- Report: #837631
Report - Rebuttal - Arbitrate
Complaint Review: Armando Montelongo Seminars
Armando Montelongo Seminars2935 Thousand Oaks #6-285 San Antonio, Texas United States of America
Armando Montelongo Seminars Deceptive Trade Practices San Antonio, Texas
By using Deceptive Trade Practices the 3-day Seminar Attendee's are bombarded with Success Testimonials from previous seminar students. What they don't tell you is that these students are in a program called the Master Mentor Program, which is not offered at the 3-day event, but is solicited to the students at the Property Flipping Bus Tour. This is a guaranteed house to flip program for an extra $25,000. This program then matches participants with investors and they are guaranteed a flip.
I attended the 3-day event in Denver, May of 2011. I signed up for the top program they offered at the event which was the Diamond Elite Membership. Not until the last day of the Property Flipping Bus tour was I solicited for the Master Mentor Program. I was told for $25,000 more I could be guaranteed a successful house to flip and split the profits with an Investor lined up by Armando Montelongo Seminars.
In retrospect, I thought that the people in the testimonials were average students like me that attended the bus tour. But they are not. They have paid extra for the opportunity to get a guaranteed flip. With over 400 people attending the bus flipping tour and only two or three real estate agents, hardly anyone who does not pay the extra $25,000 can even bid on a house.
I feel I was taken advantage of using Deceptive Business Practices.
This report was posted on Ripoff Report on 02/11/2012 01:00 PM and is a permanent record located here: http://www.ripoffreport.com/r/Armando-Montelongo-Seminars/San-Antonio-Texas-78247/Armando-Montelongo-Seminars-Deceptive-Trade-Practices-San-Antonio-Texas-837631. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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