Date: December 02, 2018 05:07PM
"LuLaRoe's chief clothing supplier is suing the company for nearly $49 million in a lawsuit claiming the multi-level marketing company has failed to pay its bills for seven months.
The supplier, Providence Industries, said in the suit that it has reason to believe LuLaRoe is insolvent, and accused the company's founders, Mark and DeAnne Stidham, of hiding assets in "shell" companies to fund their "lavish lifestyle."
"Meanwhile, hundreds of LuLaRoe sellers — who buy the company's clothing at wholesale prices, then turn around and sell it to customers at a markup — have said they've been waiting months, some more than a year, for refund checks worth thousands of dollars."
So many scams, so little time.
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