WorldVentures sues Eddie Head, RIP Seacret Direct merger
WorldVentures has filed a lawsuit against Eddie Head.
As revealed in the lawsuit, the on again off again Seacret merger is officially dead.
In their February 22nd filed lawsuit, World Ventures accuses their former President and Chief Strategy Officer of
spearheading efforts to target WorldVentures’ customers, representatives, suppliers, and distributors for a multi-level marketing business that competes directly with WorldVentures.
The unnamed rival is Seacret Direct.
As revealed by WorldVentures Eddie Head, full name Kenneth Edward Head (aka Kenneth E. Head), was was promoted to his former executive roles early 2017.
Under Head’s “leadership”, WorldVentures’ revenue precipitously dropped by approximately 80%.
WorldVentures was already in a bad place leading up to COVID-19. The global pandemic simply finished them off.
That prompted the Seacret merger proposal, which Head is alleged to have brought to the table.
Purportedly to drive additional value for its representatives and influenced by pressure from Head, WorldVentures entered into a co-marketing agreement with Seacret Direct LLC (“Seacret”), wherein WorldVentures made Seacret’s products available to its sales representatives to sell to supplement their income.
Head disparaged and blamed other executives for WorldVentures’ financial woes and commission payment delays.
He also met with Sales Representatives to pressure ownership to sell the company to Seacret.
Head later pushed WorldVentures and Seacret’s November 10, 2021 letter of intent for an asset purchase agreement with WorldVentures
This was going on throughout late 2020, with Head appearing in marketing videos as a WorldVentures executive throughout.
In their lawsuit WorldVentures drop a bombshell, revealing behind the scenes Head had been replaced.
Recognizing that Head was a failed leader and was incapable of leading sales recovery and growth, WorldVentures hired a new sales executive to improve sales and correct Head’s failures.
Although Head was not terminated at that time, the “writing was on the wall”.
When exactly Head’s replacement was hired is not disclosed. He was however fully aware of his replacement.
WorldVentures puts forth Head granted access to WorldVentures’ affiliate database as part of an employment deal.
Head, knowing that it would be difficult to find new employment due to his pending criminal indictment in Taiwan, began to systematically enable Seacret to access WorldVentures’ valuable database of sales representatives, members, and employees and to establish and launch a competing membership-based travel business, only to become its leader.
Prosecutors in Taiwan filed criminal charges against Head in late 2019. The charges stem from Head’s role as an executive for WorldVentures, which they claim is a “classic pyramid scheme”.
WorldVentures hanging Head’s pending indictment for working for their company over him is just… mwah, *chef’s kiss* delicious.
Head’s scheme further endangered WorldVentures’ financial position, while simultaneously strengthening his own.
Worse, Head did so through subterfuge and deceit. Cloaked as a way to add additional value to WorldVentures and as a prelude to an asset sale, Head manipulated WorldVentures into replacing its co-marketing agreement with Seacret with a limited solicitation agreement on far less favorable terms.
Through that agreement, Seacret obtained access to WorldVentures’ database containing the identities and key metrics of WorldVentures’ sales representatives and customers and a right to solicit those sales representatives to join Seacret’s downline organization.
Even before that agreement was signed, Head engaged in surreptitious meetings with some of WorldVentures’ most successful sales representatives, ostensibly laying the groundwork for his jump to Seacret and the active recruitment of WorldVentures’ sales representatives and customers.
Ever since it emerged Seacret was gobbling up WorldVentures executive and promoters we’ve been wondering what was going on.
Now we finally have an answer.
While Seacret had no historical presence in the travel industry, that all changed almost immediately after Seacret named Head as its worldwide President and Chief Business Development Officer for a new membership-based travel business in January 2021.
It is, of course, no coincidence that Head contemporaneously tendered his resignation as WorldVentures’ president and began appearing in videos with Seacret’s founder, as well as WorldVentures’ sales representatives, and WorldVentures’ former director of training to promote Seacret’s new travel program.
Head simultaneously ran WorldVentures’ business into bankruptcy while facilitating Seacret’s takeover of WorldVentures’ business.
For their part, Seacret Direct don’t seem fazed about Head’s criminal indictment or role in WorldVentures’ own pyramid collapsing.
That Seacret’s new foray into the travel industry is merely a cut-and-paste of WorldVentures’ travel program is beyond cavil.
As Seacret’s founder admitted in a video with Head by his side: Seacret is “tak[ing] one of the unique travel experiences in the world [i.e., WorldVentures’ travel experience] and implement[ing] the program over here at Seacret.”
It is also beyond refute that Head is leading Seacret’s implementation of WorldVentures’ travel program.
Seacret’s founder publically commended “what Eddie [Head] has done putting together this [travel] program with [Seacret’s] vendors.”
Unsurprisingly, Seacret’s travel vendors are really vendors of WorldVentures.
WorldVentures naturally isn’t happy about this, and so in their lawsuit claim;
By leading the effort to implement WorldVentures membership-based travel program at Seacret, Head has breached his confidentiality, non-compete, and fiduciary obligations to WorldVentures.
