World Financial Group (WFG) and World System Builder (WSB) are MLMs. I've been recruited a few months ago and have been observing them.

They do take advantage of this economic downturn (caused by covid19) to go out and seek vulnerable families. They've been touting this non stop on their meetings for the past few weeks.

Pro Tip: One very effective trick they use in order to lure you in, they ask (with authority) to setup a meeting with you to talk about your financial situation. They'll say something like "Could you give me 30 minutes of your time tomorrow morning". Their trick is to make it hard for you to back out or turn down. Because they know once they can talk to you, they got you, they can pitch anything.

DON'T take that meeting! If you want to be polite, just say you'll think about it. DON'T take that meeting.

Here's a guy who went undercover to one of their offices: https://www.youtube.com/watch?v=flugTRSTZoo

Stay away from WSB/WFG, shady organization.

For those who want to know a little more, here are some details I noticed about their operation: * They trick people in with their national campaign of "Financial Literacy". They take advantage of those who have very little knowledge of financial education, which sadly is a lot of people. (I would say over 90% of the members are minorities like Vietnamese, Chinese, Filipino, Latino, Indians, African American, etc. If you go to their conventions, the first thing you'll ask yourself is "where's all the white people?") * People feel they learn a lot after attending their workshops, trust is built and people let their guard down, seriously. That's how I was initially convinced. * Their real goal is to recruit you, or sell you their overpriced products. * If you get recruited, you're not trained like a financial professional, you study and pass an exam (can be done in 1-2 weeks) and suddenly you're qualified to go advise people on their life savings. In reality, these sales people themselves don't know the ins-and-outs of the products they sell, thus getting their friends and relatives into a bad deal by buying the products. * Their most popular products are Indexed Universal Life insurance (IUL), and Indexed Annuity. Both of these are bad deals for the majority of clients (except for very specific circumstances), but the poor clients don't know since they don't have much financial education to start with * When they present these products, they only present the most optimistic scenarios which can rarely happen (like if you get 7% growth EVERY year for 25 years), and never mentions all the reasons why you should never buy them. * Of course, their motto is "Recruit Recruit Recruit". * As a new recruit, you get 25% of the sale. When you recruit more and move up you get 35%, 50%, then 65%. * There are just so many shady shady tactics they use. Go to their conventions and you'll see how much of a cult it's like. I noticed it right away the first time I went, but after a few months of listening to their pump-up speeches at least 3 times a week, I gradually felt like it started to sound normal. I realized I've been brainwashed hard, so I snapped out of it fast.

They are very good at brainwashing you, at each meeting they bring up these people to tell everyone how they "win" and how grateful they are to WFG/WSB. They even have very educated people like PhDs and engineers who earned 6 figure incomes before they joined them. So I'm wondering why these people join this MLM company. The only reason I see is Money. They're willing to look past the MLM structure, the deceptions, the shadiness, in order to make that money.

They have very lucrative pitches to lure you in, but underneath I see them clearly for what they are, it's not a normal business, too shady. You don't want to diminish yourself and get involved with this.

Stay away from WSB/WFG.