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Report: #658057

Complaint Review: Economic Freedom Corp - Internet Internet

  • Submitted:
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  • Reported By: Lily — Boston Massachusetts Virgin Islands (US)
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  • Economic Freedom Corp Internet United States of America

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This is one of the worst scams EVER!!! You will get a call saying that since you are a customer in good standing of "VISA" you can work at home and earn tons of money, simply by providing names of business owners in your State, along with their contact information. If you ask, you will be told that their outstanding sales people will offer these hardworking people (the biz owners) a 2% merchant rate which is much lower than what most small businesses pay. THey will tell you they close 82% and you will get $500 for each closed deal, paid within 10 days.. >A LIE!!!!!!!!!!!!! Beware...if you get one of these calls, tell them "SHAME ON YOU!" and hang up...They ask for $495 for a' license' to join them and $24.95 for a website (that once you see it, it's crap..awful..)...THen you're stuck. You send it your leads and no one calls you..ever..unless you call and yell & scream. Then they put you through to people who say the usual " Sorry, I had no idea' or "Sorry, you were misinformed"..NOnsense. It's all on purpose and they are THIEVES. You cannot get through to the principle of owners of the company and department 'managers' are referred to by 1st name only. You can't get a last name....you speak to people who sound like they are 20 years old who say they have 'no idea' why the 'sales closer' said what they said, but oops...YOU have to cold call and do all the work and good luck then with your hard work and leads (if you get any) because if you ask" how many of my leads have you called? What are the results? WHen are you calling the rest" they tell you how overwhelmed they are and 'be patient' ...sure, until it's too late to get YOUR money back....I will be reporting them to the BBB (which so far rates them a solid "F" if you check; wish I had done that FIRST, but buyer beware now, if yo'ure reading this!). I have notified my credit card company about this dispute and will take it to the Attorney General of AZ if I have to. I work way way too hard at 2 jobs to keep my head afloat to give them..literally HAND OVER my money for NOTHING!! The only people making money are THEMSELVES. PLEASE don't be a victim of Economic Freedom Corp. They are a total sham/scam/ rip off.

This report was posted on Ripoff Report on 11/03/2010 11:02 AM and is a permanent record located here: https://www.ripoffreport.com/reports/economic-freedom-corp/internet/economic-freedom-corp-total-scambeware-it-is-a-total-lie-rip-off-you-will-lose-yo-658057. 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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REBUTTALS & REPLIES:
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5Consumer
1Employee/Owner

#6 Consumer Comment

How do they get our phone #

AUTHOR: Doreen - (United States of America)

POSTED: Thursday, July 28, 2011

I to was ripped off by EFC for $30,000.00 and would love to get my money back....but my main concern is how did they get our phone numbers since most of us are on Social Security Disability or are veterans.....is somebody selling our numbers to these thieves!!!!!!!!!!!

If anybody out there is able to find out please let us know, there has to be a way to stop all of this....

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#5 Consumer Comment

EFC is closed!

AUTHOR: Good Dad - (United States of America)

POSTED: Saturday, June 25, 2011

Wondering  what  happens  w/ all  the  supposed  happy  clients  that  expected 3 yrs.  of  commissions?  Or  was  that  all  part  of  the  illusion?

They  have  ripped  of  many  seniors  and  veterans,  and well  deserve  severe  punishment  and pay  back  everyone!

A  Kathy  Martinjak  is  U.S.  Postal  inspector's  consumer  fraud  analyst.  Says  there  are  100  or  so  of  these  bankcard  empire  off  shots.  Not  allowed  to  post  her  #,  but  at  Tucson  office,  and  she'll  mail  out  a  complaint  form  to  victims.

John  Hanson  of  Web4amer.  and  Justin  Johnson  of EFc  are  the  main  higher  ups I've  spoken  with  only  to  hear  their  phoney  lies  and  excuses.

I  do not  think  this  site  will  post  the  link,  but  google 3 on your  side  news  report  of  last  week.....valley  business  rips  of people  for  hundreds  of  thousands of $.

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#4 General Comment

I Too Was Ripped Off By Economic Freedom Corp

AUTHOR: Lowell - (United States of America)

POSTED: Friday, June 17, 2011

Just wanted to add my 2 cents worth. Actually it was more like $8500 worth. 

Yep, that's what they got me for. Don't need to explain the procedure as many have already went through the steps and process EFC uses to rip you off.

I have been fighting with them since October of 2010 (and with my credit card Compnay) so far I 've only got back $1250 of the $8500. Yes, i contacted the BBB and the Arizona State Attorney etc. but have not received a refund yet....Most of them just acknowledge that they have received you complaint and have notified them blah blah blah.

It appears that EFC does have a full time "Resolution Manager" person - Keyla Johnson. She contacted me to try and settle with them for pennies on the dollar (active merchant accounts) and 1750 more leads...yadah yadah yadah. Of course I refused their offer and didn't sign the form she sent me.

John W. you spoke about your experience of working for EFC and that now you want o help those of us who are victims to regain our losses, but you don't tell how to reach you? You say to call you but don't give  a #.

I would like to make people aware that there are so called 'scam settlement companies' that will call you to help get your money back. However, many of them are scams themselves ..... so be ware.

Another Disabled Vet,

Lowell Churchill

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#3 Consumer Comment

So True ---this co. & websites4america are the WORST!

AUTHOR: Good Dad - (United States of America)

POSTED: Friday, June 03, 2011

YEA!   For John W.  as  efc  crooks  took  him  to  court  and  the  judge  saw  through efc's  B.S.  in  a  few  moments  and  threw  the  case  out.  Unfortunately  he  did  not  have  the  opportunity  to  present  his  well  thought  out  case  EXPOSING  their  bait  and  switch  tactics  and  other forms  of  FRAUD.

