Complaint Review: Economic Freedom Corp - Internet
- Economic Freedom Corp 4220 N. 19th Ave Internet United States of America
- Phone: 877-696-1975
- Web: www.economicfreedomcorp.com
- Category: Credit Card Processing (ACH) Companies
Economic Freedom Corp EFC Work from Home without Doing A Thing!! Internet
listed on other sites?
Those sites steal
Ripoff Report's
content.
We can get those
removed for you!
Find out more here.
Ripoff Report
willing to make a
commitment to
customer satisfaction
Click here now..
I was contacted by Economic Freedom Corp. for a work from home opp. I talked to a rep that went over the business. I need to provide 5 small businesses a week. EFC would contact them and convert 4/5 into switching their credit card processing to get a lower rate. I had to get a License from the FTC,required by the Gov't for $495. I came to find out from my Sales Coach, who called a few days later, that the options were a) to go out and spend my time and gas driving around and talking to businesses and get their Buy-In for EFC to contact them, then a sales rep from EFC would finalize the deal. b) I could pay for a campaign to have Visa/MC employees call small businesses they had on file (That is what I was told). He talked up their campaign pkgs that would pay for Visa/MC Sales reps to call the small businesses and get them to convert in my name. At $2 a call the Campaign would contact 10k businesses, with a worst case scenario I would get 100 businesses in my name. In 6mo I could have up to $125k off this and be making monthly residual income. I put up $15k of the $20k the Campaign cost on my CreditCard. EFC "paid" the other 5k. After I read the receipts EFC sent me, I read my money goes to FM Marketing Limited, LLC. A Marketing Dept would be telemarketing and Email Blasting 10k businesses at $1.50 each! Thats not what I was told The next day I contacted my Coach on the home number he gave me. I got his answering machine and asked him to STOP CHARGE to my credit card, that I didnt want to go ahead with the program. He called back that evening and said he called his office to hold the charge and if I did'nt want to continue with the business then we would have it stopped and end the process. After the weekend $15k had been processed on my credit cards and none of the phone numbers I have were able to connect and allow me to speak with a rep to cancel charges. I have not heard back from my sales coach after telling him I want out.
This report was posted on Ripoff Report on 10/22/2010 10:31 AM and is a permanent record located here: https://www.ripoffreport.com/reports/economic-freedom-corp/internet/economic-freedom-corp-efc-work-from-home-without-doing-a-thing-internet-654045. 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
If you would like to see more Rip-off Reports on this company/individual, search here:




Advertisers above have met our
strict standards for business conduct.