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Report: #274017

Complaint Review: EDC Gold - EDC - YNF - Las Vegas Nevada

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  • Reported By: Crestone Colorado
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  • EDC Gold - EDC - YNF Las Vegas, Nevada U.S.A.

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I bought into the "EDC Gold scam" back in March of this year, paid $997.00 (which is NOT refundable) this should have told me something right there! They promise
you the world, how "easy" it will be to make a fortune on line!! These guys are NOTHING MORE THAT SCAM ARTISTS!! The only ones making any money are the owners, Michael Cochran, Craig Garcia and Davis Dubbs!! Remember the last name, "Davis Dubbs" he has a very alluring web site that will "sucker" you in, DON'T BUY
INTO THESE GUYS SCAM!! ALL YOU'RE DOING IS PUTTING YOUR HARD EARNED MONEY INTO A SCAM ARTISTS POCKET AND GETTING NOTHING IN RETURN!! BE WARNED, STAY AWAY FROM EDC GOLD, EDC,AND YNF!!!!!!!!!!!!! You will lose
your money and it is NOT REFUNDABLE!!! THESE SCAM ARTISTS WILL EVENTUALLY MEET THEIR DOOM AS THEY ARE FOUND OUT AND MAKE NO MORE MONEY OFF POOR PEOPLE!! THEY ARE THE "BUZZARDS OF HUMANITY""!!! B E W A R E !!!!

Debra
Crestone, Colorado
U.S.A.

This report was posted on Ripoff Report on 09/11/2007 03:19 PM and is a permanent record located here: https://www.ripoffreport.com/reports/edc-gold-edc-ynf/las-vegas-nevada/edc-gold-edc-ynf-this-company-is-a-total-rip-off-they-promise-you-overnight-wealth-274017. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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#8 Consumer Comment

Sorry to disappoint you

AUTHOR: Casper75 - (Australia)

POSTED: Sunday, January 25, 2009

I'm sorry to disappoint you but EDC has scam written all over it & this is the Australian government's definition of a pyramid scheme.

"Pyramid schemes are illegal and very risky get-rich-quick' schemes that can cost a lot of people a lot of money.

Promoters at the top of the pyramid make their money by having people join the scheme. Then they pocket the fees and other payments made by those who join under them.

In a typical pyramid scheme, a member pays to join. The only way for the member to ever recover any money is to convince other people to join up and to part with their money as well.

In contrast, people in legitimate multi-level marketing earn money by selling genuine products to consumers, not from the recruiting process. Be aware though, some pyramid scheme promoters disguise their true purpose by introducing products that are overpriced, of poor quality, difficult to sell or of little value. Making money out of recruitment is still their main aim.

People often hear about pyramid schemes from friends, family or neighbours. Normally, pyramid schemes recruit members at seminars, home meetings, over the phone or even by mail. Now email, usually as spam, is increasingly used to recruit members as well.

For the scheme to work so that everyone can make a profit there would have to be an endless supply of new members. In reality, the number of people willing to join the scheme (and therefore, the amount of money coming into the scheme) dries up very quickly. When the pyramid collapses (and they all do) relationships, friendships and even marriages can be destroyed over money lost in the scam.

In Australia, it is against the law not only to promote a pyramid scheme, but even to participate in one."

People make most of their money by signing up others to the EDC program & the products they do promote are totally worthless when you look at it would the everyday consumer really want the products that EDC offers ANSWER NO.

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#7 UPDATE Employee

EDC Gold Is No Where Near Any Type Of Scam

AUTHOR: Onetopdollar - (U.S.A.)

POSTED: Friday, December 28, 2007

First and foremost EDC gold is the most legitmate home business that I have ever been in. I'm making a great living with EDC Gold because of the owners Craig Garcia and Michael Corcoran.

Now responding to your comment no where on any of the corporate sites does it say you will make overnight riches. Nor do they say you will get rich tonight. If anything it is the complete opposite. What they do promise is if YOU apply to their training and do everything your told and stick with the business then you can definately make an insane income from home which is very true. I work my butt off with this company and it rewards me. I make more in a month now then I did in a year.

As for David Dubbs I talk to this guy on a regular basis and his training is top notch from anywhere from a beginner marketer to an advanced marketer. EDC is no longer a 2 up. They now split the 2 up compensation with the member now earns 60% of it and all members earn residual on each member they bring on. The company gets better by the day.

