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Clever Investor review: Real estate investing scam & fraud 16

C
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2:39 am EDT
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I have it on very good authority that Cody Sperber who brands himself with Josh Altman is getting indicted for a real estate scam fraud in Pheonix. The Pheonix DA is involved and a grand jury has been convened.

The only guy who is making money are not his clients but himself with his over priced software and real estate programs. Beware I know a lot of people who lost list a lot of money. This is a total scam and fraud. He will steal your money.

Any info email me at [protected]@gmail.com

This is a Fast Track to financial ruins investing with this guy.

Resolved

The complaint has been investigated and resolved to the customer’s satisfaction.

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The complaint has been investigated and resolved to the customer’s satisfaction.
Replied
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Replied
The company left an official comment to this complaint.
16 comments
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Jaay Bee
Port Moresby, PG
May 18, 2023 8:08 pm EDT
Verified customer This comment was posted by a verified customer. Learn more

Thank you for all your feedback and reviews! After watching their webinar, I almost was tempted to make a payment, but I thought to do further background research before actually making a payment..Now i know what I should rather do with the money i was initially thinking of purchasing this deal.

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joy stein
, US
Feb 06, 2023 8:07 am EST

To everyone whos lost some money to real estate scams , wire fraud , you can get back your money or get your funds recuperated by lodging a complaint to affliz @ tutanota com to get a chargeback and your money back from these scammer . if you've been scammed provide documented details of the transaction between you and the fraudster and you sure will get back your money i due time.i was once a victim too it took me two years to be able to get my deposit back

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Clever Investor
Feb 14, 2023 11:36 am EST
Replying to comment of joy stein

Hello Joy, I was unable to find an account with Clever Investor for you. We encourage all of our customers if they are unsatisfied with our products to contact our support team directly. All Clever Investor products and services have refund periods outlined in our Terms of Service which can be accessed on all our checkout pages, our website and upon request. Customers can request their refunds within the outlined times we will honor any and all requests, no questions asked. All refunds can be requested by emailing our team at support@cleverinvestor.com.

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Jerry Ingram
, US
Jan 31, 2023 12:16 pm EST

This guys company (Cody) is all about taking your money. I just asked for my refund. I spoke with a guy name Mark Dunlop who was very unprofessional and a disgrace. When asked questions he didn't know how to respond and just said to me check the website.

Please do not waist your hard earned money with this guy and YouTube should stop his informational commercials on their site. I will be reaching out to YouTube.

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Clever Investor
Feb 14, 2023 11:32 am EST

Hey Jerry, I see we have already resolved your complaint on Jan 31, 2023 1:01 pm EST but if you have additional questions or concerns regarding this matter please email support@cleverinvestor.com

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MC James
New York, US
Oct 20, 2022 8:24 pm EDT

I'm really surprised to read all these negative comments. I was really looking forward to learning how to flip houses. I bought into it. I guess I will just get the organized information and try to do something with it. I can only hope for the best. Besides, the money is spent and it's non-refundable. Did anyone request a refund and get it?

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Doneraki
, US
Oct 02, 2022 3:53 pm EDT

They have no "List of Investors" they are going to turn you onto, neither does another one of these big Guru organizations I worked with. They claim you run your deal/sale past these investors. I told them of a deal i had on the portal and no one ever called me back to hook up with the so called investors. No Email, No Phone Call. All they want to do is sell courses and upsell. No one has ever talked directly to Cody , or flipped a House with Him!

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Patrick Munce
, US
Aug 24, 2021 7:30 pm EDT

Inside Clever Investor, there are some good things and there are definitely some bad JuJu things.
I take no pleasure in this discussion.
I want to say that I think Cody is basically a person of goodwill. His systems' buckets and the strategies to apply when, where, and what to do really offer some good organizational sense and insight. In my opinion, Cody is genuinely likable, above-average intelligence, and a somewhat well-rehearsed video performer. I can't help but wonder why a person like Cody is risking destroying his reputation with this rogue's gallery straight out of a Batman comic book.

