Complaint Review: Wealth Intelligence Academy - Cape Coral Florida
- Wealth Intelligence Academy 1612 East Cape Coral Parkway Cape Coral, Florida U.S.A.
- Phone: 800-570-2050
- Web:
- Category: Corrupt Companies
Wealth Intelligence Academy Ripped off with worthless classes by WIA ripoff Cape Coral Florida
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We first became aquainted with the Wealth Intelligence Academy in August 2004. We took several of their classes for Teach Me To Trade. Even though we took these classes, we still weren't provided with enough information to adequately trade stocks. We tried to muddle our way through but my girlfriend still lost all the money she invested. We just figured it was us and we were doing something wrong.
In 2006, we attended a seminar Whitney Academy held for foreclosures, and decided to attend to see what all it involved. We ended up spending $199 for a three day class in St. Louis, Missouri. During those classes, they provided just enough information to hook you into buying more classes. They gave you enough information to make you think that you could really do this, and that there was a big market for what they were teaching. They told you it was a win-win situation regardless of the market on housing.
We paid $8990 for two additional classes, with the first one being held in Cape Coral, Florida. During the three day classes, they provided us with personal information about their own dealing with the housing market, and how they came out of these deals as winners. We were told several times during each day how we needed the additional classes they provided to really succeed at foreclosures.
After this class, we decided it was just bull they were feeding us to get more money. They don't provide enough information in these classes to make you a success at what they are teaching. They make you think you can just jump out their and do it, but you can't. They say there are hard money lenders that are just waiting to lend you their money, but what they don't say is that if you borrow money from these people, you have only 6 months to sell the house and repay it.
We started our business like they said to do. We got an accountant and lawyer to look over the future business contracts and keep record of all future accounts, and all of this was for nothing. The housing market isn't going anywhere and what they taught us was just a bunch of bull. We are out all of that money because we fell for their pitch hook, line, and sinker and they took us for a ride. We tried to get some of the money back but they refused.
We contacted the BBB and were unable to get satisfaction that way either. We need help from someone, but don't know where to look anymore, or how to stop these people from ripping off anymore people.
Fleatlk
Berger, Missouri
U.S.A.
This report was posted on Ripoff Report on 07/30/2007 01:37 PM and is a permanent record located here: https://www.ripoffreport.com/reports/wealth-intelligence-academy/cape-coral-florida-33904/wealth-intelligence-academy-ripped-off-with-worthless-classes-by-wia-ripoff-cape-coral-flo-264170. 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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