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FIB - Scams 101
Here's some info, hope it helps.......
Posted By: Kami In Response To: Re: CarbonCopyPRO - outrageous claims. Scam, or it has a dram of reality? (Michael J McMillan)
Date: Sunday, November 25, 2007, at 7:17 a.m.(pst)
Jay and Mike are with Wealth Master's International whose CEO is Kip Herriage and president is Karl Bessey. I was a "founding consultant" with the company back in March of 2005(?). I wised up quickly and hated the idea that I was a marketing an "opportunity" and NOT a product.
Their product is financial education which is easily located online and there is no need to pay $3000-3500 for it. I went to their M2 event and they had really good speakers but unless you had the money to invest, not really worth the exhorbent price. They now have an M3 which I believe runs in excess of $12000.
They have a Wealth Acceleration Program which is basically a financial planner refinances your home and then you use equity to escalate the payoff of your lowest debt building up to the highest (usually your mortgage). Simple stuff. I was the first client to go through the process with their alliance Axis Advisors out of OH (they are no longer....for good reason!) and the finanical planners took the $3000 I paid them and dissappeared. When I went to Kip and Karl because I was out $3000 and did not get what I was promised from their alliance they did not readily stand behind their product.....I simply got a "too bad, so sad, we got screwed too" attitude. This really struck a nerve because I thought I was "friends" with Kip and Karl. I complained heavily and filed a BBB complaint. It was only at that point that they had their NEW financial alliance contact me and work with me and even then they told me the guy was doing it as a FAVOR to THEM. This is how they took care of a friend and a founding member (MY money helped START their empire).
Needless to say I haven't spoken to either of them in several years. Their product is modeled after Emerald Passport and Global Prosperity. Both Kip and Karl have been in the "network marketing" (MLM!) field for many years and have made ALOT of money. They are very present in WMI and make them selves "avaialble" but look out if you cross them or question them.
Once I decided I could not market an opportunity but I would utilize their alliances because I paid to be a lifetime member I no longer received updates or emails on what was happening within the company. You either market or your out seems to be their philosophy. Seems to me if you pay to be a lifetime member you should continually be informed of new alliances and information. Not so.
This was where I got my degree in hard knocks. They easily slip under the radar of being a scam.....but I certainly wouldn't waste my money knowing what I know now. There is other information on them at Rip-off Report. They are a very new company and are pretty much a glorified EPI.
Hope this helps
>> I would be very skeptical.
>> OK, how did this come about? Was it sent by somebody you know and have
>> reason to trust? Was it part of the blizzard of spam that all email
>> inboxes seem to be subject to? Anything that comes by way of spam is
>> automatically suspect right out of the box.>> So has nearly everybody else who promotes these things. By now there
>> should be forty millionaires on every block. How many are there in your
>> neighborhood? Mine is a tad short on the supply.>> A quick scan of Google turned up nothing saying it's a scam, Couldn't
>> find anything saying the same about Jay Kubassek or Mike Dillard either>> This passage above scares the bejabers out of me. Take my word for it,
>> when you see something worded like that grab your wallet and run away as
>> fast as you can.>> Too many red flags for my liking. Of course it appeals to the
>> "Get Rich Quick" mindset, and if you're in a hurry to make your
>> first million before your next birthday you might bite on something like
>> that. I DO think someone will make millions fairly quickly, but--- this
>> being an MLM scheme-- I'm betting the money gravitates towards the top and
>> leaves the folk on the bottom spending money on dreams.>> Good luck if you decide to pursue this. You're going to need it.
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