The most mysterious of all is the endless parade of strong and long associations and endorsements of presentations from known scammers, ripoffs, and convicted and unconvicted criminals are frightening and astounding, and all seem documentable.I can assure there are a whole lot more than the one below.

https:///link removed/

So while I have deep respect for Cody's abilities, I can't say the same about his lack of Judgement.

the real questions are: Is this a sad narrative of :
a) money splits and simple greed?
b) A compulsive risk-taker who wants the sensation of interviews with the Justice dept.?
c) Or Perhaps, it is simply a tale of "birds of a feather..."

Let's all hope things will improve for our friend and entrepreneur Cody!.
I will personally chant for Cody's higher nature and deeper progressive insight into his human revolution.

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KC1111
, US
Dec 05, 2019 3:46 am EST
Verified customer This comment was posted by a verified customer. Learn more

Thank you for posting your sons unfortunate experience. Cody slipped up and sent a picture of a “student” making money on a flip. The check is dated 6/16/2016. Why from 3 years ago? Also it’s a starter check all ripped at the top. I think they are fraudsters.

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Joyce Tze
, US
Jul 11, 2018 2:32 am EDT

Clever Investor: Beware Yet Another Real Estate Flipping Scam Rears Its Ugly Head Again...
I hope to warn other parents of gullible, eager-to-work high school or college-age students about 'Clever Investor'www.cleverinvestor.com, an Arizona-based get-rich-flipping-houses-wholesale scheme hawked & hyped toward naive young people all over social media (e.g. Facebook, Youtube, Instagram, etc).

Clever Investor's pitch is that they offer one-on-one personal mentoring advice on wholesale real estate flipping without a license. My son in college bought in to their misleading Facebook and Youtube ads filled with cheerleader "you-can-do-it-too!" upbeat promotions of a rosy lifestyle in real estate flipping and their exclusive mentored shortcuts to deals ("win big!", "game-changer personal attention mentoring!", "make millions & millions of $!", "work less hours & spend more time with your family!" etc..).

My son signed their pdf contract online and paid them $22, 000 (his tuition savings) toward a personal 'mentor' for 12 phone calls (works out to about $1, 800+ per call)! His mentor was in Chicago, so it was impossible that his mentor offered timely, relevant, specific real estate advice to my son who is in New York. It's a sad joke that my son had to go online to free Craig's listings for leads. Although my son tried desperately to pursue and follow up on almost a hundred leads in the winter and spring 2018, "Clever" Investor systems and mentoring did not help my son to perform any real estate deals.

There were sporadic mentoring phone calls (approximately twice/month) in which my son discussed very general strategies on the phone with his Chicago-based 'mentor', who was not at all familiar with the (town), New York real estate market. Therefore the advice my son received was useless, not timely, nor actionable. The very small amount of mentoring support was lacking in all respects. Clever Investor systems and mentoring did not help my son to perform any real estate deals successfully.

My son thought the material and products only gave him very basic real estate investing information, while Clever Investor constantly tried 'upselling' him on additional products. He found that several of the intro videos on the Clever Investor website are more about tugging on a customer's emotions (like claiming that the video will only be available for a short time, and that he shouldn’t share the link with his friends) than they are about providing real information about Clever Investor products. Ultimately, my son was talked out of $22K! Buyer beware.

It's too late for a refund for our family, but I hope you will investigate this organization's unethical promotion of their useless way-overpriced real estate 'mentoring' to other disaffected, eager-for-real-world experience young people on social media.

As a hardworking single mom whose son was upsold and tricked out of his savings, I am making it my mission to warn other parents about Clever Investor's get-rich-on-real-estate-flipping schemes... online, on social media sites, and warn all my friends to keep their kids away from this real estate flipping mentoring scam.

The Federal Trade Commission at www.ftc.gov might be able to go after them if enough people complain. Flipping houses is an old venue used to get people to think it is easy to do if they just pay Clever Investor for a lot of educational material. It is rearing it's ugly head again after 10 years since others were tricked in the economic collapse. As home prices go up, more people are being attracted to these schemes.

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EzraMN
, US
Nov 01, 2017 7:26 am EDT
Verified customer This comment was posted by a verified customer. Learn more

This guy is out of his mind. I am in a mastermind group with Cody and Dean Graziosi. This guy has more tips that. Anyone online or anywhere. I am not a first timer. I am not a pro like Cody but I've sold over 200 houses as wholesale deals in my life. From the minute Cody started sharing I started learning. Its up to you if you use his tips or if you want someone else to do the work and pay you. You have to work to make money and you have to work smart. This guy with the comment is a bum and always will be a bum so he yells at Cody because he didn't get rich eating cheatos on the toilet. If you want to get into wholesaling properties there is no one better than Cody to learn from

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Mickey M
, US
Dec 05, 2017 10:12 pm EST
Replying to comment of EzraMN

See the truth yourself! Do not attack other people who are trying to fight back!

