• Report: #53278

Complaint Review: AGM International, Ben Yardin, Mark Bennet

  • Submitted: Thu, April 17, 2003
  • Updated: Thu, July 03, 2003

  • Reported By:abingdon Maryland
AGM International, Ben Yardin, Mark Bennet
Internet Israel

AGM International, Ben Yardin, Mark Bennet AGM Internationnal (money4u.net) is a huge internet ripoff scam that ripped off my money and thousands of others Money Is Wired To Jeruselem Israel Internet, but there are 2 offices one in Delaware and one in Montana

*Consumer Comment: AGM / money4u.net 600+ dollars

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I had been looking to start an internet business when I came across AGM International in 2001. It is a very professionally done website and states that there is a money back guarantee if you are not satisfied. It offers you your own mall with thousands of products to sell making good profits.

Depending on how many stores you want in your mall is the amount that you pay to start your mall, but the prices range from (now) $1450 - $36,800 and when you go to buy a program there is always a 50% off NOW to encourage you to buy which cuts these prices in half.

They tell you that you may send a check, charge or wire your money, but if you decide to write a check or charge they discourage that and tell you that you will miss the half price sale because the processing will take too long.

The main man I think Ben Yardin or Mark Bennett or whatever his name is (he has many aliases) calls you himself. I got a call from Jeruselem Israel and spoke with him on the phone and he put my mind at rest and assured me that every was on the up and up. Because this sounded like something that I would be interested in and because there was a money back guarantee, I decided along with my husband to take a chance and invested $1250.00 which meant that I would have 10 stores. Afterall, what could go wrong.

There is kind of a lengthey procedure that you must follow, but keeping it short, you copy all these webpages around 250 of them changing them putting your information but basically all they are are pages trying to sell the same AGM program to others, secondary to this, is your mall. You are submitting all of these pages to international search engines and you are told to do this over and over again. They tell you that the more you do the more your profits will be.

My husband and I worked 154 hours the first month submitting as many pages as we could. AGM says they will keep you informed of your sales. This first month we were told we had no sales.

The second month we worked 136 hours and again were told we had no sales. During all this time I was in contact with AGM through a online chat that they have set up for you to ask questions and also there were 1-800 numbers where you could call the different heads of departments or email addresses to do the same. I think since then these have been removed from the website.

I got suspicious after these first 2 months that something didn't seem right. I called and emailed everyone that appeared on the website to find out what was going on and then I started to get ignored, no phone calls or emails were returned.

I started to do more research about AGM (after the fact) through the internet and found out information that made my heart sink. I found out that they are nothing but big ripoff artists. They will take your money and you will get nothing in return.

I posted on a webpage similar to this one and quite a few people emailed me to ask if it was a legitimate business opportunity. I told them DO NOT join by any means unless you want to lose your money. I will tell them now to submit there horror story here and maybe something can be done. Many of these people have lost up to $20,000.00

I have filed numerous complaints including to the FBI, Internet Fraud Division and the FTC, but I haven't heard a word from anyone.

This has got to stop and hopefully this website can be of help if not to actually catch and prosecute the individuals responsible but to keep other innocent people from being ripped off as well.

There are literally thousands of people in the United States as well as other countries that are falling victims to this fraudulent rip-off scam. Just go to you favorite search engine and type 'AGM International' and you will see what I mean.

Lets all band together and get this internet site shut down for good!

Abingdon, Maryland

This report was posted on Ripoff Report on 04/17/2003 05:33 AM and is a permanent record located here: http://www.ripoffreport.com/r/AGM-International-Ben-Yardin-Mark-Bennet/internet/AGM-International-Ben-Yardin-Mark-Bennet-AGM-Internationnal-money4unet-is-a-huge-inte-53278. 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.

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Updates & Rebuttals

#1 Consumer Comment

AGM / money4u.net 600+ dollars

AUTHOR: Christian - (U.S.A.)

Dear sir/Madam,

Please find below an account of events leading up to todays email to you. You will also find the companies web site address and all their other contact info that I can supply to you.

At the end of September my partner and I began searching the web for a reputable company to start an on-line business with. As I had all my days free to search, I was spending around 3 to 4 hours a day searching and as you can imagine, I came across hundreds of bad, AND REALLY BAD companies and opportunities. One company seemed to stand out from the crowd and was also really what we were looking for. I made notes on the company and carried on our search. After a good 60 to 70 hours spent looking we settled on our gut instinct of a company called AGM who could be found at www.money4u.net The site also came with a guarantee that was If you find it doesnt work after applying all the steps in the right order, we will refund your money.

