Switch to the dark mode that's kinder on your eyes at night time.

Switch to the light mode that's kinder on your eyes at day time.

Switch to the dark mode that's kinder on your eyes at night time.

Switch to the light mode that's kinder on your eyes at day time.

in , , , , , ,

Regus/IWCPLC Incorrectly Bills Clients, Preys on Business Owners and Hides Behind Oppressively Expensive Arbitration

Regus and Attorney Josh Nicosia and IWG PLC's Shady Arbitration Clause, Billing Practices, & Agreements 55
Regus and Attorney Josh Nicosia and IWG PLC's Shady Arbitration Clause, Billing Practices, & Agreements 55

Regus has continuously been commented on to be one of the worst co-working spaces companies in the business with websites like Regus Sucks appearing in 2019, and the overwhelming amount of negative reviews that they have online regarding shady billing practices, unethical and mystifying contracts, unprofessional communication, predatory billing practices and unfair business dealings.

Now as the pandemic approaches it’s year mark and Regus has bankrupted and/or closed several of its locations, customers are flocking from them in drove and sounding the alarm on how shady they are.

Wall Street Reporter wrote on March 25, 2020, ” IWG PLC – Fraudulent billing practices at Regus Offices. Bigger Scam than WeWork?”

also mentioning their acting CEO Mark Dixon and his predatory billing practices and also stated:

“Numerous complaints about fraudulent billing practices have been emerging from Regus offices. It appears the company is desperate for cash.”

Trustpilot shows a plethora of 1 star reviews across all review platforms where clients complain about Regus and its employees being liars, shady, unprofessional, having unethical billing practices, and acting in bad faith in many other ways.

“Shady” things Regus does

  1. They have seemingly unethical and predatory “service agreements” with confusing and unscrupulous language written into it, which only benefits Regus.
  2. They misclassify tenants as “licensees,” and thus remove commercial lease protections.
  3. They force you to pay invoices, correct or not, and only then can you dispute an invoice via their internal disputes process, where they deny any valid dispute and if you file a chargeback with your bank they re-add the invoice to your account and suspend your service (though still charging you for the time they suspend your services and do not render those respective services).
  4. if you still disagree with your bill and they have denied your valid dispute, they stop responding to you and simply continue to bill you and demand you pay your incorrect invoices, even if they know the invoices are incorrect.
  5. They will cease all front desk concierge services and disparage you to your clients and inform them of your erroneous billing delinquency and demand your clients contact you directly, when they arrive to see you.
  6. They do not honor email or text communication you have with them and instead continue to incorrectly bill you and overcharge you, regardless of the communication you have
  7. Regardless of laws and mandates that stating that they are essential infrastructure and are not required to close, they close early, and offer no credit to tenants/”licensees” for the reduction in services.
  8. They charge outrageous late fees with interest for any past due invoices
  9. They invoice you an entire month in advance and require that you pay your month in advance or risk suspension of service AND they will charge late fees on the invoice not paid early

 

How is Regus Getting Away with this?

  1. Their service agreements misclassify tenants as “licensees” and thus remove commercial lease protections.
  2. Commercial leases are governed by their respective leases, which Regus and its counsel ensures only benefits Regus, with tricky wording and one sided clauses.
  3. They make their tenants/”licensee” go through arbitration, where any attorney a tenant would retain would require a $5,000-$15,000 retainer to arbitrate, which makes arbitration extremely burdensome and impossible from a stand point for most tenants.
  4. Each Regus location (leased and they sublease to clients) is seemingly under it’s own entity which compartmentalizes things
  5. The put in their agreement you must pay the bill when due,” regardless of the fact that they bill you one (1) full month in advance.

 

Conclusion

Stay away from Regus if you can. The internet is full of people stating that they have issues with Regus,  their management team, and even their legal counsel (Josh Nicosia). They seem to operate like a gangster mob that manipulates the law to their advantage, regardless of who it harms or how it looks.

They have declared bankruptcy for countless location throughout 2020 and they show no regard for their actions, beyond a disingenuous “we are sorry, please send an email” template response.

If you attempt to dispute bills, you will likely be met with hostility and outright refusal to even resolve things amicably or in an ethical way.

Attorneys themselves allow this type of predatory behavior to continue because all they care about is how much they can bill for and despite Regus’ shady tactics, attorneys typically only want to get paid.

 

 

Like the content we put out? Help support by donating below!

All donations go towards helping us keep producing content and keeping you all informed! 

 

Melanated Media

Donate

 

OR you can also donate via Cryptocurrency below

 

  • Bitcoin
  • Ethereum
  • Xrp
  • Cardano
  • Stellar
Scan to Donate Bitcoin to 32FAx8eb78M7e9XuYge7cPw8LxV1wKZURu

Donate Bitcoin to this address

Scan the QR code or copy the address below into your wallet to send some Bitcoin

Scan to Donate Ethereum to 0x6177A80824DDDfF0e85B34f2D1DEE8C33A468ecB

Donate Ethereum to this address

Scan the QR code or copy the address below into your wallet to send some Ethereum

Scan to Donate Xrp to r3eih7vRJ6paLNbF38BrSGm2ju8v6cR6Ga

Donate Xrp to this address

Scan the QR code or copy the address below into your wallet to send some Xrp

Scan to Donate Cardano to addr1qyg5w87s093ww6567c6748wfzsgw52pns2epfvmzcc76lyjx0vzy6uaryq0x640v0pltgt6lsa2n775khnfejckywqpqwqfcuc

Donate Cardano to this address

Scan the QR code or copy the address below into your wallet to send some Cardano

Scan to Donate Stellar to GDEJMVRBW4EYZUMNV4CGZO2AV3M43O4PT72MWIWRPUG63XRPR4OIX474

Donate Stellar to this address

Scan the QR code or copy the address below into your wallet to send some Stellar

 

Report

What do you think?

Comments

Leave a Reply

Loading…

0

Comments

comments

Many D.C. barbers Go mobile with Barber Backpacks to Cut Clients on the Go

Many D.C. barbers Go mobile with Barber Backpacks to Cut Clients on the Go

Joe Biden’s pick for US Treasury Janet Yellen is Considering UNREALIZED Wealth Tax and More

Joe Biden’s pick for US Treasury Janet Yellen is Considering UNREALIZED Wealth Tax and More

Back to Top

Ad Blocker Detected!

Simply disable your ad blocker or browse from an INCOGNITO window to continue reading! :-)

Refresh

Log In

Forgot password?

Don't have an account? Register

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

To use social login you have to agree with the storage and handling of your data by this website. %privacy_policy%

Add to Collection

No Collections

Here you'll find all collections you've created before.

error: Content is protected !!

Please Support Help us Continue to Provide FREE info for YOU!

Already have an account?

Send this to a friend