Global Wealth Trade

Eos of the Eons

Mad Scientist
Eos of the Eons
Joined
Jul 23, 2003
Messages
13,749
My son almost got sucked into this. They go to the cult, er, sales meeting. Hear the pitch. They are then told not to say ANYTHING about it to anyone unless they come to a meeting too. They are all pumped to sell travel packages and junk jewelry to friends, family, and peers. They are told how much money other people are making.

I had to really work to get the piece of paper (sign up sheet) they sent home with him. There is a yearly fee, and then packages of jewelry to buy, etc.

So, I looked up their name on the net.
They were called Treasure Traders International before.
Before that they were Women Empowering Women.
http://www.ripoffreport.com/reports/0/142/ripoff0142437.htm

Always the same rip-off, er ringleader artists.

This has taken my city by storm. My son is the only who told me what it was about, but I've been invited to sooo many of these secret meetings, but I never go because I won't go unless I know what the heck it is about.

My son was told that these junk rings sell for like $2500 each on ebay. You have pay $1500 for one! I saw on the rip off report that they sell for much less actually.

ei. a 'gem pack' touted at TTI meetings supposedly worth $1350 sold for $45 dollars on E-Bay.
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I'm just wondering if anyone else has heard of them? My son, who is 17, almost got sucked in. Thankfully, after I showed him the websites, he threw out the sign up sheet. At first he said my negativity was expected, but the more websites I showed him, the more it got to him. I had to stick to my guns though. I showed him that each company averaged 5 years. This Global Wealth one is just gearing up, and should be toast in 3-4 years. They are selling jewelry and travel packages. They are aggressively recruiting in my son's high school.
http://bizop.ca/blog2/complaints-and-investigations/alan-kippax-on-bim.html
The aim is to become captain, which requires the recruitment of 31 other people who pay more than $1,000 each.
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I'm away for about 2 weeks, but do hope that the word can be spread about this new company of Alan Kippax's. I almost lost a family member to it, and now know what other folks around me are getting into. They will even quit their jobs to devote even more time to it, and one is back grovelling for work in this recession time. It's really quite sad.
 
They consider MLM to be small peanuts. Amway is huge here, and so is Mannatech. The "science and technology minister" of Canada is chiropractor afterall. Quackery is big business in Canada right now. We don't have the FDA here, we have Health Canada that tries to go after some of the bad ones, but even this fake Canadian Cancer Research Group http://www.ccrg.com/homepage.htm
debunked here:http://www.ratbags.com/rsoles/comment/ccrg.htm

,claiming an 80% cure rate as a legal registered charity! All we can do is get word out, but I'm going to be indisposed for a couple of weeks, or I'd write a good letter to the papers here.

There's really no illegal business here, anything goes. The politicians support it (read the links).
 
I guess that as long as they have the fig-leaf of selling products no matter how ridiculously overpriced, that they can claim that it isn't a fraud?

Caveat Emptor, eh.
Glad your son didn't get sucked in. We should all teach our kids about these scams. Perhaps the most important part of critical thinking is awareness of the predators out there and their methods. When you hear something that sounds too good to be true, you better check your wallet and make sure it's still there.

http://en.wikipedia.org/wiki/Multi-level_marketing#Legitimacy
 
I completely appreciate that you are looking out for your son. I have two sons and would definitely look out for them and look into anything they are getting involved with. It is excellent to take an active interest in your children's lives. I come from a Banking background and regardless I like to do serious due diligence on any business I get involved in.

In doing due diligence though one has to be very careful that you have gotten the facts straight. The information and companies you have done your research on are actually completely different companies that have nothing to do with Global Wealth Trade. You even talk about this company being owned by Alan Kippax who has never owned or had any involvement with Global Wealth Trade whatsoever.

Global Wealth Trade is a Canadian Designer company that in almost 5 years in operation to my knowledge has never had a member complain or make a statement about being deceived or losing money. In fact if anything it has members who make glowing recommendations about the company and what it has done for their lives. I started my own due diligence by going to see first hand what the company offers and how it works and talking to the corporate team and existing members.

