Alexy Pitt and his business Lucrazon Global is a SCAM
Follow the link and it will show how Lucrazon Global a SCAM. Do not invest your money with this company. http://behindmlm.com/companies/lucrazon-attempt-response-to-ponzi-concerns/
Alexy (Alex) Pitt has no MLM history as he’s never been a MLM owner. One of his previous companies was a major credit card processing company that served MLM companies but he, himself, was never an owner.
Alexy (Alex) Pitt is a 20 year electronic payment and merchant services industry veteran. He developed technology such as payment gateways, electronic gift card platforms and specialized reporting systems utilizing BYPASS Front End, Concord Front End and Back End, as well as FDC platforms.
Under Alexy's leadership, the company's porfolio grew to $1.8 billion, providing services to Baja Fresh, McDonalds, Burger King, MonaVie and other major corporations.
- Lucrazon Global is neither a MLM, an investment, a Ponzi scheme, or similar. It does not recruit or assign people to certain positions that are controlled by “corporate.” Lucrazon Global doesn’t restrict people from participating in other businesses and encourages individuals to promote their own business built on Lucrazon Technology.
Lucrazon, Inc. is a registered Visa and MasterCard MSP (Merchant Service Provider) and ISO (Independent Sales Organization) of Merrick Bank, South Jordan, UT, and Member of FDIC.
Lucrazon Inc. also owns several patent-pending Lucrazon Technology and is part of a highly regulated industry, paying out up to 75% revenues (not 100% or more) which is the standard payout for the Merchant Service industry. Lucrazon Global is operating on Lucrazon Technology and is held to these same standards. MLMs or related “ventures” are not regulated in this way.
- Brand Partners do not get paid for “leads” or commissions. Brand Partners collect setup fee and monthly fees if they sold a business through their OWN ecommerce business and their own Merchant Account. Brand Partners pay services fees to Lucrazon accordingly to the Brand Partner Agreement.
- Lucrazon Global doesn’t have a dollar amount assigned to the daily payout because we reserve 10% of the daily revenue. The 10% is then shared with qualified Brand Partners so that amount could be a few cents or it could be hundreds of dollars. It never exceeds the 10% of revenue earned by the company on any given day.
Lucrazon is the first fully-integrated ecommerce system with multiple patent-pending technologies containing a Website and Shopping Cart Builder, a proprietary Payment Gateway Integration, with automated Merchant Account approval process.
In addition, there are ecommerce stores with thousands of pre-populated products that are drop shipped by 3rdparties.
- Brand Partners are Ecommerce business owners that provide Merchant Services, Websites and Shopping Carts, Ecommerce Stores with Inventory and SEO Marketing. These tools are specifically designed to build a business network as well as growing a Merchant Portfolio.
- People who thought they were getting involved with a company similar to their previous ones have since learned that Lucrazon Global is NOT a “rev-share” or “investment.” Lucrazon Global does not offer to sell any securities.
- Lucrazon Global’s unique qualities can cause confusion as there’s no other company to compare it to. Lucrazon Inc’s multiple patent-pending technologies include Website and Shopping Cart Builder, Payment Gateway, Content Management System, Merchant Service Provider and Internet Payment Service Provider all rolled into one source.
- A disgruntled temporary employee had made false statements and thinly veiled threats against Alexy (Alex) when said person was already informed that Alexy (Alex) Pitt wasn’t financially responsible for his situation. This same person may have fled the jurisdiction of the state of California to avoid a Restraining Order. It can be searched under Case #30-2013 00626751, Superior Court of California, County of Orange as this matter has been handled by the District Attorney.
No merchant was “stiffed” out of $30,000 as that instance occurred 2 years after Alexy (Alex) Pitt had left the company. The merchant’s reserve account was held because of a large number of chargebacks--a routine procedure. Please see the following link, in which the merchant provides a detailed explanation as to why the accusation was retracted, apologized, and resolved.
