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  • Report:  #285527

Complaint Review: Vision Investing Group LLC. - American Fork Utah

Reported By:
- Houston, Texas,
Submitted:
Updated:

Vision Investing Group LLC.
www.visioninvesting.com American Fork, Utah, U.S.A.
Web:
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Categories:
Tell us has your experience with this business or person been good? What's this?
A former employee of Vision Investing Group (located in American Fork, UT) who had tried to sell me the Short Sale Magic program while he was working for that fraudulent company contacted me recently. He told me that I had made a wise decision in refusing to purchase the program, due to the fact that he had learned it is worthless as are all of their other programs. He informed me that Vision Investing Groups previous credit card transaction processor had stopped processing credit card transactions for them and because credit card transaction processors have access to the merchants bank account, the processor had seized hundreds of thousands of dollars form Vision Investing Groups bank account in order to pay back the credit card holders who had been defrauded by Vision Investing Group and were doing chargebacks, and that the processor had finally closed Vision Investing Groups merchant account. Additionally, he stated that this same credit card transaction processing company had placed Vision Investing Group on MATCH/TMF due the large number of chargebacks that had come in, which were initiated by individuals who had paid for Vision Investing Groups worthless programs with their MASTERCARD or VISA credit cards. I learned that MATCH/TMF is basically a highly secure online bulletin board that has been made available to credit card transaction processors and other financial institutions in order for the industry to guard against companies or individuals who commit fraud, by placing and viewing on this bulletin board entities that have engaged or are engaging in financial fraud of one form or another. This former employee of Vision Investing Group also stated that Vision Investing Groups current credit card transaction processor is processing credit card transactions for this fraudulent company with the full knowledge that Vision Investing Group has been placed on MATCH/TMF due to fraud, emphasizing that individuals whose credit cards have been charged by Vision Investing Group and processed by their current processor now may have the right to take legal action against this credit card transaction processor and should definitely report this situation to MASTERCARD INTERNATIONAL and VISA USA and in fact they should file complaints with MASTERCARD and VISA against this processor due to the actions it has taken. Certain other information that this former employee gave me is that due to the lax laws with respect to deception via misrepresentation, bate & switch and other forms of fraud in the state of Utah, in addition to Vision Investing Group, several other companies involved in Get Rich in Real Estate schemes/scams have based themselves in the state of Utah. Since apparently the state of Utah Attorney General does not care about fraud in that state, it is probably prudent of people who have been scammed by Vision Investing Group or by other fraudulent companies to contact the U.S. Department of Justice and file their complaints with the U.S. Attorney General. For everyone and anyone out there whom Vision Investing Group has defrauded, I hope the information I have provided will be helpful to you in filing your class action lawsuit against this fraudulent company. Dont give in to these charlatans and GOOD LUCK. Finally, KUDOS to ripoffreport.com for facilitating the dissemination of information.

Jenni

Houston, Texas

U.S.A.


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