INVESTIGATION: Russ Dalbey customers can feel confident and secure when doing business with Dalbey Education Institute - Winning In The Cash Flow Business - Committed to customer success. The Russ Dalbey Education Institute - America's Note Network has teamed up with Rip-off Report to provide all customers with 100% customer satisfaction. Russ Dalbey goes the extra mile to ensure that all customers get the highest level of service and support. Rip Off is proud to say this company is for real.

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*UPDATE... Rip-off Report Investigation: Russ Dalbey has a commitment to the success of his customers, employees & to Rip-off Report Corporate Advocacy Business Remediation & Customer Satisfaction Program. 100% customer satis

I suggest that since you spent so much money on the program that you make copies of it and give it away. This way others won't get screwed like you did and you can have the satisfaction of knowing that!

I mean it seems to me that you bought the rights to do what you want with the information you received so I say start making copies!

Russ Dalbey is a creep and so are all of the other real estate so-called guru's out there. I am sure you know that now.



Good Luck!

Nan, I understand exactly what you are talking about. I too was a victim of Russ Dalbey's Cash Flow Scam. However I did not loose as much money as you did.

They promised me that they will refund me back my money. However, I have not gotten my money back neither have I gotten a committment on when I will get it back. However, be tough, threaten them, take them to small cliams court if you have to. More than likely you will win and they will have to reinburse you for all your money and court cost. I suggest you file a complaint with the following consumer advocate agencies see below. Let's get an investigation going! Let's Shut Him Down!

Denver/Boulder BBB 303-758-8200, POB 48179, Denver, CO 80204

Write to: Attorney General, State of Colorado, 1525 Sherman St. 7th fl., Denver, CO 80203

District Attorney's Economic Crime Unit, 201 W. Colfax Ave., Dept. 801, Denver, CO 80202.

FCC, Mailstop 1600A2, Washington DC 20554. FTC at ftc.gov to file on line, call 877-382-4357, write FTC, Office of Inspector General, Rm 110, 600 Pennsylvania Ave. NW, Washington, DC 20580.

Together we can make a difference. Let's show Mr. Russ Dalbey and his crafty scam artists they can't and we won't let them get away with this any longer!!

I called within the 30-day guarantee period to initiate a return. I had to wait on hold for about 25 minutes, but nothing would sway me. Finally spoke with a pleasant woman who became whiney when she found out I was calling to get a refund; she tried numerous tactics to get me to not pursue a return/refund -- quoth she, "What if I could extend your warantee to 60 days? 90 days?" etc etc

I held my ground and politely but firmly stated I wanted to return the course. She finally relented and offered me a return authorization number. It is VITAL that you obtain this number. I then sent the course via FedEx, writing on the box that the delivery person MUST obtained a signature rather than just leaving the package.

It's been two weeks and I'm still waiting for a refund. However, it is almost comical the number of e-mails and phone calls I've been getting on an almost daily basis. [Well, the phone calls aren't amusing, since they're to my cell phone.] The e-mails, sent directly from Russ Dalbey [wow, a real live celebrity contacting ME!], have been increasingly enticing, the latest one being along the lines of, "OK, I've never done this before for anyone..." -- yeah, right -- "...but if you'll contact me, I'll actually give you several deals that are ready to go, even though it's money out of my pocket." Wow, I was so touched by his sincere offer of wealth that I couldn't stop laughing for several minutes.

As for the calls, they've been from what I assume are the cretins who have offered other victims the expensive mentoring. The galling thing is that, although there have been different callers, I have received about five calls from the same man, asking me what he could do to change my mind and bring me back. His last call was a few days ago at 7:00am, and I got quite cross with him and told him quite emphatically to stop calling me.

If I were a vindictive person, I would suggest that we all call their 800 number several times daily and tie up their lines by asking their customer service reps bizarre and pointless questions. Drain their finances by making them pay for all those toll-free call. But then, that would be vindictive. :-)

I just received Russ Dalbey's sales booklet in the mail. All I can say is my first impression was that if he needed 70 pages of hype to sell his goods, then, in my opinion, his goods don't speak for themselves. That he is reported on Ripoffreport.com only confirmed my suspicions.

Always do your research into these hypes and if you make the initial mistake of buying in, never chase good money after bad. Cut your losses and move on. You might lose, but don't lose the lesson. Those who keep on paying have only themselves to blame for further losses.

Remember that old adage: "If it sounds too good to be true, then it isn't."

I saw the infomercial this morning at like 4AM.

