An Internet shopping scheme promises to save consumers money but is not delivering on that promise, reported NewsChannel5's Adam Shapiro.

Grocerybiz.com is an Alabama-based company that promises to save you hundreds of dollars when you shop at your local supermarket.

The customer pays Grocerybiz.com $199 up front and then is expected to recruit others to join. The customer makes money off the purchases made by these recruited members.

Then, the customer is supposed to receive a "savings" card.

Hundreds of complaints have been filed with the Better Business Bureau because customers who paid for the cards never received them, and they never got the commission they were promised either.

Vic Wlaszyn, president of Akron Better Business Bureau, said Grocerybiz.com is nothing more than a pyramid scheme.

"Pyramid schemes are involved when you have individuals buying, and then they promote other people to buy more, more, more. And then you get a residual fee, like a commission coming back to you," said Wlaszyn.

Grocerybiz.com president Thomas King said he is out of the business.

"It's been restructured, and we are trying to pay back customers who didn't receive their cards," said King.

More than 400 refunds are due to consumers around the country.