Wrongful Termination

Buried in one of the postings from late last week I found this note titled "Tammy Gets Fired"

Before I post it out where all can see (the garbage being heaped upon good people by the likes of the Larry, Barry, Jason and Moe show), I would would like to give "Tammy" a piece of advice...

"Tammy" get yourself an attorney and have him draft a wrongful termination notice and an "agreement to settle" and have him send it right to Barry Beasely as the "CEO" of Javelin.

You were fired for commenting about a person that claims to have no contact with Javelin and by a company that claims to have to no dealings with him. I'm not an attorney, but I do know a couple and when I showed them your post they about popped a vein!

Here's "Tammy Gets Fired" formerly found in the "comments" and now out for the world to see...

Today, I was called in by Barry, Perry, et al and confronted about my blog: (incomplete though it is:http://screwedbylarry.blogspot.com)

I fully admitted that yes, in the spirit of venting, I had posted this blog. It was supposed to be a place for the disenchanted to gather. I didn't even make the blog public. Somehow, the link got sent around and wound up at Javelin. The Javelinettes were displeased. TRAITOR! INGRATE!

Here sat before me the same people who TOLD me to blatantly lie about (not embellish, prevaricate, or whitewash) Larry Klein's involvement with Javelin, told me to shine on the customers who got cheated, had me fielding calls from Financial Visions - another one of those not-quite-but sorta Larry Klein companies like bigproducer.com. They too were blindsided by the demise of NF and were demanding to know of Klein's whereabouts.

Here they sat - accusing me of having given memos to someone at outlarryklein, of assisting Brian Williams and his mastermind buddy to bring the paragon of virtue, Larry Klein, down. (As if he needs any of our help...)

On the judgement seat were the same people who told me not to mention to the folks in production that they were about to get the big, spiky shaft, and had us all pretending it was business as usual. These were the same folks who instructed customer service to not give ANY refunds for months in a row (it must have been Debra's idea?)

These new bosses sat there telling me how bad I was, telling me that they had all the goods on me and that I had better fess up or else Larry Klein himself would sic his gang of lawyers on me posthaste.

My first thought was "Wait a minute- I'm confused.. If Larry's not here anymore and has nothing to do with Javelin and NF doesn't exist - why is he upset?

I calmly explained, as I will here now, that I provided NONE of the content on outlarryklein and that I do not know, nor have I ever even spoken to Brian Williams. They voiced disbelief and outrage.

"What do you want me to do- take a lie detector test?" I demanded.

Perry: "It may come to that." (threat?)

Barry: "You know who Cindy Williams is- don't say you don't."

Me: (to self) "Uh.. not really. Oh, wait- isn't she that gal from LAVERNE AND SHIRLEY?"

Perry managed a few damned fine eyerolls and fairly snorted when I said (truthfully) that I didn't know who Cindy Williams was.

Was I upset about all the crap that went on at NFavelin? You bet! Was I up for a bit of mischief and mayhem for my own twisted satisfaction? Perhaps. But I was not involved in the group effort.

Honestly, I thought Barry was an OK guy. He seemed like he was really trying to make things work but was caught between a Klein and a hard place. I had even more respect for Perry and was crossing my fingers that he would tell the whole bunch of them to **** themselves. Disappointing.

Hell, there were a lot of things I liked about Larry. Such a shame that he felt he had to marginalize his ethics in order to make money. He probably could have done it just on his own merits. And while all of us have certainly made our share of bad choices and done things of which we are not proud, Larry has made a lifetime's work of it. He has used up his share of forgive and forget ten times over.

As for me, I am jobless. For putting information on the internet that I didn't put on the Internet- for orchestrating the downfall of a guru (which I did not do.) and for telling our clients the truth when they asked.

BarPerLarry have given me time to think about what I can do to help Larry catch the "principals." If I do, perhaps the hand of Larry shall not smite me.

However, I don't really know who they are. Even if I did, and he quelled them, ten more would take their places and ten more and ten more, ad infinitum.

Best of luck to all of you, may your scars heal quickly.

PS: Barry- why did I stay on? Because I wasn't as brave as those who said no and because I had a glimmer of hope that things might work this time 'round.

Larry Klein Shuts the Doors on NF Communications, Jeopardizes Credibility of the CRFA Designation -- Part II

