In addition they are in violation of Florida State Law in regards to proper licensing and regulation as a Telemarketing activity. They have improperly represented themselves to state authorities as a non-profit agency to avoid regulation.
If you have been offered a refund by this company or one of their aliases:
You should immediately call your bank and charge back against this company for the full amount of the charge they made against your credit card. Currently they have over $1,000,000 in unprocessed refunds, the majority of which will never be paid by this insolvent scam.
Keep watching this report for future information about possible class action activities.
Corporate Management
United States of America#2REBUTTAL Owner of company
Fri, October 14, 2011
In September 2011, Financial Knowledge Network released a small number of employees. The reason for separation is confidential and will not be publically discussed. However, it bears mentioning that all employees released had been with the company over two years. In that time, none ever raised questions about company operations that are reflected in the fraudulent post. The complaint listed below is a severely inappropriate fabrication by a disgruntled ex-employee. It reflects severe lack of professionalism and ethics.
We applaud the work done by RipOffReport.com in allowing consumers to express concerns about specific experiences with companies. However, this post does not qualify as a consumer compliant. This is a malicious and defamatory statement so riddled with false accusations and misinformation that it presents fertile ground for a libel suit. This post has been referred to our corporate counsel to explore legal options.
The Financial Knowledge Network is a fully licensed, legally operated, for-profit financial education company in the State of Florida.