Complaint Review: CashFourBusinesses.com/Mike Woods a.ka. Michael Hutchings

In January of this year I was contacted by a man via telephone from a company called Cash Four Businesses (www.cashfourbusinesses.com). This man called himself Jimmy Gunn and said that he was a recruiter for his company and looking for motivated individuals in our area to grow his company’s business. Mr. Gunn claimed that his company was a referral processing company for Visa and MasterCard.

Jimmy described how his company provided cash advances to small businesses that purchased his company’s debit/credit terminals. Jimmy described an elaborate compensation system where I would make money on referrals, terminal installations (initial bonus for installation and recurring commissions per swipe/month), and cash advances (2% of loan amount). He also described a strong support system where I would receive a custom website, a detailed business packet, weekly webinars and my own personal advisor/coach who I would be working with on a weekly basis.

Jimmy requested a one-time $500.00 fee in order for me to setup my own LLC so that I would legally be able to participate in the business. I was very skeptical of this fee but Jimmy promised over and over again that it was solely for setting up a legal LLC and the only investment that would be required. I paid over the phone using my Discover Card and waited for my LLC paperwork and a call from my personal coach to get me started. (When my LLC paperwork arrived it did not set me up an LLC, it was filled out; however I still needed to pay $500.00 to the state of Massachusetts in order to become an official LLC………. Jimmy lied).

A few days later I received a call from my coach who would not answer many questions that I had about approaching small business owners and trying to convert them face to face. She said that we would get to this eventually but that she first wanted to focus on the company’s very successful “call blasting campaign” where the company would call a bunch of leads with the expectation of only converting a very small percentage.

However, she had very detailed and mathematical explanation how even a small conversion of leads led to profitability. She said that she was looking for an investment to begin funding this call blasting campaign and guaranteed monthly returns between 30-40% for the following 12 months. She then began asking me about my available credit and I did not share this information. In fact, it was at this point that I was very suspicious and informed her that I would not be doing business with her and that I simply wanted to learn the business and approach business owners myself. She was very angry and informed me that another coach would be in touch with me soon.

The following week I received a call from another coach who called himself Mike Woods (I would later find out that this was not his real name). Mike told me that he was a retired school principal and father of four who began in the business in 2010 and was very happy with it. I told Mike about my experience with the woman I had spoken to the week before and he apologized and told me that some of the coaches are not very good at explaining and teaching the business.

We ended up having seven or eight phone conversations over the next few months and Mike was not pushy or unrealistic like the woman I had first spoken to. At the end of February Mike asked that I invest in a $20,000 call blasting package that he was putting together. He said that it was a group investment and a minimum of $2,000 each. Like the first woman, he described a return between 30-40% on a monthly basis, for twelve months. Unfortunately I agreed to invest $2,500.00.

Mike gave me his bank account information so that I could deposit the money directly into his account. I drove to Wells Fargo Bank on 3/1/13, and made a deposit of $2,500.00 directly into his account for MRH Marketing LLC. Mike told me that I could expect my first monthly return on 4/5/13. He explained that the first return would only be around $1,000 but that returns after that would be around $1,900 monthly.

Over next few weeks I called Mike to try and learn the business so that I could start pounding the pavement as well. He kept putting me off. I began to grow suspicious of our dealings but it was not until the middle of April that I was 99% certain that I had been duped. I received a call from Mike where he informed me that he was having a lot of trouble getting in touch with his main office and that things were not looking good. I was very upset but he reassured me that he was going to keep trying to get in touch with the main office. In the very same conversation he then claimed that he could recoup my initial investment through a travel website that he operated, but he wanted another investment from me. It was at this point that I became 100% certain that I was conned. I told Mike that I couldn’t believe his audacity to ask for more money and that he needed to focus on the original agreement.

We spoke a few more times over the next couple of months where Mike continued to claim that he could not get in touch with the office. But as of July I have not been able to contact Mike at all as both of his numbers are now out of service (480) 233-4502 (personal cell) and (480) 659-2063 (MRH Marketing). Furthermore I came to learn that Mike Woods’ name is really Michael Hutchings.

Through some research I did find two address for MRH Marketing LLC (bizapedia.com)

1. Registered Agent:

Michael Hutchings
4323 N 27th Ave #39
Phoenix, AZ 85018

1. Principal Address: 4220 N 19th Ave #200
   Phoenix, AZ 85015

Other Names, Addresses and Numbers Associated with CashFourBusinesses Scam:

Jimmy Gunn (866) 903-7658

Candy Duncan (888) 802-1468

Headquarters claimed to be at NYC Empire State Building 6^th Floor

Affiliate Firms/Scams that called me in league with CashFourBusinesses:

Precision Corporate Services 888-656-1293

Advanced Services 1-800-893-4852 and 302-200-0850 (social marketing)

I am utterly ashamed and embarrased to have been stupid enough to have gotten involved with these people.

Matt from Massachusetts