224 inquiries | Miscellaneous Business Opportunities
(800) 975-3712
http://www.richesin14days.com
Company Rating
F
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Complaint Experience
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Membership Information
This business is not a member of Business Consumer Alliance. This fact does not disparage the company in any way.
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BCA's Summary and Analysis:
Complainants allege unauthorized credit card charges and deceptive marketing practices. Customers complain after paying for the initial start-up package they are billed monthly the amount of $39.99 for a service they did not agree to. In addition buyers report despite repeated requests to cancel the company fails to acknowledge cancellation requests. A few customers allege they pay thousands of dollars for real estate or investment courses but fail to receive adequate training or mentoring services. Most complainants request refunds but are unable to obtain them without disputing the charges with their credit card company. Customers also complain despite cancellation efforts the company continues to place monthly charges on their credit or debit accounts. ~~The company responds to most complaints by advising that the complainant was able to obtain a refund by filing a dispute with thier credit card issuer. In other cases credits or refunds were eventually approved after BBB intervention.
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Company Info
This company sells information on wealth building opportunities in the real estate industry.
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Licensing
California law requires companies offering business opportunities to register with the California Attorney General pursuant to the SAMP ( seller assisted marketing plan) Act. Sellers of these plans must obtain a bond in an amount ranging from $50 000 to $300 000 or deposit the same amount of money into a trust account. As of our last verification on February 27 2007 we found no evidence of registartion or bonding for this company. For the most up to date registration information consumers may contact the California Attorney General by calling (916) 322-3360.
BCA has no information regarding government actions at this time.
This company offers information on wealth building opportunities in the real estate business via infomercials and various internet sites. Those who purchase the basic start-up package for $39.99 are eligible for a free 30 day trial of “John's Unlimited Access on Demand Hotline Advisory Service;†and John’s monthly TeleSeminars. The free offer is presented with a negative option cancellation clause. This means that if you do not cancel the free service within 30 days you will automatically be enrolled in the 14 Days to Real estate Riches Club for a charge of $39.95 per month.~~Usually materials sent with the product or service will allow a specified time period for cancellation and return without penalty or obligation. However many overlook pre-purchase advisories and are unaware of the charge until their next monthly credit card statement. In some cases consumers find they are unable to contact the company to arrange cancellations returns or ask for credit resulting in unauthorized credit card charges. Most credit card issuers will allow the cardholder 60 days to dispute an unauthorized or inaccurate charge. Review your monthly statement carefully. If you discover a charge which is unfamiliar investigate and dispute the amount with your card issuer as soon as possible to protect yourself from making unwanted purchases.
We know of no other matter or practice relating to this company that may assist you in your consideration of this company.
BCA has no information regarding advertising review at this time.
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