Posted January 14, 2017

FTC Sends Checks to Herbalife Multi-Level Marketing Program Participants

On January 10, 2017, the FTC announced it is mailing checks to approximately 350,000 people who lost money running Herbalife businesses. The money is being distributed as part of Herbalife's $200 million settlement of FTC charges that it deceived its customers by suggesting they could earn substantial money by selling the company's diet, supplement, and personal care products. 

The amount of most checks range from $100 to $500, although some exceed $9,000. They are being sent to people who ran an Herbalife business in the U.S. between 2009 and 2015, and who paid at least $1,000 to Herbalife but got little or nothing back from the company.

The FTC noted that recipients should deposit or cash checks within 60 days. It also reminded consumers that the FTC never requires people to pay money or provide account information to cash refund checks.

Herbalife will also restructure its multi-level marketing program as part of the settlement.

More information about the refunds can be found here.

FTC tips for what to look for when joining a multi-level marketing company can be found in its article "Money back for 350,000 Herbalife distributors".

(See Reviews of Herbalife products).

See Related Warnings:

Herbalife Agrees to Business Restructure and $200 Million Payment to Settle FTC Charges of Deception

Senator Investigates Herbalife Business Practices, Calls for Reforms

Nutrition Shake Recalled Due To Undeclared Allergen

For read the FTC's press release, use the link below.