Head also breached those covenants and obligations by leading Seacret’s efforts to solicit WorldVentures’ sales representatives, customers, members, vendors, and suppliers in a competing business.
In a nutshell Seacret Direct gained access to WorldVentures affiliates and the inner-workings of their travel platform through a proposed Nov 2021 acquisition.
That fell through and so Eddie Head jumped ship and began setting up WorldVentures within Seacret Direct, complete with access to their affiliates and merchant partners.
WorldVentures is suing Head for breach of contract and breach of fiduciary duty. They are also seeking an injunction.
Seacret Direct is not a named defendant in the lawsuit. Whether WorldVentures intends to go after Seacret Direct is unclear.
WorldVentures’ lawsuit against Head has been filed as an adversary proceeding alongside their bankruptcy proceedings.
Stay tuned for updates as we continue to track the case.
Update 5th April 2021 – A four-day trial has been scheduled for June 28th. This is in regards to WorldVenture’s original complaint against Head.
I believe this means we aren’t going to get a preliminary injunction ruling before then, meaning the TRO stays in place till the June trial.
Update 14th April 2021 – WorldVentures has secured a preliminary injunction against Eddie Head.
This whole deal was dirty right from the beginning. Why are we surprised?
The corporate team of WV along with many of the top leaders are complicit in this debacle because of their unethical behavior.
The fact that some continue to profess their faith in Jesus while perpetuating the duplicity is beyond me.
You either stand with the truth or you don’t.
WorldVentures has been run like a fraternity party. It’s a great time for awhile.
While the beer (money) is flowing, everyone’s having a good time. Eventually, the party’s over when the keg is kicked!
No surprises here. Eddie Head lucked into a glorified position he never deserves or earned in the first place by betraying WorldVentures first President and Co-Founder Robert Oblon.
Eddie was the manager at a Guitar Center and a so-so web designer at best.
He, like so many others, became too full of themselves and forgot what direct selling is supposed to be.
WorldVentures has been a true pyramid for the last decade and only because of training events did they actually survive all this time.
Every dog has his day and now Seacret will learn the truth about liars and thieves.
So I have a few questions about WV going after Eddie.
1) Why didn’t they go after Acetta? Call? Santos and more importantly Secret directly?
2) I read one of the reply briefs just posted and it appears to be a plan for certain WV employees moving over to Seacret. Emails from WV (Nugent & Hayes) that contradict WV’s initial complaint.
3) you could feel WV emotion in their initial filing with the comments made about Eddie, not very Christian or even professional — especially for such a long-term employee that helped you make millions upon millions. They blame him for everything, except that darn FLYE card.
Now, if I was a betting person I think this went down. Wayne thinks the business is unrecoverable with COVID and debt. Makes deal with Secret and WV executives (Head, Hayes, etc.) because they are all yes men.
Now, Wayne realizes what a bad decision he’s made when in bankruptcy when fools suddenly appear willing to resuscitate WV/Rovia and this is his attempt to undo everything and blame Eddie.
OR this was all planned with Secret buying WV/Rovia after bankruptcy (hence the residual royalties from WV reps doing Secret sales – from latest brief filed) but, there is a higher bidder (bigger fool) and someone has to take the fall. Just a few thoughts 🙂
I think we will all benefit from much entertainment when this all unfolds.
I have been an avid watcher (with Popcorn) of WV since I ‘met’ Dan Stammen at an car meet in Dallas a few years ago – while I can’t say everyone knows everyone, the exotic car community is fairly tight knit.
He showed up and all these people were Hero Worshipping him and I am thinking WTF is this Guy! But Never mind him I guess I wonder why everyone loves the Creepy Jesus wannabe.
WV continues to provide endless entertainment…..
Seacret Direct stated:
Uh, why not? There’s no legal rule preventing non-parties discussing lawsuits.
I personally am failing to see any restraint on Seacret’s part to comment on the legal specifics. Everything after that statement is a comment on the legal specifics, FFS. My (rhetorical) question would be why did they make such an asinine statement in the first place?
“We really can’t comment. Now, here’s a list of our comments.”
The WV article spiked in traffic a few days ago (6000+ views). Given all the Seacret fluff that’s been popping up on BFH since late last year I figure Seacret felt they needed to put something out.
What’s the point of paying BFH for “positive” marketing if everyone’s reading your dirty laundry here?
BFH didn’t run the WorldVentures legal complaint story because
At one time WV articles were pretty common on BFH so they were likely a client in the past. That’s long over though.
All planned ahead. Everyone moved from Europe to.
They keep people for idiots. That is why adequate leaders moved out.
And why Taiwan?
Taiwan went after WorldVentures for being a pyramid scheme. Was the fallout of the “success” WorldVentures had prior to 2017.
Basically recruitment collapsed, victims in Taiwan (and I’m sure elsewhere) complained to authorities, they went after ringleaders and the executives that traveled over.