I wrote down the # and called to see what they would say.

Keep in mind the infomercial says only $39.95+S&H.

But when I called, they tell me of the $39.95 and then sneak in that after the 30 day moneyback period, they will bill me 3 more payments of $39.95.

That sounds like $159.80 + S/H to me. Not $39.95!

Another scam involving fraudulent advertising.

I have been in the "note business" for over 10 years and I cannot tell you how many calls I get on a weekly basis from Russ Dalby "trainees". All have spent thousands of dollars on what they thought was an easy way to make some money but none of them know the first thing about this business. The Dalby scam is to get you in the via the infomercial and then upsell you on expensive mentoring and other products. They use high pressure techniques and threaten you with failure to hook you into the web. There is always a carrot out there making you think the next 1500.00 investment is going to put you over the top. People lose all sense of logic and just throw money away in an effort to try and make it work.

I can tell you of at least one instance of complete fraud related to Dalby's infomercial. He has a guy on there who he claims made 1.2 million using this system. I know the guy and used to buy loans from him until he got in some serious trouble related to loan fraud sometime in 2003 (The litigation related to that is a matter of public record). I was working on a deal with him in 2001 (I think) when he told me he was going on a free trip to New Orleans. He went on to tell me that Dalby was paying his way to appear on his Infomercial. They told him all he needed to do was talk about how Dalby's course had made him successful. When he informed them that he had never taken such a course they said "no problem, we can overnight one to you and just look it over before the trip". The guy takes the trip and remains a star on the infomercial to this day. This is despite the fact that he has been banned as a broker by at least one of the major institutional note buyers in the business. I am guessing this is not the first instance of outright fraud on the infomercial as Dalby's system is not likely to produce any real success stories. In fact, the note network where he trains his students to post their notes is one of the bigger jokes in the industry. I am one of many investors who will not even consider a deal if it comes from that forum. It is nothing more than a wild goose chase and many of the deals are not even legitimate.

I should have written something a long time ago but I kept thinking this scam would go away. What these people are doing is criminal and they really need to be stopped. The information I have related cannot be isolated. People are losing thousands of dollars not to mention the loss of confidence in themselves as they flounder in what is supposed to be "easy". I can assure you, this is not an easy business and never has been. That Dalby's system did not work for you says everything about him and nothing about you. You should be commended for trying to improve yourself and pursue what you thought was a real opportunity. The fact that you were scammed is a lesson for all of us. I hope my information is of some help and comfort.

i want to thank all the honest people that posted their dissapointment regarding the infomercial containing the russ dalbey's winning in the cash flow business. i was about to purchase the course until i saw the link to this web site. honest people like all of us are glad there are forums such as this so we can all communicate and try to put these scum bags out of business. agian thank you for posting these and saving me (and countless others) from loosing there hard earned money.... stay strong.....

dave philadelphia.

Thank you to everyone for saving me from buying into this scam! I too was enticed by the scamformecial and was ready to call and order! Thank god I used my noodle and researched it online first to see that it was nothing more than a scam! Just imagine if there was no internet how much people these scammers would rip off? Its a scary thought!

I called the cash flow business to see what information they were selling. The real estate IOUs made absolutely no sense. There is not a single shred of truth in the sales pitch. I reluctantly called their enrollment number and the sales person gladly took my credit card number and issued me an account number. She then gave me another number to a "coach". I called the next day to cancel my order because the real estate IOU scheme made no sense. The sales rep told me she could not do it, but she had all my account numbers. I told the rep that I would refuse anything that was delivered to my address. If FedEx delivers anything as long as the package is not opened, you can refuse it. I called my credit card company immediately and told them the situation. The vendor refused to reverse the charges on a point of sell. Also the credit card company closed the old account and issued me a new card and forward to their investigation. I worked in sales and a reversal is the opposite of a charge. If it sounds too good to be true it is. Don't be a labeled as sucker.

We receved Mr. Dalbey's 72 page booklet the other day- the day after I plowed through this report thread. Interesting timing, no?

The special deal was $151.50 for this $1292 value with free shipping for the next ten days (free the next 8 days now, I guess, then $18 extra).

We are very comfortably retired now, and I am having trouble finding the time to take the boat out and this wonderful opportunity from Mr. Dalbey would not reduce that problem at all. I didn't even spare the time to read the booklet, so there are no stare marks in it....

Would anyone like this fantastic booklet? Otherwise, I have to take it to the landfill.....

