Back in February 2014, the Norwegian Gaming Board ruled
World Ventures was an illegal pyramid scheme
.
World Ventures
filed an appeal
, which they lost later that year in November.
Within a month World Ventures ceased operating in Norway. Some Norwegian-based affiliates however
continue to market World Ventures
internationally.
The next move by World Ventures saw the company file for an injunction against the Norwegian Gaming Board, which was
denied
in early 2015.
In June 2015 a World Ventures affiliate claimed the company was going to
sue the Norwegian government
.
In February of this year news broke that World Ventures was
suing the Norwegian Ministry of Culture
.
A decision on the lawsuit was reached a few days ago…
In their lawsuit, World Ventures sought to have the Gaming Board’s original conclusion “invalidated”.
World Ventures claimed the conclusion was ‘
based on errors of law, errors and incomplete facts of the case and an unjust assessment of the business.
‘
Upon hearing the case, the Oslo District Court ruled that World Ventures’ revenue was generated from recruitment of affiliates ‘
and not from the consumption or sale of goods, services or any other arrangement
‘.
The court concluded therefore that World Ventures in Norway looked much like a pyramid scheme at the time the Gaming Board made its decision.
World Ventures lawsuit against the Ministry of Culture was
dismissed
and the company has been ordered to pay 327,000 kr in costs ($40,551 USD).
World Ventures now has a month to appeal the decision.
Given how many appeals World Ventures has already lost though, perhaps they’d be better off just accepting
paying affiliates to recruit new affiliates
constitutes a pyramid scheme.
🤖 Quick Answer
What was the Norwegian Gaming Board's ruling on World Ventures in February 2014?The Norwegian Gaming Board classified World Ventures as an illegal pyramid scheme in February 2014, marking the beginning of regulatory action against the company in the country.
What happened after World Ventures filed an appeal against the ruling?
World Ventures lost its appeal in November 2014. Subsequently, the company ceased operations in Norway within one month, though some Norwegian-based affiliates continued marketing it internationally.
What legal action did World Ventures take against Norwegian authorities?
World Ventures filed for an injunction against the Norwegian Gaming Board, which was denied in early 2015. The company later filed a lawsuit against the Norwegian Ministry of Culture in February 2016.
🔗 Related Articles
- Did Talk Fusion pay off affiliates who made pyramid allegations?
- Fourth BitConnect class-action lawsuit filed in Minnesota
- Ariix counterclaim alleges WorldVentures in severe downward spiral
- FTC sues Bob Shafer, Samuel Smith & Charles Garis for fraud
- FTC sues Allied Wallet for assisting scams with stealing $110 million
