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  "documentTitle": "Herbalife, Ltd. (HLF)",
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  "authorName": "William Ackman",
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      "text": "the organization is deemed a pyramid scheme if the participants obtain their monetary benefits primarily from recruitment rather than the sale of goods and services to consumers",
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      "text": "\"the organization is deemed a pyramid scheme if the participants obtain their monetary benefits primarily from recruitment rather than the sale of goods and services to consumers\" — Unattributed",
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      "text": "(1) In Koscot, 86 F.T.C. at 1136-37, the FTC found (¶54): “The deception inherent in the endless chain element of Koscot’s marketing plan is but one of the numerous misrepresentations made by respondents. This basic deception necessarily involved, of course, gross misrepresentations of the income to be made through recruitment.”",
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      "text": "Recruitment and Deception: The Two Hallmarks of Any Transfer Scheme",
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