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Report: #677415

Complaint Review: Economic Freedom Corporation - Phoenix Arizona

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  • Reported By: Kaymobile — Albuquerque New Mexico United States of America
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  • Economic Freedom Corporation 5025 N. Central Ave.#412 Phoenix, Arizona United States of America

Economic Freedom Corporation EFC Total ripoff, scam to get your money, very deceptive in wording of what is required to make money Phoenix, Arizona

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I was contacted by telephone from a man who said he got my name as being someone interested in earning some extra money. He said his company worked with Mastercard/Visa and they tried to help small businesses get the best rate when processing credit card charges.

The man told me that I could become an affiliate with the company for only $495.00 and that I would email to their company the names and phone numbers of small businesses in the area where I lived. He said that for every business that converted over to their system, I would receive a certain % of every card that was swiped.

He asked for 5 businesses and said that someone would be calling the next day to talk with me further. I e-mailed 24 businesses and their phone numbers because I have lived in this area for a long time and know lots of people.

I asked for an e-mail confirmation to confirm that the company received my e-mails with the business names and phone numbers. I did not receive this and was concerned that they may not have received my e-mail.

The next day a man by the name of Michael Blanchard called me and said he was the chief operating affiliate director and that he would be my coach. I asked him about my e-mail and he assured me verbally that it was received.

He continued to tell me that their company was rated an A with the Better Business Bureau which I found out later was not true at all. Mr. Blanchard proceeded to tell me that after my initial investment, I would need to make a "surge" to push my business a little and that I would need to make a payment for either a platinum membership, a gold, silver, or bronze membership depending on how much money I wanted to invest, the lowest being $7500.00.

I told him I was not interested in making a further investment and would just stick with the merchant card services. He seemed quite annoyed and was beligerent in his tone with me. After that, I had no idea where I stood and if I was still considered an affiliate or what. There would also be a recurring monthly hosting fee of 24.99 which would be charged to my credit card. I have had no success in reaching the company to answer my questions. At this point, I realized I was dealing with what I considered to be a dishonest business and do not want to be a part of this type of team.

This report was posted on Ripoff Report on 01/01/2011 12:42 AM and is a permanent record located here: https://www.ripoffreport.com/reports/economic-freedom-corporation/phoenix-arizona-85012-1520/economic-freedom-corporation-efc-total-ripoff-scam-to-get-your-money-very-deceptive-in-w-677415. 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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