Tyaire Uxs
map-marker Salt Lake City, Utah

SCAM!!!!

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We bought in and it is a HUGE regret!!! The coaches are only there to gain as much info as they can about deals your doing so they can network the lead out and steal it. We actually set them up with a lead from a realtor friend and confirmed. We bought a year of coaching- paid extra for it, but the “system” shows no signs of us after 5 months. Robert K claims to be a teacher. He is not. He’s a theif!!! Go spend your money at the book store on financing real estate and get a better education. Do NOT put money into this program
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Katelynn S Byf

$700 For Hotel Mints & ***

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WtfI attended the free workshop with a friend. We knew that the "free" part would probably be something to get people to attend for their benefit. Which, it was since they were selling the 3 day seminar for a price of $701 (with tax). We were really interested with all the real estate investment strategies they were pitching at the free seminar. So, we fell for the trap and made a check for $701 to attend the 3 day seminar 196 miles away from our home. The first day of the 3 day seminar, we were welcomed and were introduced to the team manager, Dan, who used to study religion before joining the LE team. I've read other past reviews that they use a lot of "former pastors" and "church" stories to probably brainwash you to think they are good people. Also, we were told not to network with others. We were introduced to Lauri. I think I know more about her personal life than I do my own. The first day we learned about how to change our mindset to "do it". Along with all her travel stories, kids' life stories, and that she would be talking about 14 strategies in the following 2 days. So, we returned the next day. Day 2 was more of Lauri's personal stories in the morning. Why did we need to know about her writing a freaking book about Celtic fiction? Oh right, probably to sell that too. Then we went through the Elite Training Course Catalog. That's when we figured out that we paid $700 to hear Lauri brag about her "rich" lifestyle and her trying to sell the advance classes. The advance classes were not just another $700, but $19,000 or MORE. What did they tell us to do on the first night? See how much our credit card limit was and to expand it. Why? So the following day, they were ready to rip us off. Some poor older couples signed up. So there we go, that's how they become "rich" by praying on the desperate individuals who they successfully brainwashed. After lunch, Lauri talked about the wholesaling strategy for about 30 minutes. Then switched back to tell us that her cats have FDA passports. After day 2, we went back to the hotel to look up reviews. We watched YouTube videos and read different websites containing reviews that were almost scripted to what we were witnessing and that's when we decided to skip the last day. I had contact information with a fellow attendee and she said what we were exactly expecting. They skimmed over strategies and said they will not learn these strategies in depth unless they attend the advanced classes for a low price of $19,000 if you sign up that day. But if you want a mentor, it was about $50,000. Because who wouldn't want someone to hold their hand while they taught you real estate strategies? To summarize, we paid $700 (not including gas, hotel, or food) for an "education" seminar only to be told we would not be "educated" at that seminar. Scam.
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Loss:
$700
Cons:
  • Paying lots of money for very little useful information
  • Promises
  • High pressure sales
Reason of review:
Not as described/ advertised

Preferred solution: Inform Others

Suniti R

Most disappointing seminar

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So I took a day off from work , juggled numerous personal commitments like day care pick up etc to arrive at a seminar that boasted of experts besides Robert kiyosaki speaking on a range of topics. I must say it was the biggest waste of time and $250 to listen to fraud speakers sell their further programs. I came out after 8 hrs of zero take home message. Robert made brief appearances and simply repeated what he said in the first session. It was all about what you could learn if you did the next program
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Reason of review:
Bad quality
Jeff Q Llp
map-marker Cape Coral, Florida

Disgusting bait and switch tactics

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My wife and I are interested in getting into real estate investing. Since we are both fans of the "Rich Dad, Poor Dad" book, we figured this would be a great introduction to some basics. Boy was I wrong.

They promise to teach some principals of real estate investing, but most of the time is spent hard selling their mentor programs that range in price from $15k-50k. Most of the first day is spent showing you how to manipulate your credit cards for "free" money. The tactics, while not illegal, certainly dance in the gray areas of ethics.

