I want to WARN anyone who is considering doing business with SRC Lists or SRC Leads or whatever name they are using. They are complete liars and you should not do business with them unless you just simply want to throw your money away.
I have been in this industry for 15 years and have never seen anything so bold to rip off financial professionals trying to grow their business.
This is what happened:
I have been contacted by several different sales reps from SRC over the past 2 years. I first noticed a problem when one sales rep would tell me a different story from the previous sales rep.
In a nutshell they claim to send out a "survey" with credit card statements to a demographic of people making over 100k per year that have CDs coming due within 90 days and these people check boxes on this survey indicating their personal information such as the value of their home and how much they have in CDs and when they are coming due and of course putting their phone number and signing their name to indicate they would like to be contacted by a financial professional to explore their options.
This is a lie!
They will tell you anything to have you send in your credit card.
They told me they would send me the actual surveys these people filled out and this would come within a few days via UPS. They could not however provide me with a sample copy of one single person who had filled out a survey with their program.
I also asked them for referrals of which they claimed they could not give me. After several weeks of trying to sale me the sales rep told me that a major insurance company regularly used their leads and agreed to provide me with a referral from one of their agents and have him call me.
An agent did call me, however the only problem, was that the "agent" who called me was not the real agent, it was another sales rep from SRC impersonating a financial services professional from this major insurance company. He lied to me about his name and told me he worked for the insurance company and had used the leads from SRC every 3 months. It was immediately obvious to me he was lying because when I asked him a few simple questions about our industry he fumbled the answers and didn't really have any knowledge about our industry.
I asked him what branch he worked out of and he told me so when we hung up I decided to call the branch and ask to speak to the agent who supposedly had just called me. Guess what... He had no idea what I was talking about because it was a different person. Later that night I called back the number the "agent" from the major insurance company had called me from and his voice mail had a different name and referenced his association with SRC.
I decided to call to speak with the branch manager and explain the fraud and how someone from SRC was impersonating one of their agents. To my surprise the branch manager knew of SRC because the previous week she had spent $1,500 for leads from SRC. She was FURIOUS not only because SRC was impersonating one of her agents but because she had just realized that she had also been ripped off by SRC and no one would return her calls from SRC after selling her the bogus leads.
Do your homework, look at the over 400 complaints with the bbb and all of the posts of people who have been ripped off.
I challenge anyone from src to come forward and reply to this post.
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