• Report: #641161

Complaint Review: Cherif Medawar

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  • Submitted: Thu, September 16, 2010
  • Updated: Tue, July 03, 2012

  • Reported By: RP — San Clemente California United States of America
Cherif Medawar
Internet United States of America

Cherif Medawar Cherif Medawar Real Estate Investing Claims to be a Commercial Real Estate Guru but has nothing to offer but ripoff your money Internet

*Consumer Suggestion: Silly

*Consumer Suggestion: let me explain again

*Consumer Suggestion: let me explain again

*Author of original report: Additional commit to Jorge - Torrance

*Author of original report: Cherif Medawar's "Institute of Commercial Real Estate" changes Bankruptcy filing to Chapter 7

*General Comment: This complaint is completely false

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Cherif Medawar is nothing more than a Con Man. He puts advertisements in newspapers for FREE Commercial Real Estate Workshops in various communities as if he can teach you everything you need to know about getting into Commercial Real Estate and making big money for yourself.
He gets up on stage boosting about how successful he is and how much money he's making without doing any work at all and in reality all he's trying to do is trying to get you to attend one of his Workshops and pay him anywhere from around $2000 to $4000.
With me it started out at $3800 and I flat out told his Telemarketer NO, the next day the same Telemarketer called back offering $2000, I agreed to $2000 and they set me the Package of materials but they never signed me up for the Workshop.
About 6 month later I received a letter from the Orlando Bankruptcy Court in forming me the Cherif Medawar's "The Institute of Commercial Real Estate" company along with about 200 other companies that are associated with Robert Allen Real Estate Investing Companies had filed Chapter 11 Bankruptcy.
Now I saw in the September 13, 2010 edition Los Angeles Times Section C on page 7 a new ad for Cherif Medawar Real Estate Investing offering an round of FREE WORKSHOPS in the Los Angeles area on September 12, 13, 14 and 15.
It's amazing how this guy can file bankruptcy on one company and the court hasn't finalized the case yet and Cherif Medawar has started a new company doing the exact same thing he before but operating under a new name.
He's only making money off of the poor souls who purchase his bogus Workshops, like all of the other people who try to sell you magical methods of making money on Real Estate.
If their methods are so good why would sell them to other people that would ruin their markets?
That what I have to say about Serif Medawar and his bogus companies.

This report was posted on Ripoff Report on 09/16/2010 09:59 AM and is a permanent record located here: http://www.ripoffreport.com/r/Cherif-Medawar/internet/Cherif-Medawar-Cherif-Medawar-Real-Estate-Investing-Claims-to-be-a-Commercial-Real-Estate-641161. 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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REBUTTALS & REPLIES:
2Author 4Consumer 0Employee/Owner
Updates & Rebuttals

#1 Consumer Suggestion

Silly

AUTHOR: Barca12 - (United States of America)

Sir, Your last comment is just plain silly. "If their system is so good...?" Why don't you ask healthy people "If eating healthy and exercising is so good, why do you keep doing it since you're already healthy?" To continue being healthy! CMREI is a business (of which I am a very happy customer). It's not a charity. Part of Cherif's job is to get you fired up. If getting rich were easy, then everybody would be rich and it wouldn't be a big deal. But it's not, it takes hard work. A lot of hard work...and a system. Anyway, hopefully you're not just a hater, but that's really up to you to prove / disprove.
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#2 Consumer Suggestion

let me explain again

AUTHOR: Jorge - (United States of America)

Mr. or Mrs RP from San Clemente. It seems that you have done none of what I have suggested. Did you even read the letter you are getting from the Florida court to see that it is not his company that is sending you the BK letters and it is a marketing co called Dynetech? Do you understand the difference?
I re-read your complaint you took a course from them and after 6 months you wanted to refund. It sounds to me that you are the rip off and con artist to me.
I forwarded your complaint to him and he asked that you google him to get his email and he will respond to you directly. You can even find his phone number on line. As I said he is easily reached.
by the way he also offered for one full year his trainings for free to anyone that had any complaint caused by the marketing Co that was doing promotions for him.
The only reason he shares his knowledge is because he partners us through his private fund and other programs with his students.
You don;'t even know what you received because you probably did not read it like you did not read the BK filing letter you have been receiving.
Do yourself and your family a favor and stop trying to learn from anyone and stay with you day (and probably night job).
I was on the site filing a complaint about Sears for ripping me off and saw your comments to me so I had to respond. The proof that you are a loser is that you would not even put your full name so we can address you properly or try to reach the owner himself to voice your complaint.
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#3 Consumer Suggestion

let me explain again

AUTHOR: Jorge - (United States of America)

