• Report: #935623

Complaint Review: Wealth Rock

Thank You

Read how Ripoff Report saves consumers millions.

  • Submitted: Fri, August 31, 2012
  • Updated: Wed, April 02, 2014

  • Reported By: Dennis Schwarm — Creswell Oregon United States of America
Wealth Rock
Internet United States of America

Wealth Rock James Smith Company Lied to...no guarantee Internet

*Author of original report: Free Advertisement!? They'll try anything!!

*Consumer Comment: James Smith / James M Smith

*Author of original report: AMAZING...THEY NEVER QUIT! BE AWARE!!

*Consumer Comment: James Smith / James M Smith

*Author of original report: So Dave...Do I get any back? Call and Tell ME!

*Consumer Comment: James M Smith Contact Information

*Author of original report: Incomplete and UNLESS information

*Consumer Comment: James M Smith's student / investor alert

*Author of original report: NEVER stops!

*Consumer Comment: Contact James M Smith for Sharing Grievances

*Consumer Comment: The James Smith we know....

*Author of original report: But YOU CAN correct this

*Consumer Comment: Joe Johnson, not James Smith was in control

*Consumer Comment: Make sure you direct anger at right person

What's this?
What's this?
What's this?
Is this
Ripoff Report
About you?
Ripoff Report
A business' first
line of defense
on the Internet.
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

Does your business have a bad reputation?
Fix it the right way.
Corporate Advocacy Program™

SEO Reputation Management at its best!

Wealth Rock is in the business of making millions by selling programs they claim will make YOU millions within 5 years.

Is this possible? Yes, to a select few who are willing (and able) to spend $$$$$ (thousands) on and never ending lists of classes, workshops and training. If you have the money to spend they are more than excited to take it and ask for more.

I'll take responsibility for "buying into their stories and "investing" over $40, 000 with the guarantee that they would "stay with me" through whatever it took to get me started and make back the $40, 000.

THAT WAS A LIE.

Finally Wealth Rock contacted me in late May after I posted a complaint. They again said they would make it right.....sounds like another one of their guarantees....and it was becasue now it's September 1 and NOTHING HAS HAPPENED. Customer SERVICE...a joke...non existent!!

I've heard/read that they may now be out of business...in bankruptcy...and/or to be sold again. I only hope they are GONE! But if not please keep reading.

I felt like the prodigal son who was popular as long as he had money. When the money ran out the "friends" ran away.

Sure, they will stick with you but you'll need to spend more...and more...and more in order to get the training you need.

They will tell you one story, gladly take your money and ask for more at the next workshop/seminar. But, they WILL NOT stay with you.

Their guarantee is FALSE!

I post this so YOU don't make the mistake I did and lose $40, 000+. Don't be fooled. There will always be something else you need to buy in order to "succeed." As long as you have MORE money they will be there. When your funds and credit cards are maxed they are gone.

Give me a call. I'll tell you about it. It's cheaper. Oh, and I will sell you nothing.

Dennis Schwarm

541-521-0826

pursuinghim@gmail.com

This report was posted on Ripoff Report on 08/31/2012 10:04 PM and is a permanent record located here: http://www.ripoffreport.com/r/Wealth-Rock/internet/Wealth-Rock-James-Smith-Company-Lied-tono-guarantee-Internet-935623. 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.

Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report.

Click Here to read other Ripoff Reports on Wealth Rock

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Search Tips
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?
REBUTTALS & REPLIES:
6Author 8Consumer 0Employee/Owner
Updates & Rebuttals

#1 Author of original report

Free Advertisement!? They'll try anything!!

AUTHOR: Dennis Schwarm - ()

Dave, now your using this to advertise and spread unless information rather than helping!!

AMZINGLY SAD!!

If you know so much about the company then have JUST ONE of those who LOST THOUSANDS of $$$$ and has been compensated for those losses....THAT WILL CONVICE ME THIS YOUR INFO IS LEGIT!!

Friends, PLEASE be careful if you get involved!! They are not in this to help you...but to take your money!

Need help in understanding all this?

CALL ME

Dennis Schwarm

pursuinghim@gmail.com

541 521 0826

Respond to this report!
What's this?

