Complaint Review: 7 Figure Cycle

These are very bad dudes who come across as wanting nothing more than to help you make a lot of money on Amazon. They promise to teach you their "exclusive" methods for creating a business on Amazon by finding wholesale suppliers using their special tools to find inventory that sells well on Amazon, buy inventory from your new suppliers (or from their own Buyer's Club to make it easier), ship it to their warehouse, and theoretically prep it and ship it to Amazon.

In reality, the inventory never makes it to Amazon under your account. Instead they steal it, say they lost it, stonewall all attempts to work with their customer non-service to recover it, and hope you just give up and go away.

I have been trying for almost two months to get my "lost" inventory reimbursed, but their support staff stonewalls all requests for information and status.  

The 7 Figure Cycle System sounds very good when you hear the sales pitch...they give you a supposed 60 days to try out their system, and promise a no-questions asked refund policy if you let them know before 60 days is up.  They promise you access to many tools that they attribute false valuations in the thousands of dollars for, and tell you that the software tools are proprietary and can be found nowhere else.  Trouble is, you don't get access to all those neat tools until after your 60 days is up...so they tell you, too late! You had your chance to get a refund, now you can't.  

Here's the truth:  the educational part is a rip off of other teachers that charge much less for more and better information, and you can get much of the same information for free through YouTube and other resources.  Their customer service non-existent.  The tools can be found much, much, much cheaper and work more effectively from lots of other (honest) merchants (just google "seller tools for Amazon FBA sellers"). DO NOT send them any inventory to be processed through their warehouse/prep center...no matter how much you believe they will work on your behalf to make you successful.  All they will do is rip you off.

Here's more truth: if you do buy, or have bought, go through your bank card services and Clickbank to demand a refund, even after the 60 days. Chances are, you will get your money back for the "system."  Also, use a 3 pay option so your rights extend to 60 days after your last payment, through your bank or credit card.  If you buy through their "Buyer's Club," use your credit card so that you have rights to demand a refund when they rip your inventory off from you.

If you have inventory that you purchase from your own supplier and have it sent to the 7FC warehouse, there's no way to charge it back withouth hurting your suppier.  Make sure you have the UPS or other delivery service receipts, and pay close attention to your Amazon Seller Central account to track the inventory so you know when it should have arrived.  Keep close watch and good records.

The best strategy would be to steer far clear of these bad guys entirely. They are not your friends. In fact, they are currently marketing a course online about how to manipulate people into buying whatever you want to sell them (like a bill of goods) and make them bend to your will so you can make lots and lots of money off of them--and make them think you're their friend.  One of the partners, Todd Snively, was charged with felony intent to willfully commit fraud in a securities con scheme in 2003 (it's not hard to find the case. Go to NFA dot futures dot org, and search Commodity Consultants International). I wish I had known that when I was considering the purchase of 7FC.  I would never have put myself through this spectacular con game.  

My next step is to contact the BBB in Nevada, Michigan, and North Carolina, along with the Attorneys General offices in all three states, the FTC, and Amazon itself.  I hope to help put a stop to these criminals before you or someone else gets ripped off too. Please go read the other stories here to understand in more depth what their con is.  I don't have the energy to tell my tale again in such detail, but the gist of it is almost identical to the other complaints here about them.  

If you already have been ripped off by them, please post your story here, too.  I wish you nothing but the best, and these 7FC cohorts nothing but terrible, retributive Karma for what they do to their loyal, paying customers.  They are bad, bad dudes.