The WFG / Transamerica Financial Fraud

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Have you been mislead, lost money, bought expensive insurance sold as an investment, told you would "own your business", paid $100 for an AMA either knowingly or unknowingly, deceived with hype in a BPM and wasted hours of time and money with little or no results? If you feel you were wronged in any way from being either a client, customer or an associate of WFG (World Financial Group), TFA (Transamerica Financial Advisors), WMA (World Marketing Alliance), WGS (World Group Securities) or the myriad of co-branded names of these entities, we want to hear your voice. This is a petition to explore the possibilities of recourse and to see if by shear numbers we can fight back against a system that may very well be riddled in deceptive and unethical practices. Have your voice heard by signing this petition and giving a brief explanation of how you were wronged. Pass this along to everyone you know! British statesman, Edmund Burke, said many years ago: “All that is necessary for the triumph of evil is that good men do nothing.” Be the voice to right that which may be wrong.

- Sign the petition

- Briefly explain how you may have been wronged financially or otherwise

- Provide a way to be contacted (an email address and/or mobile number)

- Spread the word on all social media (Face Book, Twitter etc.)


Fraud:

The intentional or unintentional use of deceit, a trick or some dishonest means to deprive another of his/her/its money, property or a legal right.

Misrepresentation of Material Facts:

This is the offence most often thought of when the term fraud is used. Misrepresentation cases can be prosecuted criminally or civilly under a variety of statutes or they might be the basis for common law claims. The gist of the offence is the deliberate making of false statements to induce the intended victim to part with money or property.

The specific elements of proof of misrepresentation vary whether the case is prosecuted as a criminal or civil action. The elements normally include:

Material false statement; Knowledge of its falsity; Reliance on the false statement by the victim; (A loss) Damages suffered; A deceit or fraud constituting a false statement made willfully or recklessly, which causes loss to another.

Not only is a misrepresentation fraudulent if it was known or believed by the maker of the representation to be false when made, but mere non-belief in the truth is also indicative of fraud. Thus whenever a person makes a false statement which he does not actually and honestly believe to be true, for purposes of civil liability, that statement is as fraudulent as if he had stated that which he did not know to be true, or knew or believed to be false. The motive of the person making the representation is irrelevant.


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