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!