Complaint Review: Teach Me To Trade Star Trader Whitney Education Russ Whitney Unethic Business Practices...

I attended a 3days workshop with Star Trader on March 30th through April 01, 2006, for which I paid $99 on March 01 at the 3 hours free workshop.

Later I received another invitation on the mail from Teach Me To Trade, for which I attended another 3 hours of a free workshop, for which I enrolled and paid $399 to attend the Workshop held in Dania Beach at the Wyndham Hotel.

Before I enrolled, I asked if this company wasn't the same thing or related to Star Trader, since I wanted to make sure I wasn't going to attend the same workshop again, and I was told NO.

I attended Thursday June 15th and Friday 16th only, once I realized that it was the same company when the speaker started talking about the packages, programs and prices, everything was exactly the same thing as it was with Star Trader.

Since I wasn't interested in going through the same sell speech again, and since I was told something that wasn't the truth, I replied upset that same Friday at the back of the salon and I asked for a refund immediately.
I spoke with Daniel Araujo and he told me that he felt sorry for what I was told, and that he wished to refund me right away, but he couldn't do it from there since he said they had the credit card machines only to get payments, not to give refunds, and he gave me the phone # of the Company and told me to speak with Melody to get the refund.

I faxed to them a letter asking to get a full refund on my credit card for the $399 I paid.

They have a 3 days Notice of Cancellation on their receipt, but they said they have a policy that if you are not 100% satisfied with their services, you can call them to cancel anytime before the 30 days after the day of the purchase, which I did on the June 19th, and also I sent to them the same letter through e-mail just to make sure they were not going to say later they didn't get anything from me.

They use different company names to camouflage themselves and to mislead the public interested in a particular business, which in this case is Stock Trading, though they have real Estate Classes for which a read they have riped off other people too.

Then they use as a defense the right to cancellation during the 3 business days, but in reality that is not possible to happen when they have held the seminar much later than the 3rd business day, actually they held the seminar on June 15th through 17th.

I expected to get a real training and not a sell speech on where their only intentions were to suck more money from the public:
They have different packages, from $9000 to the ridiculous amount of $40,000!!!!

After I sent the letter through fax to them I called them up to find out if they had received my letter and they said they were going to contact me in 2 weeks to inform me about the process of my refund. Since I haven't heard from them, I decided to make them a call today, and I received as a response that they are not willing to issue me a refund!!!

I told them that I was going to continue forward with this dispute, and I threatened them to report them to the BBB (Better Business Bureau), to the CFTC (Commodity Futures Trading Commission) www.cftc.gov , to the FTC (Federal Trade Commission) www.ftc.gov, as well as the Attorney General's Office in my state and theirs. Also I threatened with going at every seminar they will hold and start talking bullshit about them.

They are a bunch of thieves that lye to the public, after this happened I was doing some research and I found this site with many sad complaints against them here...
This company should be shut down and they should be sent to jail.

Dolores
North Miami, Florida
U.S.A.