World Financial Group [WFG] review: Fraud alert 6

The World Financial Group (WFG) is really an illegal pyramid scheme. They doctored up their contract to hide the fact that they really are a pyramid. Some of their members even call WFG a legit pyramid. But, no pyramids are legal. My attorney agreed with my conclusion that WFG is a pyramid. That's OK because WFG will not exist in a few years or less. They may go under in 2013. You have to be brainwashed to work for such an organization, anyway. Greed is their motto. The previous commentator is both greedy and brainwashed. All active members of WFG are going to be destroyed forever during Armageddon. The Federal Government will get rid of the WFG. It is ironic that the prior brainwashed commentator criticized the media because the media will play a big part in the WFG's downfall.

Anonymous--former FBI Investigator

wfg have dsc which lock your money in for a long time and charges redemption fees if you want to sell your funds within 7 year. Banks do not have dsc, can sell all your funds after a month without penalty fees. Talk to both wfg agent and bank advisor, know your options and choose what's best for you. You will see the different in professionalism. Wfg agents just want your money locked in...if that's what you want, then go for it.

I applied for a medical receptionist position in my area through Craigslist. I ended up being contacted by WFG with an offer to be a personal/administrative assistance to the head of the company (apparently). I have received several emails from this person talking about trust, confidence, and sincerity. After all, I would be keeping track of his every move! I received more emails and texts but the last one really caused me to be suspicious. The grammar and punctuation were wrong for a business professional and I was told that he would contact me through email, messenger, or by text only. Very strange for someone who wants an assistant. The final straw was that he was going to have his "associate" send money to me that I was to use to conduct business for him. I responded to his email to tell him that I found the whole situation to be odd. I informed him not to send me anything because I was not officially employed by him or WFG. I knew it was all too good to be true.

The problem with WFG is that they don't maintain professional customer service standards. This is really too bad, because the IUL (their main offering) is a really valuable financial instrument. But it's not right for everyone. If you sell it to someone who is not suited to it, it's a financial disaster. But there are many people who benefit from the long term, tax free savings. It's getting a bad name because WFG is really about recruiting, selling policies fast, and using the 'markets' (friends and family) of recruits for their contacts. The training is never about follow up. There is follow up required on these policies, and that follow up lasts for the life of the owner of the policy. But there is ABSOLUTELY NO TRAINING on that, and no discussion of the seriousness of selling this item to someone who is low income. Yes to the IUL, NO to WFG.