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Report: #1181560

Complaint Review: Simwey Financial Group - Peoria Arizona

  • Submitted:
  • Updated:
  • Reported By: ROBBY — Arizona
  • Author Confirmed What's this?
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  • Simwey Financial Group 9185 W Thunderbird Rd # C104 Peoria, Arizona USA

Simwey Financial Group They are cons: they make all their money charging fees to new employees. Peoria Arizona

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 I can see that Simwey is still up to its old bait and switch tricks.

 

The company name was once called Simmers Capital Management, and the only capital they manadged was the capital they stole from new employees by charging pumped up fees for licensing and realed charges. "Free Training" they claimed.

Any honest and professional financial planner pays for all your fees.

 

I applied for work there back in 1999, and they made huge claims about how

much cash I could make, yet their traniing appeared to be pitiful; they charged fees

and did not provide any type of commssion draw, and any respectable

financial planning organization would provide a salary draw until a client

based was reached.

 

The first two visits or recruitments were just a con and sales pitch to take your money.

Luckily I bailed after the second recrutiment meeting.

 

This is not a complaint: this is a fact and an example of how they con people.

I had just completed a tax season preparing tax returns, and on the first day of

recruitment, they say, "This is a great career because you can work for yourself; you can deduct your all your business clothes and even your hair cuts." That is a totally false claim.

They prey on younger people who are just not  well informed--notfault of their own--about being self-employed and con them out of money.

I was just surfig the web, and accidently came across this websight, and was just curious about the postings, and so I performed a search for Simwey.

This is not a complaint; this is entirley true; every single statement that Simwey makes is

a total falsehood.

 

Buyer be aware.

 

Stay angry my friends.

 

 

 

This report was posted on Ripoff Report on 10/07/2014 06:45 PM and is a permanent record located here: https://www.ripoffreport.com/reports/simwey-financial-group/peoria-arizona/simwey-financial-group-they-are-cons-they-make-all-their-money-charging-fees-to-new-empl-1181560. 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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