Vipco Advisors, ACL Wellness, A Charitable Life, Ville Insurance, and All Merchant Funding all of which are companies are intertwined. There are so many OTHER companies these criminals run it is unbelievable. The complaint is against the following individuals many of which are now known to have fraud in their background.
Jay Politi, Vik Jain, Mack "Mickey" Christian, Samantha Ficke, Stephen Preusz, Richard Cole, Russell Lowe, Ryan Lowe, Andamo Tolson, Shelley Politi, Nicolas Politi, Charles Salazaar, Doug Wilson and just added to the team Chris Wrba.
There are over 150 advisors over the last year that are WILLING TO COME FORWARD across the country that have been defrauded by Vipco Advisors AND all of the above said companies and more companies to be listed. What you are about to read is about 1 year of advisors finding out about VIPCO and just walking away. No one said anything because they thought sooner or later someone would take the time to document all this stuff.
WELL....I am your huckleberry.
We were independant Vipco Advisors as Licensed Life and Health Insurance Advisors. We sold policies through the Vipco@work Program and ACL Wellness. The program has changed so many times it was not funny. Compensation changed for the worst and most held on becasue their name and livelyhood was on the line. Once advisors sold Vipco@work policies which had a component of ACL Wellness attached they were supposed to receive a percentage of the ACL Wellness Commission and a percentage of the Life Insurance policies that were sold at the worksite. ACL Wellness to this day is still receiving commission from the clients we signed up and American Amicable is still receiving the premiums from the client for the life insurance policies the employees have in place. American Amicable made payment to Vipco Advisors to pay the agents but Vipco is not paying the agents what is due to them. Vipco Advisors is playing games sending a few dollars to advisors with NO invoice or payment explanation attached shorting people thousands of dollars, here and there as to circumvent advisors from being able to say they have not received any money.
FACTS:
We do not know where VIPCO Advisors is domiciled or what state they are legally working out of. We were told Texas and yes they are listed with Florida Secretary of State but why are they in Florida too with a slightly different name?
Vipco Advisors boasts to have been purchased by Mr. Vik Jain and ACL Wellness/A Charitable Life.
Vik Jain has charges of embezzlement and been caught taking bribes https://books.google.com/books?id=DLqYAwAAQBAJ&pg=PT196&lpg=PT196&dq=vic+jain+texas&source=bl&ots=neQ-7Bd4aH&sig=Y-a7jFBAGqLcabuttLvFAiRaROU&hl=en&sa=X&ved=0ahUKEwj2voadwJTPAhUJ6WMKHfnpCUg4ChDoAQgnMAI#v=onepage&q=vic%20jain%20texas&f=false
Vik Jain, Russell Lowe and Stephen Preusz have over 15 companies registered throughout Texas and Vipco is the newest one....WHY? Is he moving money again? They intends to defraud some more people.
Vipco's new owners Vik Jain, and CFO of ACL Wellness Samantha Ficke are still promising to pay advisors who have not been compensated but NO PAY, just more games.
Vipco's President Jay Politi has another company https://www.corporationwiki.com/p/2gkddo/the-ladderville-corporation several felonies including check fraud in Mississippi and Vipco Executives have been recorded stating that Jay Politi embezzled the money and showed them fake bank statement and that is why no one is getting paid.
Vik Jain told the field force on a recent company call that Jay Politi was deathly ill so he needed to step down. Far from the truth. It has been proven that when Jay Politi tears down a company just like he did with Liberty National he plays sick and all those involved play along.
Jay Politi has not been prosecuted for embezzlement because they expected it "there is no honor among thieves"
Vipco has now introduced it's field force to Mr. Chris Wrba as an acting CEO a good friend of Vik Jain. Did they say he was from Venefits we cant find that company. He came out of nowhere and knows nothing. Who is this man and how can he raise a sinking ship? WHAT say that again ohhhhhh Zenefits? http://www.benefitspro.com/2016/07/25/zenefits-agrees-to-pay-62500-fine-to-the-state-of?eNL=57967f35150ba0b95b5bb56d&utm_source=BPro_Daily&utm_medium=EMC-Email_editorial&utm_campaign=07262016
There was just a MASS exitdous of advisors in September due to Jay Politi stealing all the money from Vipco and advisors not being compensated. Lies from everyone listed above were told time and time again. Conference calls were a joke and men that have some many companies you would think could run just this one.