The most appalling moment was when they passed out a sheet of "partner" lenders and had everyone in the class pull out their phones, go to one of their lenders sites, and apply for credit. They went so far as to encourage us to apply to multiple lenders to ensure everyone had access to the funds to further their "education" . This made me sick to my stomach and the pure sleaze of the staff made me want to take a shower once I left the class.

I'm a business owner and I understand that you need to take risks, including financial ones, to become successful. These tactics that Rich Dad Education employ are shady at best and borderline criminal at worst. They prey on those that are barely scraping by financially by browbeating them into sinking funds that they don't have into a program that is extremely vague in it's description.

I'm out $700 and feel completely ripped off. While being out the money sucks, it's more the flat out bait and switch tactics and preying on the desperate that I find more disgusting.

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Reason of review:
Bad quality
Valerie H Myf

Trevor Evans is an incompetent moron

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I just attended the same seminar. Trevor Evans is *NOT* an excellent speaker.

He is a narcissistic *** who has no idea what he's talking about. I know enough about the subject to know that several things he said were blatantly wrong. He has no idea how amortization works. I've written programs that calculate amortization tables and re-calculate it if you make pre-payments of your mortgage.

(Yes, Trevor, if you pre-pay, they do re-calculate the amortization table, they do NOT cancel the interest for the next month. If you had attended business school, you would have learned this in your very first managerial accounting class in the MBA program, as I did.)

Furthermore, he insulted people - even going so far as suggesting that one student was a bigot because he was on his phone. He said, "If my skin were lighter..." you might be paying attention. Personally, I was on my phone sending a complaint email to the company.

But you shouldn't blame the student if you are such a poor speaker that you can keep the audience engaged. Not only was he a poor presenter, but his attitude, preaching and misinformation caused him to lose all credibility within the first 2 hours.

It is a shame.

Rich Dad seems to have the best product from what I've seen among the competing companies, but I can't buy from them if this is an example of how they vet their instructors. Trevor Evans isn't competent to teach anyone anything except bigotry.

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Loss:
$500
Reason of review:
Bad quality

Preferred solution: Full refund

Anonymous

Bad Investment

My sister and I decided to attend the 3 day workshop. There we became motivated and pumped up to get out of the rat race.

After they guided us into opening a total of 5 credit cards to cover the 30k master program we began our journey of stress and started to see that they sold us a dream. The mentor assigned to come out to meet and help us do our first deal " came out and spent the whole time in a restaurant and cut our last day short so that he can take an early flight. Our online live courses where at times cut short and poor connections from the instructors side. Little by little we began to getting in a deeper hole financially trying to send out letters and do our marketing as well as travels for symposiums.

I feel that the program is over priced and they don't really give you what you pay for.

Its unfortunate that we made this wrong investment that will we be paying back for years to come. Many of our peers from the program feel the same way...

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Reason of review:
Not as described/ advertised
2 comments
Yvonda Ceo

We offer various levels of education based on each person's objectives. Many of our students have benefited greatly from attending our workshops.

You may browse through some of their experiences here: https://imgur.com/a/EDmWb. Cheers!

Guest

Completely agree. They do not care one bit about any single human being.

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Rajiv Ewd

Absolute Waste of Time and Money

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Rich Dad Education - Absolute Waste of Time and Money
Updated by user Sep 02, 2017

Unfortunately, I cannot get my money back but if I can help someone else to AVOID this scam that will be good enough for me.

Original review Sep 02, 2017
I attended the Rich Dad initial real estate seminar on 1/23/16 when it was in Las Vegas. This first meeting was free of course, to lure people in.

Several of the reps was there and they presented their history with the company to establish relatability with the audience. All information was presented enthusiastically, selling the possibility of success. The ultimate purpose of this was to upsell their real estate workbooks and weekend seminar, which was $300. I purchased the package and was intrigued to see what was in store at the weekend seminar.

