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  • Report:  #294112

Complaint Review: TMII MADEBIG Richi Roane Transcend Marketing

TMII, MADEBIG, Richi Roane, Transcend Marketing is a SCAM!!! Salt Lake City Utah

  • Reported By:
    Kennewick Washington
  • Submitted:
    Mon, December 24, 2007
  • Updated:
    Mon, December 24, 2007
  • TMII, MADEBIG, Richi Roane, Transcend Marketing
    2371 Presidents Dr
    Salt Lake City, Utah
    U.S.A.
  • Phone:
    801-924-0850
  • Category:

A neighbor of mine came to me more excited than I have ever seen him before. He claimed that he caught wind of, as he stated "the next Google, Microsoft, or Yahoo". Sceptical as I was, I asked how he had heard of this information. He said that this company was looking for investors and that all we had to do was buy into the customers (Kind of like stock!). He later than mentioned that you would be rewarded for whom ever you referred. The selling point was that you didn't have to sell anything and that the website would do it all!

He gave me a DVD to watch and asked me to look over it to give him some input on it. A week later he asked if I had looked at it and I said that it looked too good to be true, since the key phrase was "find two people, that's it". The idea was that if you found two people to find two more people, it would become a pyramid of cashflow since you received credit for anyone who was signed on below them (It was legal because they were purchasing a website off of you). The other method of making money was to "purchase customers" which would gaurantee lifetime residual. As these shoppers were online making purchases from major companies such as Home Depot, Target and even Wal-Mart, a small percentage was to be recieved by the business owner. Supposedly we were to make millions within 10 years (not stated in the DVD, but by calculations and telephone conferences, it was assumed).

I personnally sponsored roughly 30 to 40 people in my downline and knew others with roughly 1000 people in their downline (downline meaning people signed as business owners under you). I personally only made back about half of the $750.00 I initially invested, then reinvested into buying the customers. I invested $500 total into "customer purchase" and didn't see a DIME from any shoppers, other than myself shopping on my own website. Three of my friends invested over $2000.00 a piece in "customer purchases" and also only saw $0 in return. Take in mind that we were the first thousand of the business owners and were able to purchase each customer at $1. This means that I had 500 customers, my friends had over 2000 customers, and not one of us got paid on it? Not one shopper shopped?

I also know someone who was at "presidential status" and knew Richi Roane who is the president of this company. He only made money off of the pyramid side of the business as well (he's also quit! He had over 1000 in his downline). Then, none of us made any more money because Richi decided that we were unhappy that customers were'nt shopping, so he pulled the sign-on bonuses which was supposed to makes us millionaires. What does the shoppers have to do with the sign-on bonus! At this time it didn't matter because none of us felt we should sign anybody up, because it was no longer a legitimate business and it was all a lie. We felt that we had tricked our friends and neighbors into one of America's biggest scams.

My poor neighbor had invested over $5000 or so and finally admitts today, that it was all a scam to make Richi "Rich". Now, some of his good friends won't even talk to him, because they invested money that was part of their retirement, or even their rent money. I fortunately have a good friend who just laughs at me and says, "you drug me into this". Luckily for him, he only invested the 250 and got it back since he was my first downline. I guess this is why he's not that mad at me.

People, if you hear of this company called TMII or Madebig.com or any similar business, Please... Please, Run Away! or your friends will hate you and you bank account wiill be depleated.

J.
Kennewick, Washington
U.S.A.

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