#2 Consumer Comment

James Smith / James M Smith

AUTHOR: Dave - ()

Those who have complaints and  grievances regarding INVESTMENTS AND FINANCIAL LOSS through James Smith / James M Smith can CONTACT JAMES M SMITH in PERSON and LIVE at the FINANCIAL SEMINARS listed under Workshops on the Lead and Succeed 2014 website.

http://www.successbusinessseminar.com/

all FINANCIAL classes are taught by James Smith

/ James M Smith. He will be available to meet with all of those who have lost money through classes and INVESTMENRS with James Smith.

the classes are listed with dates and venues on the Workshop Page. Any CHANGES to the NAMES of the FINANCIAL CLASSES may be tracked through the FACEBOOK GROUP and the SUCCESS SEMINAR 2014/ Lead and Succeed 2014 website.

the CURRENT NAMES OF THE CLASSES WHERE JAMES M SMITH / JAMES SMITH OF JAMESSMITHCOMPANY.COM AND JAMESSMITHSERIES / OG SMITH TEAM of Organo Gold will be AVAILABLE to meet is   

http://www.successbusinessseminar.com/workshops.php

Financial Edge and Finacial Freedom are the CURRENT NAMES. Changes to these names may be tracked also through ALL OF THESE Sites and the Facebook group.

James Smith ALSO has a OPEN GROUP on Facebook FAST TRACK TO FINANCIAL FREEDOM that has webinars and live seminars. 

James Smith Public Page on Facebook is

https://m.facebook.com/jamessmithseries?id=129794583857650&refsrc=http%3A%2F%2Fwww.google.com%2F&_rdr

joining this group will give access to all events where James Smith will meet all those who have complaints and grievances.

 

Orthank Gold Company events ALSO have James Smith / James M Smith available with OG Smith Team and James Smith Facebook Groups in the USA and Puerto Ricohttps://m.facebook.com/OgSmithTeam?id=350690801694418&refsrc=https%3A%2F%2Fwww.facebook.com%2FOgSmithTeam

Respond to this report!
What's this?

#3 Author of original report

AMAZING...THEY NEVER QUIT! BE AWARE!!

AUTHOR: Dennis Schwarm - ()

Dave, Why do you use this site and my report as FREE Advertisement SPACE FOR YOU?

Your action proves my point....the bottom line is MORE MONEY for YOU!!

People....BEWARE!

As I posted in my first report YES, this can work...but for who and how many...a FEW...and it's you're NOT one of the FEW then you become part of the MANY who MAKE THEM RICH....someone they don't care about after you've given them thousands!!

If you don't make it (after "investing" $40,000-50,000 JUST for training and mentoring) they BLAME YOU...WALK AWAY...and YOU LOST!

AND THIS IS TRUTH!!!!!

Doubt it? Call me!

Why do I have to be the one who calls.. I DID AND RECEIVED NOTHING...WHERE WERE THEY THEN???

DAVE, I'LL SAY IT AGAIN...YOU CALL ME...THEN WE'LL TALK. 

EVERYONE ELSE...STAY AWAY FROM THEM!!

Dennis Schwarm

541-521 0826

 

Respond to this report!
What's this?

#4 Consumer Comment

James Smith / James M Smith

AUTHOR: Dave - ()

Dennis : if you contact JAMES SMITH / JAMES M SMITH / JAMESSMITHCOMPANY. COM

you can share your personal grievance about FINANCIAL LOSS and BANKRUPTCY. 

James M Smith can be contacted in PERSON and LIVE at the Lead and Succeed Seminars ( listed on their website@

Successbusinessseminar.com

 

JAMES M SMITH also speaks and is available to meet with those who have complaints and have lost money through classes and INVESTMENT through James M Smith.

FINANCIAL CLASSES offered by Success Business Seminar / LEAD AND SUCCEED 2014 are listed under WORKSHOPS ON THE HOME PAGE.

 

Financial Edge/ financial Success / financial mastery or any other INCOME DIVERSIFICATION OR INCOME building class or FINANCIAL SEMINAR THAT IS TAUGHT BY JAMES SMITH IS LISTED UNDER WORKSHOPS and has James M Smith LIVE AND IN PERSON AT THE VENUE.

James M Smith will be at the Finacial classes listed under Financial Edge - under Workshops tab on the home page of the seminar website. He will be available to meet in Seattle Chicago Minneapolis and San Antonio in April and May.

 

for FURTHER information on contacting James M Smith:

James M Smith of Lead and Succeed / www.successbusinessseminar.com/ www.jamessmithcompany.com/ jamessmithseries/ OG SMITHTEAM.com/ James M Smith business person public page on Facebook/ Fast Track to Financial Freedom - an Open Group  on Facebook / Organo Gold Company Events listed on Organogold.com   /@jamesssmithlive/ may be contacted for any financial loss and grievances through these sites and LIVE and in PERSON at the Workshops listed on the Lead and Succeed Business Seminar / Lead and Succeed website at success seminar 2014 in Financial classes.

