I first became involved with Web Media Dynasty Technologies, LLC by signing up with an affiliate company, Merchant Freedom Network, in January as an "agent." This was supposed to be a Home Based Business Opportunity, where Web Media Dynasty was to contact small business owners on behalf of Merchant Freedom Network "agents" and lease them Visa/MC terminals as well as offer them small business loans. As one of Merchant Freedom Network's agents, I would receive a commission, a small percentage of the sales, which would result in a steady "stream of income" of anywhere from $1,000 to $3,000 a month.
Web Media Dynasty requested that I pay $14,000 for the leads which they would contact on my behalf, arrange for applications to be submitted and sales to be completed. I would received any where from 1% to 2% of the sales as commission, a form of passive income. The number of leads supposedly purchased on my behalf was 15,000.
I didn't fully realize that this was a scam until April. After having spoken numerous time to my "contact" person, I began to realize that they were lying to me completely. There were no leads, no appointments, no sales, no commission and no income.By the time I realized was had happened, it was too late to dispute the credit card charge. DO NOT GET INVOLVED WITH THIS COMPANY, unless you want to lose all of the money you invest. Both companies work together and share the same business address. Don't allow yourself to get scammed by them!
0 comments