• Report: #18429

Complaint Review: World Traders Association

  • Submitted: Mon, April 08, 2002
  • Updated: Thu, January 02, 2003

  • Reported By:phila pa
World Traders Association
500 N. Rainbow Blvd., Suite 300 Las Vegas,, Nevada U.S.A.

World Traders Association ripoff ripped off and scammed, training sucked, no support las vegas, Nevada

*Consumer Comment: Nothing Free In The Land Of OZ

*Consumer Suggestion: I'll give it to you for free...

*Consumer Comment: THE TRUTH

*Consumer Comment: I'm The Real Deal, Put Out The Fire

*Consumer Comment: "Business Opportunity"....? So F***ing what?

*Consumer Comment: "Business Opportunity"....? So F***ing what?

*Consumer Comment: "Business Opportunity"....? So F***ing what?

*Consumer Comment: "Business Opportunity"....? So F***ing what?

*Consumer Comment: What is REAL?

*Consumer Comment: Head In The Sand

*Consumer Comment: Head In The Sand

*Consumer Comment: Head In The Sand

*Consumer Comment: A Mind Is A Terrible Thing To Waste

*Consumer Suggestion: Here's to Joseph!

*Consumer Comment: Put " Up " or No Rebut

*Consumer Comment: No Name Game

*REBUTTAL Owner of company: We are deeply troubled by the recent postings

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Initially, these guys seemed very professional. The "extensive hands-on training" they promised consisted of my designated 'TRAINER" reading to me over the phone, word for word, the text of the training manual which they sent me.

The training sucked, the follow-up support was piss poor. I spent over 10K purchasing the program. installing fax and phone lines, and paying for long distance calls. Not to mention the considerable time I spent making phone calls.
they did provide me with leads, which I think they got from the Yellow pages. They also provided me with suppliers for closeout merchandise, many were out of business. They promised to provide quality closeout merchandise to sell to the customers which I would generate from thier "leads". Most of it was off-brands and way overpriced by the time they added thier profit to the price.

My trainer told me, after my "training", to email her if I needed any support. She also said she would honor requests for new leads within 24 hrs, by fax. Gradually, responses to requests for new leads were responded to twice a week. sometimes these were merely duplicates of leads which I had already recieved.
I thought that I would be nurtured and helped to learn this new skill. The terse one-line responses to my requests for information and encouragement didn't meet my expectations of the term "unlimited ongoing support". This was the worst mistake I ever made, and I would discourage anyone from getting involved with this group. They may follow "the letter of the law", but the product they provide sucks, bigtime.

sam
philadelphia, Pennsylvania

This report was posted on Ripoff Report on 04/08/2002 06:06 PM and is a permanent record located here: http://www.ripoffreport.com/r/World-Traders-Association/Las-Vegas-Nevada-89107/World-Traders-Association-ripoff-ripped-off-and-scammed-training-sucked-no-support-las-v-18429. 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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0Author 16Consumer 1Employee/Owner
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#1 Consumer Comment

Nothing Free In The Land Of OZ

AUTHOR: Joseph - (U.S.A.)

Thank you very much Fraud Chick for the useless information you provided everyone using this forum.



I will keep in mind that nothing in this world is free, especially when using the internet.



Information on how to stop the likes of WTA is what those whom have been duped need. Surely not additional information that combined with the lost $6950.00 of those so duped that would'nt get anyone a cup of coffee.



I Thank the good Lord that I did'nt fall prey to the likes of WTA. I also thank the good Lord for the Rip-Off Report site that gave me the information I needed to see whats really up with WTA.



Please lets stick to what we know is free. The Rip-Off Report and the very first e-mail sent on WTA.



I myself would appreciate if you the Fraud Chick would send real advice that is really free as to where these poor souls that have been duped can go to try and re-coup their lossesin a "free" manner.



Of course we all know that will not be done. Since we all know that except for the people here at the Rip-Off Report, nobody gives anything away for nothing.



Faceit, Fraud Chick, everyone looks out for number one and there is always a personal agenda.



I myself have the agenda of wanting the truth about WTA and if they are really anything close as to what they advertise.



I doubt it very much!!!
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#2 Consumer Suggestion

I'll give it to you for free...

AUTHOR: TheFraudChick@aol.com - (U.S.A.)

The liquidation business is a cottage industryliquidators fold as fast as they begin. Don't pay WTA any money; I'll give you the information for free:



The best types of liquidation to get into are:



1. Overstock from manufacturers, and

2. Returns from retailers.



There are requirements when you enter into contracts with retailers, distributors or manufacturers. You must be prepared to meet these requirements before you enter into any agreement. In other words, be careful what you ask for, you just may get it.



