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Updated over 9 years ago on . Most recent reply

User Stats

5
Posts
3
Votes
Jordan Ewert
  • Dearborn, MI
3
Votes |
5
Posts

Help! We invested $15,000 and believe we are getting scammed

Jordan Ewert
  • Dearborn, MI
Posted

Greetings everyone, I don't like that this is our first post to this website but I'm in a situation (similar to https://www.biggerpockets.com/forums/79/topics/185...) but thankfully we have only invested $2,000 for their 3-day boot camp and another $3,000 for a down payment on their advanced training. I don't want to mention the company name but I'm betting everyone here is smart enough to understand what's happening. 

I haven't paid the final $12,000 (we were given a "deal" for only $15,000 total as opposed to $42,000 by getting a few things a-la-carte instead). In two weeks we're suppose to go to their advanced 3 day in-the-field training and currently have access to their software (again, I don't want to mention the name just yet, but it actually does look like a really good tool I have to admit).

What happens if we don't pay them the rest? Payment is due in two days and right now they don't have any information besides my one card I used. What can they do to me if we just don't pay them the remaining balance?

P.S. This website looks amazing and I can't wait to get to know everyone on here. My wife and I are 100% invested in REI... I just wish we had discovered this site before we went to their free seminar.

Most Popular Reply

User Stats

160
Posts
76
Votes
Bill Regan
  • Investor
  • Clearwater, FL
76
Votes |
160
Posts
Bill Regan
  • Investor
  • Clearwater, FL
Replied

First off, welcome to Bigger Pockets. If you browse around and listen to some of the podcasts you'll find that a big reason Joshua Dorkin started this site was he believes in sharing information and hates those who try to scam new investors out of their money with get rich quick schemes. So, you are in the right place.
I'd call your credit card and have them cancel all transactions from your guru and ask for your 3k back. If you are really worried about it maybe get an attorney to call on your behalf and scare them?
Look around BP, listen to the podcasts, read some of the books and you'll be well on your way for free!

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