Our company, http://www.mortgage-investments.com, has received numerous complaints about Cash4CashFlows, American Cash Flow Association.

They can be read on our web site.

We also provide a link to www.ripoffreport.com on the same page:
http://www.mortgage-investments.com/classifieds/cash4cashflows.htm

Note brokering is a genuine business, however it is both highly competitive and requires knowledge of finances and mortgage law.

If someone is not prepared to acquire these skills, they are not likely to make money in the Note Brokering business.

A major issue is the cost of acquiring leads of viable note sellers.

The majority of people who own private mortgages are either not willing to sell it at a discount OR the mortgage they own is a second mortgage taken back to help a weak borrower. These second mortgages are either not saleable at any price, or only at a very steep discount, perhaps 50% of the face value or more.

The ones who DO want to sell their mortgage have usually been bombarded by solicitations from other note brokers.

It can therefore cost $2,000 or more to acquire ONE single note owner who sells their note using your services.

None of the above facts are prominently stated by the sellers of "get rich quick" business programs.

These guys are right! Listen folks! I dealt to many in the investment & banking world with my consulting bsuiness for years, and in ALL cases, NOBODY can become involved in legitimate securities or other regulated business without proepr credentials, licensing, and registrations first in place. To do so, is a felony criminal offense and this means if any of you allow yourselevs to become 3rd party Intermediaries unknowingly, you are in violation as well if not properly licensed to engage in such business.

Besides, professionals in securities industry trade all sorts of noptes 24/7 and do so and have all the latest software and instant screen databases required to do so in a highly regulated but competitive market- But for any homeowner to think they can get involved as Russ details and make money that easily over the professionals who do this 24/7 are greatly informed...


Russ seems to be a Marketer of obscure and vague materials and makes $millions off people in this manner. Kind of like how Ken Roberts was doing in 1980's about futures markets and commodities trading until CFTA, SEC, NASD investigated him and forced him to pay some fines and obtain his CTA licensure I believe it was, before he could go on marketing any further trading materials for the futures industry..

These people never stop calling me! I bought the $99 manuals from the website and then after I received them, I got hounded day and night from Dalbey's people. First PMI company called me and tried to get me to wire $6200 ASAP to get into their special "training" program. Then a few weeks later I get a call from the corporate office of Russ Dalbey where they talk about how PMI is bad and their training program is better, blah blah. Of course they have three levels, the best level of training is $10,000, the second level is $6,000 and the regular level is $3,000. They try to convince me that $3,000 isn't a lot of money and it won't take food off the table if I am an investor already (which I am). It still is a lot of money and I must have spent two hours listening to their BS about why it is a good program and I will fail if I don't buy it. If Russ Dalbey is so rich and successful then why does he need to hire people to sell training programs? I was almost arguing with the "top mentor" after I kept saying no. I said I need to at least think about it and he said the program is only available now and that I would say no anyways if I thought about it. Such money hungry people.

Let me explain to you guys how this scam possibly works. If correct(and I believe it to be), hopefully it will save some people alot of grief and money.

The "Winning in the Cash Flow Business" is an info-mercial which will air in the middle of the night. This is likely done for two reasons. 1. The clientel up in the middle of the night are not typically the top end of society. They're often desperate. They're unemployed or underemployed. They're often not financially well off. They're sometimes elderly. They're potentially drunk or high and will act on an impulse. Perhaps that's the target audience. 2. It's cheaper to run it at night.

The program you order for arond $200-300 is actually a money LOSER for Russ and his company. The ENTIRE goal of the info-mercial and the program is to get your telephone #. THIS is where they make their money. Approximately a few days after you receive the package(often before you've ever received it), you're going to get a phone call, and they're going to keep calling until you answer. Often over a dozen times per day. Here's what happens from there-

You're going to be talking to a "fronter". The job of the fronter is to get you over to a "closer" to sell you this "exclusive opportunity" to spend anywhere from $700 to $30,000 dollars. This is know as the "Winner's Circle Program". "The Winner's Circle" program has a laughably high failure rate.

The call will start out claiming the call is from "Russ Dalby's Corperate Headquarters" and to offer you the exclusive opportunity to work with Russ and his best coaches, step-by-step, one-on-one with one goal in mind, to close note deals quickly as well as building consistent cash flow. OR it will claim they are looking for just a few motivated individuals and for the Corperate staff to guide you through your first few note deals. They will also claim you will be working "directly with Russ". They MAY also claim you are one selected of 30 individuals for the program.

