Complaint Review: Armando Montelongo Seminars
Armando Montelongo Seminars Deceptive Trade Practices San Antonio, Texas
By using Deceptive Trade Practices the 3-day Seminar Attendee's are bombarded with Success Testimonials from previous seminar students. What they don't tell you is that these students are in a program called the Master Mentor Program, which is not offered at the 3-day event, but is solicited to the students at the Property Flipping Bus Tour. This is a guaranteed house to flip program for an extra $25,000. This program then matches participants with investors and they are guaranteed a flip.
I attended the 3-day event in Denver, May of 2011. I signed up for the top program they offered at the event which was the Diamond Elite Membership. Not until the last day of the Property Flipping Bus tour was I solicited for the Master Mentor Program. I was told for $25,000 more I could be guaranteed a successful house to flip and split the profits with an Investor lined up by Armando Montelongo Seminars.
In retrospect, I thought that the people in the testimonials were average students like me that attended the bus tour. But they are not. They have paid extra for the opportunity to get a guaranteed flip. With over 400 people attending the bus flipping tour and only two or three real estate agents, hardly anyone who does not pay the extra $25,000 can even bid on a house.
I feel I was taken advantage of using Deceptive Business Practices.
This report was posted on Ripoff Report on 02/11/2012 01:00 PM and is a permanent record located here: http://www.ripoffreport.com/reports/armando-montelongo-seminars/san-antonio-texas-78247/armando-montelongo-seminars-deceptive-trade-practices-san-antonio-texas-837631. 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. READ: Foreign websites steal our content
If you would like to see more Rip-off Reports on this company/individual, search here: