In response to a lawsuit filed against them by WorldVentures, Ariix has come out swinging. The company has brought to the court’s attention WorldVentures’ pyramid scheme ban in Norway and tax evasion investigations in South Africa, Cyprus, China and Taiwan. Ariix claims that WorldVentures is currently experiencing a “myriad legal and financial difficulties” and ongoing [Continue reading…]
Articles under ‘World Ventures’:
WorldVentures response to Rwanda declaring the company was an illegal pyramid scheme was certainly strange. Rather than prove it wasn’t a pyramid scheme, WorldVentures brushed off the ban by claiming it didn’t do business in Rwanda. This caught the attention of several Brazilian WorldVentures affiliates. Because despite Brazil not appearing on WorldVentures list of authorized [Continue reading…]
Following an internal investigation into WorldVentures by Rwandan authorities, yesterday the Rwanda Development Board issued a pyramid scheme warning to the public.
Following on from a Temporary Restraining Order and contempt charge, WorldVentures has been granted a permanent injunction against David Wood.
Following WorldVentures’ filing of a contempt motion on July 27th, David Wood has been found in contempt of court. The August 8th case docket states that WorldVentures’ attorneys attended the hearing. David Wood failed to make an appearance.
Following other top affiliates that have sued the company for unpaid commissions, now comes Devraj and Cassandra Soojay with a lawsuit demanding $106,000.
Since revealing WorldVentures owes one of its affiliates almost $100,000 in unpaid commissions, we’re receiving confirmation that other affiliates are in similar predicaments. One such affiliate is WorldVentures’ top Asian affiliate, Dennis Bay.
Having successfully overturned an ex parte TRO, defendants MaVie and Ariix have survived WorldVentures’ motion for a preliminary injunction.
As WorldVentures continues to pursue litigation in an attempt to stop those who leave from earning elsewhere, unpaid commissions has emerged as the primary reason for affiliate departures. The latest development is the disturbing revelation that WorldVentures has “no timeframe” for unpaid commissions.
Owing the amount of litigation WorldVentures has recently filed, we’ve published a number of articles featuring the company this week. Perhaps one unintended consequence of WorldVentures’ legal filings is disclosure as to how much it currently owes affiliates. I’ve been hearing rumors that WorldVentures is behind on commission payments for some time now. But up [Continue reading…]