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Report: #1375504

Complaint Review: Rich Dad Legacy Education - Nationwide

  • Submitted:
  • Updated:
  • Reported By: Rojer — Orlando Florida USA
  • Author Confirmed What's this?
  • Why?
  • Rich Dad Legacy Education Nationwide USA

Rich Dad Legacy Education Rich DadLegacy Education Alliance Don't Trust What They Say Cape Coral Nationwide

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I was encouraged to sign up for Rich Dad/Legacy Education's Investment program. Although I did not have the money, nor funds to invest. Their representatives advised me that in only a few months, at age 59 1/2. I could use my retirement funds to pay the bills and invest. This was outright wrong. They set up a loan for me with a third party company.

Based on their representations, I foolishly went ahead. I was in the first of five courses, and had not begun the mentorship when I found the information was wrong. I asked for a refund. They advised, after three days, there was no refund available.

I repeatedly asked for some type of consideration but I was offered no redress. The company told me to take the remaining courses and mentorship or I would get nothing for my money. I completed the educational program that was absolutely worthless.

I contacted an attorney and was told I could not take them to court, I had to file for arbitration. I did with the American Arbitration Association. The AAA refused the case as Rich Dad had not kept current in their payments.

Read the fine print carefully. Do not trust anything they say. I learned the hard way by losing over $18,000.

 

This report was posted on Ripoff Report on 05/26/2017 08:19 AM and is a permanent record located here: https://www.ripoffreport.com/reports/rich-dad-legacy-education/nationwide/rich-dad-legacy-education-rich-dadlegacy-education-alliance-dont-trust-what-they-say-cap-1375504. 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

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