Financial Consultants
DB Wealth Enterprises LLCFind BBB Accredited Businesses in Financial Consultants.
Information and Alerts
Alert Details
This business has 1 alert.
Misuse of BBB Name and/or Logo
DB Wealth Enterprises is not a BBB Accredited Business.
BBB sent correspondence to DB Wealth Enterprises on September 13, September 30, October 31, and November 7, 2024 requesting that the business remove BBB trademarks from all advertising and marketing materials to include Instagram https://www.instagram.com/p/C-X0-ktNNj8/. To date, the business has not responded to our request.
The International Association of Better Business Bureaus, Inc. (“IABBB”) is the owner of many famous marks, including Better Business Bureau, the BBB Torch logo and BBB. These marks are federally registered in the U.S. and in other countries for business information and investigative services (U.S. Reg. Nos. 566,415, 969,847, 971,579, and 2,314,197).
A business's use of BBB trademarks without permission constitutes trademark infringement and is a violation of IABBB’s trademark rights. Moreover, this use may constitute false and deceptive advertising in violation of state or federal statutes because it falsely implies BBB endorsement or affiliation.
Important Information
Advertising Review
BBB sent correspondence to DB Wealth Enterprises on September 13, September 30, October 31, and November 7, 2024 requesting substantiation for advertised claims included in all advertising and marketing materials to include the Facebook page, https://www.facebook.com/dbwealthenterprisesllc/?_rdr, Instagram page https://www.instagram.com/dbwealthenterprisesllc/, Link Tree page https://linktr.ee/dbwealthenterprisesllc?fbclid=IwY2xjawGaIx5leHRuA2FlbQIxMAABHXOb-EUsDhLQJdUsp3aZe6Jymk_C_3Ly13H_gdKoS_ydHhpOnmfryuBuhg_aem_lz66JSP_TvmXqNEUEu96kw and website https://www.dbwealthenterprise.com/4b0ff349?fbclid=IwY2xjawGaI0NleHRuA2FlbQIxMAABHVidN_6UGXy3HlEU6KTBUzWttPn_zxP7d8YxmuukQjoduexoH7aU2tg3pg_aem_426Cl8X-uifU66SvME4JTQ.
A sample of the claims are as follows:
"Our Program has removed over 500k negative items from consumer reports."
"boost your credit score and achieve your financial goals."
"#1 Upstate Credit Repair"
The business also links to other sites (affiliate marketing) and is not disclosing that they receive financial gain for referrals.
To date, the business has not provided the requested substantiation or modified the company advertising.
According to BBB's Code of Advertising:
1. Basic Principles of the Code
1.1 The primary responsibility for truthful and non-deceptive advertising rests with the advertiser. Advertisers should be prepared to substantiate any objective claims or offers made before publication or broadcast. Upon request, they should present such substantiation promptly to the advertising medium or BBB.
1.4 Misrepresentation may result not only from direct statements, but by omitting or obscuring a material fact.
28. Objective Superlative Claims
Superlative statements in advertisements about the tangible qualities and performance values of a product or service are objective claims for which the advertiser must possess substantiation as they can be based upon accepted standards or tests. As statements of fact, such claims, like “#1 in new car sales in the city,” can be proved or disproved.
Service Area
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