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| YMMSS/STA Complaints Discussion about YMMSS/STA (Your Money Machine Success System/Success Through Advertising) HYIP fraud. |
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#1 |
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Posts: n/a
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When I received the 1099-MIS, I honestly have no clue who it was coming from. When I learned it was STA, I was ecstatic, thinking I make $1,600. Then I think to myself, wait a minute, I never received any money from them. OK, maybe they are doing extremely well, so my $20 has doubled and doubled and doubled. I went to the website to learn more. Then I learned they were about to be closed. Hmm... not goood sign. What is going on? I found a phone # on the 1099-mis, Great! Contact, I can make contact to found out what is going on. The phone directed me to ymhelp.com. I used their contact or trouble box and have been emailing back and forth with them. It was going no where. They claim I did a survey in 7/2005, I was awarded with promo WAC in 2/2006.
What is promo WAC? I didn't realize those promo WAC are worth $1,600. I have never asked for it nor did I even know I got it. They just gave it to me and filed a 1099-M on my behave. The website and what they wanted me to do was so confusing that I have decided not to get involve and only visited their website twice in 2006. In the exchange of emails, I realize they are not going to do anthing about it, the forum was closed and I was at a lost of what to do and how to disclaim the 1099-M. I am so happy to have founded this website. It has been a tremendous eye opening experience. It is sad this happened but I am also glad that I am not the only person who has this problem. Thank you for everyone who has posted and offer suggestions and guidiance. I am following all the steps to report them to the appropriate agencies. I am also glad that I do not have to add this on to my tax return. Thank Again, Wendy |
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#2 |
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Veteran Member
Last Online:
11-12-2008 10:34 PM Join Date: Feb 2007
Posts: 80
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Hi Wendy.
There is a whole collection of documentation and info about calling the IRS about your bogus 1099 over at Matrixwatch. www.matrixwatch.com They have dedicated a whole subforum to this cause and it's easy to find if you click on "forums" and scroll down to the YMMSS/STA section. Best of luck to you. |
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