;
  • Report:  #88451

Complaint Review: Cashnow - cashnow Plus - Paydayexpress - Cash Next - Ifgx - Magellan1 - foxnex - trust Vault - Toronto Ontario

Reported By:
- kensington, Maryland,
Submitted:
Updated:

Cashnow - cashnow Plus - Paydayexpress - Cash Next - Ifgx - Magellan1 - foxnex - trust Vault
3100 Steeles Blvd Suite 201 Toronto, L3R 8T9 Ontario, Canada
Phone:
905-470-6100
Web:
N/A
Categories:
Tell us has your experience with this business or person been good? What's this?
Cashnow.com which operates under multiple aliases so they can shelter them selves from the illegal activeties that they conduct on a daily basis.

Once they convince you to send in your deposit it is all down hill from there. They will resell your protected territory that you invested your life savings in and say oops sue me.

This company has ripped off 15-20 investors that I know of in both the US and Canada. They do not deliver what they promise and the do not disclose all the documentation that is required by law prior to a sale so they get your money first then you get screwed.

The owner and founder is nothing but a glorified con-man who has no regard for the law or the people who invest in his company. He has violated multiple laws in mulitple states aand figures that by the time the Feds catch up with him he will have already ripped off enough people and their money that he can just change his company name and keep on doing what he does best ( Steal).

This company can not be trusted to do anything and they will rip you off at the first chance they get.

They have already ripped off 15-20 investors for hundreds of thousands of dollars with no remorse and no signs of making good on their illegal actions. If you are interested in getting in this line of business save your self the money and aggrivation and find another company to do business with. All you have to do is ask for a list of current franchiees prior to giving them any money and you will be stalled and excused to death -by law they are required to give you that information in their disclosures but the don't because 75% or more of those same people would tell you they Suck! Run away is my only advice as fast as you can!

Buddy

hoboken, New Jersey
U.S.A.


1 Updates & Rebuttals

Miro

Fort Lauderdale,
Florida,
U.S.A.
No one in NJ

#2REBUTTAL Owner of company

Mon, July 11, 2005

I have just read this self serving and ridiculous accusation made by a Buddy in NJ. Firstly we do not have any operators in NJ. (NJ does not allow face to face payday loans) Secondly we issued a password buddy to an individual in MD, who is still operating earning about $300,000 a year from the business he bought that he claims is no good??!! By the way we learned that he reported only about 40% of that income to the IRS!! This posting sounds allot like him and if this is so, MrWright has a gag order issued against him in Washington DC court as the judge saw no other way to stop him from slandering the company and misinforming the consumers. Since we (Cash Now USA) agreed to the same consent (gag order) I can't add much more but to say that the reason this fall out began or exists is because we refused to pay Mr.Wright a fee for being a reference! He provided an invoice for about $7,000.00 that we refused to pay, (as our policy is not to compensate references) Mr Wright got all twisted out of shape! Unknown to us one of the managers (Bruce Babashan) who was referred to us by Mr.Wright did in fact issue a $4,000 check to Mr Wrights company (Wrightway Inc) and they split the proceeds. The $7,000 check we caught in time! Mr.Babashan was reprimanded and subsequently asked to leave the company! Mr.Wright continues to cry foul because we as a company refused (and continue to this day) to pay for references. Mr. Wright only had dealings with Cash Now. For good ,easure he included companies that are neither involved with his transaction or have nothing to do with him such as Cashnow Plus - Paydayexpress - Cash Next - Ifgx - Magellan1 - foxnex - trust Vault which amounts to nothing more than common slander!

Reports & Rebuttal
Respond to this report!
Also a victim?
Repair Your Reputation!
//