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Report: #1520359

Complaint Review: Opulent Supply - Linden NJ

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  • Reported By: Anonymous — United States
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  • Opulent Supply 1057 Pennsylvania Ave Linden, NJ United States

Opulent Supply Inc Mike Krel Victor Spek Opulent Distribution LLC Opulent Investments Inc Opulent Investments They charged me $45,000 to setup and run Walmart/Amazon/Facebook automation stores Linden NJ

*Author of original report: Have we already spoken?

*General Comment: Keep the info coming

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Colin Yurcisin is the sales/marketing guru for Opulent. He has a large social media following and they use him to sell their e-commerce automation services. The website (https://stores.leveragedlifestyle.com/ecom) says "estimated $10k profit per month within first year" and they have solid video testimonials on their site.

In reality, The Walmart store I paid them $35k to build in October was rejected by Walmart in the application phase. They suggested I apply using a new LLC "in a relative's name." They promised to get me an Amazon store running instead... but it got shut down immediately because they knowingly violated Amazon's policies.

Meanwhile, I paid an extra $10k for a Facebook store. It had one good month... and otherwise has been a waste of time. I started asking CEO Mike Krel and COO Vilson Spek (possibly Spektor) for refunds in January. I've asked repeatedly since to no avail. 

If you read them carefully, their contracts are very scammy and essentially say "If we try keep your stores running but they get shut down - even if it's because we broke the rules knowingly - we won't refund you."

I made them add a clause to my contract that said if after 2 years I hadn't made my money back, they'd refund me. But they even added scammy language in there to the effect of "We'll refund you ONLY IF two stores run continually for two years and you don't ROI..." So the CEO Mike Krel said he wouldn't refund me because I haven't had two store running... even though it's their fault! 

As it stands, they've provided one very poorly performing store, never gotten me the second that I paid $35k for... and then said, "Sorry, you haven't had two stores running, so no refund."

In 10 months, I've netted $1,200 in profit from Facebook, made $0 from Amazon, and never even got a Walmart store. A far cry from the $10k/month they promote.

I've asked Mike Krel, their CEO for refunds numerous times. He's mostly ignored me with an occasional "I'll see what I can do but..." thrown in for good measure. These guys are SCAMMERS and I've spoken with 3 others that are having the same experience as me.

I chatted with Colin Yurcisin and he assured me that he doesn't have the power to issue refunds. But Mike Krel is the CEO, so "I'll see what I can do" doesn't cut it. 

Bottom line: They're either complete frauds stealing money OR they're in over their heads, providing little to no value in exchange for a $45,000 fee. Any good business would refund and apologize for the terrible experience. Instead, here is Mike Krel's justification for not refunding me:

"The suspensions/risks of this business model are expressed in the agreement."

STAY AWAY from these frauds.

This report was posted on Ripoff Report on 08/08/2022 12:28 PM and is a permanent record located here: https://www.ripoffreport.com/report/opulent-supply/linden-nj-mike-krel-victor-1520359. 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 Author of original report

Have we already spoken?

AUTHOR: Aaron - (United States)

POSTED: Monday, July 10, 2023

If not, look me up on twitter or insta @aaronjspence. Let's connect. We've got a rapidly growing group of victims.

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#1 General Comment

Keep the info coming

AUTHOR: M - (United States)

POSTED: Thursday, June 15, 2023

 I have had an interaction today with opulent and am trying to gather more information on these jerks. Who else has had a problem?

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