Wealth Masters International @ BehindMLM

Earlier this year Wealth Masters International went through quite the regulatory smackdown in Norway. The charge, led by the Gaming Board of Norway, was that Wealth Masters was nothing more than a pyramid scheme. After an internal investigation, the Gaming Board found that 1. Revenues in WMI primarily come from the recruitment of members, not [Continue reading…]

A few weeks ago I received an email from someone claiming to be an insider over at Wealth Masters International. Amongst other things, the email claimed that Wealth Masters is going broke they can barley pay their bills. Behind on many invoices and vendors are threatening collection. Maybe they are not so “wealthy”. Every so [Continue reading…]

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 [Continue reading…]

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.

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 [Continue reading…]

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 [Continue reading…]

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 [Continue reading…]

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, [Continue reading…]

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 [Continue reading…]

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 [Continue reading…]