Some requirements:



1. Defacing: remove all evidence of retailer name.

2. Demographic agreements, may not sell within do many miles of the retailer or manufacturer.

3. Time Constraints: Manufacturers require that you hold merchandise for a certain date before you can sell. This is so you don't undermine the agreement they have with their retail customers.

4. Insurance: Usually up to 2 million dollars.



You get the idea.



You don't need WTA; have an eBay account and a big garage? You're ready to barter!



Do a web search and contact manufacturers like 3M, Gitano, etc. Contact retailers like Kmart, Target, Sears for returnsbuy by the pound. You certainly don't need WTA to do this. If WTA was so good at that business they'd be doing nothing but that business rather than creating competition for itselfever think of that?



Want some ideas? Go to eBay and key in search term liquidation.



Good Luck,
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#3 Consumer Comment

THE TRUTH

AUTHOR: Adolf - (U.S.A.)

Adolph, I would assume that you trying to be helpful...and not one of these people who have a hidden agenda (or just a little nuts).

FYI...There are 27 states that all business opportunities must register in and give full disclosure documents to their prospects the same as a franchise. I would suggest you and all others that are interested in any business opportunity buyer contact the attorney general in your state to find out what the criteria is for your state. And then if your state does require registration and a disclosure, contact the business opportunity and see if they send you a disclosure prior to giving your money...



And next time, Adolph, you do your due diligence before posting something. Don't speak what you know nothing about!
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#4 Consumer Comment

I'm The Real Deal, Put Out The Fire

AUTHOR: Joseph - (U.S.A.)

As has been stated recently, I am not a member or an affiliate with WTA.



I am not trying to hold them hostage as such to a free membership or affiliate position.



What I was trying to do, just like most of us honest people trying to work hard for what we want is to make WTA accountable to the hype and $6950.00 price of doing business with them.



Anyone suggesting anything other than that seems to me to maybe have something at stake other than looking for a place to gather information.



It is clear that someone via this site feels that they have been ripped off. This interests me, since as I have said, I also wanted to take advantage of a opportunity such as WTA, if and only if they are all that they claim to be.



My intention was to get to the truth. Is that not what this site is for. I did offer and do offer WTA payment for their opportunity if I in addition to my hard work benifit from a plan detailed exactly as they (WTA) advertise.



Of course all of this is moot at this point because WTA has not contacted me and I also have been contacted thru my e-mail address by several other individuals who also believe WTA ripped them off also.



Bottom line, I do not even want a free opportunity to check out anything WTA has to offer.



Ever hear the old saying, " where there is smoke, there is fire".



Well there definately is to much smoke hear.



Good luck to anyone who wishes to gamble $6950.00 of their hard earned money.



I myself will continue to look for another opportunity.
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#5 Consumer Comment

"Business Opportunity"....? So F***ing what?

AUTHOR: Adolph - (U.S.A.)

From the "World Trader's" web site:



"Please Note - World Traders Association is a Business Opportunity, not a Franchise Opportunity. Please contact us for complete details."



Of course they're not a "franchise". Franchises must be registered in many states before solicitation of potential franchise holders can be made. A franchise must make a full finincial and legal disclosure of their current conditions and past history. Corporate officers are identified.



Absolutely ANYONE can offer a "business opportunity". Anyone offering such is accountable to NO ONE! A "business opportunity" is to a "franchise" like a sidewalk shell game to a storefront merchant. Just be aware, however, not all storefront merchants.....errr, I mean franchises are honest either. They are, at least, more easily pinned down,identified and more easily held accountable if / when trouble arises.



"Business Opportunity"? Uhhhh....what corner are they set up on today? Oh darn! I meant "shell game", sorry.
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#6 Consumer Comment

"Business Opportunity"....? So F***ing what?

AUTHOR: Adolph - (U.S.A.)

From the "World Trader's" web site:



"Please Note - World Traders Association is a Business Opportunity, not a Franchise Opportunity. Please contact us for complete details."



Of course they're not a "franchise". Franchises must be registered in many states before solicitation of potential franchise holders can be made. A franchise must make a full finincial and legal disclosure of their current conditions and past history. Corporate officers are identified.



Absolutely ANYONE can offer a "business opportunity". Anyone offering such is accountable to NO ONE! A "business opportunity" is to a "franchise" like a sidewalk shell game to a storefront merchant. Just be aware, however, not all storefront merchants.....errr, I mean franchises are honest either. They are, at least, more easily pinned down,identified and more easily held accountable if / when trouble arises.



