- Report: #336999
Complaint Review: World Financial Group
| World Financial Group Paces Ferry Rd
Nationwide U.S.A. |
|
World Financial Group LEGAL PYRAMID SYSTEM...IN OTHER WORDS AND MLM ATLANTA GEORGIA
*General Comment: Be Aware ... "it's a PYRAMID SCHEME"
*UPDATE EX-employee responds: It's a Pyramid
*UPDATE Employee: Don't be fooled
Does your business have a bad reputation?
Fix it the right way.
Corporate Advocacy Program™
John mandia
Mableton, Georgia
U.S.A.
This report was posted on Ripoff Report on 06/04/2008 08:28 AM and is a permanent record located here: http://www.ripoffreport.com/r/World-Financial-Group/nationwide/World-Financial-Group-LEGAL-PYRAMID-SYSTEMIN-OTHER-WORDS-AND-MLM-ATLANTA-GEORGIA-336999. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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Search Tips#1 General Comment
Be Aware ... "it's a PYRAMID SCHEME"
AUTHOR: Sheena - (U.S.A.)
SUBMITTED: Thursday, July 21, 2011
I had a co-worker try to get me involved with this company a few years back and I just laughed at him. He didn't "get it" .... that I/my family manage our financials just fine and don't need his supposedly "get rich quick" SCHEME.
BE AWARE: If it sounds to good to be true it probably is.
Best of luck.
#2 UPDATE EX-employee responds
It's a Pyramid
AUTHOR: Benefit of the doubt until you blow - (USA)
SUBMITTED: Sunday, May 22, 2011
If that isn't enough, I have more.
My husband decided to go with this company, like I said, because he knew someone doing it. This person talked my husband into it. After signing up with the company and paying ~$100 (what employer makes you pay to work?), rather than anyone teaching him the ins and outs of insurance or how to sell insurance or really anything that had to do with insurance - he was given books and lessons on how to sell the WFG business plan and sign up new recruits. My husband wasn't licensed at the time, but we're in a state where you can get a temporary license without any classes so you can work until you can take the classes. Of course WFG didn't mention this, my husband learned this months later after he had his permanent license. My point is, the company can't use the excuse that they didn't put my husband in any position to actually provide services because of licensing.
My husband says WFG did sign him up for his licensing class and he received a discount on the class by being with WFG - but I think the $100 he had to pay WFG cancels that discount out.
WFG, needless to say, was a lost cause when it came to sustaining a viable income without many recruits underneath him, so my husband stopped participating.
Luckily, my husband did find an actual "real deal" insurance company, who trained him in insurance - how it works, the different plan options, how to sell it, etc. - and got him licensed in multiple states. At no point when he was there was he asked to find someone to bring in under him.
Don't be fooled's comments about how maybe it's just not for you if it didn't work out for you and about how WFG is a spectucular company, etc. I guess are in some ways right. If you're not good at suckering your friends, it's not for you.
My husband, after being at the one insurance company for about a year and wanting to spend more time with the family, decided to work on his own from home. He - on his own - makes more in a day than he did after a month at WFG. My point being that the industry is for my husband - WFG and their Ponzi scheme are not.
#3 UPDATE Employee
Don't be fooled
AUTHOR: dontbelieveeverythingyouread - (United States of America)
SUBMITTED: Friday, May 20, 2011

