WorldVentures President Ridicules Distributors, Pushes DreamTrips Brand in Keynote

By | 2018-05-31T04:57:11+00:00 May 29th, 2018|Categories: MLM News, WorldVentures|

After a difficult 2017 in which WorldVentures was slammed with a class-action lawsuit alleging that the company is a pyramid scheme, President and Chief Strategy Officer Eddie Head gave an unhinged speech at the company’s annual United conference mocking his distributors [13:40] and pushing the DreamTrips brand. He also announced the launch of DreamTrips Local which includes deals for vacations within the United States.

Earlier this month, WorldVentures launched a redesigned, and it appears that the company is taking steps to move away from the WorldVentures name. This might be the best course of action for the company considering it was banned in Norway in 2014 after a judge concluded the company was a pyramid scheme and they are currently trying to fight another similar lawsuit in the U.S.

Founded in 2005 by Wayne Nugent, WorldVentures expanded quickly to 34 markets across the world in 13 years. In 2016, the company disclosed it had annual revenue of $926 million. However, it’s clear that the company has been struggling over the past year, even to the point of not disclosing it’s 2017 revenue.

You can see Eddie Head’s full keynote below.

One Comment

  1. Rob July 16, 2018 at 12:43 pm - Reply

    What an asshole.
    He is one of the biggest reasons this company is going broke.
    Numerous C level officers have begged Nugent to get rid of this idiot, but no.
    This scam company hasn’t paid their reps since September of 2017. No commissions, residuals or dream car/house payments. They haven’t paid their vendors either, so the trips they offer are hit and miss at best (you may arrive at your destination only to find that the room reservation confirmed by WV is not being honored because WV hasn’t been paying the hotel for months. Same with attractions and other tours. Cancelled without any explanation and no refund).
    Double IMDs (the highest, biggest money makers in the corporation) leaving….who would do that if WV was actually paying the commissions owed? Go to Glassdoor to see what corporate employees are saying…massive monthly layoffs. Open talk of bankruptcy. C level officers fleeing after seeing the true financials. No cash reserves or cash on hand. Nugent only able to make corporate payroll by paying out of his own pocket. WV is so broke that they can no longer afford the Get 4 and Pay No More plan and had to cancel it in April of 2018. The Flye card disaster that wasted over $100 million…and the card still doesn’t work and is not able to be offered to the general public. The China scam, losing WV millions. The Empower fiasco, which threw ALL THE WV REPS under the bus, when corporate offer ex-Empower people platinum plans for $99 plus the monthly fee, while forcing the reps to sell the same membership at $399 plus monthly. So the top guys made all the money. Who are the top guys? Why, it’s the top guys in the corporation….Nugent on the right and Azcue on the left…..WHAT A CONFLICT OF INTERST.

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