Consumer reviews and reports on scam companies, bad products and services
IamaaDirect LLC IAMAA MLM Scam, Ponzi Scheme, Fake Business, Kenny Davis took our money!!, Stay away from To The Nines! Carrollton, Texas
21st of Sep, 2011 by User969772
Iamaa Direct is running a PONZI SCHEME! In April 2011 I paid $5000 to be part of a direct sales company called To The Nines, run by IamaaDirect. We are supposed to be selling women's shoes and accessories. Kenny Davis is the head of Iamaa Direct, and has been responsible for recruiting over 400 people into this "business", generating over $500,000 in revenue from recruiting alone. Very little has gone into creating an actual business, and 5 months into this venture, we are no closer to earning any kind of income. From reading all the information on line about the CEO of IamaaDirect LLC, Kenny Davis, he's not who he says he is: . He claimed IamaaDirect was a multi-million dollar organization with 15 years experience, but we now know this company has only been in existence since April. He goes by 2 different names; Ken E. Davis and Kenny J. Davis. Tammy Davis is
Kenny's wife and is a very big part of IamaaDirect LLC. She is in charge of the marketing and web development. Kenny has told us that a large portion of our investment went to the purchase of the building/warehouse on West Crosby Road in Dallas - simply untrue, he leases it, and quite possibly to himself under another umbrella corporation. Where's our money? Multiple vendors for To The Nines have gone unpaid as far back as April of 2011. How can you collect over $600,000 and not pay the software developers, shoe vendors, printers etc? Bonuses have gone unpaid to multiple consultants and are several months past due; recently he bounced $100, $450, & $500 checks paid to consultants. Why isn't the money in the bank if IamaaDirect LLC is a multimillion-dollar company? These checks were written from IamaaDirect. Yet he continues to recruit. He lied to us multiple times to get everyone to keep recruiting, even though he now admits his business plan is flawed and he has to change everything. Two consultants in Dallas placed a $3800 event shoe order over 2 months ago, the check was cashed by Kenny Davis, but the shoes were never ordered. They have tried multiple times to get their money back, with no success. We know of 3 To The Nines business consultants who have tried to get out of the business and have not received their money back. They have brought law suits against the business and have been completely ignored, as far back as May 2011. Kenny has promised us that his attorneys have taken care of these matters and returned their money, but again lies. He has never returned their funds. He claims that Gardere Law Firm in Dallas are his attorneys – we know he is absolutely not a client of Gardere. Those of us in Dallas who have attended To The Nine events have been introduced to multiple "key figures" that were a part of the business. The introductions were set up as if he had long-term personal relationships with these individuals and what we've discovered is that they were short-term relationships that were developed in
the last year. Kenny Davis embellished all of his relationships and connections with individuals in powerful positions to increase his creditability. The business that Iamaa Direct set up and recruited for, To The Nines, is undoubtedly a PONZI SCHEME!!

Post your Comment

Complaint Details


Get new code


 

Recently Updated Reports

1
26 days ago by freeinfofraud
Bitky.io - Unable to withdraw funds
Bitky be Aware! Unable to withdraw money! Bitky idoes not allow you to withdraw your funds, do...
3
30 days ago by ned l.
Bi Polar Bullies - Bi Polar Bullies Kennel Karen Wolfe BUYERS BEWERE OF THIS...
thank you for bringing this to my attention...my name is Karen Wolfe, i'm the owner of...
6
31 days ago by ned l.
ServiceMagic ServiceMagic scams and cheats contractors...
Jason - I'm sorry to hear about your experiences with your leads recently. The leads that...
     

User Registration

Already a ScamExposure.com member? Log in now.
Username
E-mail address
Password
 
Get new code

User Registration

A confirmation email was sent to "".
To confirm your account, please click the link in the message.

If you don't see the email in your Inbox, please check your Spam box.

User Login

Not a member of ScamExposure.com? Register now.
E-mail address
Password
Forgot your password?
E-mail address
Back
Loading, please wait...
Your password has been sent to the specified email address. Log in