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IVY CAPITAL / Scam Artists

1 514-13th Street - Unit 310New Westminster, British Columbia, Canada Review updated:
Contact information:
Phone: 778-397-2723

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.

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  • Pa
      8th of Mar, 2009
    +1 Votes

    Hello To all Involved,

    My name is Paul and i am writing this letter in response to the overwhelming complaints upon IVY CAPITAL INC. I firmly agree with you all upon the fact that this is a scam and needs to be dealt with 100% and now. These people pray on people like us and take every dime they can and it needs to stop NOW. I believe that all parties involved should file a class action lawsuit against IVY CAPITAL and any if any of there subsidiary companies. If in fact you believe this to be true please feel free to email me and expain your story. I have tried phone calls and emails ECT. I am now in the process of writing a letter to them and have talked to my credit card company about them being a scam/fraud and scamming me. If all else fails i will be filling a suit against them and will take them down finacially. Like i said I live here in michigan and am just like you. Send me your emails and if your interested lets keep the ball rolling and get all our money's back.
    my email is put in the subject "fraud story."

  • La
      17th of Mar, 2009
    +1 Votes

    I couldn't agree more with Paul. I too was taken by these scam artists. They call you on the phone, tell you to call your credit card companies to get the available balances. Then as Paul stated, the fee's they want to charge are just within pennies of the balance on your cards. Which in my case was $8000.00 They then promise to set you up with a coach, have you do a couple of webinars, which by the way, they tell you that you have to build your own website, find and market your own products, and they...for all the money you gave them...will coach you to succes. So they say??? I got suspicious about everything and called them within the 72 hours they stated for a refund. one ever ansewred the phone, or returned my calls for over a week. To date, I signed up on March 9 2009, I have placed over 43 phone calls to get in touch with someone to get a refund. Spoke to a lady named Diana, who is supposed to be in charge of refunds. She instead, turns me over to a lady named Kelsey, who all she does is promise to speak to Diana and get back to you. That was 6 days and 39 phone calls ago. When I call the 888-514-6020 ext. 433 all I ever get is a voice mail. I then call the 888-514-6020 and let the receptionist answer the phone...AMAZINGLY...everyone you want to speak to, including all of the out to lunch!!! At 9:30 a.m. in the morning!!! The only person to call me was a man named Mark, who is in charge of the business development. He wanted to fleese me out of another $5300.00 for setting my 'business' up in Nevada, which you can do yourself for a few hundred as opposed for several thousand. So, in the end, STAY AS FAR AWAY AS YOU CAN FROM THIS COMPANY!!! BTW, I was told today that someone will call me tomorrow about my refund...right??? Can we all say "Class Action Lawsuit!!!" Larry Miller, Puyallup WA.

  • Ca
      18th of Mar, 2009
    0 Votes

    I hear ya...and had my dad consulted myself or my brother prior to handing over thousands of dollars we would have done all we could to convince him NOT TO DO THIS!!! It's unbelievable to me that people actually give their money to people like this, but I guess when you are of retirement age, layed-off and lost all your money you invested in 401k all these years you become pretty desperate to make money and will do just about anything! It's disgusting that people prey upon vulnerable people like this!

    My father just gave the money in the past few weeks, I will continue to check back on here for information concerning this class action lawsuit as I am certain he will be needing it.
    Catherine, FL

  • Lg
      20th of Mar, 2009
    +2 Votes

    I also got scammed by this company. They told me it was called Vianet Training. I am still trying to work with any live person. Still only get voice mails! I will stay in touch with all of you to stop these people. I also live in Mich.

  • Na
      21st of Mar, 2009
    +2 Votes

    I too was scammed. My situation started because I signed up with and then the phone calls started about 2 weeks later from about 5 different #'s and names on my caller id. When I finally talked to someone they were asking me about the program I purchased which was the survey program. I thought, OK, great.Well it had nothing to do with surveys! To make a long story shorter I too was taken for the $915. All these companies are ran by the same person, this Mark Jenney. The companies that have called me and seem to all have the same return Phone # are ICI Coaching which apparently I had purchased the Lauren Mitchell course? Also Ivy Capital has been calling and like I said leaving the same call back # and of course no one is ever at their phone. I had called the next day to cancel because I did not submit the finance contract. My red flag finally went up at that point. I wish it would have gone up sooner. I really feel like an idiot but they do know exctly how to play you.

