ED Magedson – Founder
Infinity 2 Global1402 Frederica St Owensboro, Kentucky USA
Infinity 2 Global Finance Ventures LLC Tech Entertainment LLC Flener's Tax and Accounting Rick Maike Capital Administrations LLC Corporate Agents LLC Corporate Agents Inc Wyoming Corporate Agents Wyoming Corporate Services Wyoming Corporate Services Inc Pyramid Scheme, Online Gambling Con, i2g Touch Social Media software Con Owensboro Kentucky
This company is an illegal pyramid scheme, they claim to make huge amounts of revenue from online gambling and a social media aggregator software product but the reality is that nearly all of their income comes from the sign up fees they charge people to join their scheme. Then after taking the victim's money they put the victims in a position to go out and recruit more sign ups to do the exact same to them.
They use the income they get from sign up fees to pay out big checks to their top line members and recruiters to entice people to sign up and find more sign ups, implying they make all that money with their online gambling and software. After signing up you find out the only way to make back your money is to recruit more people to be signed up like you are. That cycle continues, according to them they've been able to obtain $42 million in 10 months from 16 thousand people across the US and internationally (80% in the US) using video viral marketing on the Internet and social media as main tools for recruitment as well as local meetings where their recruiters live.
They ask for $5000 for their top tier compensation, $600 for the next lowest, then $400 for the next lowest, and finally $100 for the lowest, along with monthly fees after the sign up payment of $200, $75, $50, $25 respectively. The people who sign up for $5000 are given the first 12 months without having to pay the $200 a month. Also people who pay the $5000 are asked to do so with only a cashiers check made out to a seperate company named Tech Entertainment LLC.
They also have many dummy corporations behind both Finance Ventures LLC and Tech Entertainment LLC all while presenting themselves as Infinity 2 Global which at the moment is not a corporation or business name at all. Their merchant account is charged as Infinity 2 Global on their victim's credit card.
They have a rep on Youtube named Larry Williams that has a video titled "How to make $10,000 in 14 days" that clearly lays out the evidence that i2G is a pyramid scheme. Though he mentions the online gambling and suggests that is where the income comes from, all he talks about is how to recruit people and have them recruit more people as being what someone who signs up should do. He tells people to target vulnerable people who are desperate for money to have them easily manipulated into signing up.
I personally witnessed the reps in the meeting I went to take nearly $15,000 from an elderly woman and laugh about it, knowing full well they were taking money from someone who beleived their lies in the form of 3 cashiers checks which they could cash and not have any liablity for.
This scheme is as vicious as any I've heard of and needs to be stopped ASAP, they have already discontinued the use of the Infinity 2 Global corporate alias and seem to be getting ready to skip out with people's money. Their actual company has a Status of Dissolving and Standing of Bad with the Kentucky Secratary of State. The person said to be running this company is Rick Maike and he is seen to be the executor that Robb W Flener represents in their filed documents. The people conducting the meeting I went to are Richard Anzalone and Dan Sylvester, Mr. Anzalone is one of the top recruitors and people in the company and says he is personal friends with Rick Maike.
Here is the link to the Larry Williams video on Youtube wehre he lays out how you make money with i2G which is all about recruiting people to recruit moe people each and all of you paying the membership fees. You get 10% of what your recruits pay to join while the comany makes 90% and redistributes that to people who signed up you while keeping the largest portion of everyone's sign up fees. Larry says things in this video like "don't worry where the money comes from to pay the commissions just recruit people who can pay at least $600 and recruit people also" he also lists the traits of the type of people to target with this offer, people who are in a bad position financially and will jump on this offer. He also says to dismiss people who are spectical of the offer while only focusing on people who have put "faith, trust, and belief" in what is being presented. Video Link - https://www.youtube.com/watch?v=7XpuMJvzMcA
Here is the video I made on Yourtube exposing this - https://www.youtube.com/watch?v=MSUnsdrgmPg
The main issue is to not fall for it and tell people that, but if you do (and they are good con-artists and get someone that you trust to work on you) you have 30 days to ask for a refund and get your money back, also if you pay with a credit card dispute the charge right away and work the refund from both ends. If you send the cashiers check in ask for the refund and ask them to not cash the check but return it to you right away, I had to leave them a message saying I would contact law enforcement if they didn't respond to me since they were ignoring my trouble tickets for a few days. They of course will not mention in the presentation about the 30 day refnd policy. Put if they do pull up their stakes and skip the country the only wa to stop them is to get law enforcement, the FBI, and bank fraud agencies on the case by calling the State Attorney General's office in Kentucky, Wyoming, and your State to track them down and Robb W Flenner to get the bank account information and freeze the assets. You can also sue the people that signed you up for commiting a fraud or being grossly negligent in vouching for a company to the point of taking money from you while never vetting the company completely. You can sue them all personally in small claims court one by one all the way up the pyramid chain, from the presenter to Rick Maike and the person that brought you to the meeting until you recover all your money plus damges like time loss and emotional distress. Sue people that are promoting it online also like Larry Williams on Youtube, they are committing the crime of fraudulent inducement. Having the chain of phony corporations these guys registered in Wyoming will help you to sue them as they try to hide the money in other corporate accounts.
Here's Larry's business information to name him in a law suit and get your money back. Download all his i2G videos on Youtube to present as evidence of his fraudlent inducement. Work with law enforcement to see if he can get arrested so you can serve him the law suit papers while in jail so he can't avoid getting the papers and the correctional officers can sign off that he recieved them.
Team Global Wealth, Inc.
7512 Dr. Phillips Blvd Suite 50-184 Orlando, Florida 32819
Phone - 1 (407) 202-2372 Email - TeamGlobalWealth@aol.com
This report was posted on Ripoff Report on 07/14/2014 12:54 PM and is a permanent record located here: http://www.ripoffreport.com/reports/infinity-2-global/owensboro-kentucky-42301/infinity-2-global-finance-ventures-llc-tech-entertainment-llc-fleners-tax-and-accounting-1161905. 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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