ScamTelegraph has learned that Per Gunnar Hoem, a top consultant for Wealth Masters International (WMI), continued promoting the company in Norway despite a national ban by the Gaming Board in December 2010. The board explicitly prohibited all WMI operations, yet Hoem received company awards for his ongoing sales efforts.
The Norwegian Gaming Board concluded a lengthy investigation in December 2010, ruling that Wealth Masters International operated as an illegal pyramid scheme. Consequently, the board issued an immediate order for WMI to cease all operations within the country. The directive was unequivocal: no individual or entity in Norway could legally establish, operate, participate in, or promote WMI. Non-compliance, the board warned, would result in penalties and fines.
WMI subsequently filed an appeal against the Gaming Board's decision. However, the appeal was rejected in March 2011, with the board reconfirming its original finding. It explicitly stated that WMI constituted a "pyramid-like sales system" and mandated the cessation of all product sales. This ruling was intended to mark the definitive end of WMI's activities in Norway.
Despite this clear directive, Per Gunnar Hoem, identified as WMI's leading consultant in Norway, reportedly continued his promotional activities for the scheme. His efforts even garnered corporate recognition. In March 2011, merely weeks after WMI's appeal was denied, Hoem received two GOLD awards for achieving top M1 and mPower sales. The following month, he secured another GOLD award for top mPower sales across the entire company.
This continued activity presents a direct challenge to the Gaming Board's decree, which applied universally to all WMI members in Norway without exception. The board's order explicitly required every Norwegian WMI member to cease operations, irrespective of whether sales were directed towards international customers. Hoem's ongoing promotion, sales, and subsequent recognition from WMI's corporate structure occurred in direct violation of a government order.
The contradiction is stark. A national government body unequivocally identified WMI as an illegal pyramid scheme and banned its operations. Yet, an individual prominently positioned within that scheme's Norwegian structure reportedly persisted in activities expressly forbidden, seemingly without immediate consequence. The Gaming Board had warned of "penalties or fines" for non-compliance, raising questions about the enforcement of these regulations in Hoem's case.
Who is Per Gunnar Hoem and what is his connection to WMI in Norway?
Per Gunnar Hoem is a top WMI distributor in Norway who reportedly continued promoting Wealth Masters International despite the Norwegian Gaming Board's 2010 ban classifying it as an illegal pyramid scheme. He remained actively involved in the company's operations and promotion following the official shutdown order.
Why did Norway's Gaming Board ban Wealth Masters International?
Norway's Gaming Board banned WMI in December 2010 after determining it operated as an illegal pyramid scheme. The decision followed an extensive investigation which found the compensation structure was pyramid-like, involving primarily recruitment-based earnings rather than legitimate product sales.
What penalties did Norway impose on WMI operators?
Norway's Gaming Board prohibited all legal creation, operation, participation, and promotion of WMI within the country. The board explicitly stated that violators would face penalties and fines for non-compliance with the ban.