3 on  your  side  report  is  grossly  understating  how  bad  it  is.  I  am  curious  to know  just  how  many  victims  there  really  are  and  how  many  millions  of  $'s  these  fraudsters  have  ripped  good  folks  off  for??

http://www.azfamily.com/news/consumer/Valley-business-accused-of-ripping-off-customers-for-tens-of-thousands-of-dollars-122197574.html

Moved  to  Las Vegas,  and  Att.  Gen.  in  NV  phone  message  is  that  the  consumeer  complaint  dept.  is  shut  down  due  to  budget  prob.   Something  has  to  stop  these  clowns  as  the latest mail  I  got  was  win  200  bmw's......or  earn $600./mo  on  commissions  to  make  the  payments.  Too  BAD  that  once  they  have  your $  the  services  STOP,  and  one  is  lucky  to  get  beyond  an  answering  machine.

John  Hanson  supposed  former  owner  of  web4america......has  apparently  sold  to  Chany  Foerster  and  efc......or  so  he  said  in  an  email.  Taking  the  money  and  running,  avoiding  all  accountability  is  their  shell  game.   They refuse  to  admit  they  are  scammers  and  say  folks  do  make  $.  I  would  love  to  see  any  verification  of  that?

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#2 REBUTTAL Owner of company

Anyone want a shot at EFC?

AUTHOR: john - (United States of America)

POSTED: Friday, January 14, 2011



My name is John Wilson. I worked for the "EFC" (Economic Freedom Corporation AKA DW Scott, Bankcard Empire, and Innovative Marketing Strategies), and all the other names they call themselves. I quit after I realized the full extent of the deception they employ in their business practice. What they do is wrong, and people let them do it to them and then don't fight back. I was fortunate enough to learn what makes them tick and what procedures, when applied properly, will get clients money back. Although they claim that fees are not refundable, there are laws to the contrary. There are a variety of procedures that will effect at least a partial refund. However it is a matter of who, to call, and in what order, to put the pressure on. I have not secured a new job and spend a lot of time help people to the best of my ability to get some or all of there money back. This takes up a good deal of time. So I charge a small amount of money for my time and service. I will assist anyone that has lost money to EFC in the steps it takes to get some or all of the money they lost to these creeps back. I ask for a check or money order for 20dollars, Please send to:





John Wilson
6232 North 11th Street Apt #3
Phoenix, Arizona85014
Re: EFC
Enclose a letter explaining the circumstances of your situation. I will send you a detailed plan of action immediately. Please include when your commitment with them began. I have no need for any personal information just an outline and timeline so I can best direct your efforts. This is not a guarantee of a full refund of the money you lost to this company but it is inside info and will level the playing field. It will take persistence on your part, and a little work. Everyone so far has found that it was worth a little effort. I encourage you to call me and get to know me before committing your money or trust with me.
If you lost hundreds or thousands to these people, I am sure it is worth 20- dollars to have the chance I can offer to get your money back. My information comes from the inside of their operation. Unlike EFC, I will not disappear, and I will always answer my phone, I will not ask you for another dime. I will coach you as far as reasonably possible and be available to coach you over the phone at any reasonable hourThe procedure I offer is known to effect the results that you seek. I know how to rock their boat. . Give me a call @ 602-265-6674 lets see if we can get your money back. They only get away with it because people let them fight back. Call me, John



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#1 Consumer Suggestion

ASK questions ... a lot and in depth!

AUTHOR: Rick - (U.S.A.)

POSTED: Wednesday, November 10, 2010
They called me to solicit my helping them circumvent the law by sending them contact of small businesses ... FROM KNOWLEDGE OR FROM THE PHONE BOOK ... I talked to 3 different people the first one was gone after the 45 sec audio ... the second one, a senior rep ... didn't know the answers to the simple questions I asked and kept getting off the line to ask someone ... then "Wes Jameson" got on the line and he had all the answers ... especially ones that didn't make sense ...

I asked questions like:
1.  First of all, if this is such a great money maker ... why aren't you doing it instead of soliciting me to do it ... do you make $2000 a week? -  Well, I would if I could but the AZ districts are filled and we limit agents to a 50 mile radius.  Now, we are recruiting in PA and the Northeast ... you do live in PA?
2.  Who is your parent company - got Visa/Mastercard as an answer.
3.  OK, who does the Merchant make his check payable to - One said VISA the other, the BOSS, said EFC
4.  How long have you been in business - 1 year
5.  I asked about any reports on "RipOff.com" and they said they never heard of it but would go look
6.  If this is so much of a money maker ... why don't you start me off and from my paychecks, take out the One-time Fee and the recurring monthly Fee for the Website? - The system was not set up that way and I can't change it.

Then tell them you have enough info to research them and will get back to them ... they will try to push you to do it now and then when you say in a few days or so ... they will through some insults and hang up ...

Play them as they play you ... if a legitimate company stays on the line and answer your questions and are willing to wait for your research ... you may have something ... still maybe not!

I got info to research the company, from his answers, and said I would call back when I was done ... he pushed me to make it within a couple of hours and I said in a couple of days ... he then said "I know the reason you are mad at the world ... your name is (redacted) ... stay broke!" and promptly hung up ... I had a hard time stopping my laughing at the childish attempt to make me regret NOT signing up and wasting HIS time (I had fun) ... I just made a lot of money by NOT losing it on a scam ... I count myself lucky!

Good Luck to you also!


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