Dates and venues are listed on the Workshop page under FINANCIAL SEMINARS - Financial Success or Financial Edge or Financial Mastery. All Financial and Income Diversity and Fast Track to Financial Freedom seminars.

The next classes dates and venues are available through the Lead and Succeed website under Workshops and to the Fast Track to Financial Freedom Facebook OPEN Group members.

James M Smith of Lead and Succeed / www.successbusinessseminar.com/ www.jamessmithcompany.com/ jamessmithseries/ OG SMITHTEAM.com/ James M Smith business person public page on Facebook/ Fast Track to Financial Freedom - an Open Group  on Facebook / Organo Gold Company Events listed on Organogold.com   /@jamesssmithlive/ may be contacted for any financial loss and grievances through these sites and LIVE and in PERSON at the Workshops listed on the Lead and Succeed Business Seminar / Lead and Succeed website at success seminar 2014 in Financial classes.

Dates and venues are listed on the Workshop page under FINANCIAL SEMINARS - Financial Success or Financial Edge or Financial Mastery. All Financial and Income Diversity and Fast Track to Financial Freedom seminars.

Respond to this report!
What's this?

#5 Author of original report

So Dave...Do I get any back? Call and Tell ME!

AUTHOR: Dennis Schwarm - ()

So now "Dave" (whoever you are) responds with NO concrete information or hope! I lost over $40,000 and had to declare bankruptcy and still have one year left to pay that off. What will YOU or anyone do to help? I've read nor heard of anyone receiving "help" that restored loses or kept promises.

I was told there would be help until I was able to recover my "investment" (over $40,000) in Wealth Rock and James Smith Company. NEVER HAPPENED! Dave, YOU have my contact information...if you're serious contact ME.

I recieve at least one phone call a WEEK from individuals just like me who lost A LOT, tried like me to get help, and HAVE (like me) RECIEVED NOTHING!! DO NOT, I REPEAT, DO NOT PUT A DOLLAR INTO THIS....YOU'LL LOSE AND THEY WILL GET RICHER....which is their ONLY MOTIVATION.

CALL ME "DAVE" ...I Know I will hear from others.

Dennis Schwarm

(((phone number redacted)))

(((email redacted)))

Respond to this report!
What's this?

#6 Consumer Comment

James M Smith Contact Information

AUTHOR: Dave - ()

James M Smith of Lead and Succeed / www.successbusinessseminar.com/ www.jamessmithcompany.com/ jamessmithseries/ OG SMITHTEAM.com/ James M Smith business person public page on Facebook/ Fast Track to Financial Freedom - Open Group on Facebook / Organo Gold Company Events listed on www.Organogold.com /@jamesssmithlive/ may be contacted for any financial loss and grievances through these sites and LIVE and in PERSON at the Workshops listed on the Lead and Succeed Business Seminar / Lead and Succeed website at Success Seminar 2014 - in the Workshop - Financial classes. Dates and venues are listed on the Workshop page under FINANCIAL SEMINARS - Financial Success or Financial Edge or Financial Mastery. All Financial and Income Diversity and Fast Track to Financial Freedom seminars are with James M Smith. The next financial classes are in April in Seattle and Chicago. Dates and venues are available through the Lead and Succeed website under Workshops and to the Fast Track to Financial Freedom Facebook OPEN Group members. Contacting James Smith can be done live and in person at any of the venues.

Respond to this report!
What's this?

#7 Author of original report

Incomplete and UNLESS information

AUTHOR: Dennis Schwarm - ()

The "Owner of the Company" posted a rebuttal....BOGUS!!

Can't stop, Sam?

The info you posted has NOTHING that will help someone who lost THOUSANDS of $$$$$ to The James Smith Company!!

Oh, Here's an INTERESTING point....

When I first tried to post a complaint on this site (Aug 2012) it was rejected and I was directed to The James Smith Company. At the time they has an agreement that they would respond to complaints and RipOff Report would keep the negagtive info off their site.

When I was finally able to convice them my complaints were legit and The James Smith Company was doing NOTHING to correct the problem the complaint was posted. 

To this day The James Smith Company has done nothing...this post by "The owner of the Company" is bogus!!

Like I said....give me (us) YOUR contact info IF YOU ARE SERIOUS....but you're NOT!

Keep hiding....I'm not....CALL ME!!

Dennis Schwarm

541 521 0826

Respond to this report!
What's this?

#8 Consumer Comment

James M Smith's student / investor alert

AUTHOR: Sam - ()

Students and investors of James M Smith can contact the Securitis and Exchange Commission of Salt Lake City Utah regional office.

