Russ Dalbey Scam

Govt. Sues Russ Dalbey “Winning In The Cash Flow Business ...

Http://reviewopedia.com/workathome/state-of-colorado-and-ftc-sue-russ-dalbey/

Someone who says he was a “coach” for Dalbey posted at the Denver CBS-TV website:

“We were the instructors for the program — the sales team essentially sold our ability to work with the customers (students)…I routinely worked with people who purchased $15k-$45k worth of products and services from (Dalbey), and if you spent less than $1,500 you didn’t spend enough to speak with me. One customer had (spent) nearly $75k, and I am fairly certain that the majority of folks (who spent) upward of $30k in products and services never made a note deal.

“….The program can work, but it is not cost-effective for the vast majority of students who lack the skills and character traits to make the system effective… Simple “note finders” spend time and money and get little result. ”

“In addition, the coaching staff worked very hard to fulfill the lies of the sales team, but we really didn’t make a wage comparable to the amount of “soul selling” we had to go through on a daily basis due to the questionable ethics all around us in the company policy and behavior.

“All in all, I think a fool and his money are easily parted, but there is some valuable information to be had – for a very limited amount of money, not the levels that I frequently saw.”

And…

“I used to work for Russ Dalbey when the company was called America’s Note Network or ANN (the company has changed names multiple times, for reasons I’m not privy to)…(I) accessed and evaluated the recorded calls between the sales team and the customers to make sure nothing was ever said that could be legally used against ANN. (We) could IMPLY that there were riches to be had in the note-finding business but never actually promise that the customer would see any.

“I finally quit when I could no longer morally justify to myself the flagrant fleecing of the uneducated and elderly. For every “student” who actually managed to flip a note, there were literally hundreds, if not thousands, that were bled dry of thousands of dollars for “additional coaching.”

From “Jonathan Ripepi”:

“I am also a former (Dalbey) employee. Initially I was hired “off the street” as a “fronter.” A “fronter” is the sales person who first cold-calls on Dalbey’s “leads.” A sales lead is anyone who has purchased anything from the infomercials. The fronter’s job is to find the person’s “hot button” or motivation for purchasing any product. This information is passed on to the “closer” who exploits this hot button and up-sells to additional products or services (thousands of dollars). The sales tactic is used to exploit anyone that has fears (of the future, of the poor economy, of steady work, not enough income, providing for a family, paying for college education, etc). So you see it is not limited to widows and old ladies but to anyone who is honest enough to reveal why they purchased or showed interest in Dalbey’s program.

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