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Ripoff Report | ICM -internet cash Review - Lake forest, California
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Report: #592325

Complaint Review: ICM -internet cash machines - lake forest California

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  • Updated:
  • Reported By: mel — yuba city California United States of America
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  • ICM -internet cash machines lake forest, California United States of America

ICM -internet cash machines The ad is misleading.It dis not say much and very misleading.The ad says $2.97 to sign up when i checked my bank , i Was charged additional $139.95. lake forest, California

*UPDATE Employee: Customer has been cancelled and refunded.

*UPDATE Employee: If customer would provide a few additional details that they used to sign up for the program, we could provide a refund or make sure they are refunded.

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Ad very misleading .It did not say exactly what the business was.So i signed up because i wanted to know more and  ad says $2.97 to sign up.When i checked my bank, I was charged $139.99.I called and was on hold for a long time 10 minutes.When i cancelled which is about 12 hours since i signed up, ( they only give you 3 days trial period) i was told The $2.97 will not be refunded.I asked them why ? i am cancelling within my 3 day trial period and they cannot give me a good reason.This is a rip off!!!!.I am leary of their reputation....

This report was posted on Ripoff Report on 04/12/2010 10:48 AM and is a permanent record located here: https://www.ripoffreport.com/reports/icm-internet-cash-machines/lake-forest-california-/icm-internet-cash-machines-the-ad-is-misleadingit-dis-not-say-much-and-very-misleading-592325. 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:
0Author
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0Employee/Owner

#2 UPDATE Employee

Customer has been cancelled and refunded.

AUTHOR: Director of Operations - (United States of America)

POSTED: Friday, April 16, 2010
Thank you for your correspondence in connection with the above-referenced matter.


In the interest of Customer Service, we have terminated this customers account and no further charges will be conducted on their account. This customer will also be provided a refund for the purchase, in the amount of $142.92. 



Internet Cash Machine is a membership site that provides users with all the tools and information necessary to learn how to post product websites and mall webstores, as well as, launch products for auction on eBay. 



In order to sign up for the Internet Cash Machine program, the customer MUST go thru the following steps.



1.     Client reaches Internet Cash Machine offer site through different         
        internet advertisements.



2.     Client is directed to a sales landing page to enter preliminary     
        information, in which there is a link at the bottom of the page to
        the Terms and Conditions of the signing up for the program.            



3.     Then the customer MUST provide their credit card information on the
        secured payment page and must agree to the terms and conditions,    
        noted below in bold, that are conspicuously display no more than 80   
        pixels from the order submission button.??



By placing my order I agree to the Terms of Offer, which explain this order includes the about for just $2.97 for processing. If you enjoy the 3-day trial and continue your path to making money, you will be billed a one-time fee of $139.95 and a monthly maintenance fee of $4.95. You may cancel anytime by calling 1-877-863-3088.



The 3-day begins the day the client submits their order. Actually, the $139.95 is billed on the 4th day after the signup.



 



The $2.97 charge is drafted immediately upon signup. At the same time the $139.95 is temporarily authorized and in a Pending Status in their account, which holds those funds. The pending status remains until the funds are drafted or the hold is removed. If the customer does not cancel during the 3-day period the $139.5 charge is then drafted from the account based on the initial authorization on the account. If the customer cancels within the 3-day period, the authorization for the funds is lifted and the money is again available for them in their account.




Again on the credit information page, the terms and conditions of the program are noted on the page in several different areas. First, there is a  link on the bottom of the page for the Terms and Conditions. Second,  the Terms and Conditions and charges for the program are listed on the page, directly to the left  of the Rush My Order button.  Those terms and conditions and charges for the service clearly state that there are 3 different charges for this program. The first is the initial charge of $2.97 for processing of the account. The $2.97 charge provides the customer with access to the service for a 3-day period.  The 3-day period provides the customer with access to the service so they can ascertain if they would like to continue with the service and incur the additional charges for the service. After the 3 day period has expired, as the terms clearly state, the customer is then charged the second charge, which is a one-time $139.95 charge for the service membership.  The customer then has access to the full service until they elect to cancel the service. Each month that the service is active the customer is charged a monthly maintenance fee of $4.95.  

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#1 UPDATE Employee

If customer would provide a few additional details that they used to sign up for the program, we could provide a refund or make sure they are refunded.

AUTHOR: Director of Operations - (United States of America)

POSTED: Wednesday, April 14, 2010






Thank you for your correspondence in connection with the above-referenced matter. 




The Internet Cash Machine (ICM) is a turn-key business opportunity that offers prospective clients the ability to create single product websites, as well as,  Mall Webstores which comes pre-stocked with products, some of which can be sold with no product cost to the merchant.  The websites are easily built with a few clicks of the mouse, yet are highly customizable for advanced users.  The websites are tied into a network of drop-shippers and fulfillment center making it easy for clients to select products and deliver them to their clients without handling them.  Included in the program is a mall webstore that ties all of the clients products together allowing them to market a variety of products through an internet mall web site. Internet Cash Machine also offers ICM clients merchant accounts with the ability to accept credit cards and ACH services.




Internet Cash Machine is a membership site that provides users with all the tools and information necessary to learn how to post websites and webstores and launch products for auction on eBay to make money online. 




In order to sign up for the Internet Cash Machine program, the customer MUST go thru the following steps.




         1.       Client reaches Internet Cash Machine site through different internet advertisements.




        2.        Client is directed to a sales landing page to enter preliminary information. Note that there is a      link at the bottom of the page to the Terms and Conditions of the signing up for the program.            




3. Then the customer MUST provide their credit card information on the secured payment page.?


?By placing my order I agree to the Terms of Offer, which explain this order includes the about for just $2.97 for processing. If you enjoy the 3-day trial and continue your path to making money, you will be billed a one-time fee of $139.95 and a monthly maintenance fee of $4.95. You may cancel anytime by calling 1-877-863-3088.




The 3 day trial is 3 days from the day the client signed up. Actually the $139.95 is billed on the 4th day after the signup.




 




The $2.97 charge is drafted immediately upon signup. At the same time the $139.95 is temporarily authorized on their account, which holds those funds for us. If they do not cancel during the 3 day trial period the $139.5 charge is then drafted from the account based on the initial authorization we placed on their account.




 




If they cancel within the 3 day trial period, the authorization for the funds is lifted and the money is again available for them in their account.




 




The $139.95 charge is initially placed on Pending Status in their account. That pending states remains until the funds are drafted the hold is lifted.




 







Internet Cash Machine is committed to the success and satisfaction of all of its clients and conducts its business in compliance with all applicable laws, rules, and regulations.  Please contact me directly if I may be of any further assistance. This customer can keep any materials that were received as our gift.

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