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Thursday, March 28, 2024

Jeunesse accused of orchestrating pyramid scheme

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LOS ANGELES (Legal Newsline) — A class action lawsuit has been filed against a Florida skin care company and its officers, alleging civil conspiracy, fraud, deceit, false advertising, negligent misrepresentation, unjust enrichment, and violations of the Foreign Corrupt Practices Act (FCPA) and Racketeer Influenced and Corrupt Organizations (RICO).

Nancy Wu, Shi Hwa Yuan, Arlene Chang and Fang Fang Ho filed a complaint individually and on behalf of all others similarly situated on Oct. 12 in the U.S. District Court for the Central District of California against Jeunesse LLC, Jeunesse Global, Jeunesse Inc., Fuel Freedom International, Kim Hui, Randy Ray and other officers. The complaint alleges that they breached their duty of good faith and fair dealing by operating a pyramid scheme.

According to the complaint, the plaintiffs allege that they and others have been damaged in an amount estimated to exceed $1 billion as a result of being enticed by the defendants to engage in an illegal multi-level-marketing business, or pyramid scheme, by purchasing distributorship packages priced from $199.95 to $1,149.95 and recruiting other individuals to be part of the business. 

The plaintiffs hold the defendants responsible because they allegedly failed to inform the plaintiffs and others similarly situated that only the very few top distributors can earn “streams of income” and “wealth," and made false income and medical claims as their recruiting statements.

The plaintiffs request a trial by jury and seek judgment against defendants, certify class action, designate class representative, nominal damages, actual and compensatory damages, punitive and exemplary damages, treble damages, civil penalties, disgorgement of profits, attorneys' fees, expenses, expert fees, costs, equitable relief and further relief that the court may deem just. They are represented by Tom C. Tsay and Helen W. Quan of Law Offices of Tom C. Tsay Inc. in San Gabriel, Calif.

U.S. District Court for the Central District of California Case number 17-C-07475

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