• Report: #402008

Complaint Review: Millionaire Academy

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  • Submitted: Tuesday, December 16, 2008
  • Last Posting: Wednesday, June 24, 2009
  • Reported By:Van Nuys California
Millionaire Academy
1201 N Pacific Ave Ste 202 Glendale California 91202 U.S.A.
  • Phone: 818-549 0423
  • Web:
  • Category: Seminars

Millionaire Academy Same Old Snake Oil for Homes and Units Glendale California


1Author 0Consumer 0Employee/Owner

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Millionaire Academy is the newest name for Homes and Units. For a while it was First Real Estate Team. But I guess too many bad reports under Homes and Units and Virginia Swanson has caused her to change the name again.
Also Virginia Swanson has changed her name to Virginia Kaufman. It's still the same old snake oil packaged in a new bottle. Search Rip-0ff for Homes and Units, Virginia Swanson. Also go see what the Better Business bureau has to say about Homes and Units. A big fat F

Homes and Units and Virginia Swanson promised to find properties to invest in that needed no down payment and would break-even or positive cash flow plus teach about investing in real estate. As I found out later there was no way she could have provided those properties in the California market. The reason for paying $5995 was to get into one of these properties not for a few courses which I found to be worthless.

Virginia Swanson also offered for $1000 fee, preconstruction properties that you could get into. The rent was supposed to cover the mortgage. I was one of the few who entered into escrow on one only to find out I would have been $400-$500 negative cash flow. Most of the other students never even got into one of these properties at all.

Also she is supposed to be the great real estate mentor but doing a title search on her house that she lives in reveals that it is owned by one of her students. Her daughter Tosca who is supposed to have brought real estate plus her own first house also doesn't own her own house either. It is also owned by someone who was in one of my classes. So much for the great real estate mentor even owning any.

I and several other people have taken her to small claims court and have won our cases. For all those who want to investigate futher go to the Glendale Courthouse or get it from the internet from the court and look at all the small claims cases filed against her

In fact I'll make it easy.
Go to this website. http://www.lasuperiorcourt.org/smallclaims/
and enter these case numbers and enter Glendale as the court.
Here are a few of the Case Numbers

05S00967
05S00656
05S00611
05S01069
05S00788
05S00890
05S01312
05S00751
05c04141

Pam
Van Nuys, California
U.S.A.

This report was posted on Ripoff Report on 12/16/2008 1:35:40 PM and is a permanent record located here: http://www.ripoffreport.com/seminars/millionaire-academy/millionaire-academy-same-old-s-6cj2e.htm.

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#1 Owner of Company

PAM KONYK TO BE SUED - MILLIONAIRE ACADEMY IS A COMPLETELY DIFFERENT COMPANY

AUTHOR: Legal Department Of Millionaire Academy - Glendale (U.S.A.)

PAM KONYK HAD A COMPLAINT IN 2005, 4 YEARS AGO, WITH ONE OF OUR EDUCATORS VIRGINIA KAUFMAN WHO OWNED AT THAT TIME HOMES AND UNITS NETWORK

MILLIONAIRE ACADEMY WAS FORMED IN JULY 2008 AND IS A COMPLETELY DIFFERENT COMPANY, DIFFERENT WEBSITE AND DIFFERENT TELEPHONE NUMBERS.

THIS IS SLANDER AND SHE IS WILL BE RECEIVING A LAWSUIT IN THE SUPERIOR COURT OF LOS ANGELES WITHIN A FEW WEEKS.

MILLIONAIRE ACADEMY HAS A VERY GOOD REPUTATION AND IS PROUD OF IT.

ALSO, VIRGINIA KAUFMAN HAS MANY SUCCESSFUL STUDENTS AND CAN PROVE THIS TO ANYONE.
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