Tagged: World Ventures

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Four new settlements in WorldVentures v. MaVie lawsuit

Recent filings in the WorldVentures v. MaVie lawsuit reveal four separate settlements. According to the filings, WorldVentures has settled all claims against Abdelwadoud Barakat, his company Advanced Wellness Solutions, Daniel Audet,  Anthony Fitzgerald and...

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Tonga issues WorldVentures pyramid scheme warning

The National Reserve Bank of Tonga has issued a warning against participation in WorldVentures. WorldVentures’ business model sees the company sell travel related services to retail customers on the front-end. On the back-end, where...

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Is WorldVentures operating illegally in Brazil?

WorldVentures response to Rwanda declaring the company was an illegal pyramid scheme was certainly strange.Rather than prove it wasn’t a pyramid scheme, WorldVentures brushed off the ban by claiming it didn’t do business in Rwanda.
This caught the attention of several Brazilian WorldVentures affiliates. Because despite Brazil not appearing on WorldVentures list of authorized countries, business in Brazil is booming.
According to WorldVentures own Policies and Procedures (section 4.18);
Because of critical legal and tax considerations, WorldVentures must limit the sale of WorldVentures products and services, and the presentation of the WorldVentures business to prospective customers and Representatives located within the United States or…

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WorldVentures pyramid scheme warning issued in Rwanda

Following an internal investigation into WorldVentures by Rwandan authorities, yesterday the Rwanda Development Board issued a pyramid scheme warning to the public.The RDB’s announcement, signed off on by CEO Clare Akamanzi, states that WorldVentures is operating in Rwanda illegally.
According to the RDB, the illegality of WorldVentures in Rwanda is two-fold;
Firstly the company is not registered to do business in Rwanda, as required by law.
Yet despite this, the RDB claims to have observed
some company representatives (claiming) they have authorization from the Rwanda Development Board and other Government entities – a false claim, intended to delude the public.
Secondly, writes the RDB;
Having investigated the…

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WorldVentures granted permanent injunction against David Wood

Following on from a Temporary Restraining Order and contempt charge, WorldVentures has been granted a permanent injunction against David Wood.The Collin County Court case docket reveals WorldVentures and executives Wayne Nugent, Daniel Stammen and Josh Paine, appeared as plaintiffs at the scheduled August 27th trial.
Despite being served notice of the trial, David Wood failed to make an appearance.
After hearing  testimony from a witness, the trial proceeded.
WorldVentures and its executives were granted a permanent injunction. Wood has also been ordered to pay $21,889 in court and legal costs within 30 days.
As per recent videos on David Wood’s various YouTube channels, he’s currently…