The Good Launch has been identified as a risky opportunity by Intelligence Commissioner users. It is similar to dronemall.vip. We’ve received over 7 complaints against The Good Launch.
The Good Launch is a multi-level marketing (MLM) company that sells home and car security plans but isn’t clear about how it works or who owns it. The company raises worries about transparency and regulation by using MLM veteran Mike Potillo in marketing materials without making it clear what his role is. The Good Launch doesn’t give enough information about prices, rules, and following the law because its partner ranks are hard to understand and its pay plan depends on constant sales and recruiting. This is very dangerous for possible employees and customers, so be careful because of these red flags.
Get Your Money Back From These Scammers!
Key Takeaways
Is The Good Launch Regulated? Do They Have a License?
The Good Launch is a multi-level marketing (MLM) company that has recently come under the spotlight, both for the products it sells and for how vague it is about how it runs. This article goes into detail about The Good Launch and stresses that possible employees and customers should be very careful because there are a lot of red flags when it comes to disclosure and openness.
One big problem with The Good Launch is that its main website doesn’t make it clear who owns the company or who runs it. Mike Potillo is a well-known MLM personality who has worked with companies like LiveSmart 360 and It Works! He is featured heavily in The Good Launch’s marketing materials, but the company hasn’t said what his official role is.
This lack of openness is scary, especially when you consider that the company’s marketing sends possible employees to a different website, “thegoodlaunch.com,” for more information.
The lack of regulation or the presence of poor regulation is a huge red flag. It means The Good Launch is a scam and most likely, an illegal operation.
Companies offering investment services or opportunities without having a license can vanish without leaving a trace. Furthermore, the lack of a regulatory license allows them to get away with it and face no legal consequences.
That’s why it’s vital for you to always check a company’s regulation status as well as its license information. The presence of a license allows consumers to reach out to an authority if something goes wrong.
In the case of The Good Launch, victims have nowhere to go due to the absence of a watchdog or license.
You should ask yourself the following questions when you come across a new investment firm or opportunity:
- Does the investment provider maintain transparency about its CEO?
- Do they have a license from a renowned regulatory authority?
- If the need arises, can I reach out to an authority to report this company as a scam?
Concerning Issues Present at The Good Launch
The Good Launch sells security plans for homes and cars, saying they will find policies that meet customers’ needs or not suggest any at all. Their car security plans cover up to 200,000 miles, and their home plans are split into three levels. While the company does offer these things, they don’t give enough information, like prices and the specifics of their policies, which is needed to make an informed choice.
The Good Launch’s pay plan is based on sales to both regular customers and affiliates that the company has hired. The company has six affiliate ranks, and to get to each one, you have to meet certain requirements, mostly based on how many current group sales policies you have. Personal policy commissions and residual commissions are part of the plan.
Higher ranks make more through a generational bonus system. But for these rewards to work and stay around, affiliates need to keep making sales and recruiting new people. This could be hard for them.
The main problem with The Good Launch is that its website doesn’t have enough important information. It’s not easy to find information about who runs the plans, how they work with service centers, and other important details. Not having enough information could be a sign of dishonesty, and it might also be against the FTC Act, which requires marketers to be clear and honest.
However, it’s worth noting that many scammers disable their payment channels before shutting down their operations.
They might give you multiple reasons including:
- A technical error
- A glitch in their system
- Banking issues
- A “hacking attack”
And many others.
But in 9/10 cases, the scammers stop making payments and keep the money to themselves. Hence, the payment methods we discussed here might not work.
If you want to get your money back from a scammer, you’d need to file a chargeback.
The Good Launch Customer Service: Do They Handle Complaints Well?
When it comes to scammers, you should only measure the quality of their customer service if they respond to your complaint.
In the beginning, scammers tend to remain very accessible.
This means their representatives will keep calling you until you invest with them. Furthermore, they will act friendly and make it seem as if you’re one of their most valuable consumers.
However, they do all this just to win your trust.
Scammers understand that to convince someone to give them a large sum, they will need to seem like a friend.
Nevertheless, when you have invested a considerable amount of money and need to get it back, their customer support will become inaccessible.
All of a sudden, their numbers would either stop responding or become unavailable.
Still, they might remain accessible to convince you to invest further. Also, they might begin by making a few excuses regarding your payment.
However, in the end, customer support won’t resolve your issues and become increasingly unavailable.
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The Good Launch Reviews: What Do Others Say?
It’s worth noting that many scammers tend to purchase fake reviews. Buying fake reviews has become extremely easy and it’s a multi-million dollar industry.
Scammers like The Good Launch tend to purchase fake reviews for their online profiles to make themselves seem more credible.
TIME Magazine investigated the fake review industry and estimated it to be worth more than $150 million. Certainly, there are a ton of scammers who want to seem legitimate and a bunch of fake reviews is the most effective way to do so.
That’s why you shouldn’t trust The Good Launch reviews easily.
It’s easy to identify fake reviews as well. You should look out for 5-star reviews posted by temporary accounts (profiles that only posted 1 or 2 reviews on the platform). Also, you should see if the positive reviews share any detailed information about their experience with the firm or not.
In the case of The Good Launch, chances are, you wouldn’t find many legitimate reviews.
Another prominent way scammers like The Good Launch enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.
This way, when you’ll look up “The Good Launch reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising The Good Launch.
You should always look out for consumer complaints. In the case of The Good Launch, the most common complaints I found were about:
- Poor customer support
- Delays in payments
- High fees
- Lack of transparency regarding their leadership team
- Aggressive sales staff
Do you have a similar complaint about The Good Launch? You can share your complaint in the comment section or submit an anonymous tip.
Is The Good Launch Legit Or a Scam?
The Good Launch advertises a straightforward MLM structure and financial rewards, but its operations are not clear, its products are not clearly described, and it includes people with shady MLM pasts like Mike Potillo. These factors should be carefully considered.
Affiliates and customers-to-be should do a lot of research on the company before deciding to work with it. The MLM industry is still being looked at closely for its practices, so businesses like The Good Launch need to fix these problems with their disclosure right away to keep their reputation and trustworthiness in the market.
The Good Launch is an unregulated entity. Although they might fall under the jurisdiction of a watchdog, they don’t have the license to offer financial services to consumers.
The lack of a license means they are not answerable to any regulatory authority. As a result, the people behind The Good Launch can run away with your money without any prior notice. It would help if you were extremely cautious when dealing with an unregulated service provider.
The absence of a watchdog also means you cannot report to them to anyone.
Also, due to the absence of specific regulations, there is no provision protecting you from the insolvency of this entity. If they go bankrupt, you won’t be able to do anything about it.
Can You Trust The Good Launch?
All the evidence suggests that The Good Launch is a scam. If you have lost money to them, there is still a chance you can get it back.
To recover your funds, you’d need to file a chargeback.
Frequently Asked Questions
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How The The Good Launch Online Scam Works
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