Norvergence $150 million mafia-esque scam, Ponzi scheme, run by
Salzano, convicted, fined by FCC for "Slamming" barred from telcom
operations. Detailed info included Illegal fraudulent Newark New Jersey
*UPDATE EX-employee responds ..AGREE AND HERE IS THE TRUTH ..Tom Salzano
also owns 3rd party benefits consolidator (Comprehensive Benefits).
Company
Norvergence
Address:
550 Broad Street
Newark New Jersey 07102
U.S.A.
Phone Number:
866-848-6678
Fax:
the following is an accurate re****t of what is happening to me the
re****t was issued by a Telecom Newsletter:
Norvergence a $150,000,000 Million scam:
Their Strategy:
Suggest that rates are rising and guarantee you a 20% savings on all
your telcom bills valid for five years..
Their Plan:
Review all your bills and see if you "qualify" and propose a
solution.
Their solution:
A magic Matrix box that does the savings for you.
THE CLOSE:
You lease the Matrix for 80% of your phone bill for five years. So,
if
you spend $1,000 /month then you pay 800/month for five years = $48,000
Supposedly saving 200/month or 2400 a year.
GOTCHA:
You lease the Matrix from a bank with a personal guarantee
You pay for it regardless of what happens to Norvergence.
But the market value is only 2% of what you are paying for it.
WHAT REALLY HAPPENS:
Norvergence gets the $48,000 up front from the bank when you sign.
And then they either pay directly or reimburse you for your phone
bills
The Magic box is made by Adtran NYSE:ADTN www.adtran.com
SOHO costs $300 and regular Matrix costs about $1,400.
In all but one installation that I have seen, the magic Matrix box
doesn't do anything.
I have a SOHO MATRIX here - It's an Adtran 2050, not even
programmed.
CATCH1:
YOU MUST KEEP YOUR REGULAR LINES and PAY FOR THEM because
Norvergence
is NOT a registered CLEC, they cannot handle inbound calls.
CATCH22:
Generally with their unlimited calls - they only pay the bill on one
line.
Unless you read carefully and negotiate in advance.
CATCH33:
Bills for reimbursement have to be mailed, and constantly checked up
on. Various clients have different success with their reimbursements. One
has brought the bills in person after several months of delay and still
wasn't reimbursed.
REALITY CHECK:
WHEN they discontinue business, you're still paying $20,000-60,000
for
a $300-$1,200 box that does nothing or next to nothing. With your personal
guarantee.
"IF" they stay in business AND rates remain the same or go up - You
are AHEAD.
However Rates have gone done 4-8% a year for the past 20 years, a
major flaw in their scare tactic strategy.
They cannot stay in business unless they continue to sell more
clients: A classic Ponzi scheme.
EVEN IF they stay in business AND fail to pay your telephone
providers, you are liable for the payment to the bank for the box, as well
as to your various telephone and internet providers.
OWNER****P HISTORY:
"The Chairman and CEO of NorVergence is Peter Salzano. However, he
is
just a front man for his brother Thomas N. Salzano (Tom Salzano) who is
the
true decision maker at NorVergence. Tom Salzano was the former CEO of
Minimum Rate Pricing, Inc. which was fined the highest penalty
ever by the FCC for Slamming - changing your long distance
provider without your authorization. The FCC also barred him from
ever
running a telecommunications company again. So at NorVergence, he is only
a
"consultant" and is not in any literature. He is, however, in the same
building that NorVergence resides at in Newark, New Jersey.
Go to www.fcc.gov and look up "Salzano" or "Minimum Rate
Pricing". You may also find information on USENET.
LAWSUITS:
Over a dozen I know about, only one is listed on their D&B re****t
Linked on their website.
Personal Interest:
I am an independent agent: A company like this makes all competing
phone companies look bad. Also a bit of an activist; It feels wrong that
businesses are being scammed. Companies with IT departments that know what
these boxes do, see right through their scam and show them the door. They
prey on smaller businesses who can swallow their hype. And yes I have lost
one account to them, but only on line of traffic!
Their "Proprietary" Technology
Sure the boxes are patented, but not by them, by Adtran. The MATRIX
is
an Adtran 850 RCU which is a standard T1 integrated internet access device
with channel bank and router, retailing for $2,222. I have sold programmed
and installed dozens of these. It does not sup****t voip. Voice is handled
by
standard channel option cards.
The SOHO is an Adtran 2050, retailing for $599 which is a firewall,
gateway, router, and VPN appliance - it does not access the internet or
handle any voice or voip. I have programmed and installed two of them, one
in my home office. In all the Norvergence installations I've seen the box
is
doing nothing -at all.
I have one here that I removed from a client - only one end was
plugged in!
COMPLAINTS:
There are several complaints, not resolved yet at the NJ division of
consumer affairs.
Steve
WA****NGTON, District of Columbia
U.S.A.
LOOK FOR:
Brett Bene Lives in Hawthorne New Jersey
Tom Salzano CEO Lives in BLOOMFIELD NEW JERSEY
Alex Wolf COO lives in NYC whines like a child when under duress
This list may still be valid and poses a threat to them as they absolutely
are paranoid of irate customers. Names in bold are the heavies in the CORP
NORVERGENCE COR****ATE INTERNAL GROUP MAILING LIST
Gregory.Ondey@[EMAIL PROTECTED]
chief engineer at NOC JC NJ
Robert Del.Terzo@[EMAIL PROTECTED]
engineer lackie lives in Fairview New
Jersey
Terry.Skemer@[EMAIL PROTECTED]
CEO of engineer at NOC panovia, jersey city
Robert.Collins@[EMAIL PROTECTED]
formerly of... Lives in Clifton NJ
Donna.Brown@[EMAIL PROTECTED]
office mouth on a stick
Dan.Hoselton@[EMAIL PROTECTED]
Buisness Mgr.
Oscar.Delatorre@[EMAIL PROTECTED]
office manager Lives in Teaneck New Jersey
Leslie.Fernandopulle@[EMAIL PROTECTED]
installer
Edwin .Estrada@[EMAIL PROTECTED]
installer
John.Parker@[EMAIL PROTECTED]
data engineer (alcoholic)
Edward.Cobos@[EMAIL PROTECTED]
voice engineer Meta switch
Neil.Thomas@[EMAIL PROTECTED]
IT Department
Daniel.Koto@[EMAIL PROTECTED]
dsl installer
peter.salzano@[EMAIL PROTECTED]
the bastards brother or alias
thomas.salzano@[EMAIL PROTECTED]
the bastard himself
They owe countless employees thousands for the time and expenses.
Company
Norvergence
Address:
550 Broad Street
Newark New Jersey 07102
U.S.A.
Phone Number:
866-848-6678
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