ED Magedson – Founder
Federal Financial Group292 East 12200 South Suite 200 Draper, Utah USA
Federal Financial Group FFG2 Lead misrepresentation, unethical Draper Utah
Company recruits new agents using this statement as the cornerstone of their Business: "we give you 6-10 free pre-set appointments each week to keep you in front of qualified clients instead of spending your time cold-calling trying to find someone to go see". Their presentation builds on this theme and quality of the leads.
During the closing of he presentation, the presenter switchs tune by providing two options to enter the business: Option 1 and Option 2 which are insidious ways of saying: you need to provide leads to get leads.
Also, buried in the contract is this statement "Marketing Representative may elect to participate in the sales lead program (“Lead Program”) established by FFG, pursuant to which Marketing Representative, upon payment of a sales lead generation fee, if any (i.e., which may be free and/or refunded if certain sales criteria are achieved according to FFG’s then existing policies and procedures), shall receive the names, addresses and other pertinent and available information of individuals, who are believed by FFG to have a possible interest in the purchase of Product (“Leads”). Marketing Representative acknowledges FFG makes no representations of any kind as to the quality of or probability of sale to any Lead and there is no guarantee that Marketing Representative’s participation in the..."
As you can see the statement in the presentation promises 6-10 pre-set leads and the contract promises contact information of individuals that may be interested and makes no representation to quality.
Be aware, the company takes no action to refund your $287 if you want to exit after E-signing the contract.
This report was posted on Ripoff Report on 03/01/2014 09:25 PM and is a permanent record located here: http://www.ripoffreport.com/reports/federal-financial-group/draper-utah-80149520/federal-financial-group-ffg2-lead-misrepresentation-unethical-draper-utah-1127608. 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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