Some people say you need your sponsor to succeed. I learned from David that you don't need your sponsor. All you need is the training Mon-Thurs and the Dubbs training apply it and you will succeed. Simple as that. The 997 is non-refundable because you get access to over $130,000 worth of computer software to resell that can not be returned because once you download it you have it. No way the company can get it back if you decide you don't want the membership so this is why it's non refundable. Don't slander such a great company like this.

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#6 Consumer Comment

Sound Business Advice

AUTHOR: Rich - (U.S.A.)

POSTED: Monday, November 19, 2007

I suggest you read about Network Marketing there are a lot of good books on the subject. You have been in the program a very short time so it would be hard to really draw a clear opinion since it takes about 4 years to get any real home based business really established. I joined in January just before you did and am now fully qualified and able to keep all my sales. If you read the getting started you can see the steps to being successful and it can be done for free. Of course you can also pay money to speed the process up as well. Understand it does take some daily commitment like any business. I recommend at least on hour a day devoted to your business since you already paid the fee you might as well get something out of it.

The new marketing tools are really impressive. I paid the lifetime fee so no monthly billing any more. I just have money coming in and not going out.

If can be very successful but you have to put some effort into it.
There is no such thing as a get rich quick program, anyone that sells it as such is wrong. You will get out of it what you put into it.
I am sorry you decided not to work the business becasue that will guarantee failure.

Regards,

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#5 Consumer Comment

EDC - Aussie 2-up

AUTHOR: Jennifer - (U.S.A.)

POSTED: Sunday, October 21, 2007

EDC is an Aussie 2-up. You give your first two sign ups to your sponsor. the only thing that keeps EDC from being illegal is that they DO offer product. bear in mind that most of the products are outdated. FTC regulates that a 'home based business' start up cost cannot be more that $499.00. EDC's 'best' selling. or should I say. most popular selling package is $997. it's a fine line.

I hate hearing that someone got burned. and it happens all the time.
~good luck

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#4 UPDATE Employee

EDC Gold as a Company DOES NOT Promise Overnight Riches - You Issues Should Be With Your Individual Sponsor!

AUTHOR: Poweradvisor27 - (U.S.A.)

POSTED: Sunday, September 16, 2007

I am a member of EDC Gold, and have been since Feb. of this year. I have had success with EDC such that I was able to quit my job in April and have been working completely from home ever since. I understand exactly how this business works, and have been working to help others learn the facts and understand BEFORE they join.

First off, the company itself DOES NOT promise overnight riches. If you look at the company's replicated websites, terms, and welcome letter located in the back office, you will see quite the opposite. Next, the owners of this company hold live, interactive training 7 times a week, and stress to us the importance of putting in effort to get results.

Next, there is a legitimate reason for your investment of $997 not being refundable. The products that you've purchased are digital and download-able. Because no one can regulate whether or not you've downloaded and used any of the products you purchased, and because they can't come and personally erase them from your hard drive, there is no refund allowed. If you understand retail at all, then you will understand that companies usually only offer a refund when physical product can be returned to the company. Software, whether purchased physically from a store like Best Buy or purchased online, is always a gray area. Most companies do not allow software returns or refunds because once the software is registered to a user, it cannot be reused or resold. Also, please do not forget that the no-refund policy is clearly stated in the terms, which YOU agreed to before joining. If you had doubts about this policy or felt uncomfortable about it, you shouldn't have joined. Otherwise, you did agree to it. You have to in order to create an account and submit your info.

Further, as is required by law, the replicated websites contain earnings disclaimers stating that there is no guarantee that money will be earned, or of a certain amount, and that the figures used are examples from other members. Again, if you did not understand this you should have done more research, asked questions, or not joined.

I apologize if your individual sponsor did nothing to help you. But please keep in mind that all of us act as independent distributors. This means that it's completely up to each individual how they choose to advertise and/or help their customers. If you received poor service or no training, you should be taking up a complaint with YOUR sponsor, not the company. The only way that you should be filing a complaint against the company is if you did not receive access to your back office, products or the weekly training. Otherwise, you've received what you paid for, and what you agreed to.

