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Embattled lottery pyramid scheme slammed by Australian court
World Games Inc. (WGI), a loosely-based international company that has been on the run from legal authorities around the world for several years, was found to be in violation of the 1974 Trade Practices Act by the Australia Full Federal Court for organizing an international lottery pyramid scheme.The court's ruling was directed at Gold Coast company Worldplay Services Pty. Ltd., a corporate entity that is tightly coupled with WGI.The decision also upheld that Greg Kennedy, the company s director
May 10, 2005, 8:57 am - Lottery News

World Games officials face probe
Officials of global pyramid lottery scheme face tax evasion chargesA lawyer representing disgruntled investors in the controversial World Games Inc. (WGI) has reported WGI's Norwegian officials to the country's white collar crime unit kokrim.An kokrim official confirmed the federal agency that investigates and persecutes economic crimes in Norway had received the filing from lawyer Olav Sylte.He represents 8 people who are demanding the return of around NOK 1.2 million from WGI officials in No
Mar 1, 2005, 10:43 am - Lottery News

Global Pyramid Lottery Sceme Indicted Again
On the heels of several indictments and guilty pleadings worldwide, World Games Inc. (WGI) is once again the target of law enforcement.WGI offers different lottery and gaming products to its members on the Internet. Like a pyramid scheme, members join with the intention of registering as many new members as possible, in order to derive credit from those new members. In keeping with a pyramid scheme, the vast percentage of rewards go to the members highest up in the scheme.Pyramid schemes are i
Dec 17, 2004, 12:26 pm - Lottery News

Gaming executives guilty of operating illegal lottery, pyramid scheme
Six of the lead promoters of World Games Inc. (WGI) plead guilty to operating and promoting an Illegal Pyramid Scheme December 6, 2004 in Calgary, Alberta.The guilty plea was a result of a five month Joint Forces investigation including the Alberta Gaming and Liquor Commission (Gaming Investigation Team), Calgary Police Service, RCMP, and the Lethbridge Police Service.World Games Inc. CEO, Greg Kennedy was found guilty of pyramid selling offenses by the Australian Federal Court earlier this year
Dec 8, 2004, 8:53 am - Lottery News

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