Lie #1- It is not the "exclusive opportunity". They will pass it off as it is, but the truth is, thousands of people that week will be offered this "exclusive opportunity", and unfortunately thousands will unkowingly sign up. You are extremely "exclusive"(over 95%, more on this later) if you don't get ripped off and make a dime. You are one of "the selected group" who will contribute to approximately 1.5 MILLION dollars in gross sales for the week for the Dalby Wealth Institute. This is from a pool who typically spends between $2,000 and $6,000 on the "Winner's Circle". Do the math on that guys and figure out how "exclusive" it is. Another one you'll likely hear is "Russ and his 'coaches' are only looking to work with a handful of people". "Since space is so limited Russ wants to make sure we are only considering people who are serious about changing their finacial situation". Complete lie.

Lie #2- "You will be working directly with Russ." False UNLESS you are willing to spend in the 5-10 thousand dollar range and really not even then. This is where you actually come to Colorado. This will be a brief seminar and then an "expert" puts you on the phone and basically has you cold calling people. The big sell on getting you to Colorado is not the program. It's to upsell you even more and get you to spend even more money while there. You're already there and have blown a BUNCH of money. Most figure they're already into it for so much, what's another grand or more? Either way, unless you fall for this most expensive ripoff, you will not be "working directly with Russ". And, it's only "working directly with Russ" if you consider that sitting in on a seminar in an auditorium. If you don't believe me, ask to speak with him(Russ) since you are one of such a select group. Certainly he has a few moments right? He'll be "busy at the moment". Ask if you can call back and talk to him or if he can call you when he gets a moment. Trust me, it'll never happen.

Lie #3- "guide you through your first few note deals". That's a lie. They'll sign you up for some some stupid computer class which they know most people won't do anything with. This is the "protege program" you'll hear about if you're naive enough to let a fronter move you over to a closer. Once they have your money you are WORTHLESS. You no longer have any value. Unless you are willing to spend more.

BTW- The odds are EXTREMELY high you will never close a note deal. EVER.

You're going to hear how the program is ending that day or at a minimum that week. This the "one call close". This is where the fronter will explain that the "program is ending this week" and if you don't sign up THAT DAY, you won't be able to get into it later. Never. The "closer", who will also be referred to as the "program director" will really put the pressure on to do it right then and there. It's an extremely high pressure technique. Hesitation, saying you want to think about it, saying you want to discuss it with your spouse, saying you can't afford it, etc. are very often met with nasty remarks and/or more pressure. The crux of this is saying if they get off the phone without your credit card number, you lose any possible opportunity for this exclusive and golden opportnity. It's the time is of the essence sales technique and it's a lie.

Lie #1(on the last paragraph)- The program is not ending that day, week, or year. Unless is gets shut down by a Governmental agency. Not that you want to sign up for it, but the "program" is not ending. If you don't believe me, say "no" and see if they call you back. BTW- you probably have to say no on at least three separate phone calls before they'll leave you alone. The first phone call is from a "senior fronter". He or she usually has at least three months experience at the Dalby Wealth Institute. Often more. This is the first bite at the apple and their best shot to hook you. Don't get me wrong, they're going to call you until you answer and give them a no for the first time. Then you go into the recycle pool. This is where a less experienced "fronter" comes back a second, third, or sometimes fourth time. Thay literally WILL NOT leave you alone barring to be asked to be removed from the no call list(then legally they have to). If you don't believe me, say no and when they call back(and they will), tell them you were told earlier the program was ending. You'll likely get a lame "we created one more final class" response. Also a lie.

Lie #2- There is no "program director". The "program director" is the first "closer" not on the phone they can find. They have over 75 of them. There is going to be an EXTREME buildup in the initial pitch how the program director is SO busy, so experienced, so important, etc. Try this for fun- When the person mentions the "program director", ask who it is. Listen for the silence on the other end. Assuming the sales person finds a "closer", you're going to get the "post close". They'll likely start explaining how the "program director" just got out of a meeting and how this is your lucky break to speak with this genius. "Great news! Mr./Mrs._____ IS available. I gave him/her a summary of our discussion and told him/her you are very motivated and deserve this chance. Mr./Mrs._____ normally only talks to clients by appointment. Mr./Mrs.____is part of Russ's hand held experts. He/she specializes in helping people like you get their business going. Mr./Mrs.____asked me to make sure we still have space available in the Winner's Circle. I checked with the coordinator(one does not exist either) and we do but he/she told me we are wrapping ip up this week/day". Basically, everything in that is false. Thay may also tell you how the program director owed them a favor and that's how they were able to get you in. "This is a great opportunity for you!" It is. A great opportunity to get ripped off out of alot of cash.