The students who have lost money through investments done on the advice of James M Smith can contact SEC ( regional office) Salt Lake City Utah. They are already investigating.

https://www.google.com/search?q=james+smith+armand+franquelin&ie=UTF-8&oe=UTF-8&hl=en&client=safari

Ponzi Took $12M of Victims IRA SEC Says

http://www.courthousenews.com/2013/07/03/59056.htm

https://www.google.com/search?client=safari&hl=en&ei=gUC_UunHMsLuoASYmoLQAQ&q=sec+armand+franquelin&oq=sec+armand+franquelin&gs_l=mobile-gws-serp.3...279467.287131.0.288706.22.18.4.0.0.12.939.6351.0j6j3j3j2j3j1.18.0....0...1c.1.32.mobile-gws-serp..16.6.743.lIFKR1OJyCc

James M Smith of James Smith Company, James Smith Series, James Smith Online, Speaker for Wealthrock

, speaker and sells Financial Edge Classes for Lead and Succeed , Success Seminar 2013 &

2014, speaks at the Financial Edge Classes and sells more classes there. Venues and dates are available on their website under Workshops.

James M Smith also leads the OG Smith Team.com that is a pyramid scheme for Organo Gold coffee.

Respond to this report!
What's this?

#9 Author of original report

NEVER stops!

AUTHOR: Dennis Schwarm - ()

@valentina7777 or SAM ... or whomever you are this is just a continuation to EXPLOIT those who have lost TENS of THOUSANDS of $$$$$ to sucker MORE into your/their lair!!

You say; "those who have grievances and want to share thrm (sp?) with James M Smith and his associates can post on this page along with attachments and photos."

Am I to believe something could actually be done to help? 

I've waited OVER 2 years, LOST ALL and have made multiple attempts to get help....never happened!

PLEASE don't use my efforts for your own benefits!!

QUESTION? Call me...I'm not hiding anything...unlike you.

 

Dennis Schwarm

541 521 0826

Respond to this report!
What's this?

#10 Consumer Comment

Contact James M Smith for Sharing Grievances

AUTHOR: Sam - ()

James M Smith has now got a public page on Facebook that has been started by @valentina7777 On December 24, 2013. Valentina Kanich of Largo, Florida is a new student of James M Smith and is helping people.

James M Smith is a Business Person on m.facebook.com/profile.php?id=129794583857650 on Facebook.

 those who have grievances and want to share thrm with James M Smith and his associates can post on this page along with attachments and photos. 

 

Please share your stories on this page and James M Smith can know what the problems are.

Respond to this report!
What's this?

#11 Consumer Comment

The James Smith we know....

AUTHOR: Donna A. - ()

Unfortunately, my husband and I were both scammed by wealthrock when we purchased several training packages before they decided to close the door.  We are very upset and disappointed with Wealthrock.  We learned James sold his company (which included the James Smith name) prior to any of this therefore it was completely out of his hands.   We have met James on numerous occassions (this last time being in Orlando in Sept) and find James to be genuine, sincere and have a heart for others.  I totally adore James and his family, what they stand for, and everything they have done to help us since the closing of wealthrock.  They were in no way responsible for what Wealthrock failed to follow through with but instead chose to help as many students as they could afterwards.....for free!!!  For those hurt and/or scammed by Wealthrock, I know how you feel, we have been there but please understand, before you throw the blame, understand who is REALLY at fault. 

If it had not been for James and his family providing knowledge to us over the last 2 years, we would not have been able to purchase our 10th property recently (6th free and clear btw).   

James, thank you for everything....and especially for raising such smart, gifted and brilliant minded sons, one of which has been teaching us for the past 2 years!!!

Donna and Erick A.

Birmingham, Alabama

Respond to this report!
What's this?

#12 Author of original report

But YOU CAN correct this

AUTHOR: Dennis Schwarm - (United States of America)

First, how can one be certain this is James Smith responding? Anyone can write for whomever on the internet. You have/had my phone number and quit responding about the same time Wealth Rock did.

I hear that his sale of the company might not have been what he wanted and lost a lot of money but precentage wise my wife and I lost more.

"His" statement that " I do not have a budget to do this" may be true in that he hasn't written anything into his existing budget but a person of his means has more than enough resources to make this right.

My wife and I had to DECLARE BANKRUPTCY in March because of a "guarantee" of staying and helping until the money "spent" for training, mentoring, etc. was earned back in sales WAS NOT REALIZED.

Up to this point we have had an EXCELLENT rating (we are in our mid 50's.)

I had several talks with James Smith at the beginning of my contact with Wealth Rock and he expressed what appeared to be a desire to help make my venture sucessful.

When a problem arose with the one doing my mentoring James helped in changing to a different "teacher" who actually was worse than the first.

