Scam Alert! - WorldVentures Is Not Licensed to Operate in Jamaica
Laura Wards, director of global marketing and communication for WorldVentures Holdings, told The Gleaner: "If you have a name or contact details of anyone promoting and/or selling our products in Jamaica, please be so kind as to forward that information to me so our compliance team can follow up with that rep (or reps)."
She also added: "Per our policies and procedures, independent representatives are not permitted to be active in countries in which WorldVentures is not open. So there should not be any activity in Jamaica at this time."
The Financial Services Commission (FSC), a local regulatory body, is probing the operation of the scheme locally and has already warned Jamaicans to be wary of those offering easy cash through WorldVentures.
The regulatory body told The Gleaner: “The FSC has received information that individuals purporting to solicit business on behalf of WorldVentures are operating in Jamaica, and our investigations into the activities of these individuals in Jamaica is ongoing.”
They also said: “WorldVentures is not licensed by the Financial Services Commission to conduct securities business in Jamaica."
Click here for more information on The Gleaner’s website.
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