Are you afraid now that CCG is under investigation??

Question

Everytime I meet someone who says this is not a scam, they always KNOW SOMEONE who it is working for. I've never met anyone who says "they paid of MY house, MY car, and/or I am getting monthly returns. Now, mt wife and I are both E7s in the Army. We both own homes and and between us we have five fully functional vehicles, and one child. In other words we are not rich by a long shot, but we are definitely NOT strapped for cash. We never even argued about money until we went to this presentation. I hated from the start and she made me stay, so I asked a bunch of hard questions and stirred up the crowd. She got mad at me and we have argued for months over this. I have an anger management problem anyway, so I said some things I didn't mean and she has done the same. Anyway this CCg crap caused the biggest arguments we have ever had in 8 years of marriage and 15 years of knowing each other. heres a news story on it: Its a scam! http://www.fayobserver.com/article?id=264290

Answer 1

Kitty K ,Yea,if it smells like a skunk,looks like a skunk and acts like a skunk.It's a SKUNK.!! I have been to some seminars over the yrs and what they said was too good to be true. Yep and they were.I would list all of them in my last 35+ yrs but space is limited.One thing they hooked me on was a get rich in Real estate. At the beginning of the seminar they stood up and said"Anyone who wants out now can get a full refund"!! How I wish I had followed my "gut feeling" and got up and left In Cincinnati we had ads running called the 10% group and thy promised a 10% return on your investment. A lot of people lost the donkey on this if ya know what I mean. My "Dear Ol Dad" told me something that rings true to this day when it comes to an investment. "Son, thay ain't makin' no more land"!and houses are a good investment too in the right neighborhood 1-3 family houses pay for themselves. If you are going to gamble ,don't let someone else roll the dice for you. Make your own choices on the market, cause if hogs and beefs are down ya can always eat em'!!!! He was right too.Now ask your wife, is this worth us fighting over? Cause theyr'e is someone out to dupe a soldier out of his / her money. Wether it be a card shark / bookie in the barracks or a smooth talkin' suit , times haven't changed and the games are the same but with a different twist

Answer 2

There was a company like that in a town I used to live in, Sinclair Financial. When we moved to town and I saw the ad, I told my wife that I bet that was a scam. They folded a few years later, robbing literal hundreds of big chunks of their life's savings, but several of the crooks did wind up going to jail.

Unfortunately, it makes it exceedingly hard for legitimate companies. Although, I was acquainted with another but it wasn't a scam, but for all the results might have seemed that way. An investment house on the west coast, bragged about all of the ball players they had as clients, but they were into a program that was heavy into dividend paying life insurance, one of the oldest life insurers in the country, at that time, a big competitor with New York Life. Well, there was an east coast housing bubble and the company was big on real estate mortgages, especially big buildings. When they went bust, everybody lost everything, but their annuity business (none of which lost a dime). I can chuckle a little at that west coast sales company, but not too hard--I sold for that company also, and almost cost a couple of good friends their life's savings as son was going to use a plan to buy out the father's interest in the family business. It is a hard thing when a plan goes against you--even when you are honest.

Answer 3

Yes, it's a scam. Take a hard look at the economics of the thing and you'll see that it doesn't make any sense.

I'm sorry that your wife is p1ssed off but you've done right by your family to stay out of it.

You need to figure out how to disagree without being disagreeable.

Answer 4

From day one this started marketing - I told people to keep away.

Everything that has come about has proven me right.

I hate being so right all the time about these scams.