World Ventures

Seacret Direct signing WorldVentures affiliates, failed merger?

A cloud of uncertainty remains hanging over the announced WorldVentures and Seacret Direct merger. In the meantime, WorldVentures has sent out an email to its affiliates containing an interesting “commission clarification” clause. Last we reported Seacret Direct’s acquisition of WorldVentures appeared to be on the rocks. That was on December 11th and, at least as […]

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Did Seacret Direct’s acquisition of WorldVentures fall through?

It is increasingly appearing that Seacret Direct’s acquisition of WorldVentures has fallen through. To recap, WorldVentures confirmed the acquisition mid November. As part of their announcement, WV President Eddie Head stated that more details will be released over the coming weeks. That has not happened, at least not publicly. Shortly after the acquisition confirmation, WorldVentures

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WorldVentures “circling the drain”, lays off 50%+ staff

With international travel at a stand-still in many countries, it figures the MLM travel niche has taken a battering. Rumored to already be in financial trouble, WorldVentures appears to be on its last legs. Citing “rumors circulating about the company”, on November 3rd WorldVentures COO Michael Poates sent out an email advising of a “town

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WorldVentures’ revenue “decimated”, CEO resigns

Legal correspondence between attorneys alleges WorldVentures’ revenue has been “decimated”. The leaked email correspondence pertains to a Texas District court case, which WorldVentures is defending. The April 6th dated email reads as follows: As you are aware, we are now amid a global pandemic arising from the outbreak of … the disease COVID-19. Dallas County,

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WorldVentures RICO pyramid arbitration fails, case reopened

Our last update on Melody Yiru’s lawsuit against WorldVentures noted a September 2018 order compelling arbitration. In an October 11th order, Yiru and WorldVentures filed a joint-motion requesting the case be reopened. It appears after a year arbitration between the parties has failed. Details of the arbitration proceedings are not made public in the joint-motion.

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WorldVentures v. Mavie trial showdown scheduled for Dec 2nd

A September 11th court order has scheduled the WorldVentures v. Mavie lawsuit trial for December 2nd, 2019. The day after the order co-defendant Ariix filed a motion requesting a reset of the trial date. Ariix claims it’s holding a distributor event in Thailand between December 4th and 11th. Key Ariix executives, including CEO Fred Cooper,

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Prosecutors file WorldVentures pyramid scheme charges in Taiwan

Prosecutors in Taiwan have filed criminal charges against WorldVentures’ owners, alleging the company operates as a “classic pyramid scheme”. Prosecutors have filed charges against Kenneth Edward Head (aka Eddie Head) and Jonathon Starks McKillip. Eddie Head is WorldVentures’ President and Chief Strategy Officer. Jon McKillip was President of Global Sales up until December 2017. Filed

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