A class-action lawsuit that alleges WorldVentures is an illegal pyramid scheme was filed earlier this year.
This one slipped under the radar, so you’ll have to forgive the late coverage as I only found about the lawsuit yesterday.
On May 1st, 2017, Melody Yiru filed a RICO pyramid scheme lawsuit against WorldVentures.
Named defendants in the lawsuit include World Ventures, World Ventures Holdings, World Ventures Foundation, World Ventures Marketing, Michael Azcue, Wayne Nugent and Daniel Stammen.
Michael Azcue and Wayne Nugent are cited as “controlling managing-members” of the company. Daniel Stammen is cited as a “managing-member”.
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