Complaint Review: NAF Funding, Now And Forever Funding - New York New York
- NAF Funding, Now And Forever Funding 105 Madison Avenue New York, New York U.S.A.
- Phone: 646-424-2800
- Web:
- Category: Brokerage Companies
NAF Funding, Now And Forever Funding BAIT & SWITCH BOILER ROOM RUN BY JESSE ISAACS New York New York
*UPDATE EX-employee responds: Poor employee who couldn’t cut it.
*UPDATE Employee: Didn't Make the Grade
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NAF Funding run by Jesse Isaacs has a wonderful strategy, although totally illegal and morally reprehensible, to maximize their profits. They hire groups of salespeople every 3 months under the promise that they would have to work the first two months for $300 a week then receive $45K - $55K a year plus commission and health benefits. Every advisor makes hundreds of calls and creates several settlement deals along with an enormuous number of contacts.
After 2 1/2 months they eliminate the base salary, benefits and change the commission structure to 25% - 28% of the gross profit. The entire marketing team's salary is eliminated. They provide almost nothing and after the switch and receive 75% of the revenue.
Within several days of my salary elimination all of my accounts, deals in processing and contacts I was forced to program into their LEADS 360 database were erased. My last 2 paychecks weren't delivered. No return contact from Jesse Isaacs.
In addition to their employees they also promise to split the commission with their client's financial advisors and seldom split 50 - 50 as they promise.
NAF is an orthodox Jewish owned company, the Lowinger family. The only people who weren't screwed were actually all Jewish yamika wearing employees. In fact, there are other articles written by prominent publishers concerning the mistreatment of non-jews by their own family, http://nymag.com/nymetro/news/religion/features/4163/. This family has mastered the art of screwing people via bait & switch techniques.
If you are looking for a Life Settlement, a settlement broker or job please consider converting into orthodox Jewish before getting screwed by Now and Forever Funding. DO NOT WORK WITH NAF.
Nybroker
NY, New York
U.S.A.
This report was posted on Ripoff Report on 01/20/2009 02:58 PM and is a permanent record located here: https://www.ripoffreport.com/reports/naf-funding-now-and-forever-funding/new-york-new-york-10016/naf-funding-now-and-forever-funding-bait-switch-boiler-room-run-by-jesse-isaacs-new-yor-414128. 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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#2 UPDATE EX-employee responds
Poor employee who couldn’t cut it.
AUTHOR: JKI - (United States)
SUBMITTED: Saturday, April 18, 2020
Once a champion of consumer rights, Ripoff Report has become a forum for disgruntled employees to vent. Whoa is the power of the internet. I am confident that any intelligent person reading this post will recognize it for what it is the rant of an ex-employee who didn't make the grade.

#1 UPDATE Employee
Didn't Make the Grade
AUTHOR: Employer105 - (U.S.A.)
SUBMITTED: Friday, January 23, 2009
Once a champion of consumer rights, Ripoff Report has become a forum for disgruntled employees to vent. Whoa is the power of the internet. I am confident that any intelligent person reading this post will recognize it for what it is the rant of an ex-employee who didn't make the grade.


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