Aside from Ray Ohlson, other Klein customers have responded angrily. And apparently, unbeknownst to Mr. Ohlson, Klein did notify some of his customers. Normally forums and blogs are not the most reliable source, but after dozens upon dozens of entries pop up overnight by disgruntled acquaintances and employees, we think they are worth mentioning.
First, here’s a forum entry posted on Registered Rep.com, December 21, 2006, topic “NF Communications”:
“Has anyone else bought one of their marketing/seminar systems? I fell into the trap because of the 90 day "guarantee".
I just received an email from Larry Klein, president of NFCom, saying they've closed their doors and fired everyone. He says there's no one to talk to about refunds or guarantees. Luckily, we've stopped payment on our credit card and put the payment into dispute.
Has anyone else gotten duped by these clowns?
PS- I think I remember seeing posts from Larry Klein on this forum in the past. I hope he shows his face here again...”
Former NF Communications employees have certainly been the most vociferous of everyone upset by Klein. Here is just one from http://outlarryklein.blogspot.com:
“Shame on you Larry! You are not a man but a sad cartoon of an unconsciously incompetent huckster trying to screw people. How can you guide the people who work for you now further into your deep pit of deception? Now you have crossed the line with outright fraud to keep a failed business alive by:
- Debiting advisor credit cards fraudently with bogus leads that you're selling for $18.
- Telling existing employees that you are not collecting a salary (implying no income)when mysteriously you are cashing NFCom checks after it's supposed demise to clear your personal debts.
- Ditching and dodging NFCom creditors selectively to use NFCom assets to set-up Javelin.
You don't need a law degree to figure out you're really screwing real people with businesses of their own with those practices and putting your existing Javelin employees in jeopardy as being accessories to committing fraud in front of the IRS, SEC and the State of California.
The NASD was set-up exactly for the purposes of identifying and ousting guys like you. You are sliding down a slippery slope to extinction!"
Insurance professionals associated with Klein’s materials should be wary. In the insurance business, reputation is everything. And right now, the insurance industry is struggling with its reputation.
Day by day, more and more articles on the topic of fraudulent investment schemes by so-called advisors preying on the ignorance of seniors are cropping up. More and more, the NASD and SEC are putting these schemers out of business.
Once a prominent name, Klein has become a “Where’s Waldo” candidate, having vanished off the map as of December 15, 2006. Once connected with some of the biggest companies and top personnel in our industry, he is now a ghost advisor, leaving a trail of broken promises from today all the way back to the doors of his closed business.
Klein’s designation, the CRFA, has also come under fire. With his recent disappearing act, what will come of the credibility of the CRFA?
According to a Wall Street Journal article dated September 24, 2006, Beware the Huckster in Adviser’s Clothing, “There has been an increase in the number of organizations that offer designations such as Certified Wealth Preservation Planner or Certified Retirement Financial Advisor™. Regulators say that while such titles might sound impressive, investors should question how much of the associated training is focused on sales tactics instead of education.”

Larry Klein Shuts the Doors on NF Communications, Jeopardizes Credibility of the CRFA Designation

as reported by:
http://insurancenewsnet.com/article.asp?a=top_news&id=73783

by Rob Billingham
rob@insurancenewsnet.com

One of Larry Klein’s books is entitled 400 Greatest Financial Jokes, and it appears that his reputation might become joke number 401.

On December 15, 2006, Klein shut the doors on NF Communications, a company that packaged “top marketing systems of producers” and provided them to agents and brokers. Klein ended operations without warning and without notifying some of his customers.

Klein, now former president of NF Communications, is well-known in the industry for his senior marketing system. His books such as Marketing Financial Services to Seniors and How to Become a Million Dollar Producer: A Change in Your Paradigm have gained national attention and popularity.

Nobody knows exactly why he closed down, but he certainly left his customers, employees and acquaintances stranded. It is possible that the closing may be linked to Klein’s connection to the current proliferation of circumspect senior designations. Or even worse, fraudulence.

Klein founded the Certified Retirement Financial Advisor (CRFA) designation, which joins a group of senior-focused certifications strongly criticized by The American College, the media and others.

In response to the news, one of Klein’s customers, Ray Ohlson, president of the Ohlson Group said, “I’ve known Larry a long time. We’ve been good business acquaintances. We’ve promoted his marketing seminar to our producers. I am surprised that he closed his doors and I am disappointed that an e-mail did not go out to his customers. The day before I found out that NF Communications shut down, I was still promoting his marketing seminar to my producers. Now we are left in an awkward situation.”

Clicking on any link to NF Communications, or any of Klein’s book titles, will lead you to a page that reads:

NF Communications has ceased operations.

There are no longer employees or managers as the company has dissolved.
There is no way to contact anyone from NF Communications, as all personnel have been terminated.
We are sorry for the inconvenience this causes and regret that the organization can no longer serve you.

If you have interest in programs and tools that help financial advisors grow their business, please click here.

When users click on the link, they are directed to “Javelin Marketing,” a suspicious company that showcases ads for marketing systems similar to those promoted by NF Communications. It appears that as one business dissolved, the other is trying to pick up the pieces.

Neither Klein, nor anybody else at NF Communications or Javelin Marketing, was available by phone on repeated attempts. Callers are told that “email correspondence is preferred.”

For those of you not familiar with Klein, here’s how he positioned himself to our industry:

Mr. Klein claims to have assisted, "...10,000 financial professionals to increase their clients and income. He offers his marketing programs, tested in his own practice, and practices of top producers to financial advisors throughout the United States." Mr. Klein started his career as a CPA with a "big eight" accounting firm and moved into advising retail clients as a Vice President of Investments at Great Western Financial Securities and then as a First Vice-President and branch manager with Prudential Securities (where he was in the top 5% of producers, nationally).

