus for John Oliver during the episode. He immediately attacked CEO Michael Johnson for what Oliver could only describe as a pyramid scheme. And it’s hard to disagree with that. The Latino community had lost thousands of dollars thanks to this company’s aggressive advertisement within its communities. Because of that advertising, a ton of people decided to become affiliates within the Herbalife program. And what happened? One man lost $22,000. Others also lost thousands and are now preaching about the negatives of multi-level marketing companies.
But that’s not all Herbalife has done. It seems like they will do pretty much anything to prevent negative press surrounding the company. To stop people from learning, they decided to purchase more than 170 tickets to the film « Betting on Zero, » which will also shed a light on the corrupt practices of these companies. We can only hope that John Oliver has done enough to dissaude people from ever joining these types of companies again. #Last Week Tonight With John Oliver #JohnOliver