I've attended the Rich Dad Education a few months ago to learn about real estate training. The guest speaker, Greg, told us that the advance training that they're offering has made a lot of their students successful by having huge profits on foreclosures and wholesaling. He also mentioned that if we purchase the advance training class, we got nothing to lose, because if we don't like the program, we could simply get our money back.
So I gave it a shot and spent about $26k on the program ($20k savings and $6k in credit). After I purchased it, they gave me a paper stating that if I don't want the program, I can get the full refund (which is only good for 3 DAYS). Back then, I thought that after three days, I can still get my money back because Greg just told us that we have nothing to lose.
Curious about how the program is doing, I searched the Internet for reviews and comments of their students. I shocked and realized that most of them got ripped off and never satisfied with this program. In short, it's a SCAM. So days before the seminar, I called/emailed them to cancel the training and would like to have my money back. To my surprise, they replied saying that I won't be getting "ANY" of the money I spent.
So I called them many times, begging them to give me my money. One of their supervisor (Maite) told me that in order to get the money back, I have to attend the seminars that I've purchased. Then that's the time that they will give me the full refund for that seminar. And then I ask them for the schedule and location of the advanced trainings that they have. I was shocked because most of their training is WAY far from NYC (Texas, Cali, Fla, etc.).
Right now I'm working with a lawyer to fix this situation. I just hope that I'll be able to get the money that I've saved for years. If their rich people and earning millions (which they brag during the seminar), then how come they won't let me give my money back. All I'm asking from them is very simple, and yet they put me in an awkward situation. What they didn't know was I cried and had a lot of sleepless nights because of all these. I hope this problem will be resolved soon.