There are hundreds of individuals making great money with this program, including myself. And we don't sit around waiting while money magically appears in our bank accounts. We work for it, just like you would at a job. The only difference is that many of us are able to work from home instead of having to work on location. It is unfortunate that you've had a bad experience, but remember that no one forced you to join this program, and that all of the facts, terms and disclaimers are clearly there for you to view BEFORE you join. If you did not agree with this, or felt the least bit comfortable, you should not have joined. But by doing so, you submitted your agreement to the terms and policies. That's the law, I'm afraid. If you feel that strongly that you have been "scammed," then you should consider taking legal action against your sponsor. That person is the one responsible for helping you succeed. And even then, there are plenty of folks out here who have succeeded without the help of a sponsor, again myself included. Success in any home business opportunity is ultimately up to you. There are ways to succeed, many offered by the company itself. If you did not bother to take the company up on its offer of training and support, then you only have yourself to blame. I'm sorry if that sounds harsh, but it is the truth. We are all adults out here. We should not have to be led by the hand through every decision we make. We are old enough to know and accept or decline the consequences of our choices. We are old enough to properly research what interests us and make informed decisions. No one should have such a hold on you that they (or their ads, websites or whatever) can force you to join a program against your will, reach into your bank account and take your money, and leave you with no options. The world just doesn't work like that. I'm sure you can understand that if nothing else.

There are plenty of dedicated EDC distributors and sponsors. Simply searches can lead you right to these folks. I go above and beyond for my team, providing exclusive training via our team community, 1-on-1 support 7 days a week, customized marketing websites so they don't have to use the replicated ones, and more. I feel that you made a bad choice of sponsors. Take your complaints up with that person. As for EDC Gold, they are operating as they should, on the up-and-up!

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#3 UPDATE Employee

EDC Gold as a Company DOES NOT Promise Overnight Riches - You Issues Should Be With Your Individual Sponsor!

AUTHOR: Poweradvisor27 - (U.S.A.)

POSTED: Sunday, September 16, 2007

I am a member of EDC Gold, and have been since Feb. of this year. I have had success with EDC such that I was able to quit my job in April and have been working completely from home ever since. I understand exactly how this business works, and have been working to help others learn the facts and understand BEFORE they join.

First off, the company itself DOES NOT promise overnight riches. If you look at the company's replicated websites, terms, and welcome letter located in the back office, you will see quite the opposite. Next, the owners of this company hold live, interactive training 7 times a week, and stress to us the importance of putting in effort to get results.

Next, there is a legitimate reason for your investment of $997 not being refundable. The products that you've purchased are digital and download-able. Because no one can regulate whether or not you've downloaded and used any of the products you purchased, and because they can't come and personally erase them from your hard drive, there is no refund allowed. If you understand retail at all, then you will understand that companies usually only offer a refund when physical product can be returned to the company. Software, whether purchased physically from a store like Best Buy or purchased online, is always a gray area. Most companies do not allow software returns or refunds because once the software is registered to a user, it cannot be reused or resold. Also, please do not forget that the no-refund policy is clearly stated in the terms, which YOU agreed to before joining. If you had doubts about this policy or felt uncomfortable about it, you shouldn't have joined. Otherwise, you did agree to it. You have to in order to create an account and submit your info.

Further, as is required by law, the replicated websites contain earnings disclaimers stating that there is no guarantee that money will be earned, or of a certain amount, and that the figures used are examples from other members. Again, if you did not understand this you should have done more research, asked questions, or not joined.

I apologize if your individual sponsor did nothing to help you. But please keep in mind that all of us act as independent distributors. This means that it's completely up to each individual how they choose to advertise and/or help their customers. If you received poor service or no training, you should be taking up a complaint with YOUR sponsor, not the company. The only way that you should be filing a complaint against the company is if you did not receive access to your back office, products or the weekly training. Otherwise, you've received what you paid for, and what you agreed to.

There are hundreds of individuals making great money with this program, including myself. And we don't sit around waiting while money magically appears in our bank accounts. We work for it, just like you would at a job. The only difference is that many of us are able to work from home instead of having to work on location. It is unfortunate that you've had a bad experience, but remember that no one forced you to join this program, and that all of the facts, terms and disclaimers are clearly there for you to view BEFORE you join. If you did not agree with this, or felt the least bit comfortable, you should not have joined. But by doing so, you submitted your agreement to the terms and policies. That's the law, I'm afraid. If you feel that strongly that you have been "scammed," then you should consider taking legal action against your sponsor. That person is the one responsible for helping you succeed. And even then, there are plenty of folks out here who have succeeded without the help of a sponsor, again myself included. Success in any home business opportunity is ultimately up to you. There are ways to succeed, many offered by the company itself. If you did not bother to take the company up on its offer of training and support, then you only have yourself to blame. I'm sorry if that sounds harsh, but it is the truth. We are all adults out here. We should not have to be led by the hand through every decision we make. We are old enough to know and accept or decline the consequences of our choices. We are old enough to properly research what interests us and make informed decisions. No one should have such a hold on you that they (or their ads, websites or whatever) can force you to join a program against your will, reach into your bank account and take your money, and leave you with no options. The world just doesn't work like that. I'm sure you can understand that if nothing else.

