• Report: #567488

Complaint Review: Steve Smith of ad-ventures4u.com

  • Submitted: Wed, February 10, 2010
  • Updated: Fri, February 12, 2010

  • Reported By: Zaheer — Blairsville Pennsylvania United States of America
Steve Smith of ad-ventures4u.com
110 Plum St. Eminence, Missouri United States of America

Steve Smith of ad-ventures4u.com I have been a victim of Scam by Steve Smith where he deceitfully robbed me of $15,000 Eminence, Missouri

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I have absolutely no doubt in my mind that http://www.ad-ventures4u.com/ is a Scam and I am one of the biggest victims of it.

I unfortunately invested about $20,000 in this program around July-August 2009 time frame because I was in dire need of generating income to live off. About $5,000 was invested through Alertpay and about $15,000 was invested via personal checks directly to Steve Smith. Alertpay helped me recover $5,000 that I had invested through them but they unfortunately couldnt help me recover $15,000 that I had invested through personal checks.

 

I have not made any profit from this company whatsoever. I in fact have lost about $15,000. I had two accounts with this company. One account had 10,823.59 Ventures and the other account had 9,765.86 Ventures when Steve suddenly decided that he was not going to Share Revenue from this program any more. I had started to earn about $1,400 weekly from this program which unfortunately didnt last long and was suddenly reduced to zero. You can imagine what it must be like to lose that kind of income especially if I was relying on that income to live off because I had very little other sources of income at that time. It was nothing less than a shock and I felt that I had fallen off a cliff.

Steve Robbed members of their weekly earnings from Revenue Share and started diverting the earnings to his new venture, http://www.tradinggoldforcash.com without any consultations or approval from the members. Steve had no consideration or compassion for members like myself who were relying on this income for living and were subjected to a lot of hardships because of Steve's actions. Thanks to Steve - the inconsiderate one with no compassion at all.

Back in August 2009, Steve sent an email stating that he was going to make one last Earning Share payment and that it was also going to be one of the biggest one. He did make a payment on September 8, 2009. I believe that he didnt make this payment voluntarily but he was being compelled by Alertpay to do so. Steve admitted in one of the emails that he sent to the company that his Alertpay account had been frozen. I believe that he had no other choice to make this payment to get his account unfrozen. But unfortunately, after Steve got his Alertpay account unfrozen, he deducted the amounts that he paid from the member accounts without any notifications to them. He literally not only lied to the members about the Revenue Share, but he also Stole the money from their accounts. I am sure that most members were outraged by his actions. Thanks to Steve - a liar and a thief.

As mentioned before, one of my accounts had over 10,000 ventures and I didn't have to surf for this account because it was considered fully vested. But after he deducted the last payment from this account, the number of ventures in this account fell short of 10,000 which meant that I had to surf for this account. Had I not realized soon enough about what had happened and started surfing for this account, he would have definitely terminated this account and grabbed the equity in the account for non-surf reasons. Only God knows how many accounts he has robbed like that and grabbed the equity in those accounts. Thanks to Steve a thief and a robber.

I am sure that he was aware that there was going to be an uproar against him from members for his actions. To protect himself from that he disabled the Company Support System which prevented members from communicating with him or the Company's Support Team which was nothing more than an act of cowardice on his part. He didn't have the guts to confront members and up until today, the company's Support System which was considered a Hallmark remains disabled. Thanks to Steve - the coward.

As I mentioned before that I had invested my money into this program primarily because of the Income potential from Revenue Share that Steve had promised on his website that he shared 75% of all income from this web site and up to 90% of all other income with members and less for the Advertising which I considered as a bonus. With the kind of money I had invested, I had gotten a lot of Advertising in the form of Surf Credits and Banner Credits which would have lasted me for the life time if Steve had not stolen them from my accounts. Not only Steve robbed members of Revenue Share, he also stole surf credits and banner credits from member accounts. In my case, he stole about 90% of the Surf Credits and 100% of banner credits from both of my accounts. Thanks to Steve a robber and a thief.

Steve stopped the Revenue Share and didn't pay anything to members for months but he still expected them to continue to surf as if members were his slaves. He threatened them that they wouldn't be paid anything from the future Gold earnings if they stopped surfing consequently resulting in the termination of their account and seizure of the equity in the account. Many members like myself felt like a hostage because they couldn't abandon the large investment and were left with no choice except to continue to surf for a little or no compensation. Thanks to Steve a hostage taker and an exploiter.

Surfing from his website for credits is nothing less than a nightmare and a torture because his script is still riddled with bugs that Steve refuses to admit and to do anything about it. We end up spending and wasting a lot of our time because of those bugs to get the required surfing done. But who cares about members and their times? A cynical view of Steve would be that he deliberately introduced these bugs to inflict pain and suffering to members and to make it more difficult for them to meet the surfing requirements and making it easy for him to capture equity in their accounts. Thanks to Steve a torturer and pain inflicter.

 

Steve is also known to have been involved in other scams in the past. I was able to gather some evidence that there were at-least two other scams that he has been part of from (((REDACTED))) website.

In Summary, it has been a devastating experience for me to invest in this program. I strongly believe that Steve deceived, defrauded, lied and robbed members and he should be held accountable for his actions. After all is said, my question is what are you going to do about it? Well, I have already done something about it which is to file a complaint with Missouri Attorney General's Office and I urge the same on all members who feel grieved and wronged by Steve. I strongly believe that if enough of us would file a complaint with that office, you could expect a suitable outcome otherwise nothing is going to happen. Lets try to put this person to a place where he belongs - in the jail.

 

Missouri Attorney Generals office helped me get a response from him to my complaint in which I believe that he incriminated himself by telling lies and making false representations to authorities and for showing utter disrespect and disregard for the law and authorities. He should be in a far bigger trouble now if only law enforcement would press criminal charges against him but they may not do that unless more people came forward and filed complaints against him. Therefore, my message to all members is that if you really wanted to do something, now is the time and it wouldnt be hard or demanding on you. All you need to do is to drop a few lines to Missouri Attorney Generals office stating some of your experiences with Steve or the company.

  

Is there anybody out there who will help me recover my $15,000 from this beast of a man called Steve Ray Smith?

 

I am a 60 year old man struggling in life to survive.



CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.

This report was posted on Ripoff Report on 02/10/2010 02:41 PM and is a permanent record located here: http://www.ripoffreport.com/r/Steve-Smith-of-ad-ventures4ucom/Eminence-Missouri-65466/Steve-Smith-of-ad-ventures4ucom-I-have-been-a-victim-of-Scam-by-Steve-Smith-where-he-dec-567488. 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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