ED Magedson – Founder
Auctions For Income, Success Team, PMI, IDI Links 4 Trade, NMR Coaching, Internet Development Inc.5521 Shaefer Av Chino, California U.S.A.
Auctions For Income, Success Team, PMI, IDI Links 4 Trade, NMR Coaching, Internet Development ripoff lied false claims solicitation to evade taxes hidden costs pathetic business schemes Chino California
We purchased the Auctions for Income package that, as we found out later, was really general. My wife and I, already having been Ebayers for awhile, really didn'l learn all that much. We were interested in getting some help with drop shipping arrangements and called the "Success Team" by accident. We were then solicited by them to put money down to be "on the fast track" toward success so that we could be on one of their infomercials. Having a family of my own I was interested in supplementing my income with a small business, so I obliged. This is where it started. We were led to believe that we would be on the fast track to success with coaching sessions and all sorts of help to get going quickly. We were told we could do it all ourselves and spend years through trial and error getting a business going, or we could buy into their Success Team program and BEGIN MAKING OUR MONEY BACK IN 30 TO 60 DAYS. We were told that we would be able to make our credit card payment in 30 to 60 days. Then they made this statement: "But let's face it, you don't just want to make your payment back, you're into this to make money. You'll have your initial investment of $5840 back within the year and making $1000 to $2000 per month." I must insert this here: I talked to Eric Largin (or Larton, I'm unsure which) on 1-17-05, and he said under state and federal regulations they can't make claims like that. So out of his own mouth he admits that what they did was ILLEGAL. More on this conversation later. After being set up with a podunk website that is hard to make it look professional, and with six 30 minute coaching sessions that were really just a waste of time (my coach even steered me in another direction of what to have on my site...I didn't even get to have what I wanted originally), I was left to fend for myself. We were told that they would always be there until we got going, but we never heard from them asking how we were doing. My two coaches' names are Lonnie Hunt (email@example.com) and Stephen Estabrook, who is no longer with them. I gave it quite a bit of time and effort, but it never panned out for me. Most of the traffic I generated to my site were due to my own efforts and ideas, and not their old, outdated, and pathetic traffic generation schemes. And now my email address is out there and I'm getting a lot of SPAM because of these schemes. Probably the most troubling part of this story is a call I received from one of their subsidiaries (The Tax Club or something like that). This guy calls me up and wants me to give him some $700 (a fee NOT disclosed to me at the beginning of all this) to set up shop in another state in order to avoid paying some taxes in my own state. Now I'm not all that familiar with tax laws, but I do believe in this statement: "Pay taxes to whom taxes are due." A lot of people complain about taxes and paying taxes, but I'm not going to look for loopholes to avoid paying the taxes that I should. I'm looking for ethics, not loopholes. As I looked at some of the other rip off reports, I guess there are tons of other monthly and yearly fees aside from the $700+ dollars that they didn't even tell me about. The worst part of that phone conversation was the statement the guy made: "There are certain privacy laws in place in Nevada (or whatever state he was talking about) so that if something happens and someone wants to sue you, it will be harder to find you." ARE YOU KIDDING ME? Does that mean I'm not responsible for my actions if I can't be found? Being able to sue someone is a law that's in place to protect people, and this guy wants me to evade that? That's ridiculous! I told the guy no thanks. Another complaint I have is nondisclosure of fees. We were led to believe that all the money we put forward that day ($5840) would cover everything. Now I'm being charged on my credit card monthly for a bunch of crap I didn't know I was going to have to buy. The bottom line is, when I called these guys, they said they'd get back with me, they would talk our situation over, etc. etc. etc., but nothing ever happened; I got ignored and I got the run around. They lied and cheated me out of a lot of money. If your business relies on lying, cheating, defrauding, ignoring, then you shouldn't be in business. If ever there was a business that SUCKED it was this one. On 1-17-05 I called Eric Largin to rectify the situation, and he told me they have a no refund policy. I told him my wife runs another business, and they don't act this way. He told me that if everyone who didn't have success wanted their money back (and at that time we were just asking for 1/2 our money back), there wouldn't be a company. So I asked him, "Is your rate of dissatisfaction really that high?" He gave me no straight answer. So then he asked me what my wife does when someone is dissatisfied with one of their products. Are you kidding me? Did this guy ever take a business class? If someone isn't happy because their product was misrepresented or has a flaw, they replace it FREE. Since when did customer satisfaction go out of style? One last thing about this phone conversation. I reiterated the fact that they made serious claims about success in order to lure us into putting money down right away. He said with his own mouth that they can't make claims like that because of state and federal laws. But they DID!!!! And that was my point. Even in light of this, and by his own admission their company BROKE THE LAW, they were unwilling to even give me half my money back. So I said "This is the situation you're in...you made a false claim, so you should give me my money back" And he snickered under his breath and said, "Oh, this is the situation I'M in, huh?" As if to say, 'We got your money, what are you going to do about it?' Well, I'm going to do everything I can about it. They broke the law by their own admission, and I'm going after them. William Lagrange, Indiana
This report was posted on Ripoff Report on 01/19/2005 08:48 AM and is a permanent record located here: http://www.ripoffreport.com/r/Auctions-For-Income-Success-Team-PMI-IDI-Links-4-Trade-NMR-Coaching-Internet-Development-Inc/Chino-California-91710/Auctions-For-Income-Success-Team-PMI-IDI-Links-4-Trade-NMR-Coaching-Internet-Developm-128005. 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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