POLICE REPORT GLOBAL VERGE 01-10-9604
24 Nov 2010 Editor's Opinion –Lee’s Summit Mo. is supposedly processing a report accusing Mark Petchel of criminal forgery There is a accusation that Mark Petchel forged documents connected with Global Verge. A police report has been filed. No news of an arrest warrant but if a police department processes a criminal complaint that does not mean good news for Mark Petchel. The criminal complaint division at Lee’s Summit, Mo. is evidently taking this seriously. GET YOUR MONEY BACK BELOW?
ASK WHERE THE $5 MILLION IS THAT WENT OFFSHORE!! (PART OF IT IS YOURS!)
ONLY ABOUT 20 PEOPLE IN GLOBAL VERGE ARE GOING TO
GET THEIR MONEY BACK
so unless you would like to lose all your money....
Ur Editor's opinion: 26 Jan 2009 - Gloves are off.... above is the direct link to complaint page for the Missouri AG. There are only 11 complaints this date. AG's are busy so they don't start a file until they get 25 complaints. 50 complaints and they read them. At a 100 complaints they start moving. With $4.5 - 5 million of YOUR money missing? Better get complaining before YOUR money is way gone and hidden!
Benefit of the Doubt: GLOBAL VERGE IS SAYING: if you have ordered a smart phone and have not yet received it we are giving you several options. You can either:
1. Cancel your order for a full refund. 2. Have us send you the phone and you can sell it and make a profit.
3. Have us send you the phone and then send it back to us and we will activate it and flash it with full branding.
4. Have us keep the phone and send it to you fully branded once we are fully functional in 4-6 weeks. 5. Also, if you have already received a phone from us, we will allow you to return it for full credit towards one of our upgraded branded models.
GV PUT OUT MESSAGE
"We are going to sue bloggers and we are in Great Standing with AG's"
Ok... one way to find out! The AG complaint link below!
Ur Editor’s opinion: Jan 2010 - That the New Global Verge the restart (cleaned up) was done to create a diversion about the clamor over consumers wanting their money back on the first scam Global Verge. There was definitely concern about the $4.5 - $5 million dollars in credit card factored off shore (and probably kept there) by one of their computer vendor’s merchant accounts.
WIRELESS PROVIDER SHUTS GV OFF (GV Claims otherwise)
Global Verge was supposely shut off by their wireless provider Activation King because of thousands of unpaid activations and tens of thousands of dollars owed. Where did the money go? We are calling for a complete investigation “WHERE DID THE MONEY GO… The owners Ted Robbins and Mark Petschel who REPORTEDLY sent millions to offshore bank accounts. Ok here
Troy Dooly has some great assessments - The solutions as he sees them are:
1. The company could be sold to folks who know how to run it. How did GV get in a gun battle with thier provider?
2. The top distributors buy the company and hire a top rated MLM Team to run it.
3. Some regulatory agency (the law) takes control of the company. Rod Ur Editor Opinion this is most likely!
Ur Editor’s Opinion Note: All of the above has been checked to best of our ability. If you have any additional Input or Opinions….
Ur Editor: Rod Cook &
LAST WARNING MLM SCAM PHONE(S)
Global Verge Cell Phone Warning + Telelphone History
Global Verge Update 11 July 2009: Global verge lost their merchant account for processing credit cards. Global Verge’s processing firm is working to get Distributors to sign up for ACH which dips directly into your checking account. The problem in the past has been stopping automatic ACH withdrawals without police reports or provable misconduct on part of the company. Without condemning GlobalVerge here are some good ways to protect yourself. Over the years the MLM WatchDog has dealt with 1,000’s of folks who signed up for ACH then found out ACH deductions are hell to stop! One weight loss skin patch scam years ago pulled over $500k out of peoples accounts after the law closed their doors (wiping out some people's accounts by hitting them 5 or 6 times. Here is the best advice:
1.Keep the level of money in your checking account the ACH at the level (or just above) the amount you expect to be deducted each month. If this is your only checking account open another one for your general banking. 2.Open a special checking account for the ACH automatic withdrawal and only put in the amount of money for the expected ACH automatic withdrawal each month. In the past as companies failed they hit distributors acounts 5- 10 times in one case that was done in a WEEK!
WatchDog Note: Is this anything new? No.... see below article I wrote in 1995!
THE MLM TELEPHONE WARS
The following article is from the MLM Insider Magazine, June/July 1995 Issue:
Urgent calls have started hitting several times a week, "Who has the best phone deal?" Some of our readers want the best prices, some want an "insurance" program to back up their current MLM program, and some just want to make enough money to pay their MLM phone bill! It is a hot subject in the Network Marketing industry this year!
Since the Federal Government deregulated long distance telephone services, there have been great effects! As long distance rates drop, the market grows by billions of dollars.
FALILED MLM PHONE COMPANIES KEEP HITTING ACCOUNTS
Few people realize that Network Marketing was and is at the forefront of long distance telephone growth. Sprint actually penetrated the home market through Network 2000, a Network Marketing company. Remember their selling silver cards in 1989?
The program was successful. Though Sprint executives deny it, Network 2000 built Sprint. The day came when Sprint corporate marketers got jealous and took their axes to Network 2000. What resulted was the largest class action suit in the history of Network Marketing-$198 million dollars. Networkers who were in Network 2000 still collect checks from Sprint. AMWAY and MCI don't release exact figures, but industry estimates are that 48% of new customers that MCI gets are through AMWAY. If you consider that each of AMWAY's distributors signs up with MCI, that is 1.5 million customers alone!
The telephone industry is competitive. The average consumer does not know what he/she pays per minute in telephone time. The personal touch of a Networker is needed to divide minutes into cost and show consumers they are getting the shaft. TV advertising by the big three is designed to confuse. All companies use fiber optic lines; no real difference in quality exists today.
The current deregulation should affect Networkers for the better. The deregulation will affect local exchanges. Some long distance companies are planning to compete with local telephone companies. Ask about that edge when shopping a NetWork Marketing telephone company.
In the last issue we wrote about the failure of MLM phone companies. We said the major discriminator is money. Big money is needed to buy long distance time at a discount so that a MLM company can be competitive and payout commissions.
Remember, do not allow ACH automatic deductions out of your checking accounts. Failed companies have hit accounts several times a month.
The July 1995 issue of MONEY MAGAZINE directly influenced this article. It featured an excellent article on "Long Distance - How to Choose the Company That's Right for You". We used the same format for this article. A major long term money maker for Networkers is one plus dialing. We used this as the primary indicator for rank order, the same basis as Money Magazine. If 1-¬plus was not offered by the MLM company, we used the price of their Debit cards.
Do your due diligence before joining a program! A particular quirk- some companies have high training fees. This has put some MLM companies on Attorney General's hit list (head hunting if commissions get paid on recruiting/training). Some may not be competitive in terms of price. We modeled the compensation plans based on our above average new Networker, Larry Lunchbucket. Larry did well by signing up five people and five customers, each one with a $100 a month long distance. That let us shift through the fog some companies put in their compensation plans. If enough of you want, we can do more research and rankings.
These are not all of the MLM phone companies, but are a good sample of what is on the market at this time. Because of the increasing urgency of requests, we pulled information from our files that may not be perfectly up to date.