"Business Opportunity"? Uhhhh....what corner are they set up on today? Oh darn! I meant "shell game", sorry.
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#7 Consumer Comment

"Business Opportunity"....? So F***ing what?

AUTHOR: Adolph - (U.S.A.)

From the "World Trader's" web site:



"Please Note - World Traders Association is a Business Opportunity, not a Franchise Opportunity. Please contact us for complete details."



Of course they're not a "franchise". Franchises must be registered in many states before solicitation of potential franchise holders can be made. A franchise must make a full finincial and legal disclosure of their current conditions and past history. Corporate officers are identified.



Absolutely ANYONE can offer a "business opportunity". Anyone offering such is accountable to NO ONE! A "business opportunity" is to a "franchise" like a sidewalk shell game to a storefront merchant. Just be aware, however, not all storefront merchants.....errr, I mean franchises are honest either. They are, at least, more easily pinned down,identified and more easily held accountable if / when trouble arises.



"Business Opportunity"? Uhhhh....what corner are they set up on today? Oh darn! I meant "shell game", sorry.
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#8 Consumer Comment

"Business Opportunity"....? So F***ing what?

AUTHOR: Adolph - (U.S.A.)

From the "World Trader's" web site:



"Please Note - World Traders Association is a Business Opportunity, not a Franchise Opportunity. Please contact us for complete details."



Of course they're not a "franchise". Franchises must be registered in many states before solicitation of potential franchise holders can be made. A franchise must make a full finincial and legal disclosure of their current conditions and past history. Corporate officers are identified.



Absolutely ANYONE can offer a "business opportunity". Anyone offering such is accountable to NO ONE! A "business opportunity" is to a "franchise" like a sidewalk shell game to a storefront merchant. Just be aware, however, not all storefront merchants.....errr, I mean franchises are honest either. They are, at least, more easily pinned down,identified and more easily held accountable if / when trouble arises.



"Business Opportunity"? Uhhhh....what corner are they set up on today? Oh darn! I meant "shell game", sorry.
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#9 Consumer Comment

What is REAL?

AUTHOR: Luna - (U.S.A.)

Just what is your agenda? And Why. You state that you are not a member or affiliate of World Traders and it sounds to me like you are basically black mailing them into giving you a membership to their company. It is sad to see that this site will post anything. I was really hoping for a site where I g=could get a little more trust worthy info.
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#10 Consumer Comment

Head In The Sand

AUTHOR: Joseph - ()

As a concerned consumer I have sent several e-mails to this website with suggestions as to how WTA could prove that the claims made here at The Rip-Off Report were false.



To keep everyone concerned (those who have been or are currently involved with WTA) updated, I have not to date been contavted by anyone from the offices of WTA.



Although this (non-response) certainly dose not make WTA guilt of these claims made here. It would seem to me that WTA at this time is not a home business that it would be wise investing $6950.00.



My sympathy goes out to those of you who were taken in by this company.



Its a darn shame that the laws in this Country can't or won't be used to stop rip offs of this sort on decent people who only want to better themselves in these hard times.
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#11 Consumer Comment

Head In The Sand

AUTHOR: Joseph - ()

As a concerned consumer I have sent several e-mails to this website with suggestions as to how WTA could prove that the claims made here at The Rip-Off Report were false.



To keep everyone concerned (those who have been or are currently involved with WTA) updated, I have not to date been contavted by anyone from the offices of WTA.



Although this (non-response) certainly dose not make WTA guilt of these claims made here. It would seem to me that WTA at this time is not a home business that it would be wise investing $6950.00.



My sympathy goes out to those of you who were taken in by this company.



Its a darn shame that the laws in this Country can't or won't be used to stop rip offs of this sort on decent people who only want to better themselves in these hard times.
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#12 Consumer Comment

Head In The Sand

AUTHOR: Joseph - ()

As a concerned consumer I have sent several e-mails to this website with suggestions as to how WTA could prove that the claims made here at The Rip-Off Report were false.



To keep everyone concerned (those who have been or are currently involved with WTA) updated, I have not to date been contavted by anyone from the offices of WTA.



Although this (non-response) certainly dose not make WTA guilt of these claims made here. It would seem to me that WTA at this time is not a home business that it would be wise investing $6950.00.



My sympathy goes out to those of you who were taken in by this company.



Its a darn shame that the laws in this Country can't or won't be used to stop rip offs of this sort on decent people who only want to better themselves in these hard times.
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#13 Consumer Comment

A Mind Is A Terrible Thing To Waste

AUTHOR: Joseph - ()

Dear Joseph,



I will start by thanking you for pointing out my spelling errors and finsh by stating that the purpose of this website is to ensure consumers have a place to voice there outrage against rip-off artists who take advantage.



