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Old 05-07-2007, 05:32 PM   #1
Clarkey
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A couple guys I know have given me a spiel on this Worldwide Financial Group (WFG).

It has all the tell-tale signs of a pyramid scheme. Foot soldiers giving a vague pre-packaged presentation with the lure of wealth if you join. The details are sketchy and to find out more you have to go to a presentation at some hotel.

The Alberta Securities Commission, without naming names, released a warning about a scam that sounded very similar.

I wouldn't get near this thing with a 10' pole but I'm just curious if anyone on here has any first hand knowledge about it.
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Old 05-07-2007, 05:39 PM   #2
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Are they related to World Financial Group? My financial advisor works for them, no problems on my end.
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Old 05-07-2007, 05:41 PM   #3
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a 'friend' tried to rope me into it too

run away quickly and dont look back - total scam
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Old 05-07-2007, 06:08 PM   #4
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Is this the same as those guys in the parking lots who come up and irritate the hell out of people in an attempt to get them to buy a gym membership. I see them all the time one of the guys has dyed blonde hair and dyed blond eyebrows and I swear to god he looks like lucifer, or at least what I imagined Satan to look like.
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Old 05-07-2007, 06:30 PM   #5
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Its multi-level marketing at its finest.

google "wfg scam" and enjoy the multitude of hits.

and make sure to check out http://www.ripoffreport.com and search for wfg
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Old 05-08-2007, 02:48 PM   #6
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In case you missed the thread on Primerica, they are basically one and the same. My understanding is that they were a splinter off Primerica.

I know of plenty of people who've been approached by them in various capacities to "just get your insurance license" and then you to can be rich!
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Old 01-29-2008, 01:39 PM   #7
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bumping this old thread.

I've recently been aproached by an old friend from high school regarding WFG. Everything I've read indicate it is MLM or almost a total pyramid. Anyone else have any encounters/experiences they would like to share?
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Old 01-29-2008, 02:19 PM   #8
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It's like AMWAY for mutual funds...
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Old 01-29-2008, 02:25 PM   #9
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When I was 18 I was duped into a MLM scheme. I managed to get my money back out of it and it really opened my eyes. It made me become skeptical of everything until I've been able to get more facts.
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Old 01-29-2008, 02:42 PM   #10
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Has anyone ever had these clowns actually approach you in a restaurant?

I was eating at Earl's with my gf once and this dude walks up to my table and asks if I wanted some information about World Financial Group.

WTF? Really? No, I dont want information about WFG, I want the Soup of the Day, another beer and for you to get lost.
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