Prosecutors in Taiwan have filed legal costs towards WorldVentures’ house owners, alleging the corporate operates as a “basic pyramid scheme”.
Prosecutors have filed costs towards Kenneth Edward Head (aka Eddie Head) and Jonathon Starks McKillip.
Eddie Head is WorldVentures’ President and Chief Technique Officer. Jon McKillip was President of World Gross sales up till December 2017.
Filed costs towards the pair are in relation to violations of Taiwan’s Multi-Degree Advertising Supervision Act.
At situation is WorldVentures’ enterprise mannequin, particularly a scarcity of retail gross sales.
Individuals must pay NT$8,800 (US$280.7) to hitch WorldVentures Taiwan as a fundamental member, along with a month-to-month membership charge of NT$2,000, prosecutors mentioned, including that individuals with gold, platinum and better memberships get pleasure from extra perks and advantages.
WorldVentures DreamTrips memberships can be found to retail prospects. It’s an open secret although that almost all of memberships (95% in keeping with one investigation), are bought by associates.
In keeping with a report by the Taipei Instances, as of 2018 WorldVentures had “about 1,300 members in Taiwan”.