I was contacted by Economic Freedom Corp. For a work from home opp. I talked to a rep that went over the business. I need to provide 5 small businesses a week. EFC would contact them and convert 4/5 into switching their credit card processing to get a lower rate. I had to get a License from the FTC, required by the Gov't for $495. I came to find out from my Sales Coach, who called a few days later, that the options were a) to go out and spend my time and gas driving around and talking to businesses and get their Buy-In for EFC to contact them, then a sales rep from EFC would finalize the deal. B) I could pay for a campaign to have Visa/MC employees call small businesses they had on file (That is what I was told). He talked up their campaign pkgs that would pay for Visa/MC Sales reps to call the small businesses and get them to convert in my name. At $2 a call the Campaign would contact 10k businesses, with a worst case scenario I would get 100 businesses in my name.in 6mo I could have up to $125k off this and be making monthly residual income. I put up $15k of the $20k the Campaign cost on my CreditCard. EFC "paid" the other 5k. After I read the receipts EFC sent me, I read my money goes to FM Marketing Limited, LLC. A Marketing Dept would be telemarketing and Email Blasting 10k businesses at $1.50 each! Thats not what I was told The next day I contacted my Coach on the home number he gave me. I got his answering machine and asked him to STOP CHARGE to my credit card, that I didnt want to go ahead with the program. He called back that evening and said he called his office to hold the charge and if I did'nt want to continue with the business then we would have it stopped and end the process. After the weekend $15k had been processed on my credit cards and none of the phone numbers I have were able to connect and allow me to speak with a rep to cancel charges. I have not heard back from my sales coach after telling him I want out.
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