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Ripoff Report | Wealth Systems Inc. Review - Phoenix, Arizona
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Report: #41054

Complaint Review: Wealth Systems Inc. - Phoenix Arizona

  • Submitted:
  • Updated:
  • Reported By: Erlanger Kentucky
  • Author Not Confirmed What's this?
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  • Wealth Systems Inc. 4500 N. 32nd St. Suite 109, Phoenix, Arizona U.S.A.

Wealth Systems, E-Commerce Exchange, E-Commerce Network rip-off scam bogus Company Phoenix Arizona

*Author of original report: ALL THEY CARED ABOUT WAS GETTING MY MONEY!.

*UPDATE Employee: We have tried to work with Mike.

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They offered an online bussiness opportunity that said I could earn money,two ways!. First by bringing more Web-Brokers into the program ($200 each person),second by selling books online, I would recieve $20 for each book sold.

Their were serious Issues from the beginning of the program, but they have totally ignored me, and my complaints,They refuse to send me a refund!.It is if I don't exist!.

Major Issues are as follows False,Misleading Advertising Deceptive sales tactics, and Disclosure problems,Also compliance issues.

Michael
Erlanger, Kentucky
U.S.A.

This report was posted on Ripoff Report on 01/11/2003 11:16 AM and is a permanent record located here: https://www.ripoffreport.com/reports/wealth-systems-inc/phoenix-arizona-85018/wealth-systems-e-commerce-exchange-e-commerce-network-rip-off-scam-bogus-company-phoenix-41054. 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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REBUTTALS & REPLIES:
0Author
2Consumer
0Employee/Owner

#2 Author of original report

ALL THEY CARED ABOUT WAS GETTING MY MONEY!.

AUTHOR: Michael - (U.S.A.)

POSTED: Saturday, February 08, 2003

Who do these people think they are any way!.

They will not respond to the Better Business Bureau about my complaint,They have several complaints against them with the ,F.B.I. in Phoenix, Az,I have gotten no reply with my complaints with the Attorney Generals Office of Arizona,The postal Autorities in Chicago, IL, also have several complaints against them.

In the brochure they sent me, they said I would be up and running making money in a few short days,that their advertising was cheap,( I found advertising on the internet that was over 16
times cheaper than they were) also, I recieved no reports on how I did with the search engine submissions I paid $1585.00 for, to get 2 years of submissions,(once per month) when you submit
to the search engines,you have successes and failures,I recieved no report on the results!. They should be made to put a disclaimer
in their advertising!.

I also paid $500.00 to have them send or blast my site to 10,000 e-mails, I recieved no confirmation that this was done or what the results were!.Also it is to be noted that they kicked me out of their progam and did not give me any restitution.Now! let them respond to THIS!. They have not tried to work with me at all!.
ALL THEY CARED ABOUT WAS GETTING MY MONEY!.

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#1 UPDATE Employee

We have tried to work with Mike.

AUTHOR: Jay - (U.S.A.)

POSTED: Thursday, February 06, 2003

This is a Home Based Business Opportunity. This was explained to Mike on the very first call. We tape all of our conversations and Mike willingly agreed to pay for the program and willingly gave us his billing information without being mislead about the opportunity in any way.

If the representative he spoke with did mislead Mike in any way, we would have caught that in the Quality Assurance Department, pulled the commision from the Sales Rep, called Mike back, and would have had to re-explain the opportunity to him. That was not the case.

We designed and set up Mikes web-sites, as promised. Mike's end of the bargain was to Advertise his new business and we would handle all the talking and all the selling with the leads he generated with his advertising.

I don't have the exact numbers in front of me but Mike either didn't generate any leads for us to sell, or the number of leads that he did generate didn't create the income that he was hoping for.

This is a home based business. Some of our clients are doing very well with this program. Some of our clients aren't.

Wealth Systems, Inc (WSI) makes money every time one of our customers make money. We work very hard in helping our clients succeed because it is also in our best interest that they succeed because we make money along with them. Because of this, we also work with our customers in providing them with free advice from advertising coaches.

We did not ever tell Mike there was a money back guarantee. This is a business and going into any business is a risk. We are also not happy that Mike didn't end up making any money, that means we are also not generating any money off of the websites we built and host for him. Hosting websites costs money and we don't charge monthly maintenance fees like many other companies. We pay for our clients websites through the revenue they generate for us.

We sincerely wish Mike hadn't decided to toss in the towel on this opportunity but that was his decision, not ours.

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