Originally Posted by Happy WorldVentures Rep on http://www.scam.com/showpost.php?p=834345&postcount=2459
"Yes, the presentation focuses on recruiting customers/reps because they have to show you what MOST people do, which is become both."
As indicated in FTC v. Five Star Auto Club, No. Civ-99-1693, 2000 U.S. Dist. LEXIS 10548 (S.D.N.Y. 2000) and FTC v. Equinox Int'l. Corp., No. CV-S-99-0969-JBR, 1999 U.S. Dist. LEXIS 19866 (D. Nev. 1999), the FTC continues to consider a purported MLM in which most of the products are sold to the "distributors" rather than "retail customers" an illegal pyramid scheme. Id. ("Retail Sales do not include sales made by participants in a prohibited marketing scheme or multi-level marketing program to other participants or recruits in that scheme or program or to such a participants' own accounts").
"Yes, the presentation focuses on recruiting customers/reps because they have to show you what MOST people do, which is become both."
As indicated in FTC v. Five Star Auto Club, No. Civ-99-1693, 2000 U.S. Dist. LEXIS 10548 (S.D.N.Y. 2000) and FTC v. Equinox Int'l. Corp., No. CV-S-99-0969-JBR, 1999 U.S. Dist. LEXIS 19866 (D. Nev. 1999), the FTC continues to consider a purported MLM in which most of the products are sold to the "distributors" rather than "retail customers" an illegal pyramid scheme. Id. ("Retail Sales do not include sales made by participants in a prohibited marketing scheme or multi-level marketing program to other participants or recruits in that scheme or program or to such a participants' own accounts").
WARNING::::U.S. News and World Report has an article warning people that WorldVentures is a thinly disguised PYRAMID SCHEME! Check the #4 bullet point on the article about WorldVentures:
ReplyDeletehttp://money.usnews.com/money/personal-finance/mutual-funds/articles/2014/10/23/beware-of-these-10-scary-investments
WorldVentures has 34 complaints to the U.S. Federal Trade Commission! Read them here, starting on page 262:
http://www.mlm-thetruth.com/files/6914/0536/0181/Complaints2FTC-reMLM-2013-7-14-14.pdf
This was loveely to read
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