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Learning, Sharing, and Teaching => Taxes => Topic started by: SOS on August 04, 2017, 06:17:24 PM

Title: World Financial Group
Post by: SOS on August 04, 2017, 06:17:24 PM: Hello to all,

Does anyone have any experience with World Financial Group? My friend signed up to become an agent.

Andy
Title: Re: World Financial Group
Post by: marty998 on August 04, 2017, 06:25:11 PM: A very quick google search reveals it to be a multi-level-marketing group.

Google then also goes onto say related searches include "world financial group complaints" and "wfg lawsuit"

I think you know where this is going...
Title: Re: World Financial Group
Post by: SOS on August 05, 2017, 12:11:53 PM: Thanks.
Title: Re: World Financial Group
Post by: CupcakeGuru on August 05, 2017, 02:14:26 PM: The HQ is not far from me and I have been hit up by their "associates" multiple times in the last couple of years. Run, Run far away from them.
Title: Re: World Financial Group
Post by: KMMK on August 05, 2017, 03:00:20 PM: Yes, stay away. The associates, or whatever they are called, are breeding like Starbucks around here. I run into them everywhere. Ugh. They make potential clients wary of people like me who are trying to run a legitimate business, with actual full disclosure, real education, and fiduciary obligations etc.

If anyone doesn't tell me who they are working for, chances are it is WFG.
Title: Re: World Financial Group
Post by: the_gastropod on August 05, 2017, 03:21:00 PM: I have a friend that is a WFG "entrepreneur". This is the 3rd MLM she's joined that I'm aware of (that should give you an indication of her level of wisdom). Apparently they sell whole life insurance, and try to push it as a retirement vehicle. Stay away!
Title: Re: World Financial Group
Post by: BuffaloStache on February 15, 2018, 10:32:06 PM: Just an update on this topic; I was recently contacted by someone who was part of a new facet of this group, called "World System Builder". They have a "National Financial Literacy Campaign" that sounds harmless enough, but the more you dig into it the more it seems to be the same crap. Definitely recommend staying away.
Title: Re: World Financial Group
Post by: FredVasco on February 16, 2018, 07:37:10 AM: Sorry, only heard about them
Title: Re: World Financial Group
Post by: dycker1978 on February 16, 2018, 07:40:12 AM: WFG is a MLM selling whole life products Primerica financial services is a MLM selling term life. Stay away from both.