WWE News: Jeff Jarrett's business linked to outfit labelled a scam
He hasn’t been seen in the WWE for what seems an eternity, but Jeff Jarrett’s name keeps popping up every now and then. The former WWE Intercontinental Champion recently launched his new gold investment venture called “Global Force Gold”, an obvious attempt to stamp his wrestling business’ name on it.
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The 49-year-old made a video to promote his new enterprise, wherein he welcomes people to join Team Jarrett and avail of a “special opportunity”. Jarrett continues by saying that all that’s required is the person’s contact information, and what follows is an education about gold. He offers free customized 8x10 photographs as novelties. Here’s the video, courtesy of wrestlinginc.com:
On further exploration, it is pretty evident that a lot of people feel that the business of which “Gobal Force Gold” is an associate, Karatbars, is just a Ponzi Scheme. Jarrett’s business is proclaimed to be a multi-level marketing scheme and is affiliated to the German firm, which sells a variety of cards which each represent varying levels of investment. Here’s a video of one whistle-blower who demolecularizes Karatbars: