ED Magedson – Founder
Vested Business Brokers50 Karl Avenue Smithtown, New York United States of America
What a bunch of cheats! The spreadsheets they use are so inflated! Conspire to cheat the customer who has cash for a business.
I was involved with them and they actually briefed me on how to inflate my numbers to make my business that they were brokering look great. Of course the price i was looking for went up considerably.
By inflating the numbers and raising the price they explained the buyer would look to negotiate a better price and thus we would all profit for their sales team were trained in how to sell ( cheat ) the general public.
At the end of the day my business had sold for nearly 40% more and they took the cash down payment and demanded more from the check. Beware for they are liars and cheats!
This report was posted on Ripoff Report on 01/12/2011 04:11 PM and is a permanent record located here: http://www.ripoffreport.com/r/Vested-Business-Brokers/Smithtown-New-York-11787/Vested-Business-Brokers-Lowlife-cheats-Smithtown-New-York-681828. 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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