Needless to say Eddie Head, even if he’s indicted, won’t be returning to Taiwan to face the music any time soon.
BREAKING NEWS !! Wayne Nugent sues himself on the grounds that there is noone else left to Sue.
Close sources state that Nugent is currently consulting with his legal team to determine if they have a plausible case to sue God.
There is a Secret offer to buy WV in the bankruptcy cloudy.
BFH = Business For Home, Ted Nuyten’s website.
Well Seacret’s cloned WorldVentures travel portal now has a name, Club Seacret.
Well, I would hardly say a SaveOn site is a clone of the WorldVentures site since many other companies used it before Worldventures was forced to.
Even 9 years ago, Mike Azcue brilliantly proclaimed in a multi-trillion dollar industry (travel), there is plenty of room for others (youtu.be/Iq_oAjzF8xY).
It just seems everyone is focused on the same adherent, and no one is doing anything new in this next round of travel-MLMs.
World Ventures is dead in the water. The “loyal” reps took their show to Seacret. Who knows.
Maybe Wayne is part of this plot to make it look like World Ventures and Seacret are fighting when the real story is that World Ventures is about to file Chapter 7.
Wayne and Company will leave their creditors holding the bag. They will step into Seacret as “reps” and all hit the top ranks in record fashion.
Let’s face it. They have already done this.
The scummy World Ventures reps who moved over to Seacret bought into this lie, and they have convinced themselves that they are on a mission from God.
Their phony brand of Christianity makes a mockery of the Christian faith.
These people of faith knew that WV was corrupt. They continued to sell this corrupt business out of a false sense of loyalty which is nothing more than idolatry.
They held prayer meetings while knowing that the company they supported and prayed for was fraught with lies, deception, corruption, and immorality.
They VICIOUSLY attacked and sued leaders who left for other companies because they weren’t getting paid.
(Ozedit: derails removed)
World Ventures used to believe “Our truth is enough.” If that’s true, why did they not disclose the TRUTH about their financial difficulties back in 2017 when they were unable to pay people.
Why did they continue to promote the Flye card when they knew the TRUTH that the Flye card was a failure?
I really don’t understand how anyone with integrity can align himself/herself with anything associated with World Ventures.
Bamn! The other lawsuit drops. WV/Spherature v. Seacret Direct
Thanks for that Mershu. Looks like I’m going to have a busy day!
Doh! WV filed on March 5th and Pacer isn’t going to update till Monday.
I’ll have an article up on Monday sometime after the case appears.
edit: Nevermind, that Stretto link has a copy of the complaint. Back to work.
Looks like the “One Big Team” have bailed on Wayne. These top leaders who are now promoting Seacret have revealed their true character or lack thereof.
They promoted a toxic business plan (World Ventures) when they knew it was toxic. They stood by and defended corporate leadership. They attacked those who left via their social media platforms. They viciously attacked people who left because they weren’t getting paid.
Imagine the audacity of someone walking away because he/she wasn’t being compensated. And now, they are promoting this new Seacret venture as if it was done with the blessing of Wayne and World Ventures.
Hello everyone, this is very interesting, please keep writing about the results of the lawsuit.
Seacretdirect has good reputation and from what I heard they have the club seacret now but it is not mandatory for everyone to participate. They have a choice of just selling products.
I think if World Ventures merged or were bought I have no idea, but in any case they have to abide seacret direct rules now.
I do not know who this Eddie guy people are talking about, it is going to be interesting to watch what is goin to happen next.
As far as people mentioning God, they can have anything that they can call God. I think they should leave God out of their business.
Eddie Head is the former President and Chief Strategy Officer for WorldVentures. He’s the long-haired guy pictured above.
He is alleged to have gone from brokering some kind of deal between WorldVentures and Seacret to bailing on the former to set up a competing travel offering in the latter.
WorldVentures is accusing Head and Seacret of intellectual property theft and of acting in bad faith.
For more information and backstory, scroll to the top of this page and tap the “World Ventures” link just below the title; it’ll take you to a list of articles in reverse chronological order.
If you want to start at the beginning of the timeline, scroll down to the bottom of each list of articles and click “older entries” until you reach the oldest one.
I hope you have plenty of time (and popcorn).
What I can’t get over is the hypocrisy of the WV “leadership” that secretly escaped TO SEACRET and pretended to let their downline be in the KNOW.
It was shady from the get go, heck 2017 at Earliest for and I can name nearly a dozen IMDs and NMDs that are RELYING on LOTIONS AND POTIONS when all of that was just a HUGE JOKE when THEY HAD THE DEAL!
They trained us on business, life, and personal relationships and interesting that not only did they shady away from WV keeping secrets from everyone but their personal life, and business relationships are in SHAMBLES…. not anyone I’d ever look up to again.
YOU BUY THEIR OPINION YOU BUY THERE LIFESTYLE…ever heard that? Who’s lifestyle are you buying because I Definitely don’t want their BROKEN LIFESTYLES.