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Crowdfund Buzz Scam - Not So

Updated on November 22, 2015
Negative Reviews are Evil
Negative Reviews are Evil

What You Need to Know About Negative Reviews.

CrowdfundBuzz Reviews are Wrong. In fact, negative reviews found online for any business are much more likely to be fake than factual.

A few months back I totally deconstructed a crowdfunding scam website and I hope you trust me enough to believe me when I say that Crowdfund Buzz is legit.

Cruising the Internet for follow up to my last article I stumbled on something that stopped me dead in my tracks:

Beware the crowdfundbuzz scam forum posts.

I was all set to spring into action and tear into these lying, cheating thieves and as I started digging for dirt...

... I couldn't find any except for comments made by trolls and haters.

I say that because almost every single post and review was unfair, inaccurate and - here's the clincher - impossible to prove.

And, despite it all, Crowdfund Buzz president Howard Sherman slogged through all the posts from trolls and haters in attempting to have an open and honest dialog with everyone to set the record straight.

The result? Everything got worse.

One troll changed her story with almost every post. Another one mixed up Howard's reply to one person with what she thought he said to her then attacked him for things he didn't say to her - or anybody else.

All these trolls and haters were doing two things - making up things that never happened and then warping things that were actually said.

If you're a potential customer of Crowdfund Buzz you may be asking yourself "Why would customers go to so much trouble to write all these posts if they weren't true?"

Good question. Here's the answer. Most of the people who write negative posts really aren't customers; they're competitors.

Posting false negative reviews about competitors has become a known tactic that underhanded business owners are using all the time.

Here are some articles that talk about how competitors post fake bad reviews to take out competition:

http://www.yelp.com/topic/burlingame-a-business-competitor-is-writing-false-review-to-damage-my-business

https://www.cpaexam.com/false-reviews/

http://globenewswire.com/news-release/2014/08/30/662642/10096661/en/Slanderous-Competition-On-Ripoff-Report-Attacks-Consumer-Advocate-Services-Enterprises-Online-Reputation.html

Competitors are looking to take out the competition through bad reviews and/or drive more customers to their business instead.

For example, John is tired of brown-bagging his lunch and wants a little time away from the office and decides to eat out. Googling restaurants right near the office he comes across a number of 1 star reviews for Joe's Sandwich Shop. One review really got his attention - the customer who complained of getting food poisoning.

(NOTE -- none of the reviews are true, Joe is actually a kind, hardworking man on a mission to deliver fresh, delicious food in large portions at fair prices. He's going out of his mind with all those fake reviews. He suspects Sam, his competitor across the street, is behind some if not all of them but can't prove it.)

John only knows what he reads and says to himself "Wow! That guy got food poisoning eating at Joe's Sandwich Shop! I'm not eating at Joe's! I'll get my lunch at Sam's across the street."

Result?. Sam wins and Joe loses. John, the customer, loses too because Sam's menu prices are higher than Joe's and the food isn't as good and the portions are smaller.

So much for negative reviews.

Fake negative reviews are not just posted on Yelp by a competing restaurant.

Owners and managers of luxury resorts in the Caribbean do this too. ,Fake reviews on TripAdvisor are well known. Some travel sites only allow reviews by people who actually booked their trip to stay at the resort or hotel in question. That's sure to stop fake negative reviews, right?

WRONG!

While it's true a competing resort manager in the Dominican Republic can't post a drive-by negative review of his competition right down the street unless he actually books a stay, there's a completely different species of fake negative review that also happens all the time: The blackmailing customer.

The gist is that the restaurant, hotel, male strip club, veterinarian, dry cleaner, crowdfunding company, etc. better give the customer a free room upgrade to a suite, a free appetizer or glass of wine with their meal, extra starch in their collar, a free press release, etc. - OR ELSE.

Here are some examples of how customers use bad reviews as tools of blackmail against an honest business:

http://www.cnet.com/news/hotel-guests-blackmailing-staff-for-good-online-reviews/

http://www.dailymail.co.uk/travel/article-2623288/The-blackmailers-post-bad-reviews-unless-theyre-given-freebies-hotels-restaurants.html

http://www.canadianbusiness.com/blogs-and-comment/yelp-tripadvisor-review-blackmail/

Nobody is safe. And it's clear negative reviews can't be trusted.

So how do you know any review of any company is true? As usual,you have to do your homework, use your head and apply common sense.

Applying the same methodology I used in my last post where I totally tore apart a real crowdfunding scam website - I can't find anything wrong with Crowdfund Buzz.

I followed their Twitter feed for a month (https://twitter.com/icrowdfundbuzz) and saw gradual, steady growth in their followers.

I checked out their Facebook page (http://www.facebook.com/crowdfundbuzz) and it looks fine - nothing out of line at all. Average likes and shares and comments considering.

Then I checked out the CrowdfundBuzz press room - http://67824.hostednr.com/ and I saw tons and tons of press releases - thousands of them over the past 3something years.

Some are weird (Sex cups?!?! WTF?!) Others are impressive - like helping veterans - As others promote new Star Wars novels with all kinds of cool Jedi stuff. Then I saw watches and wallets and kiddie apps. All of them checked out. The links worked. The search engines picked up the press releases.

Then I cross-checked a few of their published success stories against their activity and guess what? Every one of them was true.

In other words, Crowdfund Buzz has been providing the services they've been advertising all along.

Conclusion? A Crowdfund Buzz scam doesn't exist.

Similarly, most of the negative reviews you're reading about anything are very probably undeserved, unwarranted and/or inaccurate.

Negative reviews have become the scourge of the earth and all the haters, trolls, competitors and blackmailers turned what really should've been a great thing into something totally useless.

So what do you do? Ignore negative reviews and apply the same kind of logical reasoning I just outlined to any business you're thinking of using.

If you're thinking of checking out a new restaurant and they have tons of bad Yelp reviews, drive by the restaurant during dinnertime and check out the parking lot. Are there a lot of parked cars? Is the parking lot full? The odds are, the food's probably delicious and the service quite good. If they have a bar, stop in and order a beer and take a look around. Your own eyes will tell you everything you need to know.

If your computer gets a virus and you need to bring it to a computer repair shop, do a little research. Are they in business 5 years or longer? When you walk in are there lots of customers in the store? In other words, see for yourself. If so, the store is probably going to take good care of you.

With Crowdfund Buzz I did the legwork for you; I checked, I looked and verified. Everything about them checks out.

All I can say is that anyone warning people to "beware the crowdfundbuzz scam" is either a competitor or a customer following through on their blackmail threat.

Whenever you're deciding on where to spend your money do the same kind of common sense research I did.


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