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World financial group scam
World financial group scam













As part of the conditions of sale, Humphrey was placed on a noncompete agreement and could not compete in the insurance industry until 2013. and the original logo, which was used in his subsequent companies World Leadership Group and Hegemon Group International. Humphrey retained WMA Mortgage Services, Inc. In June 2001, select assets of WMA were purchased by AEGON and renamed World Financial Group, Inc. In 2000, WMA was fined $125,000 "for failing to report nearly 900 customer complaints". In November 1998, WMA was fined $100,000 "for not properly supervising its sales agents" after their clients lost nearly $2 million in unregistered investments. On March 23, 1998, WMA Executive World Headquarters opened in Duluth, Georgia. It was attended by about 2,000 associates. The company held its first convention in Las Vegas in 1992. The company expanded its operations to Canada, Taiwan, Mexico, Puerto Rico, Guam and the Philippines. MD TV, the company's private satellite television network, was also introduced during this period.

world financial group scam

Humphrey continued to develop the methodology in WMA. While in A.L., Humphrey created and introduced the Business Format System (BFS), a business sales and recruiting methodology. Williams) could be better addressed with variable universal life insurance. The original idea was that the baby boomers needed a solution for wealth creation and tax protection, and that the "buy term and invest the difference" philosophy of Primerica (formerly A.L. but shortly thereafter was renamed World Marketing Alliance. World Marketing Alliance (WMA) was founded by Hubert Humphrey after he left Primerica in 1991.















World financial group scam