My husband and I attended a live seminar here in our hometown. This seminar was a bait and switch type of ordeal. We paid for the additional 3 day seminar that they talk you into attending so that you can get a better understanding of how the program works. We went to this 3 day seminar and it was like everyone has mentioned. The speakers all spent time talking about their families and showing pictures of their families. One man claimed he was so rich doing this that he only worked maybe 10 hours a week. He seemed really arrogant and like he was flaunting that he was rich constantly in people’s faces. I am now assuming that this was all just part of the scam. I too felt like we weren’t getting much information on how this whole thing worked since most of the people spent their time talking about their families. They did the whole tactic with investing in further training or you don’t want it bad enough thing with us as well. They told us to apply for four to five credit cards so that we could pay for this when we told them that we didn’t have $10,000, even on our current credit cards, to be able to pay for this additional training. They used the tactic that we could make all of this money back and probably then some on our very first deal. With that, we purchased the additional training where they were going to hold a Live Summit in Las Vegas. This was to be additional training along with an option to possibly choose to purchase one of the houses that they currently had purchased in bulk and received an awesome price on. They said we could purchases these houses with renters already in them for immediate cash flow for as little as $3000 to $4000 at this Live Summit. Two days before the Live Summit we received a phone call from a man with Insider’s Edge who was wanting to make sure that we were all set up and ready to go. While on the phone we did start discussing how this Live Summit was going to work and stuff. He wanted us to think about also purchasing to have a mentor for a full year. We told him that we could do that because we only had $3000 left on one of our new credit cards that we were going to use to purchase one of the houses while at the Live Summit. The guy was like what? You can’t purchase one of the houses out there for only $3000. I was immediately frustrated! I was like well we were told that we could purchase houses that they had already bought in bulk for $3000 or $4000 depending on the one you chose. He said no, those houses start at around $40,000 to $50,000. He had us hold on for a minute while he talked to someone else and then he asked if he could call us back. So we waited for him to call us back while we were discussing our frustration as the Live Summit was two days away and we had already requested the time off work and everything for this. When he called back he said that what they were gonna do to try to fix this was to let us go ahead and attend the Live Summit for free and maybe we could pick up some good information while we were there, but not to worry about not purchasing one of the properties. Then he said that they were going to redirect the money that we paid towards this Live Summit as well as the additional $3000 we were going to spend on purchasing one of their houses and now apply it towards having a mentor for a full year which is what they said it seems like what we need since we don’t have any money to invest in one of the properties and that the mentor would help us close our first deal within the first 90 days. We agreed to do this so that we could have the mentor there to walk us through this step-by-step for a full year until we have this whole process down really well.
Well we ending up going to the Live Summit and the people there just wouldn’t leave us alone about purchasing one of those houses. We told them that we were told to not purchase one and to just wait for our mentoring which would begin when we returned home from the Live Summit. Finally they left us alone, but we didn’t really receive any additional information from this Live Summit than we had during the other 3 day seminar we had in our hometown. We were still pretty excited though about getting this mentor and getting going with learning all of this stuff so that we could start making some money. We received a mentor for once a week for 3 months. He would call us once a week for 3 months and the phone calls were somewhere between 15 minutes to 30 minutes and a couple were maybe a full hour. Every week we had an assignment to complete on this online training website they set us up with and this so-called mentor who would call us would basically just ask us if we watch the 45 minute videos that we were supposed to watch for that week and how everything was going and then he would assign us a few more 45 minute videos to watch before our next weekly phone appointment. Finally after 3 months he said, well this is going to be my last call. My husband and I just looked at each other kind of dumb founded because we knew we were told a year. When we hung up the phone we were so angry for being deceived and this guy did NOT help us close our first deal…not even close! We wrote him and email requested to be refunded all of our money since we were not receiving things we were promised.
A few days later we received a phone call from one of their Quality Assurance people who when I requested a refund and kept trying to tell him that that is all I wanted, he replied with “That’s not gonna happen”. Everytime I would try to speak he would overtalk me. I just figured whatever then and that I would just dispute the charges on my credit cards. So far one of my credit card companies has told me that they have finished investigating the dispute and that they are reapplying the charges to my credit card because I signed the agreement and in small print it says that you have 3 days to cancel. I’m sitting here thinking that I didn’t want to cancel 3 days into it, but then again I didn’t know that I was being deceived yet either. I didn’t know they weren’t going to fulfill their end of the bargain. How can I prove they didn’t fulfill it when most of the things they told me were verbal, they weren’t written on the contract I signed. I am so frustrated right now. All the tactics that they teach, well we were told that some were illegal and other tactics that the banks out here would just throw out any offers we put on any properties if we used the tactics that these guys teach. So now we are further in debt then we were when we started and which was the whole initial reason for our wanting to try this realestate business out. I don’t know what to do. I am so scared now that we won’t be able to keep up on these additional credit card payments and that we could potentially end up loosing our home all because we fell for these people’s lines of crap and lies! Please, please I would so much like to join in on this class action lawsuit. All in all, they have scammed my husband and I out of $15,991. I see this lawsuit was started somewhere around June. Is this lawsuit still ongoing and is it still possible for me to join? Please write me back at (Personal Info Removed).
Thanks,
Chasity
0 comments