In addition, Alexy (Alex) Pitt did not take any company into Bankruptcy. He is listed as a creditor in the Bankruptcy filing. If you are really serious about doing your research, see Case # 8:09-bk-22825-RK which was filed in the U.S. Bankruptcy Court, Central District of California, Santa Ana Division via
Alexy Pitt Reviews
Alexy Pitt and his business Lucrazon Global is a SCAM
Follow the link and it will show how Lucrazon Global a SCAM. Do not invest your money with this company. http://behindmlm.com/companies/lucrazon-attempt-response-to-ponzi-concerns/
Alexy (Alex) Pitt has no MLM history as he’s never been a MLM owner. One of his previous companies was a major credit card processing company that served MLM companies but he, himself, was never an owner.
Alexy (Alex) Pitt is a 20 year electronic payment and merchant services industry veteran. He developed technology such as payment gateways, electronic gift card platforms and specialized reporting systems utilizing BYPASS Front End, Concord Front End and Back End, as well as FDC platforms.
Under Alexy's leadership, the company's porfolio grew to $1.8 billion, providing services to Baja Fresh, McDonalds, Burger King, MonaVie and other major corporations.
- Lucrazon Global is neither a MLM, an investment, a Ponzi scheme, or similar. It does not recruit or assign people to certain positions that are controlled by “corporate.” Lucrazon Global doesn’t restrict people from participating in other businesses and encourages individuals to promote their own business built on Lucrazon Technology.
Lucrazon, Inc. is a registered Visa and MasterCard MSP (Merchant Service Provider) and ISO (Independent Sales Organization) of Merrick Bank, South Jordan, UT, and Member of FDIC.
Lucrazon Inc. also owns several patent-pending Lucrazon Technology and is part of a highly regulated industry, paying out up to 75% revenues (not 100% or more) which is the standard payout for the Merchant Service industry. Lucrazon Global is operating on Lucrazon Technology and is held to these same standards. MLMs or related “ventures” are not regulated in this way.
- Brand Partners do not get paid for “leads” or commissions. Brand Partners collect setup fee and monthly fees if they sold a business through their OWN ecommerce business and their own Merchant Account. Brand Partners pay services fees to Lucrazon accordingly to the Brand Partner Agreement.
- Lucrazon Global doesn’t have a dollar amount assigned to the daily payout because we reserve 10% of the daily revenue. The 10% is then shared with qualified Brand Partners so that amount could be a few cents or it could be hundreds of dollars. It never exceeds the 10% of revenue earned by the company on any given day.
Lucrazon is the first fully-integrated ecommerce system with multiple patent-pending technologies containing a Website and Shopping Cart Builder, a proprietary Payment Gateway Integration, with automated Merchant Account approval process.
In addition, there are ecommerce stores with thousands of pre-populated products that are drop shipped by 3rdparties.
- Brand Partners are Ecommerce business owners that provide Merchant Services, Websites and Shopping Carts, Ecommerce Stores with Inventory and SEO Marketing. These tools are specifically designed to build a business network as well as growing a Merchant Portfolio.
- People who thought they were getting involved with a company similar to their previous ones have since learned that Lucrazon Global is NOT a “rev-share” or “investment.” Lucrazon Global does not offer to sell any securities.
- Lucrazon Global’s unique qualities can cause confusion as there’s no other company to compare it to. Lucrazon Inc’s multiple patent-pending technologies include Website and Shopping Cart Builder, Payment Gateway, Content Management System, Merchant Service Provider and Internet Payment Service Provider all rolled into one source.
- A disgruntled temporary employee had made false statements and thinly veiled threats against Alexy (Alex) when said person was already informed that Alexy (Alex) Pitt wasn’t financially responsible for his situation. This same person may have fled the jurisdiction of the state of California to avoid a Restraining Order. It can be searched under Case #30-2013 00626751, Superior Court of California, County of Orange as this matter has been handled by the District Attorney.
No merchant was “stiffed” out of $30,000 as that instance occurred 2 years after Alexy (Alex) Pitt had left the company. The merchant’s reserve account was held because of a large number of chargebacks--a routine procedure. Please see the following link, in which the merchant provides a detailed explanation as to why the accusation was retracted, apologized, and resolved.
In addition, Alexy (Alex) Pitt did not take any company into Bankruptcy. He is listed as a creditor in the Bankruptcy filing. If you are really serious about doing your research, see Case # 8:09-bk-22825-RK which was filed in the U.S. Bankruptcy Court, Central District of California, Santa Ana Division via