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Q: Is this a legitimate business opportunity or internet scam??? ( No Answer,   5 Comments )
Question  
Subject: Is this a legitimate business opportunity or internet scam???
Category: Business and Money
Asked by: mortgagesaver01-ga
List Price: $40.00
Posted: 06 May 2005 19:26 PDT
Expires: 09 May 2005 16:36 PDT
Question ID: 518739
Is this a legitimate business opportunity or internet scam???


I?d like detailed information the this company the
http://www.cashflowfromcreditcards.com/default.asp and
http://www.eCreditCards.com 

Also operating as DONE Ventures..

I?d like information from someone NOT affiliated with the above companies.

I?d like to know:

The number of complaints if any issued on this company by previous
?Investors/customers? over the last 2 years details on the issue and
if possible the resolve.

Information on the actual profitability of venture with this company
and the estimated 1st years potential earning.

The number of people or persons that have actually succeeded in this
venture in the past year.

The number of people that have NOT been successful in the last 6 months

How long the above companies have been in existence

Does the company belong to the Better Business Bureau??

Also any professional information on the owner/founder Ben Padons
information regarding any lawsuits or federal or state suites filed
against the owner or company.


A bonus will be given for ANY additional useful information regarding this venture.



Thank you in advance

Request for Question Clarification by pafalafa-ga on 07 May 2005 05:49 PDT
mortgagesaver01-ga,


It's possible to investigate the background of a business or a
business person, and with a bit of luck, return a good deal of
information.

However, there's no way of knowing in advance what will turn up.  We
may be able to shed light on some of the questions you asked, but I
doubt a researcher would find information on all the questions.

In particular, the number of customers a company has, and the number
that have/haven't been successful isn't usually the type of
information that would be publicly available anywhere except if the
company itself makes a statement with that sort of information.

Complaints and lawsuits are more likely to turn up in a comprehensive
search, but again, there's no way of knowing until the effort is made
to look.

In short, I'd be happy to do a background check for you -- and make a
good-faith effort to uncover whatever information is available -- but
I can only do it if you can accept a certain amount of risk regarding
the answer, which may contain a lot of information on, say, lawsuits,
or may simply say something like "I could find no lawsuits regarding
these companies or Mr. Padons".

Here are some questions I've answered in the past on scams or companies:


http://answers.google.com/answers/threadview?id=354561

http://answers.google.com/answers/threadview?id=482204


Let me know what you think.

pafalafa-ga

Clarification of Question by mortgagesaver01-ga on 07 May 2005 11:36 PDT
Yes, I Am willing to accept any results that you may find including
and answer that includes the fact that no pending or previous lawsuits
have been filed against the owner or company as a whole. Any detailed
information that you can provide on this particular ?Biz Opp? would be
greatly appreciated. I am simply trying to avoid getting my hopes up
and running full steam ahead with an idea that is nothing more than a
scam.

Clarification of Question by mortgagesaver01-ga on 07 May 2005 12:12 PDT
This seems to be turning out to be a ummm internet scam ..Does ANYONE
have a listing of a legitimate company that offers something similar??

Request for Question Clarification by pafalafa-ga on 07 May 2005 13:04 PDT
I'm not convinced by what I've seen so far that this is a scam (though
caution is certainly advised!)...the BBB rating is largely based on
the fact that they have little information either pro or con on this
particular company.

But you appear to have written them off, so I'm not clear what your
question is at this point.  Do you still want a background check on
Done Ventures and it's related entities?

Let me know.

pafalafa-ga

Clarification of Question by mortgagesaver01-ga on 07 May 2005 20:00 PDT
Pafalafa, I appreciate the information that you have been given and
yes I believe that this is NOT the opportunity for me there at too
many things that point to a Scam. I will gladly pay for the research
you have done so far. I would like to post another question for you to
answer along the same line as I am very eager to find a legitimate
company providing this type of service to work with. I will pose the
question and direct to you if this is ok?

Request for Question Clarification by pafalafa-ga on 07 May 2005 20:34 PDT
I'm honored that you'd offer to direct a question my way.  

However, if your question would be aimed at finding a non-scam company
in a field filled with scammers, I have to say, I'd probably be
reluctant to take it on.  I'd hate to wind up steering you in the
wrong direction.

Your best bet may be to post a new question and leave it open for all.
 I'll be sure to take a look at it, but if I take a pass on it, there
are many researchers here at Google Answers who could do just as good
a job as I would, and perhaps even better.

As for this current question of yours, please let me know if you'd
like me to post my remarks as an answer, and I'll be happy to do so. 
But if not, I suggest you cancel the question to avoid any confusion.

Best of luck in your ventures,

paf



P.S.  As for DONE Ventures, they may or may not be a scam.  But I came
across a blurb on Ben Padnos and he certainly has a
respectable-sounding background, as far as one can tell from
a...well...blurb:

http://www.coreobjects.com/data/fundraising.htm

Clarification of Question by mortgagesaver01-ga on 08 May 2005 17:02 PDT
Thank you to pafalafa and all those that have taken time to comment on
this post. With everthing that has been said I think I will Cancel the
question.
Answer  
There is no answer at this time.

Comments  
Subject: Re: Is this a legitimate business opportunity or internet scam???
From: nelson-ga on 06 May 2005 21:04 PDT
 
The layout of the first site screams "SCAM".  I do not like the way
the second site puts legitimate credit card applications within a
frame on its site.
Subject: Re: Is this a legitimate business opportunity or internet scam???
From: ydnag-ga on 07 May 2005 01:03 PDT
 
Seems like a spamvertisement to me...

Y.
Subject: Re: Is this a legitimate business opportunity or internet scam???
From: myoarin-ga on 07 May 2005 06:21 PDT
 
It sure does:  you pay $99,95 for a website and $ 9.95 /month, and
then you are just another one of so many other sites looking like
that, and the only thing you know about your possible commissions is
that - if there are any -  they don't get paid out until they total $
50.  And how many people that are creditworthy don't already have all
the cards they need, or if they want a new one wouldn't go apply
directly to the issuer?  As "Mr. Padons" points out, the card
companies spend a lot on direct advertisement.

I'll be interested to see what Pafalafa turns up.
Subject: Re: Is this a legitimate business opportunity or internet scam???
From: 4keith-ga on 07 May 2005 12:00 PDT
 
Scam, Scam, Scam!  First place to check on a business reputation is
with Better Business Bureau, and they have many complaints on file for
this firm--they get a "D" rating (with A being the best). 
Additionally, they do not appear to even be registered as a business
with the California Secretary of State--a check of the business names
database comes up with nothing on DONE! Ventures or Cashflow.

4KEITH (I'm NOT a GOOGLE Researcher)
Subject: Re: Is this a legitimate business opportunity or internet scam???
From: pafalafa-ga on 07 May 2005 13:02 PDT
 
4keith-ga,

Are we looking at the same BBB report?

I certainly see the "D" rating, but it also seems as if there have
been no complaints against this company filed with the BBB.

If you're seeing a report with "many complaints on file" could you
please let us know the link.

Thanks.

paf

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