I was contacted by Iselfdirect and was told that they were hired to help me eliminate my credit card debt from my new business and they wouldn’t ask me for any money. My coach was Brandon Turner and he told me that he was going to help me set up a Solo 401k for my business so I could save a lot of money on my credit card debt. The process makes sense but Mr. Turner then stated that they charge $2995 to set up the 401k plan.
I told Mr. Turner that I wanted to do my research and he began to get frustrated that I would want to check out what he was offering instead of agreeing right then and there. AM I GLAD I DID MY RESEARCH! Iselfdirect does not actually set up 401k plans. They use a different company called Provident Trust Group to build and hold the 401k plans.
Provident only charges $495 yearly with a $150 set up fee for the 401k plan.
Mr. Turner offered the plan to me for $2995 for year one plus a $225 fee to set up the loan. Then moving forward it is $495 annually.
DO NOT use them to set up the plan! They are simply pocketing the extra $2500 and you can go do the 401k plan yourself without being scammed out of the inflated price that iselfdirect is trying to charge. When I asked him about it he got an attitude and hung up on me. That is all I needed to know about their sales practices and how legitimate they are. He also claimed he had investment licenses and I never saw any proof of that!
Do not remember the crook's name; but after his presentation, he moved among the crowd to "sell his idea". First of all the "seminar" was sponsored by Chris & Adam Bowser who supposedly "sold a $35k + training program" to "effectively sell on amazon" of which they claimed to be a "part of amazon corp". FTC & amazon inc sued these brothers & their crook marketing guy.
ALTHOUGH at this "seminar" they had several ponzi scam presentors ... 1 of which represented iSelfDirect. WHEN the slimy guy merged into the crowd at a break he "claimed they could fund 'inventory' for ANY needs at ANY TIME by 'linking to my 401K or retirement fund' for ANY cashflow I needed" .... REALLY?? This is WAY ILLEGAL.
I see a monthlY profit being tranferred into another account AND IT'S NOT MINE!! i WAS TOLD i CAN'T MOVE BACK WHERE IT CAME FROM!!
THEY DON'T TELL YOU WHAT TYPE OF ACCOUNT IT IS AND WILL NOT GIVE YOU AN ACCOUNT NUMBER (SO YOU CAN'T DO AN ELECTRONIC TRANSFER BACK TO RETIREMENT ACCOUNT!) ALL THAT I WORKED FOR OVER THE YEARS IS NOW BEING HELD HOSTAGE. i DON'T KNOW WHAT TO DO WHERE TO GO FOR HELP!
connected to chris & adam bowser who are being SUED by Washington AG, Amazon, FTC and many others.
WHY would you "sign over" your hard earned & saved 401k, IRA, retirement to crooks like this ... THEN THEY SAY they have NO CPAs, NO ONE with Financial credentials!!! WAKE UP PEEPS
I too was contacted but I did not do the research. Stupid me I allowed them to set it all up paid them the money and was Handed over to American Estate and Trust who now handles my Solo 401k.
iSelfDirect, LLC. Reviews
I was contacted by Iselfdirect and was told that they were hired to help me eliminate my credit card debt from my new business and they wouldn’t ask me for any money. My coach was Brandon Turner and he told me that he was going to help me set up a Solo 401k for my business so I could save a lot of money on my credit card debt. The process makes sense but Mr. Turner then stated that they charge $2995 to set up the 401k plan.
I told Mr. Turner that I wanted to do my research and he began to get frustrated that I would want to check out what he was offering instead of agreeing right then and there. AM I GLAD I DID MY RESEARCH! Iselfdirect does not actually set up 401k plans. They use a different company called Provident Trust Group to build and hold the 401k plans.
Provident only charges $495 yearly with a $150 set up fee for the 401k plan.
Mr. Turner offered the plan to me for $2995 for year one plus a $225 fee to set up the loan. Then moving forward it is $495 annually.
DO NOT use them to set up the plan! They are simply pocketing the extra $2500 and you can go do the 401k plan yourself without being scammed out of the inflated price that iselfdirect is trying to charge. When I asked him about it he got an attitude and hung up on me. That is all I needed to know about their sales practices and how legitimate they are. He also claimed he had investment licenses and I never saw any proof of that!
Do not remember the crook's name; but after his presentation, he moved among the crowd to "sell his idea". First of all the "seminar" was sponsored by Chris & Adam Bowser who supposedly "sold a $35k + training program" to "effectively sell on amazon" of which they claimed to be a "part of amazon corp". FTC & amazon inc sued these brothers & their crook marketing guy.
ALTHOUGH at this "seminar" they had several ponzi scam presentors ... 1 of which represented iSelfDirect. WHEN the slimy guy merged into the crowd at a break he "claimed they could fund 'inventory' for ANY needs at ANY TIME by 'linking to my 401K or retirement fund' for ANY cashflow I needed" .... REALLY?? This is WAY ILLEGAL.
I see a monthlY profit being tranferred into another account AND IT'S NOT MINE!! i WAS TOLD i CAN'T MOVE BACK WHERE IT CAME FROM!!
THEY DON'T TELL YOU WHAT TYPE OF ACCOUNT IT IS AND WILL NOT GIVE YOU AN ACCOUNT NUMBER (SO YOU CAN'T DO AN ELECTRONIC TRANSFER BACK TO RETIREMENT ACCOUNT!) ALL THAT I WORKED FOR OVER THE YEARS IS NOW BEING HELD HOSTAGE. i DON'T KNOW WHAT TO DO WHERE TO GO FOR HELP!
crooks that take over your 401k, IRA
connected to chris & adam bowser who are being SUED by Washington AG, Amazon, FTC and many others.
WHY would you "sign over" your hard earned & saved 401k, IRA, retirement to crooks like this ... THEN THEY SAY they have NO CPAs, NO ONE with Financial credentials!!! WAKE UP PEEPS
I was a fish
I too was contacted but I did not do the research. Stupid me I allowed them to set it all up paid them the money and was Handed over to American Estate and Trust who now handles my Solo 401k.