After all, I was there to find out about real estate and $300 was pretty reasonable right?? To top it off, you are told that you can bring a guest free of charge (which I fortunately did not do). The seminar took place in a hotel conference room. Upon arrival, I was given a name tag (helps to disarm you when you are called by name).

The presenter was a woman who was touted as one of the premiere real estate investors with the company. I must admit that she was well spoken and confident. That's where the positives ended. The rest of the weekend was one prolonged infomercial to encourage you to "upgrade" to one of their premiere packages, which were anywhere from $20,000-$40,000!!

You were told that you would be a part of their inner circle. They were "considerate" enough to have financing information on site. The mind games never stopped....when an unfortuntate person bought one of their advanced packages, they would ring a bell and say "another eagle has gotten their wings." Seriously??? Then, to add insult to injury, we were informed that if we didn't upgrade to the premiere package, the real estate workbooks that we had purchased for $300 were useless to us!!!

Thanks for NOTHING. In a nutshell, I received no useful information and I wasted a weekend that I can't get back. What bothered me most was that they are preying on people who are genuinely looking for an opportunity to succeed in real estate. If they had access to the funds required for the premiere packages, why would they be attending these workshops???

Be aware if you attend, the Rich Dad people have their routine down to a science. You are being sold a lifestyle. The psychology of the group is utilized, talk of "eagles" getting wings, the rest of us "ducklings" supposedly left on the outside looking in. I lost respect for Robert Kiyosaki for being involved in an enterprise like this.

I encourage you to AVOID this at all costs. (I attached a picture of my USELESS workbooks ).
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Reason of review:
Bad quality
2 comments
Yvonda Ceo

Thank you for your comment. One of our top priorities is customer satisfaction and ensuring that each student receive a valuable return on their investment.

However, we are not always able to meet everybody's expectations. We invest heavily in our trainers to come out and share their expertise with individuals who are looking to learn about investment. We consider our education to be only as valuable as the effort that our students are willing and able to give. We offer various levels of education based on each student's objectives.

We wish you the best of luck and are here to provide lessons, techniques and strategies to whomever wishes to learn. Regards.

Guest
reply icon Replying to comment of Yvonda Ceo

You are scammers! You have lawsuits beyond belief and are still out there with your "Jason Jones" scamming money from poor innocent hard working people.....just wait to see what will come back to you. Karma baby!!!

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Tanea Pja
map-marker Auckland, Auckland

Extremely helpful

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I went to the 3 day training and found it to be really, really helpful. I asked lots of questions and had all of my questions answered in full. The trainers were clearly experienced investors who knew what they were talking about. I spoke to all of them several times tgroughoit the weekend and got to know their backgrounds and how they got started in property investing. Im a firm believer in copying successful people, so i copied them! I acquired 4 investment properties within my first 2 years, all positively cashflowing. This is just tge beginning for me. Despite my relatively small success in oroperty so far, i still get peopke trying to cut me down and call it luck or they still dont believe that being trained to invest has helped me invest well. Overly sceptical people are just negative people, holding themselves back but worst of all holding back anyone who they can get to listen to them! Negative people will always miss out on the best things in life even if they stumble upon them by chance, their negative nature grips them too tightly and theyre usually too proud to self-evaluate honesrly with themselves and then change course. It reminds me in a saying my mum sometimes says: you can lead a horse to water but you cant make it drink.
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Reason of review:
Good quality
2 comments
Guest

HiYou have only rated it 2/5 but say your happy? Would you be interested in sharing your experience? I would be keen to discuss more with you as I’m stuck in the middle with my opinion after the 3 day course

Yvonda Ceo

We value your feedback. Thank you.

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Sheralyn Lsi
map-marker Cape Coral, Florida

Do NOT purchase a package!

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I attended the 3 day seminar as a guest in the Houston area. I signed up for a package.

During the 3 day seminar they tell you it's not a training package that you purchase but a creation of income. He continued to stress the package will lead to a creation of income streams with examples. In addition, he says the Elite team members help you and show you how to do this using real estate investing as the vehicle. I've been signed up since September 2017.

