A well organized scam massive losses per agent. This has been going on for a decade, they change names and locations. The personal agent losses range from $399 to $2500, 7K, 10K to 50K plus. No profit, service or product is given. This company is not licensed as a credit card or financial underwriter so it has has an F rating by the BBB. The whole scheme is to stall you for 120 days so the agent can not charge back their purchase of the suppossibly web based turn key business. The owners use fake names but the real names are Cordelle Bess and Luke Wilson. VSN web services or Moneynow funding.com or now as of (Dec 14th 2012) AEOfunding.biz international. Physically located at 4220 N 19th Ave, Suite 207 Phoenix AZ 85015 and Legal Doxs 3507 North Central Ave #403 Phoenix AZ 85012,(email@example.com) or (Leary711@gmail.com) Ron Hobbs & Associates or McIntrye 2323 East Van Buren Street Phoenix, AZ, 85006, Montgomery Mkt 6565 West Bethany Home Rd #207 Glendale AZ 85031 AEOfunding.biz was refused an LLC by the AZ corporation commission so moved to the UK address.
A high pressure sales representative calls to present a lucrative home based business. Spoofing, it looks authentic (they stole the trade name of Global Check and 1stMerchantFunding's live video the legitamite companies sued MNF and both have since Oct 2012 been removed) So from the interactve website one can sell merchant accounts to businesses and receive a service fee on cash advances. This turn key business costs The fronters warm you up to purchase leads and advertsing for your personal web site. Numerous scammers call after that as MNF gave our private information out to affiliates.