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.
Consumer Watchdog is a (fiercely) independent consumer rights and advocacy organisation campaigning on behalf of the consumers of Botswana, helping them to know their rights and to stand up against abuse. Contact us at watchdog@bes.bw, call us on +267 3904582 or find us on Facebook by searching for Consumer Watchdog Botswana. Everything we do for the consumers of Botswana has always been and always will be entirely free.
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