Narc That Car’s ‘F’ Rating Remains Intact As BBB Closes Inquiry; Firm ‘Failed To Provide Specific Information’ To Allay Pyramid Concerns
Narc That Car, also known as Crowd Sourcing International, did not provide the Better Business Bureau “specific information which would eliminate the BBB’s suspicion of the existence of a pyramid promotional scheme,” the BBB reports on its website.
The BBB has closed its inquiry into Narc, leaving the company’s “F” rating intact and saying Narc also “admitted that they could not substantiate the claim that any major motor manufacturer was a client of Narc Technologies.”
An “F” is the lowest rating on the BBB’s 14-point scale.
Claims appeared online that Narc was working with Ford Motor Co., Nissan Motor Co. and Toyota Motor Co. Narc blamed the claims on affiliates who violated its advertising policies, saying it had a process to weed out false claims, the BBB said.
Although Narc claimed to have hundreds of clients for its database product, the company had not substantiated the claim as of May 25, the BBB said.
Narc, whose Crowd Sourcing International identity often is referred to by the acronym CSI, had been the subject of a BBB inquiry since January. The company purports to be in the business of paying people to record the license-plate numbers of cars for entry in a database used by companies that repossess vehicles.
For its part, Narc says on its website that it is getting a bum deal from the BBB.
“America was founded to create new opportunity,” the company said. “Our government created the Small Business Administration (SBA) to help new businesses. Over 2,000,000 people lost their jobs in 2009. New businesses create jobs. New businesses accounted for 70% of job creation over the last 10 years, stated by President Obama on March 17, 2009. Yet, the BBB penalizes new businesses.”
Read the BBB report on Narc (Crowd Sourcing International) as of May 28, 2010.
Another Narc-ed update from a ponzi/pyramid supporter:
Why did the BBB give CSI an F?
I don’t know if it’s the same as what is spewed on their web site, I haven’t checked.
Just an observation. Interesting that when “promoting” Narc, no-one has a problem bragging about the parties who are customers of Narc; but when it comes to providing this information to the BBB, amazingly they claim privacy issues are required. I guess they haven’t discovered how you can dedact information of a privileged nature, without harming the information needed by the BBB.
Give this one another 2 months at most before it crashes and burns, or the feds/state move first.
[off topic] Patrick, you might like to make a story about this:
http://www.baynews9.com/content/9/2010/5/28/623995.html?title=Man%20accused%20in%206-continent,%20$70M%20Ponzi%20scheme
Thanks, Tony:
I got a couple of notes about this from readers. Could not get to the story right away because I was the assistant grill chef at a family function yesterday afternoon and into the evening.
Here is the P2P story I just posted:
https://patrickpretty.com/2010/05/29/nicholas-a-smirnow-pathway-to-prosperity-p2p-operator-a-convicted-burglar-robber-and-drug-dealer-who-fleeced-at-least-40000-people-in-international-ponzi-scheme/
Patrick