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Find a Location

Wealth Accelerators FBA Inc. has 1 locations, listed below.

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    Business ProfileforWealth Accelerators FBA Inc.

    Business Consultant

    At-a-glance

    Customer Reviews

    1/5stars

    Average of 10 Customer Reviews

    Customer Complaints

    7 complaints closed in last 3 years

    0 complaints closed in last 12 months

    Customer Reviews are not used in the calculation of BBB Rating

    Reasons for BBB Rating

    Business Details

    Location of This Business
    145 Drennen Rd, Orlando, FL 32806-6178
    BBB File Opened:
    8/12/2021
    Years in Business:
    4
    Business Started:
    2/6/2020
    Business Started Locally:
    2/6/2020
    Contact Information

    Principal

    • Michael Sancho, Director

    Customer Contact

    • Michael Sancho, Director
    • Tyler Seijo, President

    Customer Complaints

    7 Customer Complaints

    Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews

    File a Complaint

    Most Recent Customer Complaint

    07/26/2023

    Complaint Type:
    Service or Repair Issues
    Status:
    Unanswered
    Back in March of 2022 I ****** ****** was looking for a new business industry to invest in. This is where I ran into Wealth Accelerators. I found them on ******** * ********** did my due diligence in researching the company and could not find any bad signs anywhere, everything seemed legit. I went ahead and enrolled in there orientation and loved what they were "providing and bringing to the table" which looking back now it was filled with unfulfilled and broken promises. The service in question was E-Commerce, and they offered a number of services such as ******* ******** ********* & trucking automation. I moved forward with there ******** Automation package which was 25,000 for the package. I wanted to do the ****** package but it was too much and I specifically took out a loan for this investment with the notion that it will pay itself off based on the revenue projections & statistics they were marketing to me. After going through the contract, I felt comfortable based on what I was sold on and moved forward with submitting the wire transfer. The date was April 1, 2022. Once they received the wire they stated they would start working on my store immediately and that it should take about 2 months to have it open and fully running. Fast forward 7 months months and it took many back & forth via emails to finally get an answer in regards to my stores status. At one point i asked my account manager, Kevin Velasquez if he can speak with Michael S***** the CEO about receiving a refund, to which he stated no to give the store time to fill out and make sales. That was the last conversation I had with Mr. V******** who disappeared after that and a new account manager named ****** **** was handed my store to manage. I also noticed Mr. V******** completely sever ties with Wealth Accelerators after our conversation which I found suspicious being that he was always so enthusiastic about working there. There were plenty of invoice discrepancies, being charged $140 monthly on invoices for $100 worth of sales which was just ridiculous. A lot of changes were made that were unannounced and sprung on us such as raising the Software & Virtual Assistant fees monthly from $100 to $140 which resulted in just more money being grabbed by this company. Fast forward again to May of this year 2023 and they had an employee start charging clients Credit Cards for gift cards and sending it to specific addresses. After this occurred I locked all of my accounts from them and filed fraudulent charges through ****** and ******** ******** At this time the account manager ****** Cafe is trying to apologize for the inconvenience, continued to talk about needing access to the account so they can proceed with running the store. At this point this $25,000 investment has not even grossed me $1000 in over a year dealing with this firm. Before I knew it by June 1st, 2023 I was introduced to another account manager named Darwen L***** who was trying to talk with me in regards to what happened with the fraud activity and moving forward with operating my ******** store. We were able to link up and speak on July 14th, 2023. I gave him all the information I had and expressed my frustration with this investment and how its been a nuisance since I committed to it. He reassured me he was going to make a difference and run my store to perfection. At this point I decided I give it another try. Before I knew it I received an email from wealth Accelerators on July 20th, 2023 where they stated this will be discontinuing/terminating their services for ******** automation effective immediately. At this point in time me and my wife stated digging and found numerous reddit groups and ********* posts/threads that accused Wealth Accelerators of wire fraud, running a Ponzi-scheme, and that they were being investigated by the FBI. An FBI complaint form was then sent to the reddit chat for everyone to submit a complaint, which we did as well as file our complaint here. We just want our money back, we were pretty much robbed at this point with how they negligently dealt with our store which they were supposed to automate and instead probably used our funds to live lavish lifestyles as they portray in their social media profiles. We have hope they will do the right thing and give us our money back. We are currently weighing our options with legal counsel if they refuse to do the right thing. This situation has been a nightmare and we would just like for it to be over.

    Customer Reviews

    10 Customer Reviews

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    How BBB Processes Complaints and Reviews

    Start a Review

    Most Recent Customer Review

    Joe L.

    1 star

    03/04/2024

    SCAM SCAM SCAM $155,000 taken from us, ********************* of Wealth Accelerators Trucking automation is a thief, lair and con-artist. They turned around and closed their doors robbing and stealing from everyone they could. If you see this con-man run......no get in your "Semi-truck that he over charged you for" and run him over until you squeeze your money out of him. On behalf of my family and myself we all hope you die a slow but very-very painful death, you are the worse human on this planet right along side with the terrorist. ************* and all you con jerks.....you'll pay one day

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