There are plenty of dedicated EDC distributors and sponsors. Simply searches can lead you right to these folks. I go above and beyond for my team, providing exclusive training via our team community, 1-on-1 support 7 days a week, customized marketing websites so they don't have to use the replicated ones, and more. I feel that you made a bad choice of sponsors. Take your complaints up with that person. As for EDC Gold, they are operating as they should, on the up-and-up!

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#2 UPDATE Employee

EDC Gold as a Company DOES NOT Promise Overnight Riches - You Issues Should Be With Your Individual Sponsor!

AUTHOR: Poweradvisor27 - (U.S.A.)

POSTED: Sunday, September 16, 2007

I am a member of EDC Gold, and have been since Feb. of this year. I have had success with EDC such that I was able to quit my job in April and have been working completely from home ever since. I understand exactly how this business works, and have been working to help others learn the facts and understand BEFORE they join.

First off, the company itself DOES NOT promise overnight riches. If you look at the company's replicated websites, terms, and welcome letter located in the back office, you will see quite the opposite. Next, the owners of this company hold live, interactive training 7 times a week, and stress to us the importance of putting in effort to get results.

Next, there is a legitimate reason for your investment of $997 not being refundable. The products that you've purchased are digital and download-able. Because no one can regulate whether or not you've downloaded and used any of the products you purchased, and because they can't come and personally erase them from your hard drive, there is no refund allowed. If you understand retail at all, then you will understand that companies usually only offer a refund when physical product can be returned to the company. Software, whether purchased physically from a store like Best Buy or purchased online, is always a gray area. Most companies do not allow software returns or refunds because once the software is registered to a user, it cannot be reused or resold. Also, please do not forget that the no-refund policy is clearly stated in the terms, which YOU agreed to before joining. If you had doubts about this policy or felt uncomfortable about it, you shouldn't have joined. Otherwise, you did agree to it. You have to in order to create an account and submit your info.

Further, as is required by law, the replicated websites contain earnings disclaimers stating that there is no guarantee that money will be earned, or of a certain amount, and that the figures used are examples from other members. Again, if you did not understand this you should have done more research, asked questions, or not joined.

I apologize if your individual sponsor did nothing to help you. But please keep in mind that all of us act as independent distributors. This means that it's completely up to each individual how they choose to advertise and/or help their customers. If you received poor service or no training, you should be taking up a complaint with YOUR sponsor, not the company. The only way that you should be filing a complaint against the company is if you did not receive access to your back office, products or the weekly training. Otherwise, you've received what you paid for, and what you agreed to.

There are hundreds of individuals making great money with this program, including myself. And we don't sit around waiting while money magically appears in our bank accounts. We work for it, just like you would at a job. The only difference is that many of us are able to work from home instead of having to work on location. It is unfortunate that you've had a bad experience, but remember that no one forced you to join this program, and that all of the facts, terms and disclaimers are clearly there for you to view BEFORE you join. If you did not agree with this, or felt the least bit comfortable, you should not have joined. But by doing so, you submitted your agreement to the terms and policies. That's the law, I'm afraid. If you feel that strongly that you have been "scammed," then you should consider taking legal action against your sponsor. That person is the one responsible for helping you succeed. And even then, there are plenty of folks out here who have succeeded without the help of a sponsor, again myself included. Success in any home business opportunity is ultimately up to you. There are ways to succeed, many offered by the company itself. If you did not bother to take the company up on its offer of training and support, then you only have yourself to blame. I'm sorry if that sounds harsh, but it is the truth. We are all adults out here. We should not have to be led by the hand through every decision we make. We are old enough to know and accept or decline the consequences of our choices. We are old enough to properly research what interests us and make informed decisions. No one should have such a hold on you that they (or their ads, websites or whatever) can force you to join a program against your will, reach into your bank account and take your money, and leave you with no options. The world just doesn't work like that. I'm sure you can understand that if nothing else.

