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You might also be interested to read the following eBooks: Profitable Home Internet Business Ideas. How to turn good Internet business ideas into a profitable online home business. How To Get Into Harvard Business School. Best-Selling Toolkit on How to Get Into Harvard Business School - Make $40 per Sale Starting A Gift Basket Business. Complete business package to help you easily and quickly start your own profitable home-based gift basket business! Equinox International was a multi-level marketing organization, headed by William Gouldd. In the early-to-mid 1990's, Equinox was one of the fastest-growing companies in the United States.
Beginning in 1996, Equinox came under scrutiny for a number of alleged improprieties and illegal acts, including deceptive recruitment tactics. Numerous individuals had filed criminal and civil complaints against Equinox, claiming the firm had swindled them out of money. On the 25 April 2000 the Federal Trade Commission issued a notice that Equinox International had settled the court case with a penalty of $40,000,000 in restitution to the victims of Equinox International. Additionally, Gouldd, the principle of Equinox International, was forced to liquidate many of his possessions, and is furthermore barred for life from participating in any network marketing organization in the United States. Equinox International dissolved in 2001. |
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