2minute

Herbalife President Resigns in Disgrace

Filed in archive home based franchises on May 1, 2008

Herbalife President Resigns in Disgrace
© gruntzooki
Herbalife President Gregory Probert resigned today after admitting he lied about his academic credentials. He claimed in his biography that he had an MBA from California State University but last week admitted he had never actually completed the requirements for one. He had been under investigation by the company's board following a previous investigation by Barry Minko of the Fraud Discovery Institute in San Francisco. Minko has been an outspoken critic of the company.
In a statement Herbalife said it had no choice but to accept Probert's resignation and reaffirmed the company's "unwavering commitment to the highest standards in business ethics." That final statement is a bit hard to believe given the deceptive nature of their "Crazy Like a Fox" television ads.



Permalink: Herbalife President Resigns in Disgrace

Tags: herbalife  home  based  business  work  at  home  work  from  home.  telecommuting  home  office  self  employment 

Vote for Herbalife President Resigns in Disgrace:

  • Currently 7.00/10
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
Rating: 7.00 out of 4 vote(s) cast.
 
Share It
RSSrss
Google google
Yahoo! yahoo
Addthis Subscribe using any feed reader!
Bloglines Bloglines
TwitterFollow us on Twitter!
Tagcloud
Most Popular   Best of   business ideas   business tips   Did you know   financing   freelancing tips   General   Home Based Businesses   home based franchises   home business events   home business people   home business software   home office tools   internet business   management   marketing   Misc   odd home business idea   online job   opportunities