After studying Velovita had acquired Jeunesse World, I initially supposed to publish a very up to date evaluation.
That was on the belief that Jeunesse World would proceed on as its personal MLM alternative.
Seems that in buying Jeunesse, Velovita has merged what was left of the corporate with their current providing.
Merely put, Jeunesse because it existed beneath co-founders Randy Ray and Wendy Lewis, after which LaCore Enterprises, doesn’t exist anymore.
Co-founders Ray and Lewis owned and run Jeunesse from launch again in 2009. On account of a mixture of age and monetary problem, the couple offered Jeunesse to LaCore Enterprises in January 2023.
As with Velovita’s acquisition, I supposed to publish an up to date Jeunesse evaluation after the transitional interval. Beneath LaCore Enterprises nonetheless, nothing occurred with Jeunesse value protecting.
This brings us the announcement Velovita had acquired “sure belongings” of Jeunesse in November 2024.
Funnily sufficient there’s no official announcement relating to the acquisition from Velovita. Velovita promoters are framing it as an acquisition of Jeunesse Latin America:
An official electronic mail despatched out by Jeunesse final month nonetheless doesn’t make this distinction:
No matter whether or not Velovita has simply acquired Jeunesse’s rights for Latin America, the acquisition contains Jeunesse’s on-line presence (web sites and social media accounts) and product catalog.
A go to to Jeunesse’s authentic web site area now redirects to a separate Jeunesse part on Velovita’s web site.
And, so far as I can inform, Jeunesse now operates beneath Velovita’s compensation plan.
I’m unsure what’s up with the paradox however no less than on look, it seems any distinction between Velovia solely buying Jeunesse latin America and the whole firm is superficial.
For his or her half LaCore Enterprises is conspicuously absent from any of the Velovita acquisition advertising. Ditto Kevin Giguere and Pamela McKinney, who had been appointed Jeunesse’s Administrators after the LaCore Enterprises acquisition.
It ought to be famous that Giguere and McKinney have been accused of stealing tens of hundreds of thousands from Jeunesse co-founder Randy Ray.
Ray additionally names Jennifer Luce as a defendant, accusing her of abusing her govt place at Jeunesse to control compensation payouts.
Jennifer Luce additionally participated within the scheme by including unearned factors to the Community Defendants and was compensated by Kingpin Defendant Kevin Giguere straight for doing so.
Jennifer Luce additionally assisted the Kingpin Defendants’ efforts to keep away from authorized legal responsibility for his or her Level Scheme as soon as the Kingpin Defendants believed the Level Scheme was uncovered by notarizing sham releases for improper funds to the Community Defendants.
Luce now seems on Velovita’s web site as its Chief Working Officer.
Pending an up to date Velovita evaluation sooner or later if the necessity arises, we’ll most likely in any other case go away Velovita’s Jeunesse acquisition there.