Following a series of reported non-payment of owed commissions, David Wood issued World Ventures with multiple deadlines. World Ventures appears to have responded in kind by terminating David Wood as an affiliate sometime in the last 24 hours. Unless World Ventures reverse the termination by 10 am Wednesday, June 13th, Wood has vowed to “entirely [Continue reading…]
Articles under ‘World Ventures’:
WorldVentures was declared a pyramid scheme by Norway’s top MLM regulator back in 2014. WorldVentures appealed the Gaming Board’s decision but open review, the original decision was upheld. The decision saw WorldVentures required to cease business operations in Norway, which at the time was one of their primary sources of affiliate recruitment. Not willing to [Continue reading…]
A class-action lawsuit that alleges WorldVentures is an illegal pyramid scheme was filed earlier this year. This one slipped under the radar, so you’ll have to forgive the late coverage as I only found about the lawsuit yesterday.
Back in February 2014, the Norwegian Gaming Board ruled World Ventures was an illegal pyramid scheme. World Ventures filed an appeal, which they lost later that year in November. Within a month World Ventures ceased operating in Norway. Some Norwegian-based affiliates however continue to market World Ventures internationally. The next move by World Ventures saw [Continue reading…]
Last April the Malaysian Ministry of Tourism and Culture declared WorldVentures was operating illegally in the country. This was based on the fact that, at the time, ‘the Ministry of Tourism and Culture (had not) issue(d) a license to WorldVentures‘. WorldVentures still doesn’t have a license, but has instead convinced the Domestic Trade Cooperation and [Continue reading…]
Despite reports late last week suggesting the NCC were going to publish their findings on several investigated MLM opportunities, the agency has today clarified there will be no public updates on the outcome. Despite the overall lack of comment, NCC spokesperson Trevor Hattingh did give one of the companies investigated the all-clear.
Back in 2013 the Norwegian Gaming Board launched an investigation into WorldVentures. In 2014 the Gaming Board concluded WorldVentures was an “illegal pyramid scheme”. WorldVentures was subsequently ordered to cease all business operations in Norway. WorldVentures appealed the Gaming Board’s decision, which was denied in November of 2014. By December 2014, WorldVentures had no choice [Continue reading…]
A few days ago it was revealed that South Africa’s National Consumer Commission are to announce their conclusions about several income opportunities early this week. Among the opportunities the NCC has investigated over the past year are WorldVentures and South African MMM Global chapter, MMM South Africa. Whereas MMM Global have remained silent in response to the [Continue reading…]
Back in September 2015 we reported on South Africa’s National Consumer Commission and Specialised Commercial Crimes Unit conducting an investigation into WorldVentures. Now, rumblings out of South Africa that the NCC have concluded their investigation – with an announcement expected early next week.
A year ago World Ventures lost their Norway appeal, which saw the ruling that World Ventures is a pyramid scheme upheld. Six months later Steinar Husby, WorldVentures’ “official spokesperson” in Norway, told local media that the company was going to sue Norwegian authorities. That was June 2015 but to date no legal action on behalf [Continue reading…]