Mr. Klein claims to be a CPA/PFS, a Certified Senior Advisor (one of 8,000 in the US), and holds an MBA from Harvard Business School as do his "alter egos, Bob Roberts and Bob Callis".

Larry has been an invited speaker at leading venues such as the Charles Schwab Advisor Conference, the NAIFA Financial Advisors Forum and the Million Dollar Round Table.

Klein claims to have been interviewed on CNNfn and in industry publications including On Wall Street, Registered Representative Magazine, The Agents Sales Journal, Research Magazine, and Financial Advisor Pro and writes columns for Financial Services Journal Online, Horsesmouth, and on Wall Street Online. In these industry publications, he counsels financial services professionals how to use smart and efficient seminars, direct mail and direct response marketing to obtain substantial increases in their income.

Thank you Internet Archive For Exposing More of Larry Klein's "Javelin Gambit"

Check Out These Two Pages


The first page is NF Communications' lead page from April of 2006 as provided by the Internet Archive Wayback Machine (thank you Alexa)!
The second is a screen shot taken just just minutes ago as it appears RIGHT NOW. Clearly showing that all Larry, Barry and Jason managed to do was change a logo, the phone number from the "dissolved" NF Communications to Javelin's and update the links.
All of the testimonials are bogus. As they also are on the new Javelin site.
Let's talk "truth in advertising". Clearly, Larry and the Javelin staff are perpetrating fraud by using "testimonials" from a "dissolved" company for a product that that Javelin has never delivered.

Shame on you Larry Klein!

Note from Outlarryklein:

This post was so good I felt compelled to bring it right out for all to see, instead of buried beneath other comments that voice this opinion a little less eloquently!

Good on ya, Anonymous!

"Shame on you Larry!

You are not a man but a sad cartoon of an unconsciously incompetent huckster trying to screw people.

How can you guide the people who work for you now further into your deep pit of deception?

Now you have crossed the line with outright fraud to keep a failed business alive by:

- debiting advisor credit cards fraudently with bogus leads that you're selling for $18.

- telling existing employees that you are not collecting a salary
(implying no income)when mysteriously you are cashing NFCom checks after it's supposive demise to clear your personal debts. Gee,
I'll bet you backdated enough checks to cover any cash in the Wells Fargo Walnut Creek account.

- ditching and dodging NFCom creditors selectively to use NFCom assets to set-up Javelin.

You don't need a law degree to figure out you're really screwing real people with businesses of their own with those practices and putting your existing Javelin employees in jeopardy as being accesories to committing fraud in front of the IRS, SEC and State of California.

The NASD was set-up exactly for the purposes of identifying and outing guys like you. You are sliding down a slippery slope to extinction!"

For the last time... NF Communications has NOTHING to do with...

Javelin Marketing!

Larry in a recent Javelin staff meeting:

"Alright you idiots, listen up... You see, when we 'dissolve' NF Communications and go public with the 'Larry Klein has vanished gambit' someone might notice...

"I'm not sure, who could be so brilliant to figure this out, but in the very unlikely scenario where we run into another Harvard MBA like me, we must be prepared...

"It could be a vendor... or a system buyer that wants a refund. So, what we are going to do is put up a 'closed' sign... wait... we won't close... we'll 'dissolve'... YES! If we dissolve they will never see us coming and then we'll send them right back to us... only it won't be a real "us us', it will be a 'Javelin us us'.

"I know I'm talking over your heads here, so I wrote this up for you to follow.

"Joe, I want you to read it word for word... because if anybody screw this up it's YOU!

"Everyone read with me..."

GROUP READING ALOUD TOGETHER

"NF Communications was dissolved. That company no longer exists.

"But didn’t you work there?

"Yes, I did. I was terminated and lucky that Javelin Marketing, a new company, offered me a position.

"Well who is there that can help me with (something from NF).

"NF Communications was dissolved. That company no longer exists. There are no employees or managers—that firm ceased all operations.

"Well who is this new Javelin Marketing?

"It’s a company that hired some of us and continues to provide services similar to what NF Communications provided. But it is not related to NF Communications and the owners are different.

"But who can I talk to about my booklets that I paid for?

"NF Communications was DISSOLVED. That company no longer exists. There are no employees or managers—that firm ceased all operations. There is no one to talk to. There is nothing that you can do and nothing that I can tell you to do."

"If they are insistent and just don’t get it, transfer them to extension 218.

"Tell them: I am going to transfer you to a recorded phone message that the managers left before they were terminated.

"That's all... now i'm going to go hide behind this plant!"

Larry's Next "Ultimate Bootcamp"

Attend Larry Klein's NEXT Bootcamp...

NF Communication is NOT Javelin

Breakout session: "The Con 101"

Breakout session: "The NF Communication/Javelin Marketing Shell Game"