In the literal sense of the word, no, World Financial Group is not a scam. JoyMain: $1.49 billion And it just doesnt make any sense if what youre looking for is a work-from-home opportunity. If they cant, then they have to buy the products themselves. After four years in business school and working for multinational clients, Jomar believes he can improve the world through his writings. They always need new members so never run dry. They invest the funds gotten from the registration fees , invest in crypto or stock and payback. Aside from those, they also have an affiliate program where people can earn money by selling their products, and in the process, receiving commissions. However, most people are either too scared to do this or would much rather have someone else handle all this work for them. As youre probably aware by now, my background is in Financial Services, so this review certainly piqued my interest. Reviews like yours help to clarify things out. This is why 90% of people end up losing money. The financial freedom topic is a sensitive one, and its usually the one that intrigues nearly everyone. Same here! I'll expand more on the rpodcuts further down in this review but FES offers many different financial, insurance and credit products like: credit builder, Lifelock, life insurance, discount shopping and more. This is the case with all MLM's. Send Out Cards offers you 3 main ways to earn money as a member: Yes, I know. UniTrust Financial Group Review: Fair & Balanced - David Duford if FES by the 8th month doesnt remove all, they gove you your money back. I may earn a commission on any link you click on this site, at no extra cost to you. Required fields are marked *. The loans are categorized into three categories: Shishu, Kishore, and Tarun, based on the amount of loan . The Commission accused the defendants of violating the FTC Act, the Credit Repair Organizations Act, and the Telemarketing Sales Rule by offering bogus credit repair services and operating a pyramid scheme.. A pyramid scheme is a fraudulent investment strategy, deemed illegal in the United States. If you answered yes, it would be my pleasure to introduce you to and welcome you inside the platform that equipped me with all the training, tools, and support to innovate and prosper within this promising industry. What Is Financial Education Services All About? Times have changed a lot since then, and nowadays, you can comfortably earn a decent amount by doing things youre passionate about. This isn't health insurance and this isn't so you can see a doctor face to face. The focus of our company is to provide households with information, tools, and strategies to help them make good and informed . Anyway, I think its good that you have exposed them. Pyramid Schemes | Investor.gov In the classic "pyramid" scheme, participants attempt to make money solely by recruiting new participants, usually where: The promoter promises a high return in a short period of time; The primary emphasis is on recruiting new participants.