• Report: #1024507

Complaint Review: JST MERCHANT SERVICES

  • Submitted: Wed, March 06, 2013
  • Updated: Wed, March 06, 2013

  • Reported By: zee — carle Place New York United States of America
JST MERCHANT SERVICES
5727 N 7th Street Ste 401 Phoenix, Arizona United States of America

JST MERCHANT SERVICES RIPOFF OF $35,000. YES $35,000.00 !!! Phoenix, Arizona

*Consumer Suggestion: Bad news...

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In May of 2012 i received a call from SJT Merchants from Brent Blair, for $100. i can get started making money from home few hours a  week. he explained to me the company does service merchants with credit cards, visa and mastercard, how they are cheeper than bank rates, who wouldn't want lower rates if you are a business owner ? I work for banking and said that sounds pretty good. A few days later they called me again and i did sign up. All i have to do is get small business to sign up to use JST merchants they will do the comparisons on the rates to see if we can save them money. when they sigh up I will make money if they need new equipotent, and on whatever they save, i will also make money if they need a cash advance (or a loan).

so now we are in July I have not yet booked any business,I get a call from Ron Zink how they can help me, since i am so busy, full time job, kids, ect, they can help me, very simple, we can do all the work for you, we get leads that are businesses that are already looking for this service, people that are already interested in this service, we will do all the calling for you.

These leads cost just over $5.00 each but are really good leads and we will do the work for you. So he asks me if I have money in savings, checking accounts, credit cards, I tell him no. He continues to ask if I have a pension, or 401, i happen to just get a settlement from my divorce that was IRA money and I put into an IR, he tells me i can use that money, I told him no thats all I have and I would have to pay penalties on that money if I took it out.

Not to worry he says, for $35,000 I can get 6,000 leads good leads, people so interested i would get about 300 people sign up from that. It wouldn't matter if i had penalties this return would more than .I got a call from John Jones who gave me the info to wire the $35,000 to , and off I sent it.  What a big mistake. He even gave me an extra 1,000 leads because of waiting time i had.

I am a single mom of 3 , just making it month by month and i loose $35,000 just like that!!!!!! 

Each week i would talk to the marketing dep. Betty would tell me how many people they spoke to, how many are interested in it , each week she would tell me we are waiting for this one, and that one to get back to us, we are waiting for the paperwork, and at the end NO ONE was approved ever !

I cant believe that out of 7,000 good leads not one was interested. I need help to get back my $35,000.


This report was posted on Ripoff Report on 03/06/2013 01:42 PM and is a permanent record located here: http://www.ripoffreport.com/r/JST-MERCHANT-SERVICES/Phoenix-Arizona-85014/JST-MERCHANT-SERVICES-RIPOFF-OF-35000-YES-3500000-Phoenix-Arizona-1024507. 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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#1 Consumer Suggestion

Bad news...

AUTHOR: Batman - (United States of America)

Given how much time has passed, you may be out of luck. I researched this scam a little before posting and unfortunately, your story is very common.

Some victims who had paid by credit card were able to get their money back by disputing the charges with their credit card company but otherwise, most people lost everything they paid these scammers. 

From what I read quickly online, nobody seems to have had any stories of luck when fighting them and I didn't see anything about any lawsuits against the company, successful or otherwise.

You might have a case for fraud if you can find a lawyer, but they likely won't work on something like this on contingency, which means you'd have to pay them upfront. It could be expensive for you but worth it if they're able to get back your "investment." Sometimes, it just takes a real lawyer to file a real lawsuit against these companies to get them to settle and avoid being dragged into the light of a courtroom. 

You'll also want to start preparing yourself both financially and mentally that mistakes were made and the money is likely gone for good. You'll live and its a lesson learned and if something happens to go your way later on this later, then great! Just don't count on it. If you can cope with the loss, you'll be fine no matter what the final outcome may be. 

Whatever happens, I hope you're able to find some satisfactory resolution and peace. Good luck. 
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