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  1. #1

    LGM Wealth Building Program

    Here's another one I need to know if any of you have seen and maybe know anything about. LGM, P.O. Box 1285, Zebulon, NC 27597. Thanks!!

  2. #2
    Join Date
    May 2006
    Posts
    19

    Re: LGM Wealth Building Program

    This company has many addresses in North Carolina, I would beware! If I were you. Go to www.BBB.org and on the top left go to "check out buisiness" section and type in LGM. You will the different addresses and a report on each one. Here are one of the reports,


    BBB Reliability Report

    The Better Business Bureau®
    Serving Eastern North Carolina
    5540 Munford Road, Suite 130
    Raleigh, NC 27612
    919-277-4222
    www.bbbenc.org




    LGM
    PO Box 982
    Middlesex, NC 27557-0982



    The BBB reports on members and non-members. If a company is a member of the BBB, it is stated in this report
    BBB Definition:

    report - A summary of activity reflected in a company's BBB file. Includes basic business background, BBB membership information, and Bureau complaint activity over the previous three years. Also reports may include any known government actions, advertising issues or other information that results from activity conducted by the BBB.


    .



    File Open Date: February 2004
    TOB Classification: Work-At-Home Companies
    BBB Membership: This company is not a member.


    The Bureau has requested basic information from this company but has not received a response. As a result, the Bureau may not have current information about the company.


    Customer Experience

    Based on BBB files, this company has an unsatisfactory record
    BBB Definition:

    unsatisfactory record - A company has an "unsatisfactory business performance record" with the Bureau is based on the experiences reflected in BBB files. This file condition results when the company has failed to resolve or respond to complaints, repeatedly failed to respond or resolve issues in a timely manner, failed to resolve the underlying issues for a pattern
    BBB Definition:

    pattern - More than 2 complaints involving the same allegations usually within 12 months that are significant in relation to the company's size and volume of business.


    of complaints, failed to honor their commitment to mediate or arbitrate disputes or honor mediated agreements or arbitrated decisions, failed to substantiate, modify or discontinue false advertising claims that are challenged by the BBB, or failed to discontinue unauthorized use of the BBB name and logo, a Federally protected trademark.


    with the Bureau due to its failure to substantiate or modify advertising claims
    BBB Definition:

    advertising claims - The Better Business Bureau reviews business advertising, (newspaper, magazine, TV, radio, internet) routinely to ensure that it is truthful and ethical. Claims in advertising are measured against basic advertising principles of the BBB Code of Advertising
    BBB Definition:

    BBB Code of Advertising - http://www.bbb.org/membership/codeofad.asp


    which was developed to guide advertisers, advertising agencies and advertising media.


    .

    When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints.

    The Bureau processed a total of 2 complaints about this company in the last 36 months, our standard reporting period. Of the total of 2 complaints closed in 36 months, 0 were closed in the last year.

    Delivery Issues
    BBB Definition:

    Delivery Issues - Claims alleging delayed delivery of ordered merchandise.



    Unresolved
    BBB Definition:

    Unresolved - The company failed to resolve the complaint issues.



    1 - Company failed to resolve the complaint issues through the BBB voluntary and self-regulatory process.

    Refund or Exchange Issues
    BBB Definition:

    Refund or Exchange Issues - Claim of alleged failure to honor company policy or verbal commitment to provide refunds, exchanges, or credit for products or services.



    Resolved
    BBB Definition:

    Resolved - The company resolved the complaint issues.



    1 - Company resolved the complaint issues. The consumer failed to acknowledge acceptance to the BBB.



    Advertising Review

    Based on BBB files, this company has an unsatisfactory record
    BBB Definition:

    unsatisfactory record - A company has an "unsatisfactory business performance record" with the Bureau is based on the experiences reflected in BBB files. This file condition results when the company has failed to resolve or respond to complaints, repeatedly failed to respond or resolve issues in a timely manner, failed to resolve the underlying issues for a pattern
    BBB Definition:

    pattern - More than 2 complaints involving the same allegations usually within 12 months that are significant in relation to the company's size and volume of business.


    of complaints, failed to honor their commitment to mediate or arbitrate disputes or honor mediated agreements or arbitrated decisions, failed to substantiate, modify or discontinue false advertising claims
    BBB Definition:

    advertising claims - The Better Business Bureau reviews business advertising, (newspaper, magazine, TV, radio, internet) routinely to ensure that it is truthful and ethical. Claims in advertising are measured against basic advertising principles of the BBB Code of Advertising with the Bureau due to its failure to substantiate or modify advertised earnings claims. The Bureau has requested the company to provide the names and contact information for ten (10) individuals who have received the claimed earnings. The company responded in a letter dated 4/27/04 "we have not been in business long enough for anyone to make the amount of money shown. The business has not done much of anything, and we are not promoting it any longer."


    Industry Tips

    WORK AT HOME

    Every day, ads for work at home jobs appear in newspapers across the country as well as in national magazines and on the internet. Some of the offers include stuffing envelopes, assembling products, reading books, reviewing movies, medical billing, or selling advertising on the internet. The Better Business Bureau suggests using extreme caution when responding to any such offer. While ads claim high earnings and short hours with little or no experience, Bureau files nationwide indicate no evidence of anyone making the promised money. Rarely if ever, are these ads an offer of legitimate employment. Generally these jobs require up front fees for information or supplies, and only the person who ran the ad makes any money. You should be aware that the United States Postal Inspectors regularly investigate these fraudulent schemes, and that you risk investigation and possible prosecution by postal or other law enforcement agencies if you become involved in one of these schemes.

    Also North Carolina General Statute #75-31 states "No person, firm, association, or corporation shall advertise, represent, or imply that any person can earn money by stuffing envelopes, addressing envelopes, mailing circulars, clipping newspaper and magazine articles, or performing similar work, unless the person, firm, association or corporation making the advertisement or representation: (1) actually pays a wage, salary, set fee, or commission to others for performing the represented tasks; and (2) at no time requires the person who will perform the represented tasks to purchase from or make a deposit to the solicitor on any instructional booklets, brochures, kits, programs or similar information materials, mailing lists, directories, memberships in cooperative associations, or other items or services.

    Work-At-Home-Schemes Now Peddled On-Line
    "Special BBB Investigation Confirms: Work-at-Home Dealts are ""Too Good to be True"""
    Work-at-Home Schemes
    Better Business Bureau Warns Consumers of Three Work-at-Home Companies Based in State of Oregon

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