- Report: #856278
Report - Rebuttal - Arbitrate
Complaint Review: Mentor Financial Group
Mentor Financial Group1332 Cape Saint Claire Road Suite 625 Annapolis, Maryland United States of America
Mentor Financial Group Peter Conti Who is actually training and who is learning? Annapolis, Maryland
*Consumer Suggestion: Verify to Validate
*Consumer Comment: Thanks J Smith
*Consumer Comment: More than meets the eye
*REBUTTAL Owner of company: We apologize for your experience
*Consumer Comment: Success With Mentor Financial Group
*Consumer Comment: president
*Consumer Comment: Follow Up to my previous observation
*Consumer Comment: Residential and Commercial Back Flip Programs
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defensive when asked about past successes and deals. I have recorded and saved conference calls
and training slides that prove their learn-as-you-go way of doing business. Jerry Norton conducted all the calls after Peter Conti bowed out after a few initial calls. Jerry Norton does not have any success in
commercial real estate. He is a residential fix-and-flip investor.
Even though I have real estate experience as an appraiser and loss mitigations specialist, as well as a legal and executive real estate assistant for many years, I became confused after following his instructions for many months with no success. To the contrary opinion of Jerry Norton, I subsequently learned that anyone viewing and handling financial documents with the intent of securing real estate mortgages (residential or commercial) MUST be licensed and bonded after passing a background check,
credit check, and educational training. The Banking and Finance must be advised of this illegal activity. Nonetheless, this opportunity is being offered to anyone with $997. If you do not have cash, as I did not, Peter Contis recorded PowerPoint presentation urges you to charge it because its such a great money-making opportunity.
This fee of $997 came with a money-back guarantee for 30 days. Then just before the end of the 30
days, I was presented with another guarantee. This guarantee promises that you will make $50,000 in 90 days or submit 3 deals within 12 months to receive a refund. The problem is that you will not submit any deals based on their requirements when the owners credit may already be below their required limit or their properties do not meet other requirements. This is just an area that Mentor Financial is not equipped to work in and should not pretend to do so. I will not be one of their guinea pigs at my own expense of time, money, and efforts.
I am truly sorry that it has gotten to this. I tried to receive help and answers several times to no avail; just a general non-committal reply or no answer at all. I wanted this commercial back-flip business to work more than anything. I established an LLC, studied hard, got business cards, promos, etc. I wanted so much to help business owners with income-producing properties to retain their investments. And I am a single mother and am working on making a good living for myself and child. But this pretense of expertise on the part of Mentor Financial Group is financially detrimental to all involved. Knowledge in one area does not give anyone or any company free reign to steal or abuse the trust of would-be investors and consumers alike.
This report was posted on Ripoff Report on 03/19/2012 03:00 PM and is a permanent record located here: http://www.ripoffreport.com/r/Mentor-Financial-Group/Annapolis-Maryland-21409/Mentor-Financial-Group-Peter-Conti-Who-is-actually-training-and-who-is-learning-Annapolis-856278. 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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