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Report: #1006171

Complaint Review: Options Credit Services Canada Ltd. - Chilliwack British Columbia

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  • Reported By: Hinged But Angry — Chilliwack British Columbia Canada
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  • Options Credit Services Canada Ltd. 201 7134 Vedder Road Chilliwack, British Columbia United States of America

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Options Credit sells "branch offices" or "licenses" for $15,000.00.  The idea is that the company operates across Canada and needs a local presence in your city.  The pitch is based on all, or some, of the following features:

   1.  No cold calling or selling;



   2.  Expectation of revenue over $50,000.00 per year;  



   3.  Full training and support;



   4.  Options supplies internet and live telephone leads:



   5.  Your own website;



   6.  License Buy Back at full price after 12 months.


If this sounds to good to be true, trust your gut.  It probably is!  I have tracked down 16 licensees to date, spoke to most of them, and there are plenty of angry and dissapointed people out there. 

Most of the people I spoke to have the same story.  They pay the money, and get the training.  The leads during training look great, but the leads they actually receive are stale, and often don't have accurate contact information.  Nobody I spoke to ever received a live telephone lead.    Of every licensee I spoke with, not a single person said they successfully signed up a client using the leads they received.  After a couple of months the leads dwindle and eventually dry up completely.

The people who bought a license early on did get the website, but these soon dissapeared, nobody who signed on during the past year seems to have gotten a website at all. 

The licensee tries for a while, until they realize this is not working out as promised.  Suddenly Don no longer answers the phone or returns their phone calls.  Eventually, the licensee puts up their hands and says I've lost my money but I'm too embarrissed to do anything about it or they file a lawsuit.   If they file a lawsuit they eventually get a judgement but Don tells the court that Options Credit is insolvent, so he can't pay the judgement.  Nobody I spoke to was successful in getting their money back after the one year was up as promised. 

Here are a few facts you need to know about Don Antle and Options Credit:


    1.  Don Antle had business dealings with some pretty famous fraudsters in the past.  Do some research on Gary Moss and Hal McLeod.  He's been associated with both of these guys in previous businesses.


   2.  Don Antle was charged with operating one of the largest grow ops in BC history.  These charges were dismissed but you should read the news stories about this and draw your own conclusions.  


   3.  Don Antle has been sued by at least one investor in Options Credit, at least three licensees, and at least one customer.  There are also plenty of lawsuits regarding former businesses and other personal dealings.   

Before you pay $15,000.00, do some research of your own about Don Antle and Options Credit.  Here are some good places to start:


   1.  Search Don Antle and Options Credit on Ripoff.com.  There are now at least three postings up from licensees who lost their money;


   2.  Go to the Justice Department Website in BC.  Search for Don Antle, Karen Antle, and Options Credit under their civil search section.  The link is below.  You can see names for free, but you'll need to pay 6.00 each to view the documents.  You can view them all for much less than $15,000.00, and they make for some interesting reading. 

https://eservice.ag.gov.bc.ca


   3.  Google "Don Antle Grow Op" and read the news stories that come up. 


   4.  Go to the link below and read about another scam Don was implicated in.  Pay particular attention to his partners here, and do some research on them.  Remember when your mother used to say "birds of a feather flock together."

http://www.fic.gov.bc.ca/pdf/enforcement/trust/20031128ts.pdf

If you're still interested in buying a license after you've done the due dilliegence I've suggested, I wish you the best of luck.  I'm no expert, I'm just a guy who lost some money, and didn't make a dime.  Maybe you'll get rich, anything is possible!
  

This report was posted on Ripoff Report on 01/30/2013 01:01 PM and is a permanent record located here: https://www.ripoffreport.com/reports/options-credit-services-canada-ltd/chilliwack-british-columbia-v2r-4g4/options-credit-services-canada-ltd-options-credit-canada-ltd-worthless-1500000-licens-1006171. 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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Updates & Rebuttals

REBUTTALS & REPLIES:
0Author
3Consumer
2Employee/Owner

#5 REBUTTAL Owner of company

Sorry Not Possible

AUTHOR: Don Antle - (Canada)

POSTED: Wednesday, February 06, 2013

This is Don Antle President of Options Credit Canada. The post regarding the 20% is in error regarding our company. We do not charge 20% our flat fee is 15% which is explained, debated and rationalized in great detail in the accompanying thread to this. 20% is an illegal fee tariff in British Columbia.

The thread OP likely was responsible for this erroneous entry. It has his trademark anonymity, although he foolishly did out himself in an email to one of our Licensees, a mistake he will be soon seriously regretting.  It also attempts to exaggerate or simply play fast and loose with the facts another hallmark of his hatchet campaign.

If I am wrong I apologize to the poster but again, you are not required to pay 20% to any Debt Management company operating out of British Columbia. If I were you I would definitely take it up with them.

I have supplied my full contact information in the thread tangential to this one. I remain available to anyone that wishes to discuss any issues of any kind that have had with our company. Thank you.



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#4 Consumer Comment

Royal Rip Off

AUTHOR: hotguy1 - (Canada)

POSTED: Tuesday, February 05, 2013

Hey you guys quit your wining about licences and stuff. How about guys like me who got royally ripped off by these *%^## swindlers. Ripped off over 20% on my debt payments just for sending in my %#8^%money to Visa.

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#3 Consumer Comment

Options Credit worked fine for me

AUTHOR: Dorder - (Canada)

POSTED: Tuesday, February 05, 2013

I don't know what happened to this guy but he seems really angry.  I used Options Credit Canada to help me and my guy I guess was a licensee too, and was great. The service worked like it was supposed to and was really easy for me to understand. My debt load is pretty much gone and Im back on track.

Maybe this guy wasn't that good at it and that's why he didn't make so much money?

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#2 UPDATE EX-employee responds

Beware The Evil Sicko

AUTHOR: Ron - (Canada)

POSTED: Monday, February 04, 2013

The true "coward" here is Don Antle who continues to troll the internet seeking honest, unsuspecting people to suck into his slick scam. He has left a sad legacy of ripped off lives ... don't become another victim!!! Here is a recent example of his carefully crafted promotion on Kijiji Calgary:

http://calgary.kijiji.ca/c-buy-and-sell-business-industrial-Change-Lives-Build-A-Great-Home-Based-Business-W0QQAdIdZ418379713

He posts on Craigslist, UsedVancouver, and Kijiji and has been active recently in BC, Alberta and Ontario. Watch out for scam "Licensee" agreements and "Branch Office" opportunities. This guy is quite slick and convincing having honed his skills for years in credit card scams and the illegal drug world. He particularly likes to scam recent immigrants and people who struggle a bit with English. 

If you have already been scammed, please contact your local RCMP. Don't let your case just drop... that is exactly what this scammer wants. Justice may be slow but we will eventually get this guy out of business and off the streets.

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#1 REBUTTAL Owner of company

Same Old Lies

AUTHOR: Don Antle - (Canada)

POSTED: Thursday, January 31, 2013

I am not going to spend a lot of time rebutting the same lies referred to in another thread by the same poster. Any coward that comes on to this iste, hides behind the Internet and makes allegations without the need to back them up in the real world is not worth paying attention to. This is the same nonesense-read the other thread.

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