There are plenty of dedicated EDC distributors and sponsors. Simply searches can lead you right to these folks. I go above and beyond for my team, providing exclusive training via our team community, 1-on-1 support 7 days a week, customized marketing websites so they don't have to use the replicated ones, and more. I feel that you made a bad choice of sponsors. Take your complaints up with that person. As for EDC Gold, they are operating as they should, on the up-and-up!

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#1 UPDATE Employee

EDC Gold as a Company DOES NOT Promise Overnight Riches - You Issues Should Be With Your Individual Sponsor!

AUTHOR: Poweradvisor27 - (U.S.A.)

POSTED: Sunday, September 16, 2007

I am a member of EDC Gold, and have been since Feb. of this year. I have had success with EDC such that I was able to quit my job in April and have been working completely from home ever since. I understand exactly how this business works, and have been working to help others learn the facts and understand BEFORE they join.

First off, the company itself DOES NOT promise overnight riches. If you look at the company's replicated websites, terms, and welcome letter located in the back office, you will see quite the opposite. Next, the owners of this company hold live, interactive training 7 times a week, and stress to us the importance of putting in effort to get results.

Next, there is a legitimate reason for your investment of $997 not being refundable. The products that you've purchased are digital and download-able. Because no one can regulate whether or not you've downloaded and used any of the products you purchased, and because they can't come and personally erase them from your hard drive, there is no refund allowed. If you understand retail at all, then you will understand that companies usually only offer a refund when physical product can be returned to the company. Software, whether purchased physically from a store like Best Buy or purchased online, is always a gray area. Most companies do not allow software returns or refunds because once the software is registered to a user, it cannot be reused or resold. Also, please do not forget that the no-refund policy is clearly stated in the terms, which YOU agreed to before joining. If you had doubts about this policy or felt uncomfortable about it, you shouldn't have joined. Otherwise, you did agree to it. You have to in order to create an account and submit your info.

Further, as is required by law, the replicated websites contain earnings disclaimers stating that there is no guarantee that money will be earned, or of a certain amount, and that the figures used are examples from other members. Again, if you did not understand this you should have done more research, asked questions, or not joined.

I apologize if your individual sponsor did nothing to help you. But please keep in mind that all of us act as independent distributors. This means that it's completely up to each individual how they choose to advertise and/or help their customers. If you received poor service or no training, you should be taking up a complaint with YOUR sponsor, not the company. The only way that you should be filing a complaint against the company is if you did not receive access to your back office, products or the weekly training. Otherwise, you've received what you paid for, and what you agreed to.

There are hundreds of individuals making great money with this program, including myself. And we don't sit around waiting while money magically appears in our bank accounts. We work for it, just like you would at a job. The only difference is that many of us are able to work from home instead of having to work on location. It is unfortunate that you've had a bad experience, but remember that no one forced you to join this program, and that all of the facts, terms and disclaimers are clearly there for you to view BEFORE you join. If you did not agree with this, or felt the least bit comfortable, you should not have joined. But by doing so, you submitted your agreement to the terms and policies. That's the law, I'm afraid. If you feel that strongly that you have been "scammed," then you should consider taking legal action against your sponsor. That person is the one responsible for helping you succeed. And even then, there are plenty of folks out here who have succeeded without the help of a sponsor, again myself included. Success in any home business opportunity is ultimately up to you. There are ways to succeed, many offered by the company itself. If you did not bother to take the company up on its offer of training and support, then you only have yourself to blame. I'm sorry if that sounds harsh, but it is the truth. We are all adults out here. We should not have to be led by the hand through every decision we make. We are old enough to know and accept or decline the consequences of our choices. We are old enough to properly research what interests us and make informed decisions. No one should have such a hold on you that they (or their ads, websites or whatever) can force you to join a program against your will, reach into your bank account and take your money, and leave you with no options. The world just doesn't work like that. I'm sure you can understand that if nothing else.

There are plenty of dedicated EDC distributors and sponsors. Simply searches can lead you right to these folks. I go above and beyond for my team, providing exclusive training via our team community, 1-on-1 support 7 days a week, customized marketing websites so they don't have to use the replicated ones, and more. I feel that you made a bad choice of sponsors. Take your complaints up with that person. As for EDC Gold, they are operating as they should, on the up-and-up!

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