When nothing was getting resolved I tried to contact James again for assistance and received NO RESPONSE.

I still hold to my belief that the REAL REASON for what James Smith / Wealth Rock or whomever does this may appear to be to  "help" but it is actually to MAKE MONEY.

This, and what James Smith does, is a SALES company and will continue to be one.

I may not have lost as much money as James Smith but actually MORE in how this affected my family and credit.

I receive weekly phone calls from people all over the United States asking about these programs and advise them to proceed with GREAT caution. At least I've been able to save MANY people A LOT of money.































Respond to this report!
What's this?

#13 Consumer Comment

Joe Johnson, not James Smith was in control

AUTHOR: BigBlue - (United States of America)

This link is the source of the article below: http://goo.gl/4zV6x

From James Smith:

As an investor who has been given the enormous blessing of being able to travel the world helping others learn how to conquer fear and achieve varying levels of financial success, I have worked tirelessly to give each person who meets me that which I desperately wanted early in my career; a financial pathway that inspires people to take action. My challenge, and equally my motivation, has been to incite a spark of belief inside of those who feel like they cannot overcome their circumstances and are bound to the failings of their past.Despite what some people might think, I do not run a large company with legions of employees; in fact, this company, the James Smith Company is comprised of me and my incredible assistant.

For all but 6 years of my speaking career, I have not owned the companies that organized the speaking events where I presented. I know my strengths (investing, motivating people, teaching) and my weaknesses (management, paperwork). I capitalize on my strengths and identify others who help me where I fall short. In real estate for instance, if it were not for my wife, mortgages and taxes would go unpaid, property managers would be unaccountable, and HUD-1's would be lost in a stack of clutter. My task has always been to work with people that I trust and believe in many times I am right, but sometimes I am misled.

In 2010, I was approached by Joe Johnson, who at the time was an executive at Get Motivated Seminars. I had partnered with Get Motivated Seminars for years and was confident that they employed good people. Joe Johnson propositioned me with an offer to buy Real Estate Investor Support REIS, the seminar company that I founded in 2007. He convinced me that by selling my company to him, I would be able to spend more time teaching others and expanding our message to international audiences. As I noted above, the dynamics of running a large organization simply arent my forte I wanted to be client facing, not employee facing.

One main deal point for me was the ability to oversee and manage the material that was taught to people who attended the new companys trainings.In January of 2011, Real Estate Investor Education REIE purchased all of the assets of REIS and Joe Johnson was now in charge. Initially the relationship between myself and REIE was excellent and I was glad to have trusted Johnson. This trust however would prove to be short lived. In July of 2011, Johnson started engaging in activity that violated my sale agreement with his company. I questioned him and attempted to make him adhere to our terms, but it was clear that he had a new agenda.

In addition to changing the name of the company from REIE to Wealth Rock, he stopped working with several of the instructors and trainers that I believed in the most. In addition to personnel changes, he stopped making payments to key creditors and boasted a sue me if you dont like it attitude. People sued. For months leading up to the final insolvency of Wealth Rock / REIE, good and honest people who worked for Wealth Rock and who believed in Joe, went unpaid. Selling my company to REIE nearly cost me the entire value of my company, which I had built up over years of work and sacrifice.Since Wealth Rock shut its doors, I have, at my own expense, held trainings that Wealth Rock students were allowed to attend at no cost to them.

I have hosted hundreds of students in San Diego, Marina del Rey, Dallas and Orlando. These trainings were merely designed to teach students the material that they paid Johnsons company for, but did not receive.This article is not written in order to garner sympathy for myself I do not need it. Even though my deal with Johnson has cost me a significant sum of money, the financial investments that individuals and familys lost with Wealth Rock / REIE was potentially greater in magnitude than my own. I merely want to clarify to the thousands of Wealth Rock / REIE clients that I have, and will continue to, provide you with as much educational content as I possibly can. I do not have a budget to do this; however, my mission when I started speaking was to help others. I deeply regret selling my company and am ashamed that I was misled. 
Respond to this report!
What's this?

#14 Consumer Comment

Make sure you direct anger at right person

AUTHOR: karenh - (United States of America)

My husband and I were also victims in the WealthRock bankruptcy.  We did take several classes but never saw the mentorship we had paid for.

However, I wish your complaint had not cited James Smith in the title.  James Smith sold his company well over a year ago.  Wealth Rock was not his.  He is being just as hurt by this mess as we are.

To me, he is the real deal and if he teaches a class, I would go out of my way to take it.  I am sad that so many postings on the internet include his name.  It does not deserve to be dragged down.
Respond to this report!
What's this?
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?

Advertisers above have met our
strict standards for business conduct.