Menu
For Business Write a review File a complaint
IVY CAPITAL

IVY CAPITAL review: Scam Artists 99

C
Author of the review
11:48 am EDT
Featured review
This review was chosen algorithmically as the most valued customer feedback.

I was co-erced out of $ 2500 of money I did not have.
I wanted to start up an online business and did not know the cost of doing so. They find out how much credit is available to you, then coincidentally, that is exactly how much the fee is. They verbally guarantee that you will make the money back within 3 months but it does not happen. They offer very little support, and I have read many complaints about this company.
They are very good at what they do which is scam people out of their hard earned money.

99 comments
Add a comment
T
T
The Creekside Cottage
Tappahannock, US
Aug 23, 2010 7:37 pm EDT

IF ANYONE KNOWS HOW TO START A CLASS ACTION LAW SUITE OR IS INTERESTED IN FINDING OUT...PLEASE EMAIL ME AT THECREEKSIDECOTTAGE@GMAIL.COM
WE NEED TO FIGHT BACK!
IF WE ALL POST OUR EMAIL ADDRESSES ASA YOU SEE THIS... I WILL MAIL A CLASS ACTION ATTORNEY AND HE WILL BE ABLE TO CONTACT EACH OF US FROM THESE POST. WE MAY HAVE A CHANCE AS A GROUP BECAUSE WE SURE DIDN'T GET ANYWHERE AS INDIVIDUALS!
POST YOUR EMAIL ADDRESSES!

We lost over $7, 000.00 and no one will return calls or refund our money. Let's face it. WE ALL GOT SCREWED AND WE NEED TO GET OUR MONEY BACK!

U
U
UT shawn
Ogden, US
Sep 08, 2010 4:08 pm EDT
Verified customer This complaint was posted by a verified customer. Learn more

I totally agree - I invested in this internet business over a year ago with the understanding that the company was going to be building me my website in which I could make money. In fact I went in and had a face to face interview with the Sales Manager Mike Raey in which I asked him why wouldn't they just continue to build themselves websites and keep all the profit to themselves instead of offering it to the public. I have his response written down (I've kept all my notes of the conversations I've had with them) but it was something to the effect that they wanted to create success stories to further promote this opportunity! Days after making the investment - I get contacted by Vianet Webzone. Come to find out - they are calling to schedule coaching with me (6, 1 hour sessions) to help ME learn how to build MY website! Long and short of it - STAY AWAY! I have yet to make a dime on any of the sites I've built and their servers for the websites keep going down (so your websites aren't even visible). I've just requested a full refund! If I don't get it ... please let me know of any class action lawsuit! Shawn, UT

B
B
bst
House Springs, US
Sep 19, 2010 3:28 pm EDT
Verified customer This complaint was posted by a verified customer. Learn more

I agree. A class action lawsuit needs to be filed on Fortune Learning Systems, Business Development Division-NV aka ICI, and Wholesale Match.

My total loss is $8.450. They should be stopped!

T
T
Teri1957
Cambridge, US
Sep 23, 2010 9:34 pm EDT
Verified customer This complaint was posted by a verified customer. Learn more

Yes they are crooks, but it seems that no-one knows how to bring charges against them. BY now they have stolen millions.

L
L
LadyTopaz
US
Oct 08, 2010 1:38 pm EDT

I, to, was scammed by Ivy Capital. I contacted my bank right away about the charges and have requested my refund as stated in the contract. I gave all this information to my bank showing them that I did my part the right way and if they don't refund my money that I will dispute the charges. Man, I can't believe I fell for this.

A
A
Alpha Tango
US
Oct 14, 2010 5:32 pm EDT

Want to hear something funny? They got 300 from me on a card and THEN gave me a "scholarship" they valued at 1100... I ended up seeing the scam and said I wasnt going to do this... bear in mind I signed NO agreements and accepted no more than the initial two sessions which were totally different than what I was promised i would be doing...NOW they have a collection company coming after me saying I now owe them 3800 dollars in the loan and interest! Incredible! Yeah how do we get a class action suit against these yahoos!

A
A
amerj19
Sayreville, US
Nov 09, 2010 9:42 pm EST
Verified customer This complaint was posted by a verified customer. Learn more

I've just become a victim of Ivy Capital and they charged more than 14, 000 dollars from my creidt cards. I've been asking them for refund because I cancelled the agreement before 3 days. According to agreement I can cancel it for full refund within 3 days. But they're using every tactic that we don't get refund. Everytime there's a new numbers they call from. Everytime there's a new person talking and trying to convince us to do the business with them and not to get refund. I agree to every word of all the comments and complaints other people have written about this company. But I've to say one thing, if they don't give me refund, I'll not be silent. I'll follow them every where in the world and bring them into the court for their fraud.

