Herbalife

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FBI Probes Herbalife Pyramid Scheme Allegations

Hedge fund manager made accusation in 2012

(Newser) - In December 2012, a hedge fund manager accused nutrition company Herbalife of being a pyramid scheme; now, the FBI is investigating. The criminal probe comes on top of civil investigations from multiple agencies, including the Federal Trade Commision, the Financial Times reports—though no charges have been filed. Following news...

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