• Report: #326126

Complaint Review: Web Wealth Strategies - 3aoo.com

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  • Submitted: Tuesday, April 15, 2008
  • Posted: Tuesday, April 15, 2008
  • Reported By:Columbus Ohio
Web Wealth Strategies - 3aoo.com
P.O. Box 7705 Phoenix Arizona 85011 U.S.A.

Web Wealth Strategies - 3aoo.com Promised $4,000 a month to supplement my retirement and delivered $0 Phoenix Arizona


1Author 0Consumer 0Employee/Owner

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The work-at-home come-on was serving the need of home owners with adjustable-rate mortgages (ARMs) which are about to bankrupt the borrowers as the higher payments kick in. It cost $500 to "join." The advertising is through Aggressive Advertising, Inc., 3003 N. Central Avenue, Phoenix 85012 (1-888-429-8480) which, for $9,700 provided 2,700 postcards, 2,700 lead address stickers and 2,700 response stickers with the 3aoo 800 number and "my" website, http://www.3aoo.com/13740wes. I had to purchase postage stamps (an additional $702). I was told I would make at least $4,000 per month: $250 for every 7 mortgage applications. That was on February 12. I am a retired postal worker with monthly retirement of $164 and a little over $1,000 in social security.

Although it is generally in the news with national leaders including presidential candidates proposing various means of assistance (Ohio Gov. Ted Strickland got 9 of Ohio's largest lenders to agree to help borrowers in every way possible), the postcards said nothing about re-writing ARMs; the website says nothing about re-financing ARMs or the potential disaster from the higher payments kicking in.

I stuck on all the labels and postage stamps and even made up an additional label raising the alarm of the ARM payments possibly doubling.

In 2 months, I got 23 visitors to the website and no mortgage applications. I have tried communicating with Web Wealth Strategies by telephone and fax and by messages sent from the home page but I have had no response. They promise "3 awesome online opportunities" but deliver 2 awesome opportunities to throw your money down the drain. As for Aggressive Advertising Associates, I threatened a lawsuit for fraud and my $9,700 was promptly refunded but I am still out over $1,200.

Patrick
Columbus, Ohio
U.S.A.

This report was posted on Ripoff Report on 4/15/2008 4:56:04 AM and is a permanent record located here: http://www.ripoffreport.com/home-based-business/web-wealth-strategie/web-wealth-strategies-3aoo-c-b594b.htm.

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