$
10,742,226.39
Resolved in Reported Damages.

Insiders Edger/Financial/PMI/Grants
Complaint 105939 Details

  • Date Occurred: 04/23/2012
  • Reported Damages: $15,000.00

As retired seniors not by choice, more than likely because of old age we were laid off of work. Who wants an old person to represent your company(clerical,salesperson,office manager). I am not a wealthy senior ,I am on social security benifets only. I saw an add on TV about Insiders Edge Financial. I attended and was sweet talked into joining because you need no money or credit,yet you can make this tremendious amount of money. This is so highly emphasied at the siminar. First siminar is free, but to really learn how to do this investing you need to attend the second sininar at a cost of $2000.00. Here Gerald Martin prances up and down the isle telling you about all the $8000.00 you will be putting into your pocket. He brags on about how much money he has made and tells everyone how we to can do it. "It's easy". After this session you must sign up now to learn how to become a millionaire.This was the one and only time you could do it.The cost of this siminar where I was to become a millionaire would cost $25,000.00. I told these sales people many times how poor I basically was. I was given the bargain price of $10,000.00. I am a senior getting $500.00 a month social security.They talked me into using my credit card, anyhow I would be able to pay in two months. They also said that if I did not have a credit card to borrow the money from someone. I fell for that gave them my card, no contract was ever presented until after our card was run. Then I was given a folder with papers and signed them I had been there over 8 hrs. How thrilled I was to be able to supplement my income.About a month later a group called PMI called and we got the same pitch on how we needed them (price $3000.00) and this was how we would make all this money because now we would have a mentor (David Whitmer) This whole investor thing ,they wanted me to do does not work. The home owners would have to be idiots to sell their houses for 60% off. Now six months later I have not been able to make this work. All the real estate workers I have contacted have such pity for me. They have tried to make it work for me. One real estate broker told me to look on the scam web and see what was on there about Insiders Edge/Financial.
I know this is a fraud/scam to a senior who now cannot pay the credit card, because of having to take care of my daily necessities (food,utilities etc.). As a senior I felt if I could make this investor thing work and I would still be independent.This company prys on the vulnerable seniors.

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User Comments ▼

  • raine
  • raine SBID #87614093b8
  • Posted 11/26/2012
  • I attended a weekend seminar with my husband, offered by Dean Graziosi, expecting to get the ins and outs on how to make money in the real estate game. It was so void of actual information. They man running it did not encourage questions being asked and my husband and I was left with more questions than we started with. We were told that all will be explained to us in more detail once we paid ($1,997) for classes and coaching. Coaching that was supposed to walk us through everything step by step and then the money was supposed to start rolling in. Yeah ok!!!
    What makes it even more confusing is that Dean Graziosi doesn’t even teach you himself. Coaching is turned over to a company called PMI. Who exactly are these people??
    My husband did some research and it Dean Graziosi does not have a very good reputation as delivering on his promises. He’s linked to Insider’s Edge and Insider’s Financial as well. Which these companies are all over as being scams. I just really wish my husband and I would have done that research before we ended up spending almost ($23,000) on absolutely NOTHING!!!
    No coaches have returned our calls and we are left with more questions and more regrets.
    I was on another complaint board and another woman was in the same boat as I am. She told me about this guy Russell she spoke with 260.357.2872. I’ve spoken to him on several occasions and he’s really helping my husband and I. we don’t have to pay any money upfront either. LOVE IT!!!!
    I’m tired of these companies like Dean Graziosi, PMI, Insider’s Edge and Insider’s Financial thinking they can just come around and take money from people who work so hard to make ends meet. I mean really??!! The whole purpose was to create a better and more secure future for family and they’ve done nothing but put us further in a hole that we are struggling to get out of.
    DEAN GRAZIOSI I PRAY YOU GET WHAT IS COMING TO YOU!!!


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Business Profile Summary

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Company Statistics

  • Complaint Against Insiders Edge
  • Complaints Filed: 30
  • Reported Damages: $293,658.00
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