Complaint Review: Wealth Network Solutions - Phoenix Arizona

The telemarketers, selling the business opportunity offered by Wealth Network Solutions, LLC were incredibly deceptive and the business opportunity itself must be a scam: you are provided a duplicate copy of their website as their business opportunity and charge you a sizeable monthly fee for the web-hosting. There are red flags right from the very beginning that should tell you that they are a deception and very likely a scam, which I unfortunately ignored. All of my initial questions, regarding what I would do to actually make the opportunity work, were side-stepped with the response of "that will be addressed by your marketing coach." However I later found out that Wealth Network Solutions does not provide marketing coaches to actually tell you what to do to make money with their site.

They do have someone call you, acting as if he is a coach to "coach you out of more money." He told me that most people give up the business soon within a few months, but to encourage me to continue, I should participate in their "lead program" where I can get leads to down-lines who will also be participating and that will help me see the business working. This was at a cost of several thousand dollars. The salesman claimed that the leads were "targeted leads" and therefore the conversion rate of the list of people to actual people, joining Wealth Network Solutions as a down-line, was between 6% to 8%.

They also claimed that I was guaranteed to get all of my money back with a minimum of 25% return (which was totally untrue as they refused to acknowledge that such a statement was made later on). On the day of the leads purchase, they call you to say "they made their first sale" to put you at ease to think this was a good investment. However I highly doubt they actually made a sale that day. As time went on, only a few people on that list were willing to be their next victims so these leads purchases resulted in huge losses of several thousand dollars.

I also believe that Wealth Network Solutions, LLC is a scam or illegal pyramid scheme because they distributed a marketing manual to new members, which is actually harmful to their business. The marketing manual was written prior to the existence of Google and does not mention Google at all, but mentions the Infoseek search engine which has long been out of existence. The manual emphasizes registering the website with the search engines, but that is the WRONG thing to do. The site with Wealth Network Solutions is duplicate content, and search engines throw site URLs with duplicate content into a secondary database as trash: they filter out websites with duplicate content.

The manual also emphasizes activities on the web that were pertinent to the late 1990's but the internet has changed so radically since that time and therefore has no relevance. This showed me that there was no initiative whatsoever to make the actual business opportunity function and no research done by them to determine the necessary actions to make the actual business opportunity function or actually be used to earn an income. There was little motive on their part to actually earn an income through their site. However their efforts to recruit people into the pyramid and sell the business opportunities were very well planned, very elaborate, and fully indicative of an illegal pyramid scheme.

Wealth Network Solutions also distributes your name, without your permission, to predatory "internet advertising" firms. These firms call you up stating that they are "your account manager with Wealth Network Solutions." Be mindful that Wealth Network Solutions had repeatedly mentioned that you would have a marketing coach so you are very vulnerable to these telemarketers. They tell you elaborate fairy-tales of success with the Wealth Network Solutions site (one such firm is www.firstusadata.com).

They heap details upon details with their claims of success and that they helped other people from Wealth Network Solutions become very rich. This I know to be very untrue, given the evidence already stated. Therefore their services also result in huge losses. I did pay for advertising with one of these "predatory" firms, but later brought to their attention that their services were ineffective, and that I was going to blast them all over the internet and file complaints with as many agencies as possible (and amazingly that firm willingly gave me my money back, so I will not mention them here as I promised them).

Despite all of the traffic sent to the Wealth Network Solutions site, I was told me that no one had submitted any information through my copy of their website. I thought this statement to be very odd and brought into question their integrity of their business practices, given that I had a friend enter information into the site. I felt that they were deceiving people and no longer wanted to be a part of this deception.

With Wealth Network Solutions, getting your money back can be very challenging. They walk you through a number of steps of "that's how we do the sale" which are actually meant to help solidify their case to your credit card company that "they made their *no refund* policy very clear" and "that the customer *received* the product" in the case that you disputed the charges. However, be persistent and do not give up when the credit card company initially reapplies the charge. Unlike many people, I did manage to get most of my money back though disputes and and being persistent in fighting when the charges were reapplied.

With all of the elaborate stories of success, I later learned that Wealth Network Solutions had not been in business long enough to even make such claims by them and their predatory advertising partners.

Online fraud experts have also determined that Wealth Network Solutions is more interested in selling the business opportunities rather than engaging in an actual business and is an illegal Ponzi scheme and advised people to file a report with the FBI.