Debt Relief Industry Sued or Sanctioned

Tax Defense Network Former VP – Mugshot

A tipster (send in your tips here) is checking in today with an update regarding the Tax Defense Network that I previously wrote about in Tax Defense Network and Interesting Past Worth Knowing.

According to news reports, Dwayne Harmon, 42, former Vice President of Marketing for Jacksonville-based Tax Defense Network, was charged with four felonies: organized fraud of $50,000 or more, initiating theft and trafficking in stolen property, offense against intellectual property and a charge relating to an alleged violation of the Florida Money Laundering Act.

Allegedly Harmon stole data from the company where he was a vice president and was reselling it through his own website, bilking the company where he worked and his side customers out of a combined $1.7 million.

During that time, Harmon, who was responsible for purchasing sales leads for Tax Defense Network and entering them into the company’s database, allegedly diverted a number of them, valued at hundreds of thousands of dollars, to his own e-mail addresses.

Harmon then allegedly resold the harvested leads through a website representing Buzz Pulse Media Inc., a company he incorporated Dec. 1, 2008. According to Internet domain registrar Network Solutions LLC, the buzzpulsemedia.com site was registered with the Tax Defense Network as registrant. The website was still active as of Friday. – Source


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About the author

Steve Rhode

Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

8 Comments

  • @e3740e07906ebc333e9722501a44dcb3:disqus Eventually competition would force them to.  If cost per acquisition was considerably lower companies would be able to and very much willing to offer a lower fee to compete.

  • Angelo,

    Do you really think these thieves would lower fees to clients if the lead cost were

     cheaper?  Nope!

  • Follow that bounding ball and you’ll see the consumer is the one who pays in the end.  As a result of this mans greed the companies buying those leads will experience lower conversions on those leads and will have to put more money into buying more leads.  With such a high cost per acquisition the cost is passed onto the consumer in the form of higher fees. If marketing costs were lower, that savings can be passed onto the consumer.  In addition, the consumer is now getting flooded with calls from multiple companies causing more confusion as each provider is most likely pushing a different product.

  • Follow that bounding ball and you’ll see the consumer is the one who pays in the end.  As a result of this mans greed the companies buying those leads will experience lower conversions on those leads and will have to put more money into buying more leads.  With such a high cost per acquisition the cost is passed onto the consumer in the form of higher fees. If marketing costs were lower, that savings can be passed onto the consumer.  In addition, the consumer is now getting flooded with calls from multiple companies causing more confusion as each provider is most likely pushing a different product.

    • Angelo,

      Do you really think these thieves would lower fees to clients if the lead cost were

       cheaper?  Nope!

      • @e3740e07906ebc333e9722501a44dcb3:disqus Eventually competition would force them to.  If cost per acquisition was considerably lower companies would be able to and very much willing to offer a lower fee to compete.

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