Dynamic Merchants Solicits business over the phone and asks for money to begin your own website business selling merchant services. Internet

I was solicited by phone to sign up with Dynamic Merchants.  They promised me I would have my own website and be able to market merchant services through that site.  I recieved a website with an agent number and a new affilitate welcome packet all for $495.00.  As I was getting situated into the new business venture, I had called Dynamic Merchants, and spoke with some individuals who appeared sketchy and unsure how to answer any questions.  I thought nothing of that.  But after logging into my first conference call with about 12 other new agents like myself, things started to get real fishy.  No moderator came on the line to talk to us.  For one agent, this was his second time on a conference call with no moderator.  As we were talking with one another on the conference call,  we discovered that there was misinformation by Dynamic Merchants and it's affliliate company Pinnacle Group,  that was untrue.  We had all invested money in this hard economy into something we believed would be an honest company, but we have been ripped off!