- Report: #21762
Complaint Review: I Wealth iwealthinc.com Mining Gold -
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Author Not Confirmed
Why?
I Wealth iwealthinc.com Mining Gold
U.S.A.
Phone:
866-441-5500
Web:
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I Wealth, iwealthinc.com, Mining Gold deceptive selling didn't deliver what was promised no valid return communication St George Utah
Apr 2---I get a sales call from Tyler and Cason who were team selling their internet busines education/startup/support service. In that call I gave Cason my situation of my desire to market audio based musical education products that were not yet developed and the fact that I had a commitment to go on an educational trip for six weeks for the product development this summer.
In the presentation Cason said that I could get into business without a product and then go to my plan, and that their dropshipping service would provide products. For the $4937 US, I was verbally guaranteed to be earning at least $55,000 per year after 10 weeks of the course.
In my first sessions with my coach, the first steps included strong advice not to develop a market for an unrelated product. This primary truth and principle was immediately a problem in my case, but I decided to ride it out. But as each week passed, and I was spending my time and energy on searching for unrelated products to my vision, a conflict sprouted and continued to grow. It took a couple weeks to see that I was on the fast track to nowhere.
Still having a commitment to meet my obligations to the program, I sent my first email to support explaining things an asking for basic information.
May 6---I requested some information about the service and gave specific details about my Africa trip and how it relates to scheduling of my business start-up.
May 9---I sent a "whats up" email asking why they did not respond including a strong expression of disappointment at their level of customer service.
May 10--I receive a generic email thanking me for contacting them and that they would answer my questions ASAP.
May 13-- After no response, I requested termination with my reasons, including Cason Frei's promise of getting going without a product, timing with an educational trip for business development and my conflict of spending energy on unrelated products.
May 17--After receiving no response, I sent an email expressing grave concern at their lack of communication.
May 18-- I receive another generic email stating that they will respond.
I feel strongly that I was mislead in the sales process and that IWealth did not live up to their obligations with regard to the service they said they were offering. To this date I have received no realistic return communication from them. (Just the two generic emails mentioned above)
I have received some coaching and downloaded a manual. I am stuck with my lost investment and no service or communication from this company.
There is a major problem in that in my case I contacted by phone and do not believe that they are recruiting on the internet.
Paul
Thunder bay, Ontario
In the presentation Cason said that I could get into business without a product and then go to my plan, and that their dropshipping service would provide products. For the $4937 US, I was verbally guaranteed to be earning at least $55,000 per year after 10 weeks of the course.
In my first sessions with my coach, the first steps included strong advice not to develop a market for an unrelated product. This primary truth and principle was immediately a problem in my case, but I decided to ride it out. But as each week passed, and I was spending my time and energy on searching for unrelated products to my vision, a conflict sprouted and continued to grow. It took a couple weeks to see that I was on the fast track to nowhere.
Still having a commitment to meet my obligations to the program, I sent my first email to support explaining things an asking for basic information.
May 6---I requested some information about the service and gave specific details about my Africa trip and how it relates to scheduling of my business start-up.
May 9---I sent a "whats up" email asking why they did not respond including a strong expression of disappointment at their level of customer service.
May 10--I receive a generic email thanking me for contacting them and that they would answer my questions ASAP.
May 13-- After no response, I requested termination with my reasons, including Cason Frei's promise of getting going without a product, timing with an educational trip for business development and my conflict of spending energy on unrelated products.
May 17--After receiving no response, I sent an email expressing grave concern at their lack of communication.
May 18-- I receive another generic email stating that they will respond.
I feel strongly that I was mislead in the sales process and that IWealth did not live up to their obligations with regard to the service they said they were offering. To this date I have received no realistic return communication from them. (Just the two generic emails mentioned above)
I have received some coaching and downloaded a manual. I am stuck with my lost investment and no service or communication from this company.
There is a major problem in that in my case I contacted by phone and do not believe that they are recruiting on the internet.
Paul
Thunder bay, Ontario
2 Updates & Rebuttals
Matter Settled
#20
Fri, June 14, 2002
After finally making contact, I Waelth and I came to a mutually agreed upon resolution in the form of a partial refund. I am now just waiting for the credit to show up on my account.
The Fraud Chick
Ethics,Arkansas,
Sounds like a scam!
#3Consumer Suggestion
Thu, May 30, 2002
Paul, You've just described what may be a serious scam. First of all I want you to get "investment" out of your vocabulary. Fraudsters use the term "investment" because courts understand that investments can be lost and no criminal action may be taken and civil recovery is not always an option. You were fairly sketchy, but it seems as though you paid for training that you never received. That is unless you were sold a $4,937 manual. So you made a purchase of services not deliveredtheft by deception. I suggest you get your money back immediately. Since you are located in Canada I suggest you contact the EDitor of this page and request assistance through the recovery program. I believe this is the first time ever I have recommended that to anyone on this report--so please don't think I'm a shill. It's just that because you are in Canada, he may be actually able to recover what others cannot. I need to know how you paid for the program: If it was by credit card you need to file a fraud complaint immediately. If it was by an ACH debit to your bank account you must file a fraud complaint with them immediately and request full reimbursement. If it was by cash, check or money order it's gone. But check the back of the cancelled money order or check for the bank account number where the check was deposited. Submit that information to the Utah State's Attorney General at: http://attygen.state.ut.us/contact.html. Let the fraudsters know you intend to report them to the Utah AG. Demand your money in full and accept nothing less. Dont let them bully you with commitment owed blather. Cons always attempt to bully by contract, but where theres fraud theres breach. Thanks for warning the readers and saving some folks from misery. Good Luck
