Tuesday, 25 February 2014

WorldVentures is definitely a pyramid scheme. So say the Norwegians.

I've mentioned WorldVentures several times in the past.

WorldVentures is yet another pyramid scheme basing its so-called business on the sale of holiday discount vouchers. As we've said endless times before, a discount is not a product, it's just a reduction in price of a product. Because there is no real, tangible product offered by WorldVentures it's surely fair to call it a pyramid scheme.

We're not the only ones who think this. The Norwegian Gaming Board has recently announced that following a lengthy investigation, they have evidence that WorldVentures is indeed a pyramid scheme. Their main criteria for deciding this is simple. 95% of all the money paid out to recruits is from the recruitment of other people, not from actually selling things. That's a sure sign of a pyramid scheme.

Thanks yet again to Kasey Chang for the heads-up.

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