T
T
Teri1957
Cambridge, US
Jan 31, 2011 10:18 pm EST
Verified customer This complaint was posted by a verified customer. Learn more

Be advised that the recovery company, (bcarecovery.com), will cost you 50% of the money they recover. This is typical of collection agencys. I am using his services because 50% back is better then getting nothing back. Since my loss was close to 18 months ago, I was told that the arbitration process would take 60 days. If your case is more recent, then you can expect faster results. Good luck to everyone.

H
H
hawkeye10
Richland, US
Feb 19, 2011 8:10 pm EST

I received a phone call from a fellow that called himself Matt Petty, I will call him the "set up" man. He is the one who wants to know why you want to be successful at this time in your life and how much money you make, and how much money you have. You then have to talk to another fellow who will talk with you for up to one and a half hours to see if you qualify to be their next success story, because that is what sells their product, and they sell 5, 000-10, 000 of these packages per month at an average of $100.00 per sale. This guys' name is Anthony Casella whom I will describe as their "closer" because he is the one who closes the sale. Anthony said he works in a Newport Beach, CA office. Basically, I got where he was coming from, and it sounded good, and of course you like to think that you are special, and smarter than others, and that is why you are being picked. They know how to play on your emotions, and will take as long as it takes for you to give them your credit card #. Only problem is... I basically caught them in about 3 lies. If they lie to you in the beginning, they will lie to you in the end. The one fellow Matt says that Anthony is in a meeting, and can't talk to me today...and then at the end of our conversation, all of a sudden he's just come out of the meeting and can take my call in his upstairs office. I worked in Newport Beach, CA and I worked in sales organizations before, for a short short time looking for something to sell and make money at. These companies at the time were known as boiler rooms and I found out that they would lie to people and say anything to make a sale and that they would read off of "scripts" on paper and tell each person the same thing. I asked Matt if he was reading off of a paper, and he said no. Anthony called me back the next day, when he was supposed to call me the day after, because I was supposed to be transferring funds from one account to my card account for his "success story investment" When he called, he said he wanted to know if we were still on because he wouldn't be in the office the next day and he would have to make a special trip in to call me at the scheduled time. I told him yes, because I was going to go ahead. I also knew when he called, that he was getting shaky wondering if I had decided to back out. I called him up early the next day to have his secretary tell him I would not be keeping the appointment and I would call next week. Well I called him about three hours early, and he answered his phone in his office, when he was not supposed to be there. I doubt that they even work out of Newport Beach, CA because I could find no listing for them yet. I found something about Las Vegas. I don't make business decisions without the facts, and now that I have them, I will NOT be giving them my hard earned money. A scripture in the bible tells about how money gets wings and flys away! Beware, because in this day and age you can hardly trust anybody. God Bless!

B
B
BBB181818
US
Feb 25, 2011 2:14 am EST

ATTENTION

On Feb. 24, 2011, the Federal Trade Commission raided the offices of Ivy Capital - in CA, AZ, and UT. Ivy Capital's assets have been frozen by federal law enforcement because of false misrepresentations made by telemarketers to customers. Thousands of customers were decevied.

Hopefully, the litigation will result in a judgment that pays back customers for the money that was swindled from them. The first hearing is set to occur in federal court in March 2011.

P
P
pendrifter
kansas city, US
Feb 28, 2011 7:16 pm EST
Verified customer This complaint was posted by a verified customer. Learn more

It seems to me that if you are dumb enough to give these people money you do not have you deserve to be scammed.

P
P
pendrifter
kansas city, US
Feb 28, 2011 7:19 pm EST
Verified customer This complaint was posted by a verified customer. Learn more

I have worked in this industry for several years and I have this to say... if you are dumb enough to invest money that you don't have into something that you only talked to someone you've never met on the phone about then you deserve to be scammed.

P
P
pendrifter
kansas city, US
Feb 28, 2011 7:24 pm EST
Verified customer This complaint was posted by a verified customer. Learn more

Although I can tell by the quality of your comments that you're not the most educated bunch, so maybe that explains it!

D
D
david221167
UA
Mar 03, 2011 10:31 am EST
Verified customer This complaint was posted by a verified customer. Learn more

I just read a serious article about these guys, and found that they have several other websites. Maybe anyone who has been done wrong by these guys should research their other sites too. Good luck getting your money back

Scott Offen
4848 Sunset Park Ln
West Jordan, Utah 84088
United States
[protected]

icicoaching.com
growthinklive.com
zchance.net
biggreenfootprint.net
offenbrothers.com
www.bridalemails.com
ultimatefitnesspackage.com
www.icicoaching.com

D
D
DagneyTaggart
Nanuet, US
Mar 05, 2011 2:03 am EST

PROTECT ME FROM MYSELF! You are all a bunch of idiots. I don't buy products or servies liks this for the same reason I don't buy autoparts or Chilton's manuals. I know I will never get around to using them and it's better that I leave the work up to someone who will. I'll bet you not a single person here followed any directions given them from the company, though you will certainly say you did. "How to" training has been around forever and it has never worked forever. Not because the information is bad or the company is bad, but because the people who bought it .