They're going to ask you for your "top three goals" in the initial part of the call. This is where they get you dreaming. Most people called are going to mention getting a house, a better car(assuming they have one), retirement, travel, or money for their kids. They'll claim this shows you are "motivated" and "are the kind of person I am looking to recruit and recommend for the program". Then they're going to use it later in the call to get you thinking about it again and sometimes tug at your heart strings. This is going to be the hook for the closer. He/she is going to ask the original caller what it's going to take to finish the call and get your money. What is important to you(which you will never get). Then the closer is going you harp on it and how you'll never reach your goals unless you do it(spend your money) right THEN(almost always) or shortly later that day.

"Custom business path". Ask them what exactly this is. "They have to ask if you are doing it by yourself or with a spouse. This a major red flag as you will have to get both to agree and get both on the phone. It's a pain in the neck for the seller. They'll try and get you to say you are the "decision maker" and can make the decision without talking it over with your spouse.

Your going to hear about "success stories". This is defined as someone profiting after the program. It runs at over a 95% failure rate. I actually think it's closer to 98%. Keep in mind, that's people making ANYTHING. Not the big bucks you'll hear about later in the call or that you heard about in the infomercial. If you don't believe it, ask for the percentage of success stories. Gezz, ask for the total number from last year. If they lie about it, ask for a list of names and ask for the number of people who signed up for the program in the 2006(or previous years). See how they dance around that or if they'll even attempt to answer it.

Your also going to hear how you COULD make 2,3,5 thousand dollars or more per deal. Legally they have to say COULD b/c WOULD or WILL is a false promise. Believe me, that is SO rare. Again, ask how many people who signed up for their program last year made 2,3,5 thousand PER deal.

Before they get you over to the closer, they have to brackett you. This is where they figure out how much you are potentially willing to spend(waste)-

Level 1- If you're looking for 3-5 thousand in "monthly cashflow", individuals "invest" between 2-3 thousand in their note "business" to get started. This is usually the low-ball end, but they'll go lower if there is no way you can afford it. They're going to try and get you to at least Level 2.

Level 2- If you're looking for 5-10 thousand in monthly cashflow, individuals invest anywhere from 3-5 thousand in their note business to get started. Gee, just five grand for nothing?

Level 3- If you're looking for 15, 20, 25 thousand or more PER MONTH in monthly cashflow, individuals invest anywhere from 5-10 thousand in their note business to get started. This can go higher with the "upsell".

Some sales people will get even more outrageous and multiply the "monthly cashflow" by 12 and call it annual cashflow. That really gets some people going when they start hearing about six-figures a year. I looked on their "sucess stories" board when I was in there and they had ONE person on the board over $100,000 in TOTAL income. Trust me, there are not many more.

There attrition rate among employess is atrocious. My guess would be over 90% quit within the first six months. Once most realize what they are doing, it gets embarassing. Once you realize who you are doing it to(people on their last legs and LAST bit of money) you feel nothing short of filthy.

I say this in all sincerity- Do not do this. You're almost gauranteed to be embarassed and out of alot of money. You'll likely be so embarassed you won't tell anyone of your very stupid error, and you WILL NOT be getting your money back without the threat of a lawsuit AND a report from the Better Business Bureau they take seriously(which they don't almost all of the time). That's what they are counting on. You giving up and not pursuing anything due to your later admitted stupidity.

Do yourself a big favor. Don't be a fool.

Russ will probably sue me for this. Unfortunately for him it's all true.

Wow, I just read through Dalby's hefty little (60 odd pages-half supposed real life success stories )mail brochure last night and having never heard or seen about this opportunity, the cash flow business and selling reality notes in general I must say it did have me somewhat curious... TY Rip-Off for providing this forum and saving me all the hassle of others here that have been fleeced by this outfit...

I kept wondering to myself as I read that trash why would note owners go through a middleman when its a simple search online to sell directly to willing, well financed companies outright, and now after researching this a bit more and knowing more about Dalby's scam program its highly unlikey that many people would do that...

I just have one question about this Dalby guy... was that a lie about that Olympic bicyling speed record Gold Medal he said he won too?... and if it was double shame on this guy for using a noble accomplishment as leverage to bilk little people's monies further down the road

I to was about to start a "career" with Russ, I was actually in the dalby site and reading a forum and came across this information. WOW!!

