Posted by Mark Washburn on Tuesday, September 15, 2009 at 8:56:10 AM By Mark Washburn / September 15, 2009 Comment
The trail of false promises, scammed investors and deceit just never seems to end when it comes to Russ Whitney. His latest venture, Millionaire University is the subject of a class action suit filed by a group of scammed students. Basically, Millionaire University ran late night infomercials designed to lure naive real estate investor wannabees to a free seminar. At these seminars they convinced students to sign up for costly seminars and eventually over-pay for inferior new construction investments. Its scam artists like Russ Whitney, Samir Cabrera and others that have made significant contributions to the Southwest Florida real estate foreclosure mess. With the record sales that have been occurring over the past couple of quarters, we are digging our way out of this hole. Investors are finding some interesting opportunities with Cape Coral foreclosure properties and Fort Myers foreclosure properties.
Post a Comment
To post a comment about this blog entry, click here.