So far I've taken two online training courses and I continue to get calls about attending more training courses. Nothing more! The training courses are late in the evenings. They run until midnight CT!

One of the trainers suggested I go to craigslist looking for rental properties and randomly call the owners to ask if they want to sell. This is what they call a lead on a real estate investment. I was also told to peruse other sites such as section8.com or look for section 8 properties in my area and call the owners to discuss if they want to sell. This is considered another lead.

At this point, I've wasted about $20k for someone to tell me to look in the newspaper, craigslist, etc. and call random home owners as leads for potential income. Elite is definitely selling training at a way too high cost. It should be free to tell folks such information.

I've gained nothing. My friend who attended as my sponsor, purchased a much larger package and has since been talked into purchasing add-ons. The total is upwards of $60K+ and the mentor suggested to call neighbors to see if they're interested in selling.

None of the neighbors have signs up for sale or rent. Don't attend the 3 day seminar and definitely do not sign up for a package!!

View full review
Loss:
$20000
Pros:
  • Guest speakers were friendly
  • Mindset
Cons:
  • Unfulfilled promises
  • Training class content
Reason of review:
Not as described/ advertised

Preferred solution: Full refund

5 comments
Yvonda Ceo

We offer various levels of education based on each person's objectives. Many of our students have benefited greatly from attending our workshops.

You may browse through some of their experiences here: https://imgur.com/a/EDmWb. Cheers!

Guest
reply icon Replying to comment of Yvonda Ceo

The link doesn’t go to a valid page... I attended your 3 day sales pitch and while I do believe an education is key.

I did not like your speaker as she kept shooting down any idea other than your way of making it... very rude.

Guest
reply icon Replying to comment of Yvonda Ceo

Ok, got the link to work finally. I still question weather all those comments are good ones.

Most are before the paid seminars. And my experience felt like a 3 day sales pitch which left me with “just enough info to keep me wanting more.” But I am already a real estate investor and could not see paying the 45k to maybe get more info. I already felt duped into the 3 day course. So after feeling burned once.

I did not feel comfortable forking over 10s of thousands more for the elite... not saying some others might not get enough info. True beginners might get what they pay for. This was not for me...

I am on my way to financial independence already and felt this was more or less scam. Again, was told I would learn to make money in real estate with the 3 day. The 3 day was a sales pitch for more classes.

Didn’t feel right. I’m a salesman and could smell the smoke so to speak.

Guest

I have made several attempts to contact Kristina of Legacy Education in relation to getting my refund as I was not able to attend the training, which by the way was cancelled way before the training, however no one has responded to my email. This does not seem like a legitimate training as they seem to be focused on taking your money for free. I will continue to pursue a refund and hopefully these people can refund me

Guest
reply icon Replying to comment of Guest-1401798

Have tou received any refund yet?

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Anonymous

Rude sales pitch

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Spent three days in a high pressure sales pitch with minimal usable content. Questions were answered with “they teach that in the next class” They were extremely rude and unprofessional to anyone who was not signing up for the $15,000-$70,000 Master or elite classes. Majority of the three days is spent telling you what they teach in the expensive three day courses. Once they know you aren’t going to sign up for the overpriced additional classes they are less than helpful at answering questions or helping you. Does not make me very confident that I would get any “mentoring” after they were done taking more of my money. It wasn’t completely a waste of time but I would say 30% useful content and 70% sales pitch. Rude comments to those who would ask more questions and expected some value for the money spent on the 3 day class. Blatantly told in response to more than one question that they wouldn’t answer the question, I would have to take the next class if I wanted to know. Would be much more effective if they provided valuable content for the money spent if they expect people to spend tons more money.
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Reason of review:
Bad quality
3 comments
Yvonda Ceo

Thank you for your comment. One of our top priorities is customer satisfaction and ensuring that each student receive a valuable return on their investment.

