VendStar
Ripoff uses Location Companies to break FTC Law
- 02-13-2007
- 16
Here goes - for years Vendstar has been using locating companies to break FTC law by promising/implying/guaranteeing income. They promise a location company 80% of their business (the other 20% get handed down to about 5 other location companies so Vendstar doesn't appear to be in bed with just one) and use the company to guarantee a return on investment and/or 10 vend a day volume.
So this locating company will - at Vendstars "suggestion" create contract with the ROI in it. Then Vendstar will tell the prospect: How can you lose? We will conference you in with a locating company the will guarantee you'll make - !!! Later the locating company will go down in flames - whether or not they where a legit - good company before - they will be shutdown or go bankrupt before they are shut down if they are lucky. Vendstar appeals to the greed of the locating company as well as the prospect and destroys both. Those tiny little plastic machines really don't make much and since they are grey and short are hard to notice in any business.
The current locating company "Vendstar sucker" is Specialty Marketing. Before Specialty marketing here are a few others that did it with Vendstar in the past:
Cornerstone - FTC halted them from doing this and Chris & Sid Putman are facing jail time and steep fines. However, Jennifer Putman owns Specialty Marketing (see above) - the daughter of Sid!
Vending Dreams - Bankrupt... Company had 0 complaints until they got in bed with Vendstar - went straight to hell in a matter of 18 months after that.
Crossroads - Bankrupt
Amazon - Bankrupt and indited by the FTC
This is just a small list but if you have been involved with Vendstar and have recieved an illegal contract (no contract can guarantee $ - ever) please report it to the FTC at (212) 607-2817 or www.FTC. GOV - they are investigating Vendstar for these matters.
PatrickFairFax, Virginia
U.S.A.
Company: VendStar
Country: USA
State: New York
City: Deerpark
Address: 880 Grand Blvd
Phone: 8009988363