Global Cashflow Networks makes several marketing products, the main one being the certified media placement specialist plan. The average cost is between $2,000 and $5,000 including the advertising package. They use two unknown “trust” web sites with no Google pagerank to establish credibility. This is because at the Better Business Bureau they have an F rating with over 46 complaints. They also paid Ed Magedson at ripoffreport.com his fee and all their complaints were turned into praise and endorsements.
At first glance, globalcashflownetwork.com looks like a typical business site, corporate and even a little boring but not bad. Clicking on “CMPS Program” from the main menu is where it begins. It’s a landing page that starts the funnel process and they leave no button unpushed. It’s clearly aimed at newbies, and it’s as predatory as it gets. Shocking report, $300 per day, the raw power of a wad of cash big enough to make Trump blush in your pocket… That’s their sales copy… I couldn’t even make this kind of thing up.
In case you don’t know what a funnel is, in marketing terms it’s a series of pages to weed people out and find out who’s got money to spend. It starts typically with a name and email form, then proceeds (like this one does) into another much longer form.
When you see this, and still no mention of the product or pricing you’re in for a very high ticket price, it’s a screening process to shake off people who don’t have the thousands of dollars. With them, you get the course, then a free “mentoring session” which is actually an interview with a closer to get you to buy the $5,000 advertising package.
These people are good closers too, many sources claim they guarantee results and success, they promise the sky and act concerned about you. All you have to do to get them to stop is say you don’t have any money left on your credit card.
The average source for this review spent between three and five thousand dollars and received two or three checks for $10-$100 with no itemization of what was sold. It sounds a lot like they’re just sending these checks to show they “made” some money. Any real place would show a list of what was sold and who bought it.
If you’re still considering this at the very least use a real credit card, not a debit card and know what your chargeback time limit is (it depends on the issuing bank). Call the number on the card and find out. I’ve never seen this many BBB complaints, or how bitter and angry the people are who’ve tried it. When a place has to pay ripoffreport to change all their complaints into endorsements, there’s a major malfunction going on.
Merchant Accounts
February 1st, 2010 at 8:41 pm
I have paid over $7,000.00 to these ripoff merchants for a few hours of so called training. They promised to give me a refund of $2,000.00 two months ago but I am still waiting for it. I have sent them email messages but do not receive any replies. I have even telephoned them but I have to leave a message and do not receive any calls back from them. Someone has to put a stop to these companies that take your money and give nothing in return.
February 5th, 2010 at 4:59 am
they are a scam. promised i’ll get a coach but they lied.up to this moment i’m still trying to get my money back.i’m reporting fraud to my visa co.
February 15th, 2010 at 1:39 pm
I have wrritten to Gloabal cash Flow network to ask to thento terminate my menbership and they said that I would have to talk to a supervisor before they can end my membership due to company ethical> THis also menas that I would have to call to cancel my membership which I have called but have never be able to get a supervisor to actually stop my menbership, so in short, we will never ut through a supervisor cos that will alows them GO ON CHARGING A MONTHLY FEE TO MY CREDIT Card. THIS FIND TOTALLY HARD TO ACCEPT SO MY ONLY CONCLUSION HERE IS THAT Global Cash Flow NETwork is a scam and all they want to do is to keep charging our credit card by making an excuse that we need to contact a supervisor which I truly believe none exist in that organisation. They will go on charging you month after month without a care that you may have problems paying them for nothing for $67.00 a month. That really sucks so for allyou out there pls beware of their ow they make you pay then $67 every month for literally nothing. They are so good at keeping you from ending your membership, by asking you to speak to a Supervisor who can only cancel the menbership after having spoken to that supervisor and truly when you do call, you will never, never get a supervisor on the line to cancel the membership for you..so you can see the trick cos as long as they dont let you to speak to a supervisor, they will go on charging you $67 everymonth on your credit it.I absolutely detest this
and feel like I am being cheated. Bad, so very Bad…I am so very upset too.
March 20th, 2010 at 12:46 am
Hi! This message goes out there to anyone who is even CONSIDERING giving money to Global Cash Flow Network. DON’T DO IT!
