hmmm nobody hear of WorldVenture?
I just went for one of their talks. They strike me as a scam too but tbh, they are quite different from the old scams. They do not offer free gifts, they do not force u to sign agreement on that same day, they have celebrities (mine was gurmit singh & lin ming lun) and their membership fees is much much lower than others ($400+). However, they have annual subscription fees and some very strange and confusing payment/reward structure. Seems like using some "if you can't convince them, confuse them" method. I have yet signed up and doubt i will because the overall pitch is similar to the other scams. The sales pitch sounds more like he is interested to get downlines so that he can earn commission than the actual travel goods. And last thing the salesperson (my fren's director) said was "we are not making u sign anything today BUT if u r late, u'll miss the SUPERSTAR in the upline". In writing essay, we know the conclusion paragraph is the most impt one lor...and he chose to conclude it this way instead of talking abt his product. Obviously shows where his priority lies.
And their hierachical structure (becoming director) also freaks me out. If you are in the upline, then yes, u can earn alot from downline. They keep stressing that it is a "new" biz here and we are pioneers (trying to tell u if u join now, u'll earn alot). Sooner or later, you'll run out of pple to sell in this small sg lor. Furthermore, ur Director or Superior might not even be more competent than u, he is a Director just because he was there first.
I remember he also said it's onlly $400 subscription and u can opt out anytime. If it's really a scam, so be it since only $400. I did not see the contract so I cannot confirm if it is really that easy to opt out. I had read many stories on MLMs/Timeshare/Pyramid/Ponzi/etc and i have a feeling the contract will not be as easy as he seem to suggest. And i'd read about other scams where the annual fees can be increased as and when they like and you can't do anything abt it.
As for the travel package they are "selling", not very certain how good it is but they promise refund++ if u are not satisfied. I seriously doubt it is that easy to get a refund having seen other similar schemes. I'm thinking it might not be easy to book the travels too esp if more n more pple are in this later. Furthermore the packages might be in some ulu places or during some ulu timing and end up you can not utilise it. If they suddenly decrease their offerings, there's also ntg u can do.
Last but not least....the person who called me to go was a childhood fren/cousin. We din contact for mths suddenly he called to catchup. He was v dodgy initially until the time was near then he suddenly said, "actually i called u up coz...blah blah blah". Later i told him if he wants to try to sell this to his friends, i'm sure they'll appreciate if u tell them upfront about it rather then use the old way scammers love to use, ie, to catchup. Somehow he seem to be brainwashed to do it this way apparently it shows that there is stg to hide.
This WorldVenture actually strikes me as a Timeshare+Ponzi+MLM altogether in one.
Most important thing is to look at the contract you'll be signing.....
