Seacret Direct @ BehindMLM

Wayne Nugent’s secret WorldVentures bankruptcy payments

The beef between WorldVentures’ current owner, Verona International Holdings, and former owner Wayne Nugent is starting to take shape. We first came across news of a potential lawsuit between Verona and Nugent a few weeks ago. An interpleader complaint, filed by Seacret Direct against Nugent, details payment issues between the parties.

FTC sends 379 MLM companies deceptive/unfair conduct notices

The FTC has issued at least 379 MLM companies with deceptive and/or unfair conduct notices. This was announced by the FTC on October 26th. If it slipped under your radar, you’re not alone. I learned of the FTC’s announcement via a tip sent in by a reader. At first I thought there was some funny [Continue reading…]

WorldVentures secures prelim injunction against Eddie Head

WorldVentures has secured a preliminary injunction against former executive Kenneth E. Head (aka Eddie Head). As alleged by WorldVentures, upon leaving the company Eddie Head essentially began replicating its travel opportunity at Seacret Direct. The granted preliminary injunction prohibits Head, who was recently appointed President of Seacret Direct, from having any involvement in Seacret’s newly [Continue reading…]

The Eddie Head defense declarations

As part of his defense against WorldVentures seeking a preliminary injunction against him, former President Eddie Head filed a declaration on March 24th. Head is joined by Byron Schrag, Izhak Ben Shabat, Matt Morris and Muzafer Najfi, who each filed separate declarations a day earlier on March 24th. Kenneth “Eddie” Head – hired by WorldVentures [Continue reading…]

WorldVentures’ collapse, as told by Seacret CEO Izhak Shabat

Izhak Ben Shabat, co-founder and CEO of Seacret Direct, has filed a lengthy declaration detailing WorldVentures’ collapse and the months leading up to it. Shabat’s declaration was filed in support of Eddie Head, who is a defendant in proceedings initiated by WorldVentures.