Scam Alert: "Winning In The Cash Flow Business"
Filed in archive Work at Home Scams on August 27, 2008
If you're a night owl you've probably seen an infomercial about a home based business "opportunity" called "Winning in the Cash Flow Business". It's hosted by a man named Russ Dalbey who claims you can make huge amounts of money simply by finding "notes" and helping people sell them. The infomercial is purposely vague about what exactly notes are and how to find/sell them. It spends most of it's time showing glowing testimonials from Mr. Dalbey's "students" and hawking a "kit" that will show you how to get started for just $39.95. Now here is what they DON'T tell you:
1. When you call you'll be heavily pressured to purchase an "upgrade" for just $300 more.
2. After you order the kit you'll be inundated with phone calls inviting you to be a "protégé". All you have to do is pay an additional fee which is anywhere from $2,000-$10,000 more! The sales tactics they use are extremely high pressure.
3. Russ Dalbey has not made a dime "flipping notes", but he does make over $100 million a year ripping people off through his infomercial.
4. Russ Dalbey has changed his business name several times due to investigations by the Better Business Bureau and the U.S. Attorney General's office.
So needless to say, this is just another scam designed to target people desperate to own their own business. Stay far far away! Still need convincing? Check out this site that has over 200 complaints from folks who fell for the infomercial.
Tags: home based business work at home work from home home office work from home scams self employment tel
Vote for Scam Alert: "Winning In The Cash Flow Business":
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Rating: 8.67 out of 27 vote(s) cast.
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Response from:
Keny Luger
(09/11/08 12:16pm)
Response from:
Pat Baier
(10/03/09 3:32pm)
I just lost $15,000 to Russ Dalby even after contacting my credit card company, the BBB and the Attorney General. I guess that was an expensive lesson to learn and he is The Master of Deceit and dishonesty. I fold.
Response from:
ben 10 games
(07/17/10 11:05pm)
eep very far from. I have seen a lot of complaints of not only Russ Dalbey and his WITCFB program but the companies he associates himself with.
Response from:
Mike Buenger
(10/26/10 11:37pm)
I got soaked for $12,000, don't go anywhere near this garbage.
Response from:
Ciara Fletcher
(12/11/10 10:35am)
I purchased this kit and they have been calling non-stop lately...Is it really truely a scam? I am 21 years old living on my own and working a part time job..when i talked to them they kept insisting that i launch my business today and to pay $500.00 at least to start! I was in shock! I can barely afford to get by right now let alone hand over $500.00. The reason i purchased the kit was to "make money" not spend more!
Response from:
Kelly P
(01/26/11 12:34am)
after getting the kit I got a call from a salesman who ask me if I would like to be a "protégé" of Russ Dalbey when I ask how much it would cost me, I got a long series of questions which after which I was transfered to some sucess counsler. I had the impression that I had been given the 2 step shuffle. I know that I am not the brightest bulb in the world but after thinking that about them later I realized that the salesman was trying to find out if I had money that I could be asked to invest in the program, When he knew that I did not. I had been given the 2 step shuffle after all.
Response from:
Kelly Provorse
(01/26/11 12:35am)
after getting the kit I got a call from a salesman who ask me if I would like to be a "protégé" of Russ Dalbey when I ask how much it would cost me, I got a long series of questions which after which I was transfered to some sucess counsler. I had the impression that I had been given the 2 step shuffle. I know that I am not the brightest bulb in the world but after thinking that about them later I realized that the salesman was trying to find out if I had money that I could be asked to invest in the program, When he knew that I did not. I had been given the 2 step shuffle after all.
Response from:
jo
(02/13/11 4:25am)
Modern Home Remodeling : Contractor in NY and North NJ-Modern Home Remodeling ; a renovation contractor specialize in home remodeling and interior design serving the NYC metropolitan and north NJ
Response from:
remodeling in ny
(02/13/11 4:27am)
Modern Home Remodeling : Contractor in NY and North NJ-Modern Home Remodeling ; a renovation contractor specialize in home remodeling and interior design serving the NYC metropolitan and north NJ
Response from:
Ann
(03/18/11 9:37pm)
I just got off the phone with one of Russ Dalbys sales people and the price went from $2,000 to $4,000 in five minutes. They offer to help you achieve this by you sending them $500 to start if you do not have the thousands.
Response from:
cj
(03/21/11 11:36pm)
bought the late night pitch and then upgraded to the "protege" program for another $300 f*&king dollars. stay, my friend, stay far away...
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The promise of easy money might be very tempting but people should always do their homework or they stand to lose much much more than they hope to make.