From the complaint: "I was co-erced out of $ 2500 of money I did not have." First of all, no one can force you to relinquish $2500 without your giving them the authority. And...if you didn't "have the money", how did you pay? You DID have it and you CHOSE to spend it on this program. Here's a tip...learn a little bit about small business. It takes the average business 5 years before it is profitable. Internet companies are often profitable faster, because they don't have the overhead that brick and mortar business do, but, seriously, did you think it was going to start coming in right away because you plunked down $2500? Common sense would have come in to play here if you had any. So what happens? One of you trolls contacts the FTC and reports this company as being fraudulent, because you either lacked the ability, IQ, determination or self-discipline to follow the program you paid for. I would bet that your houses are full of "get rich without lifting a finger"-type books, because heaven forbid you actually work an honest day's work and put some blood, sweat and tears into a job. The very fact that you actually paid the money when you don't have a frickin' job or when you really should not have paid the money, because you have other financial obligations (that, yes, you behaved your way into as well.

I thoroughly researched Ivy and I came to the conclusion that they do offer a valuable service, I did speak to some people who are having success with it (no, they do not work for Ivy). They all said it was a lot of work, sleepless nights, meals skipped and entertainment put off for another time. What else did you expect. ' bunch of losers. Good luck with your pathetic lives. I'm sure you're all on to other failed ventures that aren't your fault either.

W
W
weltees
Traverse City, US
Jul 31, 2012 12:12 pm EDT

I too lost over $9, 000 with Ivy capital and vianet coaching and $29.95 per month for over 1 1/2 years
for the website that never brought me a penny. I had just paid off 2 credit cards with refinancing my home and a loan. They maxed out those two and I never got a penny. I am still paying off those cards again and they knew exactly how much was available and took it all. I had a few coaching sessions
which were suppose to build the website, I had to build myself, which was a poor excuse for a website.
Then they call me and asked why I was not making any money. I said you tell me. Then they wanted
$300.00 to send 10, 000 traffic to my sight which I did and never got the traffic. I need some of this money back and are willing to do something if needed.

W
W
weltees
Traverse City, US
Oct 30, 2012 9:59 pm EDT

I was defrauded over $9, 000 from Ivy Capital. They said I would get a lucerative online business and website. I tried to make the website for over a year and finaly gave up.. When they called me I had just refinanced my house and paid off 3 credit cards. They knew what my credit limit was for each and max all 3 out. anyone interested in a class action suit?

W
W
weltees
Traverse City, US
Oct 31, 2012 1:10 am EDT

I just found I had 3 cards maxed out not 2 Also Ivy Capital is in Las Vegas, Nevada

Dun Cole
Dun Cole
US
Dec 27, 2013 7:17 pm EST

I signed up with ICI or Ivy capital on 08/08/09. Sean wanted $ 8, 000.00 because he felt that I'd be a good candidate . I could only come up with $5, 880.00. I maxed out on my Platinum, PNC Visa card. "You don't use your money" is their slogan. I did this because of a noted loss of clients in 2008. Clearly, I needed to do something to continue to work. I took the online Seminars to proceed to build a professional web presence. The website was built and functioned. But what didn't follow was the 5th element in the Coaching list "Web Marketing I - autoresponder, traffic boost & link exchange" these are technical words that describe Warranty of Service to work with the Enrollee until such a time as income has been generated. My website was published. But, no such income was generated. The 9th Item in the list was IV, "50, 000 opt in email blast " or, exposure, but that never happened. My website was sold to Triad Media and after a while I took it over again in 2011. I wrote a letter to Webzone mail, 08/22/11, explaining that I tried to make payments before they closed my site on 08/08/11. Before it closed, I tried to test this site on 08/05/11 by purchasing two books but the purchases did not go through this was a bogus affiliate dud. And I had been paying Hostgator. com a hosting fee for this site.

More IVY CAPITAL reviews & complaints

IVY CAPITAL - Cancellation of Service 35
Resolved
The complaint has been investigated and resolved to the customer’s satisfaction.
IVY CAPITAL - FOR REAL 16
Resolved
The complaint has been investigated and resolved to the customer’s satisfaction.
IVY CAPITAL - internet scam / fraud 2
Resolved
The complaint has been investigated and resolved to the customer’s satisfaction.
IVY CAPITAL - scam 1
Resolved
The complaint has been investigated and resolved to the customer’s satisfaction.
IVY CAPITAL - Taking my $ 4
Resolved
The complaint has been investigated and resolved to the customer’s satisfaction.
IVY CAPITAL - Rip Off? 1
Resolved
The complaint has been investigated and resolved to the customer’s satisfaction.