I can honestly say this company is a scam, and the only reason they “claim” they help you is…. is that the person you are speaking with on the end of the line is AN EX-CON who gets paid commission on getting you to sign up! They don’t know what happens once the sale is complete, after you give them your credit card number. Your papers are thrown into a shipping department that doesnt even has supplies to ship out to you, and from there you are ON YOUR OWN.
the company will NOT tell you their real address, you will not receive your package on time as promised, and you will be on your own from there.
If you HAVE already given your $ to this company, and think you are/can get a refund?? GOOD LUCK. They have no money to even PAY YOU your refund BACK, so your money is gone. I would highly suggest you report them to Better Business Bureau in order to file a complaint to TRY and get your money that route.
I wish everyone the best of luck who went through this company. Don’t give them ANY credit card information!! Esp over the phone if you are considering signing up, you don’t want an EX CON having your personal information, do you?
Take it from me. I got scammed.
May 17th, 2010 at 8:41 am
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Phoenix Scams Exposed
May 5th, 2010 7:48 am
Please be advised that GCFN,Premier,Mary Gersten,CMPS are all owned by a DAN KUSCHELL. Dan Kuschell is the creator of this internet scam going on 7 yrs. Dan Kuschell was the general manager for Don lapree’s 1-900 numbers back in the 1990,s and the Worlds Greatest Vitamin. Don Lapree was raided and shut down by postal agents. As far as we know he has been banned from any internet biz-op but may be working under another name in another country. Dan Kuschell uses Mary Gersten as his front. According to sources he is identified as Mary Gerstens mentor,employees are not to say that he is the owner all though he is at GCFN on a regular basis. He is well trained in persuasion,public speaking and travels frequently making contacts with lead providers like under ground cash secrets,bank Card empire( Bank Card Empire was shut down by postal agents in March/April 2010) & Many other internet Biz-op on the internet. These contacts will sell him buyer leads or people that inquired about HBB. In most cases these people(leads) have been already taken or scammed by these other Co. on the internet.
How they get the money: Once they make contact with a prospect they feed on their fears,job,economy,working for others, financial security of the persons family. empathize about the previous scams they lost money in and convince them that they are different HBB with excellent rating in ripoffreport.com,dontgetscammedagain.com,honesty.com and others. Many of these site have been paid by GCFN to post positive reports about them.
The HOOK!! Once they have you hooked in they sell you a level $199.00-$399.00 upto $2000 if the sales rep knows you have more money on the credit card. They repeat risk free frequently.
The LINE: Once you receive the package you call a level 1 media coach. He or she will tell you that you need traffic or your biz-op will not make it..They read a script verbatim that has been tested to work over and over with millions in results for them. They promise you guarantee of up to $25,000 in 3 months or they will re-run your traffic. They never say that you will get your money back or get refund. Traffic is non-refundable. They also sell you TV ads,radio ads email blasts and so on. The traffic costs $3500-$6500
The SINKER: Once they establish you have an interest and ask you series of question about your finances they sink deep into you pockets even asking you to take loans out on your home,cleaning out all your credit cards to the max. The traffic you purchase is random traffic that they send to all member sites..They tell you its direct traffic and or co-op!! You never actually know whats what..When you first get your site you will see direct and co-op traffic on your site numbers that have been on their previously.
The WEBSITE: The website is used so you can refer others into the program. you will get a percentage of the so called sale. Those people who inquire about info and get sold go through the same thing you do..Nothing accept 1 or 2 anchor checks for $10.00 to make you think it working.
The SUPPORT: They will answer the phone but never really help you. They just refer you back to a page in the binder that is out dated or the links don’t work. The employees are disciplined if they stay on the phone with you for to long or terminated.Too much info is a no no!!! The fear is that if the student finishes the 14 point check list and doesn’t make money than they will ask for the money back.
The REFUND: After one year if you don’t call and send all of the completed 14 point check list than you get nothing. If you do send the 14 point check list and made no money they coerce you into buying traffic with it. Traffic that don,t exist. If you call in within the first year and cancel they coerce you in staying with the program with a partial refund. If they approve a refund partial or not, expect to wait for 6 or more months for it.
The QUALITY TEAM: Quality management has a set goal of saving cancellations. They use many techniques each rep must meet saving at least 60% or higher of the cancellation of that day by partial refunds or convincing the people that they violated the terms of agreement and hoping they will hang up and not call back or giving them free bogus traffic or a coach to speak with for one on one etc. The quality team will save the co. approx $60,000-$80,000 in potential lost revenue a day.GCFN hold onto the money as long as they can.
