• Report: #236355

Complaint Review: Long Term-Short Term - Better Trades

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  • Submitted: Sun, February 18, 2007
  • Updated: Tue, August 05, 2008

  • Reported By:Alamogordo New Mexico
Long Term-Short Term - Better Trades
3225 Mcleod Dr # 100 Las Vegas, Nevada U.S.A.

Long Term-Short Term - Better Trades fraudulent claims/breach of contract Las Vegas Nevada

*Consumer Comment: Please have your Lawyers contact me ASAP

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On November 1, 2006 I purchased educational services from Long Term-Short term Inc dba Better Trades. Their representatives promised step by step instruction and plenty of assistance in learning how to trade stocks. I paid $2995.00 for their six month course.

During their presentation they said I could attend two days of classes or use their DVD course, there was no difference. I took the DVD course. While viewing the presentation they didn't really teach anything in detail, but referred to their other computer course and later lessons.

I contacted the company looking for the step by step instructions, I believed I had purchased, and the stories and run around began. I could buy the $4000 computer service they offered, but when I declined they sent me web sites I could look at from other companies. After several phone calls I finally got the online mentor classes that came with the package. When I viewed one of the classes I was informed by the online instructor they were not there to teach, but you guessed it, for another fee I could take their classes.

When I started asking for my money back I was told I just took the wrong classes, or didn't do this or that. What happened to all the help and step by step instructions?

I have written two letters to the Better Business Bureau, in Nevada, case # 177946, and Mr. Smith, of Long Term-Short Term Inc. replied it was my entire fault and besides I signed a contract.

I am extremely frustrated with this company. They are the ones who have not lived up to their side of this contract. How can I apply tools and skills I have not received?

This company is nothing but a fraud!!! STAY AWAY from it and anything or anyone associated with this group regardless of what name they use.

Doug
Alamogordo, New Mexico
U.S.A.

This report was posted on Ripoff Report on 02/18/2007 02:20 PM and is a permanent record located here: http://www.ripoffreport.com/r/Long-Term-Short-Term-Better-Trades/Las-Vegas-Nevada-89121-2257/Long-Term-Short-Term-Better-Trades-fraudulent-claimsbreach-of-contract-Las-Vegas-Nevada-236355. 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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#1 Consumer Comment

Please have your Lawyers contact me ASAP

AUTHOR: Julie - (U.S.A.)

I have been a Better Trades Student for 2 years & know about 300 others, who have spent a Great Deal of money (some up to $80,000.) & have similar regrets. Please contact me. I paid for a quarter of mentoring sessions, & suddenly without any reason they cut me off, wont refund my money & apparently is going to sue me, for what I don't know? I just found this out tonight & would like to speak to a lawyer ASAP, that may be familiar with this company & it's behaviors. Thank You.
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