Mr. or Mrs RP from San Clemente. It seems that you have done none of what I have suggested. Did you even read the letter you are getting from the Florida court to see that it is not his company that is sending you the BK letters and it is a marketing co called Dynetech? Do you understand the difference?
I re-read your complaint you took a course from them and after 6 months you wanted to refund. It sounds to me that you are the rip off and con artist to me.
I forwarded your complaint to him and he asked that you google him to get his email and he will respond to you directly. You can even find his phone number on line. As I said he is easily reached.
by the way he also offered for one full year his trainings for free to anyone that had any complaint caused by the marketing Co that was doing promotions for him.
The only reason he shares his knowledge is because he partners us through his private fund and other programs with his students.
You don;'t even know what you received because you probably did not read it like you did not read the BK filing letter you have been receiving.
Do yourself and your family a favor and stop trying to learn from anyone and stay with you day (and probably night job).
I was on the site filing a complaint about Sears for ripping me off and saw your comments to me so I had to respond. The proof that you are a loser is that you would not even put your full name so we can address you properly or try to reach the owner himself to voice your complaint.
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#4 Author of original report

Additional commit to Jorge - Torrance

AUTHOR: RP - (United States of America)

Just wanted to add an additional commit about Cherif Medawar.
If Cherif Medawar is such a stand up guy,why has his company (which I signed up for) "The Institute of Commercial Real Estate" filed for Chapter 7 Bankruptcy and in now operating another business exactly like " The Institute of Commercial Real Estate"
in Maitland, Florida called "Cheriff Medawar Real Estate Investing."
Also, if he's so successful and has so much money to his name why wouldn't he make good on his outstanding debts and pay back everyone he owes money to.
But he'll just continue to screw as many people he can until something wrong again then file for Chapter 7 Bankruptcy again.
Then repeat again. That's his M.O.



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#5 Author of original report

Cherif Medawar's "Institute of Commercial Real Estate" changes Bankruptcy filing to Chapter 7

AUTHOR: RP - (United States of America)

Funny how I'm listed as a creditor and continue to receive court notices about his filing and changes to the case.
Now the case changed from Chapter 11 (which is reorganization) to Chapter 7 (which is complete liquidation).
He still a scam artist to me and I'll leave it at that.
He's nothing more then a white collar criminal in my book.
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#6 General Comment

This complaint is completely false

AUTHOR: Jorge - (United States of America)

First of all cherif Medawar has over $50 million of commercial real estate that many students have toured and he Even holds special events where he walks people through the exact dates and step by step how he acquired each commercial property and how he placed some of the biggest tenants in the world in them.
The company that filed for bankruptcy is called Dynetech Co and it is in Florida, it is Not Cherif's company it only used to market one of cherif's programs. You can easily verify that on line by googling Florida bankruptcy court. You will see that this company owes Cherif Medawar over $489,000 and he is one of the creditors along with Donald Trump and Robert Allen and other gurus that this marketing Co was working for.
If you were offered a $3,800 program and the telemarketer offered you $2,000 I pretty much assure you, that it is not the same program offered.
I paid $25,000 to attend 3 days with Cherif and saw with my own eyes his teal estate holdings. I made in 60 days over $90k doing exactly what cherif Medawar teaches. You will never get another multimillionaire who is at the caliber of Cherif Medawar, so willing to teach and respond to commoners like you and I.
I thank my lucky star that I met him and that I can email him anytime about anything and he is always such a giver.
Before criticizing someone or calling them names etc. You need to do tour due diligence and know that not all seminar people are bad.
Good luck to you and I hope my feedback helped. If you still has doubt you can go to YouTube.com and see for yourself that he has more video success stories of people that made real money than any other training company in the USA.
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