For myself it has allowed me the freedom to leave that bank job, be in control of how I spend my time and the freedom to spend precious and valuable time with my young sons.

As you live in Alberta I would be happy to set you up with one of the Pastors or former RCMP officers who are members of Global Wealth Trade to show you exactly what this company does. Some of these RCMP officers come from 25 years experience in RCMP in the Fraud Investigations division and believe they did serious due diligence ahead of joining the company.

I actually suspect that your son went to see one of these other companies that your post speaks about and somehow you managed to mix those up with Global Wealth Trade.

Global Wealth Trade has actually been a program that has seen extraordinary verifiable success achieved by young people age 18 to 30 some of whom we would be delighted to introduce you too and who we are sure you son would enjoy meeting and identify with.

So once again I applaud you but if it is Global Wealth Trade you truly want to look into and do due diligence on then let me know and I can arrange a meeting so you can get all the facts and info on the company and then make fully informed decisions and statements that are in your sons best interest.
 
Reading GWT's website comp description reminds me of Cialdini's "The Science of Influence." GWT has a rather well "polished" money mining program. But who mines and who gets mined?

We learn by getting burned, it seems as the siren song of easy wealth beckons.
 
I'm quite certain there is NO company that sells junk "jewel" packages that also requires recruiting OTHER people to sell junk jewel packages under them that could be anything other than a pyramid scheme. Anyone who figures this is a "legitimate" company (not a pyramid scheme) is incredibly gullible, misinformed, and already trying to sell junk jewelry but trying to pawn there wares off as some kind of stuff from a "legitimate" company to gather people under them to make money off of.

Good luck with that, but if you are trying to tell me that this is "Global Wealth Trade" is a way to success, then you are in the wrong forum. We are skeptics here, and won't be easily duped.
 
Banker Manager said:
Global Wealth Trade is a Canadian Designer company that in almost 5 years in operation to my knowledge has never had a member complain or make a statement about being deceived or losing money. In fact if anything it has members who make glowing recommendations about the company and what it has done for their lives. I started my own due diligence by going to see first hand what the company offers and how it works and talking to the corporate team and existing members.
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Welcome to the Forum! Now the first thing that anyone learns upon joining this forum is that you need to present evidence of your assertions. If you can prove to us the GWT is an upstanding company, then great.

See the Amway TV Ad thread for an exposition of what happens when someone tries to defend a scam.

Maybe GWT isn't a scam. But if it is, you can expect to see the same thing happen here that did in the Amway TV Ad thread.
 
Almo said:
Maybe GWT isn't a scam.
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I don't think GWT is a scam in the sense of being fraudulent. Rather it's a MLM with a pyramid scheme structure and a veneer of selling something of retail value to make it legal. Like a true pyramid scheme a small number of members can expect to make more than they spend while a much larger number will not.

And like other MLMs, the people that join all expect to be in the former group.
 
No, it is just the same owners and same products. They run around under one name for a few years, then adopt another company name after dumping the old company name. They leave people more high and dry than Amway does with this tactic. This is one group that makes a ton of money by going "bankrupt" rather than pay underlings. Then start the whole thing again under a new name. Amway is looking better than these scammers!

If someone is trying to recruit you to sell treasures/jewels and things like vacation packages, then run away screaming. Heck, if you have to invest hundreds and thousands of dollars in their junk, then it's NEVER worth it to try to sell people on that deal under you! At least Amway's stuff is cheap and you won't starve trying to sell it (most of the time). Not that I'd ever join any MLM scam. But these jokers are more harmful and sneaky than Amway even.
 
Eos of the Eons said:
No, it is just the same owners and same products. They run around under one name for a few years, then adopt another company name after dumping the old company name. They leave people more high and dry than Amway does with this tactic. This is one group that makes a ton of money by going "bankrupt" rather than pay underlings. Then start the whole thing again under a new name. Amway is looking better than these scammers!

