NuTek Enterprises, LLC
BuzzBot Running a Ponzi Scheme. Not paying members. Not Paying Staff. Not Paying Invoices
- 11-23-2009
- 5
This company is running what amounts to a Ponzi Scheme. They can't pay their member base unless new investor capital is raised. They're not paying their staff, and not paying invoices sent to them. They're refusing to respond to emails.
When they do pay their staff, it's being done "under the table", with no taxes being withheld.
In a "shared advertising revenue" scheme (which violates Google Adsense's AUP), they have changed how members get paid, making the member wait longer. They're claiming to be rolling the income until a pay point is reached - I have my doubts.
They're now spamming their member base, trying to get them to "upgrade" to a new package.
They are also now augmenting their refund policy - not providing a refund when requested, instead telling a member they have to wait a full year in order to obtain a refund (most likely reason has to do with the first paragraph)
Company: NuTek Enterprises, LLC
Country: USA
Address: 1313 S. Park Ave
Phone: 4074850101
Site: mybuzzbot.com