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  • Report:  #261681

Complaint Review: Moneywayz - Phoenix Arizona

Reported By:
- Hesperia, California,
Submitted:
Updated:

Moneywayz
3030 N. Central Avenue Suite900 Phoenix, 85012 Arizona, U.S.A.
Phone:
866-889-0371
Web:
N/A
Categories:
Tell us has your experience with this business or person been good? What's this?
I had been looking for a home-based business when I was contacted by Moneywayz in November of 2005. The entire system sounded good because it would be able to help families with their health coverages, travel, shopping, mortgages, etc. I considered it and then paid $1,700 for the entire system.

Immediately, I began working with a coach and bought ads in the PennySaver and other local magaziones and the Moneywayz postcards to mail out. When those did not bring me any income, my coach suggested e-mail postcards. And, since I had not made any money yet, they doubled the number of e-mails for the amount I was buying. My coach also sent out brochures for me and I had business cards made up which I put out all over -- stores, schools, cleaners, anywhere I went.

The next thing that my coach suggested was to have a late night TV commercial made to run on cable channels in various markets throughout the States. They would make up the commercial, I would just have to pay to have it aired. I still have the commercial. I never ran it because the airtime was expensive and I was not going to put any more money into a business from which I was getting no return.

Every couple of months, I have called Moneywayz in order to find out what is happening. The last time I tried, I was unable to reach anyone and, now, the phones are no longer in service and the website, which is supposed to be mine, is no longer available.

This has been a nightmare and my husband is not happy! It's one thing to start up a business. It's another when that business has no future and it has all been a scam.

Sharon

Hesperia, California

U.S.A.


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