Traverus Travel is the best home based Travel business online. People are trying to compare YTB vs Traverus and World Ventures vs Traverus. Once you look at the Traverus compensation, you will see it pays more than YTB or World Ventures. Traverus member trips are better than World Venture member trips as you have to earn your vacations with World Ventures. YTB pushes FAM Trips which are only available for Travel Certified Travel Agents (CTA) which caused them to lose their IATA credentials.
Traverus Travel Network, the fast-growing, world-wide on-line travel promoter, and ChinaClicks2, the exclusive marketing partner of 5CTV, have announced the forming of a new travel venture in the People's Republic of China. The new company, Traverus China , will dedicate itself to building a strong traveler's network in mainland China , Hong Kong and Taiwan , the so-called Greater China Region. Traverus Travel Network is also the exclusive travel industry partner with the recently aired 5CTV which is dedicated in programming that brings the world to China and China to the world, as Billy Campell, the CEO of 5CTV and formal CEO of Discovery Channel explained in its opening ceremony.
ANOTHER YTB LAWSUIT
WOOD RIVER - One of the city's largest employers and seller of online travel is being sued for $25 million by the California Attorney General's Office for operating a "gigantic pyramid scheme."
Attorney General Edmund G. Brown Jr. announced Tuesday that he filed suit against YourTravelBiz.com, a subsidiary of YTB International Inc., for recruiting tens of thousands of people with deceptive claims that they could earn huge sums of money through its online travel agencies.
"YourTravelBiz.com operates a gigantic pyramid scheme that is immensely profitable to a few individuals on top and a complete rip-off for most everyone else," Brown said.
Brown stated in a news release that the lawsuit seeks to shut down the company's unlawful operation before more people are exploited by the scam. He said the company and its affiliates, YTB Travel Networks Inc. and REZconnect Technologies Inc., operate an illegal scheme that only benefits members if and when they find enough new members to join the scam.
Brown is charging YTB and the company's founders, J. Lloyd "Coach" Tomer, J. Scott Tomer and J. Kim Sorensen, along with the company's chief operating officer, Andrew Cauthen, with operating an "endless chain scheme."
The lawsuit is the toughest one filed so far against the company since it started operations seven years ago. YTB runs Web sites for referring travel agents, or RTAs, online agencies that sell flights, cruises and vacation packages and earn a commission.
The RTAs pay a one-time cost of $449.95 for the company to set up their online travel agency and monthly fees of $49.95 to maintain the site.
In the lawsuit, Brown claims that the "defendants make untrue or misleading claims that consumers can become millionaires and receive special travel discounts offered only to professional travel agents."
The suit claims that consumers paid more than $103 million to the company for Web sites, but made only $13 million in travel commissions.
"Of the more than 200,000 consumers who purchased or maintained defendants' Web sites during 2007, 62 percent failed to earn a single travel commission - not even on their own personal travel," the lawsuit claims.
Under California's business practices statutes, the company is liable for $2,500 per violation of the law.
YTB employs nearly 300 people at its headquarters at 1901 E. Edwardsville Road in Wood River and is spending $25 million to expand the facility it purchased more than two years ago.
Critics of the company say YTB is a hoax because so few people break even selling travel, and the majority of the company's profit comes from selling to new RTAs. Critics and investigators have looked at YTB for the past several years; however, there has been no action taken against the company.
One of YTB's top sales representatives was investigated by the Florida attorney general for "deceptive business practices" last year, but the state did not file suit.
YTB officials said other states have looked at the company's business practices and found nothing illegal.
A report that YTB filed Tuesday with the U.S. Securities and Exchange Commission states that a civil action was filed against the company by the state of California. The company said the complaint alleges that it violated California's unfair competition and advertising laws.
The filing states that the company believes it has operated in full compliance with California law and will defend the case vigorously.
If you want to look for a credible travel business that you can operate with a proven track record of success and complies with all the rules, then I invite you to check out TraVerus Travel and I look forward to speaking to you soon.
Click HERE to learn more about this opportunity.
Trevor Heck
Certified Travel Agent
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