Entries for the ‘Wealth Masters International’ Category

Deanna Latson quits WMI. What will happen to PURE?

Back in November last year, Wealth Masters International made the announcement that they would be branching into both nutrition and finance. Under the branding Opes Partners and WMI ‘PURE’ respectively, both divisions were set to launch in 2011. Opes Partners seems to have launched quietly in the first half of 2011, but has received minimal [...]

WMI’s Kip Herriage predicts end of universe by 2013

I’m no financial advisor but appreciate that in the afermath and continuing troubled economic times we find ourselves in, there’s an abundance of economic gurus out there taking advantage of fear, speculation and uncertainty. One such person is Wealth Masters International co-founder Kip Herriage.

WMI accuses Gaming Board of collusion and libel

Last we checked in, on March 31st the Norwegian Gaming Board upheld it’s original decision that Wealth Masters International was a ‘pyramid scheme’. At the time, Wealth Masters were given 30 days to appeal the decision and indeed according to information provided by BehindMLM reader M_Norway, they did just that. On April 18th, 19th and [...]

What’s going on with WMI’s leadership?

Just under a month ago now I wrote about Wealth Masters International rewarding Norwegian distributor Per Gunnar Hoem, despite WMI being officially banned in Norway. In the discussion that followed, it was reasoned that seeing as the ban wasn’t applied retrospectively for the month of March, Hoem’s promoting of WMI in Norway was justifiable. In [...]

WMI pushes back ‘PURE’ product line to September 2011

Late last year it was announced that Wealth Masters International were planning to branch out into nutrition, insurance and finance. WMI Health and Nutrition was supposed to provide WMI members with affiliate opportunities to market ‘the world’s most advanced anti-aging technologies’ and slated for a first quarter launch in 2011. Since last November however, nothing [...]

Per Gunnar Hoem promotes WMI in Norway despite ban

Back in December 2010, the Norwegian Gaming Board ruled that after a lengthy investigation into Wealth Masters International, that the WMI business opportunity was indeed a pyramid scheme. Effective back in December, the Gaming Board ordered Wealth Masters International to cease operations in Norway. The same applies WMIs members. It would be illegal to create, [...]

Where are the home grown success stories of WMI?

Six years ago Wealth Masters International was launched and over that period of time WMI has been putting ‘the keys to true personal and financial freedom in (their member’s) hands‘. Wealth Masters claims to have ‘the most innovative and lucrative compensation plan in the industry’, and that the Wealth Masters business opportunity empowers you to [...]

WMI banned in Norway, business as usual in the US?

When Wealth Masters International had their appeal denied and a ban on operating the business in Norway was upheld, you’d have thought some uneasiness would have flowed through the company’s ranks. After all, Wealth Masters strives to be the ‘world’s premiere wealth creation community’, and it’s a bit hard to achieve that status when countries [...]

Norway Gaming Board: WMI still a pyramid scheme

When we last left Wealth Masters International, back on December 21st 2010 the Norway Gaming Board came out and declared the MLM company to be a pyramid scheme. Naturally Wealth Masters weren’t happy with this and using lawyers Hellerøy, made full use of the three week grace period to appeal the Gaming Board’s decision. During [...]

Norway Gaming Board release damning assessment of WMI

A few days ago the Norwegian Gaming Board publicly announced that they’d completed a review of Wealth Masters International and had concluded that the company was a pyramid scheme. The Gaming Board’s report at the time of release was only available in Norwegian and was uploaded as an image in PDF format. I requested an [...]