RE: Predatory, illegal, deceptive advertising and practices Also, it's an internet and mail scam!
Doug Huggins 6 different companies are under investigation by the State of Georgia.
I signed up for coaching/training to obtain leads/prospects in September. This company took out the first payment on 9/21/06. I have paid $1499.95/month for the last 6 months - over $9,000 another $2,000 in airfare, hotel, supplies, etc. They said I needed and had to get. During these past 6 months, I have discovered this company is scamming loan officers. They have not followed thru with what they said they would do for us. They are working thru the US mail, on line, as well as holding seminars all over the US. They hold large (150 people or so) seminars several times a month all over the US. During these seminars they GUARANTEE us we will make $100,000 more in a year. They guarantee us $100,000, and if it doesn't they will return all our monthly fees $5,000. But, I figure if I haven't gotten even 1 loan in 6 months, it's not going to work.
During these seminars 80-90 people are signing up at each seminar. We were told that this was an established company in business for years. However, if you look at item #12, it shows the first post on the blog was on October 14th. This evidently was a company in the making when we signed up. Also, all of their website information is dated 2006 see sites:
http://100kextrememakeover.com/main.htm and www.wealthguaranteed.com
While I have belonged to this group for 6 months, I have not gotten one loan using the techniques they have said they would provide, and I have followed their program to the T! None of the others that I have contacted have gotten any loans either. Their scam has cost all of us thousands of dollars. I have been able to get the names and address of at least 24-25 other people that they have been scammed also. I have a list of other people that had signed up for their program and have quit for all of the reasons listed here.
Even after we cancel, they still take the money or attempt to take the money out of our accounts. This has happened to several of the people who signed up for this program.
This group stated that we would get professionally looking advertising items and all we had to do was use the items. However, many of the items had typos and misspellings in them so when we did use the info, it had to be proofed and retyped or redone by us. When they did send us packets of info, many of the items were missing. Numerous emails to them noted that I had not gotten items I was supposed to. When we sent them items, they repeated lost the items, i.E., biographies photos.
We were told we could choose the date that our payments would come out of our account but we were never allow to do this. The payment came out any day they chose to take it out which made it very difficult for us to budget our money. They billed me on January 31 and on February 26th, and today (only 2 weeks since the last billing), they tried billing me again!
Million Dollar Trainings were to occur at least monthly. But, they occurred for the first 5 weeks only.
The FSBO hot sheet was signed and sent to them on Day 25 (in Oct.), and I was to start getting the lists right away. I did not get any lists until Feb. 20. Day 23 lists the Central Demographics worksheet and the Market Niche Worksheet they never did anything with these!
Syllabus: We received a syllabus during the first week. It showed exactly what we would be covering and getting each month. We were told during the seminar that we would be hand fed with what we needed to do every day, and all we had to do was follow the easy daily instructions we were to have a list of daily items that we had to do each day. I received the first 30 days of material right after I signed up the end of September.
I never received anything for October or November, and December's assignments came on December 23rd, so I was without the daily assignments for almost 3 months. When the packet finally came on December 23rd, it had us doing the same assignments that we had already done in the original 30-day packet, and the rest of the items for the next 60 days was Doug Huggins For-Sale-By-Owner's program which we could buy online for $500 not having to pay the $1,500/month.
Months 4,5, 6, and 7 had items listed on the syllabus, but I never got 90% of the items listed even though I had paid for 6 months.
We were supposed to advertise that we had co-author this with him (which was a lie). We were told to tell prospects that we had mailed this to them and in reality we had NOT (which was another lie). A lot of us could not even use the book because it had specific items we were to do that are illegal to do, i.E., refer clients to credit repair agency (which by the way, we were to setup our own credit repair company).
We were to get these monthly as you can tell, we didn't get anything for September, October, or November.
Millionaire Originator's website information in which it guarantees us $100,000, and if it doesn't they will return all our monthly fees $5,000. It's guaranteed! Check these out: http://100kextrememakeover.com/main.htm and www.wealthguaranteed.com
In addition to the above items, here are several other items in the complaint:
Leads would start coming in on weeks 4 and 5 they never came in, and
We would get wholesale contacts for printing and merchandise these contacts charged more than wholesale; and it appears on the signs that Doug Huggins was probably even getting a kickback on the sales.
I repeatedly sent emails to these people about my concerns one of the final lengthy complaints was sent on 2/15/07. It was responded to: I was told that if I didn't have any leads, I was to go to Albertsons or Wal-Mart to get some! And, I paid $10,000 to hear this!
Doug Huggins appears to be the primary owner. He has 3 others that travel and present during the seminars: Joel Bauer, Jimmy Vee, and Travis Miller. This company is operating out of this address: 1900 The Exchange, Suite 435, Atlanta, GA 30339; phone: (866) 959-3696. It operates under at least 5 different names (see enclosed item #2) none of these are mortgage companies. These names include:
1. Doug Huggins Huge Profit Systems
2. Millionaire Originator Inner Circle
3. Home Ownership Center
4. Mortgage Solutions
5. Credit Solutions Risk Management
6. Trusted Advisor Training
These people need to be investigated and shut down ASAP. Too many people are getting lied to and scammed out of thousands of dollars. Many of us used our savings (I did this) and the last money we had to join this group that guaranteed us leads in the 3rd week of the program that would result into loans.
Cj
Milwaukie, Oregon
U.S.A.
0 comments