The scam is almost completely dead in Canada now. Carmen Bergeron still sells this somewhere near Sudbury, and Gazel Jibb sells it from her location near Lake Scugog, a little more than an hour northeast of Toronto. Both are with The Pill Method, who are a collection of completely clueless agents. It's mind-numbing how ignorant they are of basic finance.

I've heard nothing from Ken McAllister in months. He left the Pill Method group. I saw him listed as a Market America agent a while ago, and his LinkedIn profile lists him as a "Mortgage Acceleration Specialist" for his old downline Ken Haslam's Dominion Lending Centres "Haslam Mortgage Team", so he's either keeping an otherwise low profile and selling by word-of-mouth (he loves to show off how pious he is and appeal to Christians), or his LinkedIn is old and he is out of it by now, and possibly back to being a finance manager at a car dealership, asking people why they don't want fabric protection.

I have a google alert set up for Money Merge Account. This video popped up yesterday www.youtube.com/watch?v=61sVFWupSe0

I commented, negatively, of course, and today saw it was gone. Back up now with no comment and no voting allowed. Sickening this is still out there, these guys belong in jail, or at least put out of the scam business.

Edit - as I listen and view his slides, his audience is fellow scammers, not end customers. So we get to hear his advice on how to dismiss the negative remarks on the internet. How we don't really understand MMA. Those who know me know I do my best to avoid the ad hominem attacks, but, gee, what a loser.

http://forums.redflagdeals.com/united-first-financial-scam-warning-568891/66/

From the Red Flag Deals forum and user "cadewesley"...pyramid scheme-related charges were laid earlier this year in Steinbach, Manitoba - home to our Ken McAllister:

http://www.winnipegfreepress.com/local/manitobans-in-pyramid-scheme-rcmp-113572809.html

From the article:

Michael Rozak, 57, Kimberley Heier, 50, Lisa Behrendt, 48, Annie Petkau, 38, Katharine Reimer, 52, Melinda Scheper, 45 and David Kauenhowen, 59, were all charged with illegal lottery scheme under the Criminal Code.

Kimberley Heier, UFirst agent #931161, Steinbach, MB
Branch Manager: Ken Haslam

Reim'er Reason (Katharine Reimer), UFirst agent #946592, Steinbach, MB
Branch Manager: Ken McAllister

Ken McAllister and Ken Haslam have, in their downlines, people who have been charged with "illegal lottery scheme", relating to a pyramid scheme other than UFirst. It should be noted that Ken Haslam was recruited by Ken McAllister, so both women charged are technically in Ken McAllister's downline.

Interesting, eh?

To update this thread, UFirst is all but dead in the water. They've given up their MLM pyramid, and are selling the Money Merge Account (now called "Money Merge Live") through a separate MLM called "Market America". It's basically an Amway clone, as if cloning Amway is a good idea.

There are still a few stragglers selling the MMA (MML) using a presentation called "The P.I.L.L. Method". Interestingly, a few of them are Canadian, including our old friend Ken McAllister, who took a beating over many pages here.

The Canadian agents still selling this include Ken Haslam, and Jenn Haslam. Both Ken McAllister and the Haslams are from Steinbach, Manitoba. Carmen Bergeron is still trying to sell out of Sudbury. Blaine Mitton is posing with his dog in an attempt to sell in Mississauga.

Only Ken McAllister is still getting any sales - 3 in the past two months. So, if you're in the Winnipeg area, and someone asks you about this product or the PILL Method, or Money Merge Live, send them to this thread.

"a 6% mortgage is a 115% mortgage"

Nonsense, you know as well as I do that a 6% mortgage is really 474%, as 1.06^30 is 5.74.

On the other hand they miss the "fact" that the $3500 invested in MMA will cost a newborn $1,289,480 which is the return after 62 years at 10%. Agents can make absurd extrapolations, so can I. Truth is, since a 529 account has no mandatory withdrawal, that money just keeps compounding, nearly a half billion $ another 60 years after. Free college for my descendants for the rest of time with just that $3500 I saved from this scam.

It should be noted that version 5 of the Money Merge Account is now called "Money Merge Live". Agents are still making the same ridiculous claims such as "a 6% mortgage is a 115% mortgage; whereas using MMA, a 6% mortgage turns out to be 2 or 3%!"

United First Financial agents continue to be the dumbest group of salespeople on the face of the Earth. The great thing is, they are becoming much more rare.

your (and cade's) problem is that even if Ken wanted to get a refund for Cade, you can't get water from an empty cup. UFF is running on fumes and will protect every penny they have on hand.

I've requested that Ken McAllister help arrange a refund for Cade on the RFD forums, and now I've sent a personal message to Ken, asking for the same. Let's see if Ken has any redeeming qualities at all or if he is simply a scammer.

C'mon, Ken. You actually have some pull at UFirst by virtue of your sales. Get this refund in the works and show us you actually give a damn about people.

User "cadewesley" posted a client review of the Money Merge Account on another website, and it echos what everyone but the UFirst agents have been saying:

*****
How did I know it was a scam?

When the calculator told me to make bad decisions – or ludicrous decisions. When the calculator told me to put more debt on a line of credit and now I have yet another payment I struggle to make. When I stupidly realized I could have used that money to pay down my debt. When I stupidly realized I was another few thousand in debt. When I realized most of the money I paid when to commission. My struggle became someone else’s paycheque. If you are considering purchasing this and found this thread say no. No I wont contact anyone hear for help. I have made my mistake.

Please stop this scam. Its people in trouble looking for help that are getting scammed. I tried to get my money back and couldn’t. The guarantee is a scam. Its people who don’t know any better and think that this calculator somehow invents the banks money to pay off debt. How can you take all that commission knowing the people you are tyring to help are loosing more money and you are getting there money? If you believe the calculator why not get a job and help people get it for a reasonable price and give them the commission back?

please stop arguing and arguing and arguins and realize people are getting hurt.

*****

http://forums.redflagdeals.com/united-first-financial-scam-warning-568891/60/#post11557345

Ken, sorry, your light bulb is still burnt out. You can figure out of the system is optimal (for this approach) or not by answering one simple question....does the HELOC balance get to exactly zero each and every month? No? Then it isn't optimal. Now I know it isn't optimal because I've seen the actual software in action. Sure it gives you a number to the penny, but so what? Doesn't mean it's optimal. You believe it's optimal, but it just means that it is giving you a meaningless number .... to the penny.

Think of it this way..... a $500 loan at 7% APR is the same as two $250 loans at 7% APR put together just like it's the same as one $400 loan at 7% together with a $100 loan at 7%. Same amount of interest paid, same total payment, etc. So, say your HELOC has a minimum balance during the month of $1000, maxing out at $5000 during the month. You can treat that loan as one $1000 loan and one loan ranging from $0 to $4000. Now, that $1000 loan has the same balance over the course of the month, and if your HELOC rate is more than your mortgage rate, then you would have saved $1000*(HELOC rate - mortgage rate) in interest if you transferred $1000 less.

Will you understand that? Don't know....but it's true. Play around with some numbers if you don't believe me. Your MMA software isn't calculating crap in terms of optimal interest cancellation. And you telling your customers that it is doing so is absolutely 100% false advertising.

Whether you mean well or not, you're a crook. You might not like that, but you are absolutely misrepresenting what the crapware does. You were lied to as well, but ultimately, you are responsible for what comes out of your mouth. My advice to every MMA agent (or any salesman of any product) is to stop and understand what it is you are selling.