USA Card Services used high pressure sales to lie about what was being offered.
I signed up with USA Card Services in June, 2005. After being sucked into their scam, I hired two different, experienced web developers to help me decipher the "easy to get started" information provided. To this day my website is still under construction. I have stopped all use of anything USA Card Services or Colony 1 initially provided.
However, the biggest scam by far is the lease agreement.
Shame on me for signing an agreement, any agreement, from emotion and not using my business sense. However, how can anyone justify leasing equipment for a Point of Sell business (requiring a physical business location to use the equipment) when you are purchasing a service to start up an on-line, web based business (no physical location required)?
This one fact, the equipment lease agreement, is the clearest indication of the fraudulent practice of USA CARD SERVICES and GLOBAL TECH LEASING. Added to this the fact the lease is iron clad and non-cancellable for any reason. Why would a legitimate business need to insure you couldn't get out of a lease even for a legitimate reason? Answer: because they know everyone would cancel the lease once they realized YOU DON"T NEED POS EQUIPMENT FOR A WEB BASED BUSINESS!
LADCO Leasing and Colony 1 may or not be the bad guys here. I am told LANDCO bought my lease from Global Tech Leasing just days after I signed it. Therefore, I am believe they have their fingers in the pie as well. Although, once removed seems to give the employees the impression they are legitimate and untainted in this scam.
While I would like my money back ($5000 plus), and I would like to see justice done to all who participate in this scam. Mainly, I would like to stop the misery I have been trough from happening to anyone else. If anyone is up for a class action suite count me in.
Little Elm, Texas