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  • Report:  #686954

Complaint Review: Economic Freedom Corporation

Economic Freedom Corporation will invade your credit report to pressure you into the maximum ivestment in their company. Pheonix, Arizona

  • Reported By:
    Louise — Fort Worth Texas USA
  • Submitted:
    Wed, January 26, 2011
  • Updated:
    Wed, January 26, 2011

I was contacted by Economic Freedom Corporation, and told that they were looking for individuals to assist them with encouraging small businesses to convert to Visa and Mastercard's new service - allowing small businesses the oppertunity to process mechant accounts at large business rates. This was presented to me as an oppertunity that would only last 14-18 months, but that I would recieve a small risidual income off of the merchants who switched over to the "big business rates".

I saw a oppertunity to created some income with very low overhead. When I signed up, I was told I would recieve a website with training. A few days later I was called and told thatMr. Fischer would contact me onsaturday morning.

Mr Fischer commended me on my foresight, and then talked about the "income potential" of this business. Then proceeded to tell me how with the right investments I could make 80,000 in a few months, with no loss to myself. With a 17,000 investmentI could make back more than 4 times my money.

Mr. Fischer kept saying "There was no way to lose" - when I said I didn't have that kind of money available - HE told ME which credit cards I had that I could put the investment on.

This business, thesePeople went into my CREDIT and TAILORED an investment to MAX out my credit debt. When I wouldn't agree - they HUNG up on me and refused to answer my calls.

Then I was told the oppertunity has "passed me by" and I couldn't even do the little bit I was initally lured into the company to do.

By the way, they have a NO RETURNS policy so you cant get your money back - sucker.

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