Although, to join was $625.00 we felt it was money well spent for a website that was professionally composed and connected to over 460 branded companies. So on the 10.10.2002 we wired over the $625.00 to their account. (Details below). On the 13th we received the training pack and website address(via email and web) so we could began our venture.

Although my partner and I are pretty good with computers and finding our way around the Internet isnt a problem, we knew nothing at all about posting info on the net by the way of http:// , html or ftps. So we really DID need the instructions. The instructions seemed to be translated by someone who didnt really understand the English language very well and we struggled to understand them. So this was when the first email was sent requesting help. We heard nothing. So we sent a second requesting help and again explained the problem. Again we heard nothing.

So we sent the 3rd email requesting a reply but not explaining the problem as we had already sent it twice. We received a reply telling us if we told them what the problem was they would help!!!!

We instantly sent a reply back explaining the problem and also letting them know we thought there lack of professionalism was less then impressive.

We were surprised not to get a reply so we then sent a message to the billing department asking them to let us know if the efforts we had already applied had earned is any income as I had already spent almost 30 hours on the site in the first week or so. (They required 10 a week). Again we heard nothing.

I then send a message to AGMS Service, Media and Public Relations department. I explained how many emails I had sent them and about the fact I had heard nothing at all and could they please forward this enquiry to their manager and get him/ her to contact me within 48 hours also supplying readable English instructions. NOTHING WAS HEARD FROM THEM. This was when we decided to try and do something as we realized we had been taken for a ride.

All the above information has been broken down below with the time span in between all correspondence. You will also find all contact information on the company.

Joined on the 10.10.2002.
(Via wire transferre)

Received web site and training material on the 13.10.2002
(From Angel Griffin)

After having the instruction steps for 3 days and trying to apply them, Sent the first email asking for Help and an explanation.
(Sent to Adam Green)

Sent a Second email 1 day later.
(Sent to Adam Green)

24hrs later I sent message asking for a reply.
(Sent to Adam Green)

24hrs later we received a reply from Jennifer Gross telling us if we told them what the problem was they would help.
(From Jennifer Gross)
Email #3 was sent straight back to her.

2 days later I sent email #4 to the billing department to inquire: - Because Im not totally sure that what Im applying is correct, Can you tell me if what Im doing has earned me any income/ commissions.
(Sent to Paul Demore)

3 days later I sent an email to the AGMS Service, Media and Public Relations department asking: - (this isnt word for word as I do not have a copy of the original email) I explained how many emails I had sent them and about the fact I had heard nothing at all from them. I also explained that I understood there guarantee was only effective if we applied all the steps, But if I/we, couldnt understand the steps then this was an unfair guaranteeso could they please forward this enquiry to their manager and get him/ her to contact me within 48 hours also supplying readable instructions.
(Sent to Shone Calderon)

On the 27.10.2002 I began to look on the Internet to find out what I could do to report my problem and get something (hopefully) sorted out.

The email below was the final message sent to them hoping to give them one more chance to reply: -

I have sent you numerous emails inquiring for help and every one of them have been ignored.
You do not require me to post the enquiry to you again so please take note of this email. Today is 27.10.2002, 8.20pm Texas time. You have until 4.30pm tomorrow afternoon (Texas time) to give me answers to why I have heard nothing from your technical support team, billing team or development Division. I want to know the answers to every email I have sent to you, which you should have on record.

This is my final email to you. If by the above time I have no correspondence from you I will be going to the above address to begin a formal complaint against your company.

Christian Pugh


USA & Canada Headquarters
300 Klaminsi Road
TOLL FREE: - 888 284 2790
Tel: - 718 659 2254.


< Wire Transfer Information Starts Here >

Bank Account Information!
Wire Transfer to: AGM International
Bank Name: Bank Hapoalim
Bank Address: The Technology Garden Malcha Jerusalem IL 96951
Bank Branch: 599
Bank Account: 673826
Bank Swift Code POALILIT
Bank Tel 972-649-3444
Beneficiary Name: AGM International
Beneficiary Address: Bank Hapoalim The Technology Gardens Suite 51
Beneficiary City: Jerusalem
Beneficiary Country: IL
Beneficiary Zip Code: 90901

< Wire Transfer Information Ends Here >

We wired our money to a bank with the following details : -

A/C number :- 9635513

Swift Code :- IDBLILITJLM.

So, as you can see both my partner and I feel more then a little foolish for sending the money to them but more importantly, want to stop them from taking advantage of other people.

Please let us know your findings as soon as possible.

Yours sincerely

Christian Pugh & Kala Bowhay.
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