Episode 247
YTB International
Sat, 2018-Jan-06 01:07 UTC
Length - 2:13
Direct Link
Welcome to random Wiki of the Day where we read the summary of a random Wikipedia page every day.
The random article for Saturday, 6 January 2018 is YTB International.
YTB International, known as YTB Global Travel, Your Travel Biz or YTB, operates a multi-level marketing business through owner-affiliate websites offering travel, excursions, and lodging. The company was founded in 2001 by J. Lloyd "Coach" Tomer, Scott Tomer and Kim Sorensen. The company is currently owned by U.S. businessman Sam Hathi of Jamraval, Inc. Other YTB subsidiaries include YTB Travel Network, Inc., Zamzuu, Inc., and REZconnect Technologies, Inc (2004–2009). YTB is based in Wood River, Illinois. International subsidiaries operate in the U.S., Puerto Rico, the Bahamas, Bermuda and Canada.
Between 2006 and 2009 the company was the subject of several lawsuits and investigations in California, Illinois, and Rhode Island, alleging the company to be a pyramid scheme and usage of deceptive marketing. Declining revenues following this led to the company's bankruptcy in 2013, after which it was purchased by Jamraval, Inc. and reorganized under the name YTB Global Travel.
This recording reflects the Wikipedia text as of 01:07 UTC on Saturday, 6 January 2018.
For the full current version of the article, go to http://en.wikipedia.org/wiki/YTB_International.
This podcast is produced by Abulsme Productions based on Wikipedia content and is released under a Creative Commons Attribution-ShareAlike License.
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This has been Geraint. Thank you for listening to random Wiki of the Day.
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