However, we are not always able to meet everybody's expectations. We welcome your feedback and should you wish to do so, ask that you please contact our customer service department by calling 800-570-2050 so that they may provide further assistance.

Guest

You failed to describe the nature of the business, how you came to be involved with them, what you expected, what you got, and how much it cost.

You have failed Complaining 101.

Guest
reply icon Replying to comment of Guest-1390720

Yourself and Rich Dad should be embarrassed if your response is on behalf of the company. It’s actually a perfect example of the kind of attitude you will receive from the company if you choose to invest a substantial amount of money with them.

I highly recommend to anyone considering giving this company, even a dime of your money, let this response give you some insight into how they treat the people who choose to give their earnings to them.

They will not be diplomatic, graceful, and definitely not accommodating, but rude, tactless, and hostile. Be forewarned.

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Lee G Wrl

3 Day Stock & Option

Well I went to the 3 Day Option Training Taught By Tim Justice ..Gentleman from Utah...Not to say he wasn't highly knowledgable-Certainly Is...But Mentor Wise...No Thanks...He was all over the map...Constant Prompts Note Taking...And I can guarantee by the End...Maybe ...Maybe 1/3 of the class knows what a short option put sell is..It was basically I'm Teaching a specific thing..Oh But here comes a philosophy....For a short time he had 22 yr old Jake teach who was spot on yeah & then Tim intervenes and takes over and it's like oh sh....

But irregardless..It's still an Expensive Only Trade My Way Or No Way operation...Trust This: You can take a $400 Day Trade Course at Investopedia Academy and get far better results without draining your financial swamp

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Reason of review:
Poor customer service
1 comment
Yvonda Ceo

We value your feedback. Thank you.

Anonymous

Scammed!

I was severely scammed by the rich dad company that changed names twice to avoid lawsuits and bankruptcy. They got me for $36,000 and I tried to get my money back. The saddest day in my life
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Reason of review:
Bad quality
Anonymous

My Refund

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I attended the Rich Dad free seminar and was impressed; impressed enough to sign up for the $500 three day seminar. I was given a a book, a folder, and a tablet on the spot.

When I got home, I conducted some online research and was surprised at all the posts saying that it was a scam. I also read that some consumers were denied refunds. I immediately decided that this wasn't for me. I contacted the "school" which operates in Florida under the name "Elite Legacy Education" and requested a refund of my 500 bucks.

They consumer has 3 days to request a refund. They instructed me to email a refund signed request sheet which was included in the folder I received. I did that. I was refunded about $300 of my money that week.

They also emailed a fedex label for the return of the book and tablet. The hitch here, folks, if you will not get a refund if the tablet's sealed wrapping has been opened. be opened. Thank God I didn't open it.

I returned everything in the same manner it was given to me. Elite emailed confirmation that the items were received and refunded the balance of my money a week later. So in total, the refund process took 2 weeks. I'm thankful for their professionalism.

The conclusion here is that you have to follow their refund instructions to the letter. Also, call them to confirm and clarify instructions.

I can't speak on whether the class itself is a scam. But they did refund my money when I opted out.

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Reason of review:
Good customer service
9 comments
Guest

Hi, I went through this course last weekend 3.1.-3.3 I sign in and put down $3000. They gave us 3 days to change our mind and cancel the cours with full refund.

I canceled Tuesday 3.5. Sent them email and mail as well.

So far no call or reply that they start the process. Hope they will refund me.

Guest
reply icon Replying to comment of Guest-1657780

They did refund the money! All good.

Guest

They don’t refund full money.

Guest

Hi all,May I check if a call or email is more appropriate for me to get the refund? I am situated at Singapore.Ur reply is greatly appreciated.Thank you.

Guest

I am not that lucky.

I attended a similar 3-day class in HONG KONG at a Shangri-la Hotel, Kowloon.

Apart from me, some six fellow classmates found that it was not a training class. It's a captive environment where you are bombarded with sale talk. And all around you, there are all these scary spies: Pretending classmates who are actual Legacy agents.