Mack "Mickey" Christian admitted on tape that he had no knowledge that his license was being used as agent of record for Vipco Advisors and was not aware that he should have been getting compensation along with other advisors from insurance companies such as American Amicable, Foresters and National Life. Wait....someone used your license signed your name and you are still at the company acting as if business is usual?
Vipco Advisors and Ville Insurance's call center has and is using OTHER Advisors license numbers to write insurance policies and conduct business getting compensation on cases. The problem is those clients are cancelling policies and the advisors are getting the cancelation policies only to find out they have no clue as to who the client is and when the policy was written.
Mickey Christian and Richard Cole have fail to hang up their cell phones after phone calls and poor advisors have to hear about the schemes in place to keep them at bay and keep the ball rolling while they buy time in an effort not to pay. Technology is a booger you good old fellas.
Merchant Funding cases were sold and advisors were not compensated according to the compensation plan. The plan has changed several time and each time an unsuspecting advisor closes a funding deal only to be shorted thousands of dollars. Mr. Richard Cole happens to be a principal at All Merchant Funding too.
Vipco Advisors has received a cease and disist to stop marketing the ACL Wellness PHMP Program, insurance companies are pulling their appointments and it is just going to get worse.
Vipco is still brining onboard unsuspecting Advisors/Brokers that are soon to see their fraudelent practices but hopefully this message will help save them time, energy and money.
Vipco Advisors Reviews
vik jain scam
Does Vik and his team still own a Charitable life?
Vipco Advisors, ACL Wellness, A Charitable Life, Ville Insurance, and All Merchant Funding all of which are companies are intertwined. There are so many OTHER companies these criminals run it is unbelievable. The complaint is against the following individuals many of which are now known to have fraud in their background.
Jay Politi, Vik Jain, Mack "Mickey" Christian, Samantha Ficke, Stephen Preusz, Richard Cole, Russell Lowe, Ryan Lowe, Andamo Tolson, Shelley Politi, Nicolas Politi, Charles Salazaar, Doug Wilson and just added to the team Chris Wrba.
There are over 150 advisors over the last year that are WILLING TO COME FORWARD across the country that have been defrauded by Vipco Advisors AND all of the above said companies and more companies to be listed. What you are about to read is about 1 year of advisors finding out about VIPCO and just walking away. No one said anything because they thought sooner or later someone would take the time to document all this stuff.
WELL....I am your huckleberry.
We were independant Vipco Advisors as Licensed Life and Health Insurance Advisors. We sold policies through the Vipco@work Program and ACL Wellness. The program has changed so many times it was not funny. Compensation changed for the worst and most held on becasue their name and livelyhood was on the line. Once advisors sold Vipco@work policies which had a component of ACL Wellness attached they were supposed to receive a percentage of the ACL Wellness Commission and a percentage of the Life Insurance policies that were sold at the worksite. ACL Wellness to this day is still receiving commission from the clients we signed up and American Amicable is still receiving the premiums from the client for the life insurance policies the employees have in place. American Amicable made payment to Vipco Advisors to pay the agents but Vipco is not paying the agents what is due to them. Vipco Advisors is playing games sending a few dollars to advisors with NO invoice or payment explanation attached shorting people thousands of dollars, here and there as to circumvent advisors from being able to say they have not received any money.
FACTS:
We do not know where VIPCO Advisors is domiciled or what state they are legally working out of. We were told Texas and yes they are listed with Florida Secretary of State but why are they in Florida too with a slightly different name?
https://www.corporationwiki.com/p/2n00rw/americas-vipco-advisors-inc
Vipco Advisors boasts to have been purchased by Mr. Vik Jain and ACL Wellness/A Charitable Life.