I feel fortunate.... I was not hounded or contacted 100X a day like some of you (my heart goes out to you) but it think it could be due to the fact I only have a cell phone, and i NEVER answer a call that is not recognized my me (I figure if its important they will leave me a voice mail and i can call back).

But yes, the info is very vague, and he really just pumps up going out and finding a note and putting it on his site and u will magiclly make money. I am a young man, only 26, looking for a way to make a little extra money, nothing like what they promote..... $1,000,000's!!!!! I feel betrayed... but it is my own fault for being so stupid.... I was very very very very skeptical, and waited to long for the 30 money back garuntee.. which it sounds like i wouldnt have gotten back.. So i guess i should consider myself lucky I only lost about $150 form this... WOW was I weak minded to think this would actually save me from all my financial problems.

So to wrap up my comments, thanks for this forum, glad i stumbled upon it.... and it really is just a marketing tool by russ.. thank god I only lost $150, and not $1500 or MORE

Hello Everyone,

Thank you for your comments on Russ Dalby. I was about to buy this program since I know that Notes of all sorts are bought and sold everyday.
I was a bit skeptical, because of my experience with another Well Know Company, whose package I bought for 1,500.00 and they wound up billing my charge card for $9,000.00, with several companies names (that I had never heard of before) and tried to bilk me out of $10,000.00 more.

With the Prosecuting Attorney's assistance, I was able to recoup $6875.00 of that money, but my point is this: Your comments are helpful to a lot of readers who come across your report, but are you all Reporting this to the Authorities and following through on it? Like the PA in my State of Michigan told me, you can cry all you want, but if you do not report these companys to every legal entity in your state and federal, you're only blowing hot air. Everything that He suggested that I do, I did just so!

If you think/know you've been scammed by Russ Dalby, report him to the FBI's IC3.gov Website, as well as your Attorney General and Govenor. I was given a list of people to report to, and it worked for me.

Again, thank you for your comments - it has been most enlightening!

SC
Michigan

I too was a victim, and although there are some who went for the 4-10 thousand dollar phone calls, fortunately I was not one of them. I am a mother of one child, disabled , and was desperate for a way to take care of my family. I believed honestly that this "opportunity" was the answer to my prayers.

The infomercials and website make it sound so very easy! I was also taken aback at the literature provided.

The reason they say that you need no formal education or training to do this "business" is because they are hoping for people who are not educated or trained to read between the lines to call in and pour out their savings to them. Don't let this happen to you!!

Yes the books give you all kinds of "scripts" to use for cold calling, and yes they get you all mixed up in the technical lingo, but it all boiled down to one thing: confusion. I was so pumped and did every little thing suggested by the manuals, including calling my own CPA about it.

She really had no idea why I was calling her. All her clients that needed liquidate their assets already knew what to do with them, that was part of her job to help them liquidate and settled their tax issues. The real estate agents were a dead end also, most of them telling me that rarely did they have a client needing to sell notes to close a deal.

And let me tell you, the courthouse note search was a total runaround. You had to have names to even begin to look in databases, and then they referred me to the local Tax office, the tax office referred me to the appraisal office, and on and on.

I then called the 1-800 number to find out what exactly I needed to do to get good courthouse leads and do you know what they told me? They said " make up a name and type it in, and go from there. There are bound to be someone with that last name with a note." Pretty helpful huh?
Don't even think about falling for the "unlimited potential. no competition" line they drop either.

I made a ton of cold calls from their so called "free leads" that come with the course. Just about every person I was able to get on the phone said that they had already been contacted by several people about selling their notes and that they just didn't want to sell them or they were already paid off. That's when I decided to open my eyes and take a closer look at these "free leads".

All the leads were at least 5 yrs or more old. When I called the 800 number to question their notes leads' age, they responded that "you want the notes to be that old so that they have been 'seasoned' and have a good payment history.

When it states clearly in the manuals that a seasoned note is one that has been paid on for 6-12 months with no missed payments. If I weren't so angry and insulted about the whole situation, then it may be a bit funny how many circles you are lead in with this "wonderful opportunity", and how they contradict themselves at every corner.

I feel terrible about being lead down the rosy path that they portray, only to come out $120 poorer, and none the wiser about anything but being ripped off. I called to cancel and get a refund and have been given return instructions in order to obtain my refund, we will see how that goes, from what I have been reading I may as well just hang it up but I will try my best to get it back and have a lawyer waiting in the background.

J W.
Livingston, Texas