Search results
Results from the WOW.Com Content Network
World Financial Group offices in Johns Creek, Georgia. World Financial Group (WFG) is a multi-level marketing [4] financial and insurance services company based in Johns Creek, Georgia, a suburb of Atlanta, which sells investment, insurance, and various other financial products through a network of distributors in the United States, Canada, and Puerto Rico.
On May 20, 2010, the SEC filed a federal case against Edward A. Allen and David L. Olson, two former brokers of World Financial Group / World Group Securities, accusing them of having raised approximately $14.8 million through the offer and sale of promissory notes as part of an illegal Ponzi scheme in the States of Ohio and Florida between ...
Scams and confidence tricks are difficult to classify, because they change often and often contain elements of more than one type. Throughout this list, the perpetrator of the confidence trick is called the "con artist" or simply "artist", and the intended victim is the "mark".
Charles Ponzi, the namesake of the scheme, in 1920. A Ponzi scheme (/ ˈ p ɒ n z i /, Italian:) is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors. [1]
For premium support please call: 800-290-4726 more ways to reach us
Americans who lose money to scams are finding interesting ways to get their hard-earned dollars back. In August 2023, GOBankingRates polled 1,141 Americans about whether they were reimbursed after...
2 Scam. 3 Explanation of changes. 3 comments. 4 External references. 1 comment. 5 Incorrect data. 3 comments. 6 WFG not unlike any other MLM. 7 Problem with Article ...
In the following video from The Motley Fool's "Ask a Fool" series, our senior advisor to the Fool's Rule Your Retirement service, Robert Brokamp, takes a question from a Fool reader, who asks, "If ...