Complain about a product or service

Global Finance/2Xtreme Performance

Debra of Meridian, ID, writes:
In October, 1998, I bought into a "home-based business opportunity" through 2Xtreme Performance International, which was then bought out by USAssurance Group and renamed Akahi.com in February or March of 1999. It subsequently closed its doors in June, 1999, and filed for bankruptcy.

In the fall of 1998, 2Xtreme Performance International was pushing an "exciting new business opportunity on the internet" that we could do at home. They called it "6 for 6 - Extreme Access". If we bought the Extreme Access program for about $4200 cash or financed it through a leasing company for $149.95 down and $149.95 per month for 39 months, we could buy out at the end for $1. This lease was to include a 300 MHZ computer, printer, 100 titles of software, 3-year on-site warranty, parts and labor, 6 months unlumited online software training with Lotus, MS Word, and more, a webpage tied to a Virtual Mall with over 100,000 products that people would shop and buy and we would get a commission, and more.

We were told we must take their computer system, even if we had our own, and that most of the cost of the Extreme Access was in the business opportunity as the actual equipment was only worth about $750 - $1,000. Since we never got most of what was promised to us, and since the company has gone out of business, I have stopped paying the lease, as have hundreds, if not thousands of other people.

Global Leasing contends that the $6,000 lease was just for the computer equipment and the availability of the merchant account. I believe, as do many others, that Global Leasing and the other leasing companies 2XPI used, had to have been in on the scam. It is critical that Global Leasing be investigated for their part in this fraud. The FTC has filed a complaint against 2Xtreme, Akahi.com, USAssurance Group, and many others. Some of the company's officeers are in federal prison on a prior fraud charge.

Global Leasing does not want to let anyone out of their leases, even though I have already paid them about $1,500. Others have paid more, some less. I am going to contact the FTC to see if they will add the leasing companies' names to the list.

Beside the financial havoc losing over $7,000 has wreaked in my life, the continual emotional damage is mounting as Global continues to try to collect on this fraudulent lease. I have been contacted repeatedly by their collection agency, Metropolitan Adjustment Bureau, and their legal service. I have forwarded a copy to both of them from the Idaho State Attorney General's office stating that any lease arising out of a fraudulent transaction is unenforceable, yet they have filed a negative report with the credit agency Equifax against me. This continues to be emotionally stressful having to fight this every day.

Back to the top |