United Sciences Of America
United Sciences of America, Inc. (also known as USA) was an American company that was accused of fraud and shut down in the 1980s. USA manufactured nutritional supplements such as "Master Formula," "Calorie Control Formula," "Fiber Energy Bar," and "Formula Plus," distributing them via multi-level marketing (aka pyramid marketing). The company experienced rapid growth in the 1980s, was heavily endorsed and marketed by various celebrities, and was marketed via over 140,000 distributors. However, an expose by NBC revealed fraudulent practices, and this was followed by multiple lawsuits from Attorneys General in three different states. Several of the company's advisors resigned, and USA declared bankruptcy in 1987.
Read more about United Sciences Of America: Background, Fraud, See Also
Famous quotes containing the words united, sciences and/or america:
“Today’s difference between Russia and the United States is that in Russia everybody takes everybody else for a spy, and in the United States everybody takes everybody else for a criminal.”
—Friedrich Dürrenmatt (1921–1990)
“The great end of all human industry is the attainment of happiness. For this were arts invented, sciences cultivated, laws ordained, and societies modelled, by the most profound wisdom of patriots and legislators. Even the lonely savage, who lies exposed to the inclemency of the elements and the fury of wild beasts, forgets not, for a moment, this grand object of his being.”
—David Hume (1711–1776)
“Fortunately, the time has long passed when people liked to regard the United States as some kind of melting pot, taking men and women from every part of the world and converting them into standardized, homogenized Americans. We are, I think, much more mature and wise today. Just as we welcome a world of diversity, so we glory in an America of diversity—an America all the richer for the many different and distinctive strands of which it is woven.”
—Hubert H. Humphrey (1911–1978)