ED Magedson – Founder
World Finance Group21800 Oxnard Street Woodland Hills, California USA
World Finance Group Axianta Financial Suck as much money out of you as they can Woodland Hills California
I joined this company because I was laid off a very good job I had of over 20 years. I was told it would cost $100.00 and that would cover everything, my training for the job, a background check, and the use of the office. That was the first lie! The lies or with holding of information continued until I was into over a thousand dollars and still had not made a dime. I asked how do I get paid and the answer I was given was "you have to go to inner circle class to find that out". Of course that is another $250.00.
I was told I need to get licensed to make money and it would be a discounted amount of $49.00, so I figured I am this far into this what's another $49.00. Well after I passed the online course I was then told I had to take another test, of course that was another $70.00. Wow I think I'm finished with fees. Oh no, once you pass the State test you have to get finger printed, another $75.00. Then you go home and apply for a license online with your confirmation number that you passed the test and that is another $140.00. (Remember the first 100.00 was suppose to cover everything). You are not done paying yet and you still have not made a dime.
The entire time you are learning the business and waiting for your license you do not earn any money while training, however you have to line up your people, your family and friends while you watch your trainer sale them products. Of course the trainer will hold back as much information from you as possible so he can get 100% of YOUR clients business. Once you get your license you think you are ready to start making money and you are told you have to get appointed with all the companies you will do business with. So I fill out the mountain of paperwork (15 different companies) and send it all to the home office. Well it was all kicked back to me because my trainer conviently forget to tell you need a couple more classes and yes there are fees that go alone with those classes. So I complete the 2 additional classes resend all the paperwork to 15 different companies AND find out now I have 2 monthly fees I have to pay whether I make money or not. These are E&O fees and office fees. Oh I forgot there is a charge for an elevator fee too.
Anyone can join this company even if you never worked a day in your life. I sat through so much training from my unqualified trainer who has been with the company almost 4 years (was not making any money) and this was his only job. I watched him give poor and would of been very costly advice to my friends and family, who I advised them not to move their hard working retirement to that company. They only care about comissions, you are told over and over that we are now your family and friends. I now know what that means, you sell your soul to the devil and lose your family and friends after you screw them. I told my trainer I have to be honest with people up front about the cost and what they have to do to make money and let them make an informed decision. My trainer told me if they knew they would not join. You have to recruit people to make money. No thanks my family and friends mean more to me than the big guy on top that acts like he cares because he gets a piece of it all.
This report was posted on Ripoff Report on 03/26/2014 01:09 PM and is a permanent record located here: http://www.ripoffreport.com/r/World-Finance-Group/Woodland-Hills-California-91367/World-Finance-Group-Axianta-Financial-Suck-as-much-money-out-of-you-as-they-can-Woodland-1133881. 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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