Complaint Review: 14 Daily Plus, Tony Renfrow, Holton Buggs, And Bill Fox - Folson, CA Houston,TX And Overland Park, KS California
- 14 Daily Plus, Tony Renfrow, Holton Buggs, And Bill Fox Folson, CA Houston,TX And Overland Park, KS, California U.S.A.
- Phone: 916-370-5954
- Category: Internet Fraud
14 Daily Plus, Tony Renfrow, Holton Buggs, And Bill Fox Internet Scam Folson, Houston,Texas And Overland Park, Kansas California
I bought 4 positions for 9k each or 36k with 14 Daily Plus because I had every confidence in the world that Bill Fox and Holton Buggs would never involve themselves with an illegitimate company or any business that was a scam. I lost a majority of my money, and I know that most people never even received any payments. I personlly know or have had conversations with individuals that believe Holton and Bill's groups brought in well over 1 million dollars to this scam.
From what I had been told Holton was making close to 100K/month in another network marketing company, and Bill Fox was making 30K-40K/month. During conference calls both Bill and Holton talked about Tony Renfrow's (owners) credibility, his business plan, and his 5 year plan to assure that everyone would make money. This opportunity to make income and help others make income had a ONE UP pay plan. I was told that not only could I make money, but I could help others as well.
I strongly believed in Network Marketing, and the individuals that were promoting this business so I jumped in full force. Holton and Bill had a strong track record of success in Network Marketing so I was following their lead.
This scam was very complex, and looking back I realize how they were able to facilitate the scam. I know they were taking in cash from recruits, paying out cash to themselves and a few others, operating a fake payment processor called Midas Touch. All of these things allowed them to take big profits and further the scam by making people think it was paying. They made a majority of the money while almost everyone else lost 100's of thousands of dollars.
Holton and Bill were the leaders of their respective groups, which I was told were the biggest groups in 14Daily, and bringing in the most recruits and $'s. This fact alone, I was told, would assure our group of getting prioritized for payment.
It turned out that these guys were hoarding the profits, which caused many individuals to lose money. In my opinion they sucked the system dry by making sure they padded their pockets at the expense of others. I hope everyone that lost money takes the time to report what happened to the local DA's office. Go online and file reports with the Attorney Generals of the respective states. The money these guys made was in the 100's of thousands each, and they should be forced to pay it back. They money lost has to be in the millions. Make your own report and lets force these scam artists to pay back the people they took advantage of.
KANSAS CITY, Missouri
This report was posted on Ripoff Report on 08/29/2007 02:02 PM and is a permanent record located here: https://www.ripoffreport.com/reports/14-daily-plus-tony-renfrow-holton-buggs-and-bill-fox/folson-ca-houstontx-and-overland-park-ks-california/14-daily-plus-tony-renfrow-holton-buggs-and-bill-fox-internet-scam-folson-houstontexa-271112. 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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