If someone is trying to recruit you to sell treasures/jewels and things like vacation packages, then run away screaming. Heck, if you have to invest hundreds and thousands of dollars in their junk, then it's NEVER worth it to try to sell people on that deal under you! At least Amway's stuff is cheap and you won't starve trying to sell it (most of the time). Not that I'd ever join any MLM scam. But these jokers are more harmful and sneaky than Amway even.
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I'm not sure that actually answered my question... eg: how would I verify that this is true? Was it determined with corporate registry? I'd like to provide documentation about this to a colleague.
 
Sorry, I don't know how to get that information. I hope you can figure out how to do it! I've put all the links that I could get in the OP. I hope they can point you in the right direction.
 
Gold/Jewelry are such a lure. My mother was sucked into a pyramid scheme called 'Gold Unlimited' that was actually busted up by the feds. She got sucked in by people recruiting at her church.

Apparently, gold and jewelry are so hard to sell that instead of opening actual storefronts and giving people actual jobs, companies instead have to recruit tons of "independent agents" to hawk jewelry for them. That makes a lot of sense. Even Wal-mart and Target sell jewelry. Instead of becoming a brand those chains sell, MLMs have to be formed to get good jewelry to the people because iduno.... those big stores collude to keep their jewelry out?

Oh well, its least its not another vitamin water, vegetable drink, or diet pill pyramid. Those sometimes actually have a product. I think the scammers use gold/jewelry because they know nobody is going to buy the crap so they don't actually have to produce much in shill goods.
 
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Might as well be another vitamin water, vegetable drink, or diet pill pyramid.

But yeah, they have less to sell and pull out before anyone can notice they aren't going to get "rich" as promised.
 
Well, obviously you have your opinions based on conjecture, and I have mine based on personal knowledge and experience, and I don't expect to be able to convince you here.


But I do want to make it clear that you are making inaccurate statements about Global Wealth Trade. If you're going to attack something, make sure not to make false connections or lie about it.


So, I looked up their name on the net.
They were called Treasure Traders International before.
Before that they were Women Empowering Women.
ripoffreport.com/reports/...off0142437.htm

Always the same rip-off, er ringleader artists.
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1) Alan Kippax has nothing to do with Global Wealth Trade. His former company was TTI, his current company is BIM - Business In Motion. I have never done anything to do with this man. And to be fair, his company may have borrowed ideas from Women Empowering Women, but I don't think he ran that one.


hey are all pumped to sell travel packages and junk jewelry to friends, family, and peers.... They are selling jewelry and travel packages.
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2) They are selling designer jewellery including watches, and will be launching sunglasses and handbags in the near future. You can get an IGI certification for any of the jewellery pieces you buy - its certainly not junk jewellery. igiworldwide.com/indexB.htm


The only travel associated with the company is a travel getaway incentive program members can qualify for. BIM - previously mentioned - DOES have travel packages.


The aim is to become captain, which requires the recruitment of 31 other people who pay more than $1,000 each.
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3) This is a feature of the BIM/TTI Compensation Plan, and has nothing to do with Global Wealth Trade's ways of making money.

4) Say Nothing as a company policy? That's again TTI or BIM. I don't know how you got your lines crossed, but you're confused here.


I don't expect there to be any proponents of network marketing here, but while you might not like the model or have your own reasons to think its a bad idea to join, it is an accepted and legal business model and not a scam. Unfortunately there are other scam companies out there that are similar, so you have to do your due diligence to discern the difference. Anyone looking at a company should make sure they understand what they're getting into. GWT happens to be one of the good ones.

Our doors are wide open and we invite you to come and sit down and take a detailed look at what we do and then be able to do proper due diligence to come to any conclusions about Global Wealth Trade. I am happy to set-up a meeting with one of our leaders in Alberta or across the world depending on where you are located to take you through our program fully and answer any and all questions you may have.
 
Banker Manager said:
I am happy to set-up a meeting with one of our leaders in Alberta or across the world depending on where you are located to take you through our program fully and answer any and all questions you may have.
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I don't doubt it. So, who IS the current owner then?
And don't say that you'll have to meet face face for that detail. If it really isn't Klippax, then you should be able to post who you think the owner is right here.
 
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