  • Te
      29th of Mar, 2009
    +2 Votes

    To help others recognize this scam, I will go back to the beginning. While looking for a home based business opportunity, I found a site that appeared to have done some independent research of these "systems" and rated the top ten (turned out that this is also an Ivy Capital created site). Brent Austin's "Automated Wealth System" was rated at the top so I went to that site and for $67 signed up for a site and a "product" to sell (turned out to be a worthless E-book with links to other Ivy Capital money sucking deals). Once I got the site, step 2 of the system tells you that you can't make money if no one can find your site so they offer to submit your site to the search engines. I clicked the link and for another $67 they say they will submit your site (I understand a site needs traffic so I paid). Turned out that the only record of that transaction is on my credit card. You get nothing but a "thank you for your purchase" message and no evidence that they did anything to submit your site to anyone (none of this is evident until you go in and try to verify or cancel anything). So now I wait to see the sales come in...and then the BIG scam starts. Before you have time to see that there are no sales (and never will be) I get a call from the "Success Team" (more like the "Sucks $$ Team"). This is a 2 person team the first guy makes you feel that this is an exclusive offer and to see if you qualify he asks about your commitment to being a success story and if you have "Other Peoples Money" (your credit cards) to use and how much you have available (this is how they know how much to charge you). This is the first of many times that they assure you that you can recover your investment in a matter of 2 or 3 months. This guy tells you he feels you are qualified to be a success example (I guess I would have been the first since I find NO others anywhere) and turns you over to his Director. This guy delivers the best lies and says "for a one time investment of (insert you card limit here) you will have everything you need to have your own business earning $5k and up per month" and guarantees that they will work with you until you are successful. This is when I say I would like to think about it and he starts the conversation about my lack of commitment to success and that he has spent all this time on my success and I can cancel within 3 days. So I signed up. I immediately went on line to check with the BBB. Ivy Capital is not approved, has a C- rating and dozens of complaints. I tried calling the extensions of the people I had been called by (each gave a name and extension) no answer and no call back. This went on for 4 days, so I contacted my credit card company and opened a dispute (still pending). Then I get a call from Ivy, but it's not about a refund. This guy says he is my business coach and before I can even tell him anything he starts his pitch about how I need an LLC in Nevada, corporate credit and tax advice for $5800. What happened to my "one time investment for everything I need"? I told him I don't want anything but my money back. He said he was a separate service and had nothing to do with my original contract (he started the call by saying he was my business coach). He told me to call the 800 number and gave me another extension that no one answers. Five days later a guy calls and says he is my "tax coach" and asks if I have set up my LLC and established corporate credit. Now I am at a point I want to see what he is up to so I tell him yes I am all set. He says "good I will be helping you keep the money you make by showing you how to avoid the taxes on your new business" then he asks "how much is your corporate credit line"? At this point I start asking him questions about why he is not taking advantage of this web business himself because it must make more than his Ivy Capital commissions. To that he replies, "Oh I don't work for them I am with The Tax Club". Bottom line is it is a band of thieves! Don't buy into any of it! You can make money with an online business, but most of the information is free and services that these guys trick you into for thousands are available for hundreds and should be pay as you go, not pay up front and run with the money!

  • Mo
      5th of May, 2009
    +2 Votes

    Thanks for everyone's comment, you have saved me thousands of dollars! I was talking to a "senior business director" with Ivy on the phone and was at the decision point. He's going to charge me $6, 880. I went through exactly what Teddy had, i.e. purchased a useless package from AWS, then getting a phone call later... I was lucky because I had this idea of doing a bit of search while talking to him over the phone, and found all of your comments. I quickly ended the conversation. My question is did anyone actually got the refund, even for the initial package?

    By the way, I want to add a funny detail to Teddy's experience. When I was at the AWS website, it makes it sound like this is one time offer, but when I clicked close, a second screen came up, with only half of the initial offer price (not remember exactly the $$), and again it's "your last chance". guess what, I clicked close again, the price dropped by 50% again! I bought it at the point. And this happened in a subsequent step where they asked me to upgrade it, the price went down 3 times before it finally ended.

    I feel stupid of spending time talking with them...

  • Am
      5th of Jun, 2009
    +1 Votes

    Can anyone please comment whether they have had any success in getting a refund from this company, any recourses or is it a waste of time and we all need to kiss our money goodbye? it would be encouraging to hear if someone got their money back.

  • Pz
      21st of Jun, 2009
    -1 Votes

    On /link removed/ they say Ivy Capital is legit, check it out:
    /URL removed/

  • Th
      6th of Jul, 2009
    +1 Votes

    WE too (3 of us as a group for assets, and we are now told only get ONE package!) have been waiting for the return phone calls that never come. Of course if they actually answered the phone you wouldn't have that problem!
    The way they charge you is to take all of your available credit no matter what the dollar figure. I read one blog that said they would do the same for $1.00 ...that they claim they will do for us for $8, 000!! Oh and don't forget the $30.00 per month that they slid in.

    You go to meeting and take notes and wait for a coaching session. Then you do it all yourself apparently. They tell you that they will help you in every way possible to find your niche' and affiliates, etc. and take your money, but then webinar says they show you where and YOU do it!

