Complaint: 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.
Tags: Corrupt Companies
Address: Nationwide USA