My letters are not and were not an attempt to get anything for nothing.



The fact is I also am very low on funds and have approximately just enough to start a venture of this magnitude. My letters were intended to the owner of an Company which showed up on a website which has put in question their business practices.



Your comments seem to lean toward suggesting that I have pulled some sort of rip-off myself.



You are WRONG!



Simply put, I would be a fool to fork over $6950.00 without checking on a company first. My check unearthed the claims at this website.



Yes, I am very clever, as you state, and being clever I would never give WTA or any other company the opportunity to be one up on me.



Finally, my e-mail address is joe-razz@iwon.com if you decide you have any further comments best suited in another forum.
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#14 Consumer Suggestion

Here's to Joseph!

AUTHOR: Joseph - ()

Hi Joseph,

You are terrific. I would contact you directly but you remain anonymous and I have no way to reach you. As you say "the perfect solution for you" would be the perfect solution for me as well.



I have wanted to a membership with WTA for a couple of months, but I do not have the money. Will you try to get a free one for me, along with your free one? I am not anonymous; you can reach me at mrsanibal@yahoo.com. And if they say no to your shrewd request, try to get a free one from any of the other 4000 franchises and business opportunities. You can use the same credible story. Let me know which ones fall for your manipulation. (It sounds to me as though you have come up with a genius idea to get something for nothing).



Incidentally, I don't mean to be disrespectful, but you have misspell a few words:

Disatisfaction, bussiness (four times), supplt and in your haste you missed the correct cost of their business opportunity, which is $6,950.



Also, I am curious, why did you capitalize, Home, Bussiness, Run, No and Cost? In all sincerity, I am surprised you are not a multi-millionaire with your great mind.

I look forward to hearing from you.

Your partner in shrewdness,
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#15 Consumer Comment

Put " Up " or No Rebut

AUTHOR: Joseph - ()

I have been following the claims of disatisfaction with WTA by a purchaser of their Home Bussiness program.



It seems to me that WTA was very quick to rebut the claims that there company is not all that it is advertised to be. That is fine but a rebutal still will not get to the bottom of whether WTA is all that it claims.



I am interested because I would like to start a home bussiness but cannot afford to be ripped off.



The perfect solution for me and WTA is that they WTA can supplt me with a test Run of their bussiness and support. If they are all that they claim, I can report the positive manner that they do bussiness.



With this plan WTA loses nothing. A No Cost affiliate position in their company would cost them the $6995.00 they charge. This is nothing next to the promotional advantage they would recieve from me if they are all that they claim. Also WTA should not worry about losing anything if they are all that they claim because after the training and suppot they would give me they would more than profit from my becoming an affiliate.



So, bottom line, put UP!
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#16 Consumer Comment

No Name Game

AUTHOR: Joseph - ()

As someone deeply concerned over the postings to this site involving WTA, I would like to remind the rebutal poster.



The nature of The Rip Off Report and the proceedures that they use makes it impossible to send in reports without supplying a name, address, phone, ect.



If the complaint was a mean spirited attempt at hurting WTA through unfounded accusations, I would like to see proof that WTA is everything they claim.



I personally have seen WTA's informational package and all the claims they make. The whole bussiness plan seems quite impressive if actually provided as outlined in WTA's promotional material. I was quite interested in the bussiness until I saw the posting on this site.



I am in hopes that WTA will take me up on the suggestion I posted last evening, which would be benificial to both WTA and myself if WTA is everything they claim to be.
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#17 REBUTTAL Owner of company

We are deeply troubled by the recent postings

AUTHOR: Richard - ()

Dear Chat Board Community



We at World Traders Association are deeply troubled by the recent postings by "Sam" concerning our company. The first thing that we would like to point out is that the negative postings are made by persons who refuse to identify themselves, which leads us to believe that they are a competitor, who simply wishes to damage the reputation of our company in an attempt to eliminate competition for their venture.



One of our greatest rights as Americans is to confront people who accuse us of wrongdoing. Unfortunately, in the Internet domain, persons can sabotage businesses and hide behind a computer monitor and an alias name. This is a common practice on many chat boards where stocks are bashed or promoted so that hackers can reap private gain.



We are very proud of our business and reputation. We will answer questions, accusations and statements from real people, who list their name, address, telephone number, and a valid e-mail account. We will not, however, respond to anonymous posters.



To the anonymous poster, we wish to convey that we are in the process of discovering who you are, and will ultimately confront you, the American and just way, in a court of law.



Richard Petitt, Esq.
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