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Report: #1107360

Complaint Review: Advisory World Group - Torrance California

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  • Reported By: Bruce H — Venice Florida
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  • Advisory World Group 6230 Wilshire Blvd # 67 Los Angeles, CA 90036 Torrance, California USA

Advisory World Group- Mark Sugarman WATCH OUT INSURANCE AGENTS AND FINANCIAL ADVISORS!! AWG took $3,500 from me with the promise of pre-set appointments. Cashed my check at check cashing location in Southern Ca. Booked ficticious appts including one with a person that was deceased! Contact Attoney General and filed small claims suit. Can't locate principal Mark Sugarman- All know business addresses are retail mail box locations. Torrance California

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I was cold called by sales rep "Matt" in September 2103 with Advisory World Group.  He told me that they were offering pre- qualified"pre-set" annuity and life insurance appointments for insurance agents and investment reps. He explained that the company had lists of individuals in my area that had annuities coming due. He claimed his company had a relationship with some IMO's that they had purchased the list of names from. I was promised an appointment name, telephone number, and dollar amount prior to the appointment.

The offering was $3.500 for 100 appointments or $5,000 for 200.  I overnighted a check to the Torrance address that was provided to me and listed on their website. He told me the Sales manager Victor Hamiliton a/k/a Mark Sugarman (I did not find out his real name until after the fact) would contact me to set up my appointments schedule and to get a professional profile from me. Victor said they will schedule 1-2 appointments within a 30 mile radius of my business and that they age range is 50-75 years old.

This did not happen.  When I showed up at the door for the first appointment.  The lady was 85 years old with day care help in her home and had no idea why I was there. The second day they sent me to another appointment where I was turned away at the door. The next day I was told by the person who answered that the individual had beed deceased for several years. I immediatly knew I had been taken. I contact Victor (Mark) and asked for a refund.  He said he would have to set up a payment plan. Obviously, he never made a payment. 

I have contacted the Attorney General in California.  I have filed a small claims lawsuit as well. As we speak, I am trying my best to find him to have a "process serverer" serve him for court date in January 2014. Every location he has used is a retail mail center. Icannot locate a physical business address. I even paid the State of California to see the location listed for his fictious name registration. Once again, a mail box.  He has mail box locations in Los Angeles, Beverly Hills, and Torrance, CA.

I have kept all my documentation.  if you want to see any of it, or want additional information please email me at (((email redacted))).

This report was posted on Ripoff Report on 12/16/2013 08:53 AM and is a permanent record located here: https://www.ripoffreport.com/reports/advisory-world-group/torrance-california-90505/advisory-world-group-mark-sugarman-watch-out-insurance-agents-and-financial-advisors-a-1107360. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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