Vik Jain has charges of embezzlement and been caught taking bribes https://books.google.com/books?id=DLqYAwAAQBAJ&pg=PT196&lpg=PT196&dq=vic+jain+texas&source=bl&ots=neQ-7Bd4aH&sig=Y-a7jFBAGqLcabuttLvFAiRaROU&hl=en&sa=X&ved=0ahUKEwj2voadwJTPAhUJ6WMKHfnpCUg4ChDoAQgnMAI#v=onepage&q=vic%20jain%20texas&f=false
Vik Jain, Russell Lowe and Stephen Preusz have over 15 companies registered throughout Texas and Vipco is the newest one....WHY? Is he moving money again? They intends to defraud some more people.
https://www.corporationwiki.com/search/results?term=stephen%20preusz
https://www.corporationwiki.com/Texas/Frisco/stonebriar-financial-services-llc/37987574.aspx
https://www.corporationwiki.com/Texas/Dallas/advanced-medical-alliance-inc/38917775.aspx
Vipco's new owners Vik Jain, and CFO of ACL Wellness Samantha Ficke are still promising to pay advisors who have not been compensated but NO PAY, just more games.
Vipco's President Jay Politi has another company https://www.corporationwiki.com/p/2gkddo/the-ladderville-corporation several felonies including check fraud in Mississippi and Vipco Executives have been recorded stating that Jay Politi embezzled the money and showed them fake bank statement and that is why no one is getting paid.
Vik Jain told the field force on a recent company call that Jay Politi was deathly ill so he needed to step down. Far from the truth. It has been proven that when Jay Politi tears down a company just like he did with Liberty National he plays sick and all those involved play along.
Jay Politi has not been prosecuted for embezzlement because they expected it "there is no honor among thieves"
Vipco has now introduced it's field force to Mr. Chris Wrba as an acting CEO a good friend of Vik Jain. Did they say he was from Venefits we cant find that company. He came out of nowhere and knows nothing. Who is this man and how can he raise a sinking ship? WHAT say that again ohhhhhh Zenefits? http://www.benefitspro.com/2016/07/25/zenefits-agrees-to-pay-62500-fine-to-the-state-of?eNL=57967f35150ba0b95b5bb56d&utm_source=BPro_Daily&utm_medium=EMC-Email_editorial&utm_campaign=07262016
There was just a MASS exitdous of advisors in September due to Jay Politi stealing all the money from Vipco and advisors not being compensated. Lies from everyone listed above were told time and time again. Conference calls were a joke and men that have some many companies you would think could run just this one.
Mack "Mickey" Christian admitted on tape that he had no knowledge that his license was being used as agent of record for Vipco Advisors and was not aware that he should have been getting compensation along with other advisors from insurance companies such as American Amicable, Foresters and National Life. Wait....someone used your license signed your name and you are still at the company acting as if business is usual?
Vipco Advisors and Ville Insurance's call center has and is using OTHER Advisors license numbers to write insurance policies and conduct business getting compensation on cases. The problem is those clients are cancelling policies and the advisors are getting the cancelation policies only to find out they have no clue as to who the client is and when the policy was written.
Mickey Christian and Richard Cole have fail to hang up their cell phones after phone calls and poor advisors have to hear about the schemes in place to keep them at bay and keep the ball rolling while they buy time in an effort not to pay. Technology is a booger you good old fellas.
Merchant Funding cases were sold and advisors were not compensated according to the compensation plan. The plan has changed several time and each time an unsuspecting advisor closes a funding deal only to be shorted thousands of dollars. Mr. Richard Cole happens to be a principal at All Merchant Funding too.
Vipco Advisors has received a cease and disist to stop marketing the ACL Wellness PHMP Program, insurance companies are pulling their appointments and it is just going to get worse.
Vipco is still brining onboard unsuspecting Advisors/Brokers that are soon to see their fraudelent practices but hopefully this message will help save them time, energy and money.