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Silver Stream Advisors LLC Gregg Wood President/CEO Silver Stream Advisors, LLC Silver Stream Advisors owner refuses to pay his employees and lies to
26th of Jul, 2011 by User947777
Today is 3 months to the day from when I asked for a meeting with the president/CEO Gregg Wood of the company Slvr Stream Advisors. Today marks 3 months to the day that I still have not been paid, not 1 cent! I was interviewed by Mike Ross who said he was the Sales Manager. He seemed to be extra hyper and unable to sit still. I was then interviewed and hired by Don Hill who said he was the HR Manager, who, during the interview could not sit still and who I believed to be on some sore of narcotics, until he admitted he had ADHD and was always on medication for it. I was told they had great leads for the floor to call due to just leaving a different company that was doing the same thing. **(Stealing leads from another company is not cool, but I was assured that they were all the leads that belonged the the owner of this company, Gregg Wood.) **(I was also assured that the last place the owner Gregg Wood had been working at had been shut down by the FTC, of which he had been detained for questioning as well, but I was assured that he had been let go when they realized he was not guilty of anything.) I let Don know I still worked somewhere else, but his opportunity sounded very good, with me being able to get in on the ground floor. I was told if I wanted the job the hours were open, I would be paid $400.00 a week. I could also make commissions of $300.00, $400.00 and $500.00 per sale. The working hours were whatever I wanted to work to get the sales in, no structure, Monday thru Friday or Saturday anytime, I just needed to let Don know what time I needed to be in for calls. I had to work at least 40 hours per week. And if I stayed longer to bring in the sales I would never be paid more than 40 hours per week, plus commissions. I asked for the new hire paperwork and was told when I came back Monday we would fill all that out. I informed Don I was still working and asked about the payday structure. I was told every Friday. I told him "Great, because right now that is my main complaint where I am working, I am on a by-monthly per month pay structure and it is not working well with my bills. I was also told we would have daily csh spiffs. And not to worry because I would have already made money by the 6th to allow my to pay my rent on time. I showed up Monday and sat there until Don, the Sales Manager/Trainer (So I was informed monday morning, as apposed to how he origonally introduced himself to me the previous Friday) decided to show up. I asked for the new hire paperwork to fill out and was told by Don he would grab it in a few minutes when everyone was there in the office upstairs. There was no structured script ready. My room mate was in my same position having being hired during the same interview as myself and he was asked to re-write the script since no one else could do it properly, according to Don. I proceeded to get on the phone and start making calls to leads I had been told were brand new, but ended up being 4 years old. The first day I called 250 leads. Not only were the leads 4 years old, but we were calling to see if consumers were interested in purchasing properties from us, and we were calling people who had purchased Land Oil Pumps instead. Before lunch and again before I left Monday I asked for the new hire paperwork and was told I would get it in a few minutes. I never received it. The second day, I showed up and again was told two times that Anna, the girl who handled the new hire paperwork would bring the papers down later today. I never received them. I dialed around 200 leads that day. I ended up pulling 7 sets out of the old leads in the total of the two days I was on the phone, and never heard anything regarding if they were being contacted at the times I had set. The third day, we had an "All Hands Training Meeting". I was hired and told by Don we were selling properties to consumers that we had previously purchased. What I found out during the training meeting is that, what the company really was doing, was purchasing section 8 properties in the cheapest neighborhoods in different states, and I was supposed to be calling them to join a property club so to speak. They would pay $5000.00 to join and that acted to hold thier first property. Then we were supposed to sell them on our company offering the property managment for the houses, the consumer was not allowed to use their own property managment companies. I was told Monday by Don when I started that they had already sold 12 properties. When, in fact, during the meeting, they stated that they had 4 in the works but had not closed a sale to date. I was finally given the new hire paperwork and asked what day pay day would be. I was told by Anna that it would be May 15, 2011. I explained that Don had told me it was every Friday, to whichc she answered, "Thats strange, because he gets paid the 1st and the 15th and always has." My room mate and I went straight to speak with the owner; Gregg Wood, who's door was closed and he was in the middle of a meeting. We walked in to speak with Nathan Dodge - Vise President/Aquisitions and his brother Eric Dodge. We explained all of the lying and misleading Don had done and told them we would not work with Don since he had lied to us several times. They told us they understood our concerns and wanted us to speak to Gregg Wood. We told them great, we didn't want to leave the company, but we can't work with people like that. Nathan took our Names, Addresses and Phone Number and said he would pass them on to Gregg Wood and either they would call us back to have a meeting with Gregg or they would mail our checks if nothing was going to change. That was 4/27/2011. I called a few times and always received the voice mail which I left messages on for someone to please call and let me know when the meeting would be or when I could expect my check. I thought the check may have gotten lost in the mail so my room mate called and spoke to Anna she assured him that our checks would be cut and mailed out on the next pay period on July 15, 2011. I called July 21, 2011, to see if they had had any issues mailing them. I happened to have Gregg Wood answer the phone. I proceeded to tell him who I was and that I needed to know when I could expect my check to be arriving. He then went on to tell me, he never intended on paying me or my room mate. He told me "I am not obligated to pay my employees, I pay them if I feel like it." So, now I have had to file a case with the Labor Commission, because Gregg Wood would rather try to sue my room mate for his post on here, than pay either of us the $200.00 each he owes us. What a joke. He thinks he can just decide not to pay his employees, it all makes sense now why the FTC would have detained him, I just hope that once the FTC goes after Slvr Stream Advisors, which they will, it is only a matter of time since they are mis-repping left and right, I hope they collect enough evidence this time around to put Gregg Wood where he belongs. Anyone who thinks he is above the law, better watch it, because, the law, is never wrong! Anyone else out there who has had a bad run in with this company or Gregg Wood himself, I am sorry, and don't let him get away with breaking the law. The labor commission was not laughing when I repeated what Gregg Wood said. All Gregg Wood would have had to do, is be eithical and moral, and he would be free to continue breaknig the law some other way, without any issues from me. But I worked hard for that money, and I will be paid. He would rather try to scare me with him sicking his attorney on us, than just pay what he is required by law to pay. This post is here, because he refusing to do what he is required to do by the state of Utah. I have said nothing in this that is false. Just shows, you don't have to have a brain or integrity to own/run your own company.

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