Despite our having voiced our grievances well before the close of the class, the Hong Kong Legacy first played stone ears to our complaint.

Then when faced with refund requests, their skin was thick enough to say that it has to happen on the first day of the course if refund request were to be entertained.

When we are buying was a training. To ask for a refund on day one, these actors have to be very bad ones. They actually didn't show their tails until a bit later.

Even though a couple of the other pretending classmates and SO-CALLED experience-sharing old timers (supposedly having taken the further mentorship programme that charges HKD200,000) and laughably-timed announcement that they closed a property acquisition that 'happened' to take place on the last day of the course (poor story script? one in a billion coincidence?) with the subject property being one that the presenters had been using as a real-life example?!!

Try asking those people their name. Oh, they don't have a family name or full name.

Everyone has only an Alphabet (not bad if it's Google shares): Lisa K. or Robert S. Obviously all of them fear that you could somehow check their facebook and found that they never exist. Not with that name.

Never was any example quoted given with real-life transaction DOCUMENTS. What kind of respectable training would lack such? Reason: They would only describe them because if they falsify transaction documents and present them, they would be charged with forgery. Nice job Mr General Cousel, Legacy Education.

The only Education I've got is to seek and pursue justice when people are pressured and conned into charging several credit cards to pay the course. Obviously, those gullible few will be hit not only with a big debt for the mentorship course fees: a fat hkd200,000 of it, but also a multiple thereof, being prohibitive interest expenses on charge cards. Doing further research, I found that Legacy tries to lighten the bad publicity and exposure on the web by creating paid "it's not so bad" "it works for me" web noise. Don't listen to these false claims that Legacy's poisonous NLP selling is benign.

NOTE: Do erase my comments here so that I can confirm that this lucky participant who got duly refunded is just one of those web-trolls.

Else, accept my apology and concession that you are indeed that lucky. Paul Z TSANG Hong Kong, China paulzhtsang@***.com

Guest
reply icon Replying to comment of Guest-1413916

I forgot to mention that the HK version costs nearly USD1,000. You guys got it cheap here in the States.

Guest

I have done this same thing and I have yet to receive my refund!! It is going on almost 4 weeks now.

It’s ridiculous and no one wants to get back with you. I followed the same procedure and got nothing back yet!

Yvonda Ceo

We value your feedback. Thank you.

Guest
reply icon Replying to comment of Yvonda Ceo

when it comes from HK Police, you will treasure mine.

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Anonymous

Rich Dad Education/Legacy Education Alliance may be selling data about their client's financial situation

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During a 3 day Rich Dad Education seminar on property investment we were asked to write down how much money we earn, how much we have in savings/investments/credit card balance/debt and other data about our financial situation, supposedly for "our strategy". They collected the papers with the data, but never used them during "strategy session". At the end of the seminar we were asked to sign a form allowing their company to use and publish everything we have written during the seminar. In this way, Rich Dad Education/ Legacy Education Alliance gets the permission to use and publish their client's financial data. They might be selling it to third parties as well. Be careful!
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2 comments
Guest

Well, that's not the end of it. The Elite Legacy staff in HK asked everyone to 'give comments' on a form, but ...

SURPRISE, on the back of the form there is a release statement saying that the signor will waive all rights to pursue in case anything untoward had happened with the training provided.

This kind of stealth is so telling.

Put up a brave face while you could, "Legacy".

But you will only leave one that means notoriety for years to stay.

Paul ZEE Ho TSANG

paulzhtsang@***.com

HONG KONG SAR, China

Yvonda Ceo

Good day. The practice you're describing is not one we implement.

We ask that you please contact our Student Services department by calling 800-570-2050. Thank you.

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Kainan Ibz

I paid $700 for a 3 day sales pitch

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I signed up for 3 day Real estate Investing course, that was only 30% basic information that you can find on your own and a 70% sales pitch to take their following courses that cost $10,000-$40,000. Save yourself the money and do not invest with this company.
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Reason of review:
Not as described/ advertised