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Report: #440209

Complaint Review: Quantum Events, Mike Putnam, Home Depot Pyramid Scam - Woburn Massachusetts

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  • Reported By: boston Massachusetts
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  • Quantum Events, Mike Putnam, Home Depot Pyramid Scam 3 Gill St. Woburn, Massachusetts U.S.A.

Quantum Events, Mike Putnam, Home Depot Pyramid Scam Quantum Events Mike Putnam Home Depot Pyramid scam United Sates Massachusetts

*UPDATE EX-employee responds: Quantum, Mike Putnam, Harmony Hunt Huge Scam- Woburn, MA

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Big Pyramid scam. Mike Putnam and crew sell people looking to work on the idea that if you work hard they will make money. They con people in all levels of their operation and the only ones making money are them. What they do is very basic. At each level in this pyramid they dangle a fake carrot infront of the person in attempt to make them run even faster. Then tell them how much money everyone makes and with dedication they can get their quickly. They receive 100 dollars in production from Home Depot for each lead people get on the field. Then they give 60 dollars to whoever is running that particular office. Then the office manager passes between 25 and 40 dollars to the person who actually gets the lead.

So it goes like this. When a new hire is brought on they are told they will make between 600 and 700 dollars a week.("lie" carrot number one)
Most people do not average 3 leads a day and they claim that to be average.

Next level of pyramid, Team Leader More work and no extra money. They con people into this position by telling them they will have their own office in several months if they work hard and do a good job.(carrot number two) Most Team Leaders do not promote out, they are just worked even harder till they burn out.

Now the third Pyramid level. Office Managers. They are told they are starting to get into the Putnam inner circle and to keep working hard and they will be "RICH". They tell the manager that they will be making over 100K a year in no time as soon as they get their office running properly. Basically to hire as many people as possible to generate leads and they will make money off each person. They also tell the office manager that they will get to the inner circle and REALY MAKE MONEY once they can promote out one of their team leader to open their own office and that they will make 10% off that office.

So it's basic The office manager wants to hire as many lead generators as they can because most don't last long and they want to get as many leads as possible from them while they can plus pay them for less leads then they generate.

Then you have leadership which is the worst position because you get worked even harder and don't make a dollar more than lead generators. But you get told you will have your own office one day and will be making BIG MONEY.

Then you have the office manager who has to scam their lead generators to be able to make enough money to keep up the office. The manager is constantly being told how much money Mike, Harmony and crew make and that they are taking them (the manger) under their wing so that they can be like them.

So at the end of the day basically the inner circle are the only ones who are living decent lives off the hard work of the rest of the pyramid. Most lead generators don't last a month and most offices last only a couple of months and then they get someone to open another office that soon fails also but as long as they still get their cut they are happy. And don't forget that the people at the top (MIKE & CREW) get the biggest cut and they have the easiest job.( con people to open offices)

Ben
boston, Massachusetts
U.S.A.

This report was posted on Ripoff Report on 04/02/2009 01:22 PM and is a permanent record located here: https://www.ripoffreport.com/reports/quantum-events-mike-putnam-home-depot-pyramid-scam/woburn-massachusetts/quantum-events-mike-putnam-home-depot-pyramid-scam-quantum-events-mike-putnam-home-depot-440209. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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#1 UPDATE EX-employee responds

Quantum, Mike Putnam, Harmony Hunt Huge Scam- Woburn, MA

AUTHOR: Cory And Mandy - (U.S.A.)

POSTED: Monday, April 27, 2009

First of all I am just writing this cause I got screwed by this company. JUICE!!!!! Yeah everything Ben wrote is totally true. In fact he was the kid who hired me and got me wired into this joke of a company in the first place. We all got screwed together. Our checks started bouncing and we weren't even getting paid and then our boss completely quit on us. If you work for the company you probably don't even beleive me or any of this stuff on the rip off report. That's cool, keep living a life of denial. I was the same way when working for Quantum and I thought I was better than everybody else and I would be able to get my own office. I was ripping it up in the field and got plenty of leads and tons of people on my team. But it does not even matter. All these offices fail in the end. If you get like 15-20 leads a week you don't even make that much money. We were getting 40 a lead and we still didn't even make that much for how many hours we were working. Being a training manager just sucked cause you don't even get paid for training people. The farther you get with this company the more you get screwed and the harder it is to pull yourself out and just quit. They feed you more and more bs evey day and you gotta just get a reality check and realize that this job is going nowhere.

Luckily my boss Shinnon did not know what she was doing and she put the company out of business. She ended up spending all of our money from our checks on furnishing her new apartment and lots and lots of makeup. She was the worst manager of money. The thing that sucked was getting our money. Nobody wanted to re-imburse us for our checks that bounced. Quantum literally owed me like $1500 bucks. It sucked. Everybody was like thats your problem and go get screwed. When they opened a new office in Woburn they did it secretely and tried to hide it from us cause we all know the truth about how they are fake and big scumbags.

I just felt bad for all the people who didn't get paid for working their tails off. Tons of people I sucked into joining this company didn't even see a dime. I still feel totally guilty and terrible about hiring them.
If you hate this company don't be mad at the people who work there. Be mad at the owners like Shinnon, Harmony Hunt, Mike Putnam etc. The kids who work there are for the most part really cool and work harder than anywhere I've been. The problem is there all chasing fake dreams made up by the corrupt owners.
I hope this is helpful to anyine who works for quantum or smart circle or anyone who is thinking about it. Since I quit after working there for like 6 months, my life has improved 1000%. I work for a legit company who gives health benefits, real checks and who actually values and appreciates hard work.

To all the owners, I hope you have fun spending the $350 you still owe me. It could be 35 cents and I would still have hard feelings. You claim to make 700,000 a year and be worth multi-millions but you cannot even come up with the funds to cash a $200 check. You claim to be ballers with Mercedes and huge houses, but your really driving Saturns and are living in cluttered apartments with like 4 other people. Just stop being fake! JUICE!

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