Alliance System Ltd Deposit Alliance Incorporate a Business to be a Payment Processor Limassol, Cyprus Nationwide

 I was looking for a job and this ad popped up startcheckprocessing.com. The website claims that they have a business opportunity for you to process transaction volume for its corporate business clients it receives through depositalliance.com. Everything seems legit at first because they claim to do background checks on each applicant and have you sign a fake contract saying that you are agreeing to go into partnership with the company. They want you to incorporate a c corp and open 5 bank accounts. They admit that you will have to invest 400-700 $ in start up fees. They also claim that you will receive 5 percent in salary and will be paid every two weeks by direct deposit. For example if you process $100, 000 in transaction volume you will be paid 5000 $ for managing these bank accounts. They claim you can make as much as $20000 per month. The only problem with this is that they only deposit rcc checks. I did my research on these types of checks and these types are used in scams because the ach chargeback rules of 1-2 percent dont apply. Also because most banks can't tell an rcc check from a regular check they will be deposited into your account. The bank will not be able to tell whether the check was authorized or not until the victim finds out and wants their money back. Alliance System Ltd will not be charged for the chargeback YOU will. If deposits are made thru a third party, Alliance, they will be untraceable. When the federal reserve comes for the money they go to the bank of deposit, YOU, not them. Depending on how much was deposited is how much you owe the bank. The FTC ultimately if you're able to do this for a long period of time will bankrupt your company, take your assets and of course jail time. The bank account information used on these rcc checks are stolen. I didn't go thru with it because of the research I did before I incorporated. I researched the addresses and I realized that there was no business facilities just houses which ment they worked from home. I figured since they would have my bank account information that they would just use the same types of checks to wipe out my bank accounts before I terminated the agreement. I backed out because I asked them about the turnover rates of returned checks. They ignored my question. I asked the what type of risk management they have in play to protect me from fraud. They told me they could not disclose that information. Why not? I'm supposed to be a partner of the company. Why wouldn't I have access to that information unless it was a scam. They trick you by saying every 30 days they give you a raise up to the $20, 000 to make you think these deposits are authorized. They also trick you by claiming they do background checks to make you think their business is legal. DO NOT DO THIS. They will wipe out your bank account within the first week and you will lose your $700 and incur the debt of the stolen money and will not be paid. Then on top off that not only will they wipe out your business accounts, they will wipe out your personal bank account. Why? Because u gave them your information thinking they will pay you direct deposit Then you gave them your social security number for the background check so now they have access to your credit information and will destroy your credit. This is as far as they got with me. I have put a credit freeze on my credit report so they can't use my credit.