The MONEY: Dan Kuschell has it all. The money is invested in various interest baring accounts world wide in different Co. Names. By the time you get any money back GCFN has made hundred of thousands of dollars interest and investments.
The MAGIC words: Attorney Generals Office,FCC,Lawyer,BBB. And even these words may not scare them into getting your money back. The AG will only send them a letter to to resolve. The BBB has a F rating on them so it don’t matter what you say. The FCC has too many complaints to handle amongst yours. A lawyer will not take your case without a retainer for $1000 but you reporting it does. The more the agencies receive the complaints than at one point or another they have to investigate them..The final results are like the governments example of a shut down and raid by postal agents and feds at 6 Bank Card Empire locations that have been shut down this year in PHX AZ!!!
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Phoenix Scams Exposed
May 5th, 2010 8:45 am
Dan Kuschell’s Lieutenant-President CEO/OFF THE RECORD
TEMPE AZ
1)Mary Gersten – Vice President- GCFN/CMPS/DIRECTOR
2)Kevin Huet- Center Manager- GCFN/CMPS/PREMIER
3)JOHN PHELPS- Center Manager- PREMIER OFFICE
4)ART LETTERMAN-LEVEL1 MEDIA COACH GM
Dan Kuschells Puppets: TEMPE AZ
1)Wade Matteson
2)Jerry Albert-FE Sales GM- the last name is a fake last name. He is a former state trooper for Washington state police.
3)Art Letterman-Level 1 Media Coach GM.
4)JOHN PHELPS-PREMIER CENTER MANAGER
SINCE THE EARLY 1990′S TILL NOW THESE PEOPLE HAVE SCAMMED HUNDRED AND THOUSANDS OF PEOPLE IN AMERICA AND ACROSS THE GLOBE OUT OF MILLIONS OF DOLLARS.
…………………………………………….
DON LAPREE’S FORMER EMPLOYEES 1-900 NUMBER SCAM AND WORLDS GREATEST VITAMIN SCAMS. 1990′S.
DAN KUSCHELL-GM/CENTER MANAGER 24ST AND CAMELBACK IN PHX OFFICE.
KEVIN HUET- UNKNOWN JOB POSITION
ART LETTERMEN-MEDIA COACH
WADE MATTESON-QUALITY MANAGEMENT
JOHN PHELPS- SALES
June 9th, 2010 at 3:25 am
I was an employee for only 2 weeks, but after dealing with sudden schedule changes and being told the pay schedule was changing (on the day it was supposed to be paid), I quit. If I waa on the phone talking to a prospect too long, I was reprimanded. They were afraid that I may slip up and not follow the script, accidentally giving too much information. Employees are treated like mindless puppets with out any thought for feelings or dignity This is a company that has no integrity whatsoever that simply needs to go away. Unfortunately, it will only keep turning up under another name, ready to prey on anyone who truly wants or needs to have a side income. How these people sleep at night is beyond me. Please…stay away from them, they only want to get the sale and then continue to get you to pay for more “tools” to help you earn more.h The only thing you can be promised is a lighter wallet.
June 9th, 2010 at 10:05 am
I am still waiting for my refund and the last coaching I had was last December.
June 10th, 2010 at 4:05 pm
I spent two years as part of the GCFN scam program. I’ve started a blog tracing my experience and exposing the scam to all. Global Cash Flow Network’s Quality Manager Wade Matteson actually called me about the blog stating he “could be flexible” about the situation, but I have yet to see my refund. Thanks, and good luck out there! – Wilbur Elliott
June 22nd, 2010 at 12:53 am
I agree that this is a scam. I caught onto them a little too late. My credit card game me credit on one the charges $4250.00 for the Mentoring program, but I’m still fighting with them on the $6400.00 plus charge. They lied to the credit card company and said that I received the package. The proof they submitted was for the $175.00 beginner package. I refused the other packages, do I’m still working with my credit card company and fighting that charge. They want proof of return, but since I refused delivery, I don’t have that. They also lied to the credit card company stating that they’d tried to call me, but I have no messages left on my machine for 6 weeks now. So they haven’t tried. I’m telling folks, stay away from this company. I’m looking at filing a complaint with the better business bureau as well.
Oakdale, CA