    We are going to try to schedule a coaching session and see what happens. We have learned a few things possibly that we did not know but could have easily found on our own.

    If there is going to be a joint lawsuit we are all for it.
    There will be three more names in the pot. Keep us informed and we will also do the same.
    So far all I can see is that we have all fallen into the hands of incredibly well skilled and trained scam artist that prey on the people that are willing to work and pay for the help when they are out of other options to make a living in this steadily falling economy. We also will contact an attorney if, in fact, we can find the money to do so now that they have wiped out our credit lines! Hang in there. WE as a group have a chance to do the class action and recoup or losses.

  • Ap
      10th of Jul, 2009
    0 Votes

    I was scammed as well...what you need to do is call your credit card companies immediately and let them know that they are fraudulent charges. I have one of my cards taken care of already...and am working on the second right now as I am typing this. This company is pathetic and rediculous and should be illegal...They should not be able to call anyone.

  • Co
      11th of Jul, 2009
    -3 Votes

    As a company we have always vigilantly worked to satisfy our customers and support the services that we provide. We stand by our committment to any new entrepenuers success and realize that with or with out help it can be a frustrating and tough process to start a new business. If you are our client and have an unresloved issue we are happy to speak with you and resolve it. Please contact us by sending an email to customer Thank You.

  • Do
      13th of Jul, 2009
    +2 Votes

    as a company you stand by your bullshi*&(*&(&(. thats if we can get ing touch with aa live person...and if we we did you transfer the call to some phones that they don't aswer...yeah right speak to us alright. huh!

  • Sh
      16th of Jul, 2009
    +1 Votes

    well said dodgemenow. Out of my 15 phone calls to their company, I've gotten a live person only 3 times...and that was because they were expecting my call. Otherwise, good luck. :)

    If they really worked "vigilantly" to satisy their customers, we wouldn't be on this website complaining in the first place. SATISFIED CUSTOMERS DO NOT TALK SMACK! ;)

  • Sh
      16th of Jul, 2009
    0 Votes

    And note to all, BBB had given Ivy Capital an "F" as of 2 days ago. I see from Teddy's story above that it used to be in the "C" range, and I read on another website that a girl stated they had a "D" rating. So it's falling and it has now hit rock bottom. Still, the only reason BBB listed for this rating was a lack of info about the company. Hmmm...seems like there is plenty of info about this company on the web.

    My story was pretty much the same thing as Teddy's - almost word for word...minus the tax coaches. That's an interesting twist that I hope I never have to go through personally. I'm still trying to get my money refunded, even though I cancelled within that 3 day period of time.''

    FYI - beware of believing [redacted]'s statements about this company. I have no doubt that they are making a fair profit to say positive things about this company, even at the expense of ignorant and trusting consumers.

  • Sh
      18th of Jul, 2009
    +1 Votes

    I just wanted to add some key words here, so that if anyone's researching these terms, they will find this page.

    Shawn Casey
    Brent Austin - Automated Wealth System
    Jennifer Baxter
    Angel Stevens
    Lauren Mitchell
    Angela Pembrook
    The Ultimate Fitness Package
    Triad Success Team
    Internet Wealth Training Institute


    I was actually speaking to icccoaching customer service just the other day and the person I spoke to informed me that the only people who complain about their services are the ones who either 1.) quit, or 2.) don't do the work. This person told me that people just want someone to blame. Is that the truth? I'm not sure. I just know that I don't want to risk thousands of dollars to find out if this is a legitimate business opportunity where there are so many signs of "danger, will robinson, danger"!

  • Sh
      18th of Jul, 2009
    0 Votes

    I forgot the two biggest ones...IVY CAPITAL and E CAPITAL

  • Ri
      18th of Jul, 2009
    +1 Votes

    i was also ripped off by Ivy Capital, success team ICI coaching Triad media is a big scam and they prey on people who are unemployed and hurting...they convince you to use all your available credit on your card and guarantee you will make back your investment or refund you the money...i paid$8800 and recieved no coaching just a bunch of emails...i am 87 years old and live on social security...i have no way to [pay back the credit card so now have to file bankruptcy and ruin my credit...thanks Ivy for taking advantage of a senior citizen and putting me through this experience...i wish i had seen this before i signed up..

  • Ri
      18th of Jul, 2009
    +1 Votes

    i read that the FTC has started a lawsuit against Mentoring of America that runs the exact same scam as Ivy...i will be going to the FTC website and urge them to ad Ivy to the lawsuit ...everyone else should as well

  • Co
      22nd of Jul, 2009
    +2 Votes

    I just typed a whole big response and I don't know where it went! So to make a long story short, I am in Michigan and got screwed too out of $8500. I will go to the FTC website too as we all should. If there is a lawsuit, I am there!!

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