- 3 - a “credit repair” program. The Ultimate Comeback offered three “phases” for the marketing and sale of the Credit Maze. The Ultimate Comeback’s orientation guide states that in order to be a member in phase I an interested party paid $1,250 plus a $50 administrative fee for a copy of the Credit Maze product. The broker2 for the phase I member received 90 percent of the $1,250 payment. The Ultimate Comeback’s orientation guide states that in order to be a member in phase II, an interested party paid $6,250 plus a $75 administrative fee for a seminar related to the Credit Maze. The broker3 for the phase II member received 90 percent of the $6,250 payment. The Ultimate Comeback’s orientation guide states that in order to be a member in phase III, an interested party paid $31,250 for a financial education seminar in Hawaii. The broker4 for the phase III member received 90 percent of the $31,250 payment. Not all new phase I, II, and III members paid the amounts listed in the orientation guide. Everyone who transferred from 2 In order to be a phase I broker, a member had to recruit six additional phase I members. 3 In order to be a phase II broker, a member had to recruit six additional phase II members. 4 In order to be a phase III broker, a member had to recruit two additional phase III members.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Next
Last modified: May 25, 2011