I too fell for the Armando montelongo scam thinking it would build wealth for me and my family. After spending the initial $1497 to attend the first 3 day seminar, I realized it was just a ploy to lead into spending even more money to go on the bus tour.
Use your credit cards they said. Max them out and apply for more they said. Borrow money from your friends/family they said. You will be able to pay it all off once you go to the bus tour seminar and learn the investment strategies and connect onsite with lenders and investors.
I shelled out over $25,000 (not including travel and other expenses) and after all the smoke cleared what happened?
I had an excessive amount of debt and had to eventually file for bankruptcy, destroying my perfect credit. I'm all for a class action suit -- anyone else?
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