World System Builder Scam – WSB Scam

Is WSB a scam? World System Builder (WSB) is affiliated with the World Financial Group MLM / Scam.

World System Builder Scam

World System Builder holds “financial literacy” classes and workshops, where they aim to sell their products and recruit new people into “the business”. A friend who has been to their seminars told me his experience. He was invited by a friend who wanted to teach him how to manage his money and invest properly. At the seminar, which was primarily Asian, the speakers spoke abut the opportunity to make big money and how others who followed could make it big. They then pitched their insurance product (something about an insurance investment product) and also offered the “opportunity to join their business”.

Affiliation with World Financial Group MLM

Their website doesn’t list any personal information as to who runs it; this increases the likelihood that World System Builder is a scam. A Google search of their phone number shows an affiliation with Xuan Nguyen and World Financial Group but nothing too solid. We eventually come across some of their marketing material which has a required disclosure:

World System Builder (WSB), LLC is a financial services marketing company that is associated with World Financial Group, Inc.
World System Builder LLC Headquarters:
WSB Gold Street Financial Center, 2099 Gold Street, Suite 100, Alviso, CA 95002. Phone: 408-941-1838.

So indeed they are affiliated with World Financial Group… go read about the WFG MLM / Scam now!

World System Builder Scam

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  1. Hey! I think you’ve been very misinformed by your friend. I can tell you from personal experience and being a part of the company that we are 100% not a scam.
    We provide free financial workshops to educate people on how to manage their money better. If you would like, I can show you everything we are about on a video call! People are very skeptical of our business because recruiting is an aspect, however we recruit to spread our message to more families across the nation with a goal of creating a society that is better with managing money. People who don’t succeed in the company are quick to call it a scam because they do not understand that it is a business, but instead go in with an employee mindset. It’s very unfortunate, and do to other companies using a similar business platform we get associated with their schemes and scams even though we are VERY different.

  2. @Brandon Rashtian, there was a $100 membership fee to join the program. The program is not free and requires you to pay for every convention you go to. This can go up to $500. I was promised to be taught subjects that I would not learn in class. However, the workshops taught the basics of economic topics and brag about how much they make. They need to brag more about how they are supporting their communities rather than their salary.

  3. There are over 300+ WSB financial centers all across the U.S. and Canada. If you say it’s a scam, how come the government don’t know and shut them down? WSB is a legit platform under World Financial Group (Under TransAmerica and Aegon) They are partnering with hundreds of financial companies and organizations! They’re building a new industry, so their marketing strategy is different.

  4. Well actually, the program of attending workshops is free. If you’d like to join the platform to be your own money manager and your own boss and make money for yourself and not someone else THEN it’s $100. You must have been misinformed- or maybe you just heard what you wanted to hear and manipulated it into what you think others want to hear.
    WSB is one of the fastest growing companies and backed by a company called Aegon (which Forbes talks about being TOO BIG TO FAIL). Clearly if a 177+ year old company is willing to back WFG/WSB it wouldn’t be a scam. I highly doubt owners of a huge company like that would affiliate with a “scam”.
    Times are changing and the way business do business is changing too- not sure which end of the spectrum you want to be on- I’ll stick to being on the end of being my own boss and not worrying about the $10k + overhead costs most business owners have to stress about.

    I’d give it another shot and not base it off of one experience- which is weird to me that people tend to trust someone with a one time experience over people who have a 10+ year experience 🤔 weird.

  5. how do i make my $100 back? And how much are the convention fees?

    • True it is a scam, they deliveratly misinform you and promise that the 100 dollars is life time membership but if you dont recruite and do not get your licence in 3 months they send you a letter of termiation like this. At the beguining they never mentioned this so I lost 300.00 because they wanted me to enrroll my husband and son also. their WFG Launch countdown clock will be terminated if they’ve not yet become licensed and submitted a signed agreement. Associates who still have time remaining have until their nine months ends to complete their pre-licensing coursework, licensing exam and sign their agent agreement. If not completed by the deadline they will be terminated.

      Associates who have not yet requested it, can ask for a one-time three-month extension within 15 days prior to their countdown clock reaching zero days. Also, associates who are terminated can reinstate at a reduced fee as long as they do so within 60 days of their termination.

      Thank you for your attention to and consideration of this WFG Launch update. We wish you much success.

  6. WSB identifies you in the online professional network, then contacts you on social networks (eg Facebook)…
    Don’t give 1 cent to get a License or a job!

  7. They sell high fee insurance with an investment portion that also has high fees.
    The dream is that you “retire early” but actually if you buy cheap term insurance and invest the rest yourself you actually make a lot more.
    They are scammy insurance salesman and they make money off you, and so don’t have your best interests in their mind.

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