Greg Duncan Bankruptcy Auction
Scott Larsen over at Amquix.info has just posted details of the recent bankruptcy auction held on the Duncan estate. Readers will note that Duncan has been in bankruptcy proceedings for nearly two years now. One of the more interesting documents that Larsen has on his site is a proposed loan to the amount of $1,00,000 from Amway Global to Duncan’s various companies, including Sarshela, Inc., XS Energy, LLC, Seife, Inc. and World Wide Trust Company. As some of you will know, Duncan is part-owner of the company that produces the popular (among IBOs) XS Energy drink; he’s also one of the kingpins or Worldwide Dream Builders, one of the more prominent Lines of Sponsorship within Amway.
Upline leaders are supposed to be setting examples for their downline, and this certainly is not a good one to follow. Then again, when I think about it… perhaps they are setting an example for the vast majority of people who join Amway and a Amway Motivational Organization (AMO) like WWDB for the purpose of making big money. Most people eventually quit. Some people lose significant amounts of money. Some even get divorced.