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Accordingly, is World Financial Group a scheme?
It is an MLM. Network marketing describes how one gets customers. Pyramid schemes are illegal because there is no real product or service and people trying to get rich by just bringing in other people trying to get rich quick. WFG is an MLM because you can get paid on multiple levels of production within your business.
People also ask, what does the world financial group do?
World Financial Group (WFG) is a multi-level marketing company which sells investment, insurance, and other financial products through a network of distributors. WFG is active in the United States, Canada, and Puerto Rico. WFG is owned by Transamerica, a subsidiary of Aegon.
All you need to do is: Complete a WFG Associate Membership Agreement. Meet WFG's association qualifications. Pay an administrative fee of $100 (U.S.)/$125 (Canada)*