Welcome Guest
Log In | Register )
You last visited December 5, 2016, 3:33 pm
All times shown are
Eastern Time (GMT-5:00)

World Games officials face probe

Insider BuzzInsider Buzz: World Games officials face probe

Officials of global pyramid lottery scheme face tax evasion charges

A 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 Økokrim.

An Økokrim 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 Norway.

Sylte also says he's preparing a civil lawsuit against the five "world leaders" of WGI in Norway, which will first be handled through arbitration in Fredrikstad where one of the leaders, Tor Anders Petterøe, lives.

WGI's main business has been linked to lotteries and games that members could play over the Internet.  It has run into trouble, however, for the entrance fees it charges members, which have led to its characterization as a pyramid scheme.

WGI, launched in Australia in 2001, reportedly has more than 200,000 members in Norway alone, many of whom now fear they'll lose the money they've paid into the company.

Norwegian tax authorities have also started investigating WGI's local officials.  Any convictions will likely lead to tax claims and prison terms.

County tax chief Øivind Strømme in Østfold told newspaper Aftenposten that as many as 10 persons may be reported to police in his district, while another eight face charges in Nordland County.

The tax authorities claim that around 4,000 WGI members in Norway received payouts totalling NOK 300 million, but many never claimed the income on their tax filings.

Lottery Post Staff

We'd love to see your comments here!  Register for a FREE membership — it takes just a few moments — and you'll be able to post comments here and on any of our forums. If you're already a member, you can Log In to post a comment.

5 comments. Last comment 12 years ago by LOTTOMIKE.
Page 1 of 1
MillionsWanted's avatar - 24Qa6LT

Norway
Member #9517
December 10, 2004
1272 Posts
Online
Posted: March 1, 2005, 11:02 am - IP Logged

I am familiar with WGI. I got a relative high up in the pyramid. He's made several hundred thousand norwegian kroner. He's not one of the world leaders.

Hope he hasn't done anything stupid, like not paying taxes for example.

    Todd's avatar - Cylon 2.gif
    Chief Bottle Washer
    New Jersey
    United States
    Member #1
    May 31, 2000
    23260 Posts
    Offline
    Posted: March 1, 2005, 12:12 pm - IP Logged

    MillionsWanted:

    Just being involved with WGI is bad.  It has already been judged as an illegal pyramid scam in several courts around the world, and is illegal in the USA.  You may want to advise your relative that they should consider cutting all ties with that scam outfit immediately.

     

    Check the State Lottery Report Card
    What grade did your lottery earn?

     

    Sign the Petition for True Lottery Drawings
    Help eliminate computerized drawings!

      MillionsWanted's avatar - 24Qa6LT

      Norway
      Member #9517
      December 10, 2004
      1272 Posts
      Online
      Posted: March 1, 2005, 5:37 pm - IP Logged
      Quote: Originally posted by Todd on March 1, 2005

      MillionsWanted:

      Just being involved with WGI is bad.  It has already been judged as an illegal pyramid scam in several courts around the world, and is illegal in the USA.  You may want to advise your relative that they should consider cutting all ties with that scam outfit immediately.








      At the moment WGI is legal in Norway, incredibly enough. The problem for many members now is that they have found out that they will have to pay taxes for the income they got from WGI.

      Many of the WGI members have only used the money they have gotten from WGI in foreign countries to avoid taxes, but now the IRS of Norway has found a way to tax them anyway.

      The other problem which is described in the news article is that WGI haven't paid out what they owe to their members.
        Todd's avatar - Cylon 2.gif
        Chief Bottle Washer
        New Jersey
        United States
        Member #1
        May 31, 2000
        23260 Posts
        Offline
        Posted: March 1, 2005, 8:38 pm - IP Logged

        Judging from how other countires in the vicinity are treating the WGI [scam] company, I don't think it will be long before they bring criminal charges on WGI, and force them out of Norway.  Finland is totally cracking down on WGI, for example.

         

        Check the State Lottery Report Card
        What grade did your lottery earn?

         

        Sign the Petition for True Lottery Drawings
        Help eliminate computerized drawings!

          LOTTOMIKE's avatar - cash money.jpg
          Tennessee
          United States
          Member #7853
          October 15, 2004
          11338 Posts
          Offline
          Posted: March 17, 2005, 8:16 pm - IP Logged

          these people need to be caught.