Your Travel Business (Ytb)
Sued by Attny. Gen., lack of retail sales, hyped income potentials California U.S.A.—nationwide

Recently the California Attorney General filed a major lawsuit ($25 million)... Under Calif. Penal Code Section 327... Against the company known as: YTB (Your Travel Business).

This company has a sales force (distributors) of more than 340,000 people. It claims to have an income of billions of dollars. However the main reasons that they were sued are— LACK OF RETAIL SALES, including&

* Only approx. 15% of the income earned by YTB came from actual sales of the travel services. Most distributors are not earning as much as the cost of their distributor website ($49.95) every month.

* More than 200,000 members in 2007 paid more than $1,000 a year to set up online travel agencies, but only 38 percent of the company's members made any travel commissions... Most of which were less than $100. Per distributor.

* More than 70% of the income earned by YTB came from "sign up fees" — and payments for other business & training services... Not from sales.

* Most of the profits were being earned by a few people (at the top)—owners and managers of the program.

Http://ag.ca. Gov/newsalerts/release.php? Id=1596

Http://www.entrepreneur.com/localnews/1679943.html

This lawsuit is on the record with the Attorney Gen.in Calif.

In addition, there is a "class-action" suit against YTB in the State of Illinois for approx. $100M.

Some people have reported to us that they have been pressured and harassed by some YTB reps... To join right away — even in face of the lawsuits.

Company: Your Travel Business (Ytb)
Country: USA
State: Nationwide
Site: www.ytb.com

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