I had bad experience with these guys! Do not go to them, do not sign anything with them!

Absolutely not worth the money. Wholesaling is what they teach; however they will not tell you even after you paid big bucks to them. You can only find out as you go, definitely the stuff you can look up on the internet, do not need to pay.

They count every minute they talk to you towards mentoring, even setting up the account or system whatsoever.

These are just show men, nothing is as easy as they say or worth the money you pay. Cody Sperber wouldn't teach you how to do the wholesaling, he just show up for the beginning, then the rest is up to the people he hire to talk to you over the phone. Most of the stuff is to motivate you rather than teaching you solid knowledge. Even there is "knowledge", not worth the money you are paying. Not $30K, not $20K, not $5K, not even $1000.

The seminars are very misleading, you would think you will get involved with all they presented in the seminars, actually just a small portion--wholesaling at a high cost to you.

The structure of the so called instructions will end up with around $250/hour from your hard-earned money, more or less.

You can just invest 5-10 good books to read if you are serious about real estate, why thousands of dollars to these con men. The right books teach you everything.

When you only pay $250 for good books, or $200/hour for a real estate attorney or expert for a solid consultation, why paying some mediocre sales man on the phone?

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Ken Orcutt
, US
Apr 13, 2021 11:31 am EDT
Replying to comment of EzraMN

You work for Cody don't you.

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Todd E Miller
Tucson, US
Sep 06, 2022 3:51 am EDT
Replying to comment of EzraMN

You full of [censored] dude..He trains with investing material you can find for free on the internet and when I joined his program I was told that they would build my website with my logo and company info and my mentor explained how he lied on his post cards to entice folks. I got covid right after signing up and I realized what I was told was not true, I reached out to customer service and never ever got a response, I asked if my money could be partially refunded or possibly rolled over to a program that really worked for me..Crickets..no response EVER. I am filing a complaint with the BBB and Arizona Attorney General. PS I met his son at the event "Free House Formula" where I got covid and destroyed my business for the last part of 2021 and beginning of 2022 and he was a little punk [censored]. I will not share what that brat said to me. Father like son..I told investor group I got covid and could not be a part of the 6 week program I signed up for and all they did was ask me for 5K more. I WILL NEVER DO BUSINESS WITH HIM AGAIN.

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Abdusshakoor SAAFIR
, US
Aug 18, 2023 4:22 pm EDT
Verified customer This comment was posted by a verified customer. Learn more
Replying to comment of EzraMN

How much money have you made with Cody?

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ElisaDCI
, US
May 09, 2017 11:16 am EDT
Verified customer This comment was posted by a verified customer. Learn more

There is no truth to this whatsoever. Please read all our reviews to find out what our customers really think. We've reached out to this person with no response, so they are obviously just attempting to hurt our name for some reason.

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Mickey M
, US
Dec 05, 2017 10:11 pm EST
Replying to comment of ElisaDCI

I AM WITH YOU!
See following, I am trying to put this on all kinds of forums.

I had bad experience with these guys! Do not go to them, do not sign anything with them!

Absolutely not worth the money. Wholesaling is what they teach; however they will not tell you even after you paid big bucks to them. You can only find out as you go, definitely the stuff you can look up on the internet, do not need to pay.

They count every minute they talk to you towards mentoring, even setting up the account or system whatsoever.

These are just show men, nothing is as easy as they say or worth the money you pay. Cody Sperber wouldn't teach you how to do the wholesaling, he just show up for the beginning, then the rest is up to the people he hire to talk to you over the phone. Most of the stuff is to motivate you rather than teaching you solid knowledge. Even there is "knowledge", not worth the money you are paying. Not $30K, not $20K, not $5K, not even $1000.

The seminars are very misleading, you would think you will get involved with all they presented in the seminars, actually just a small portion--wholesaling at a high cost to you.

The structure of the so called instructions will end up with around $250/hour from your hard-earned money, more or less.

You can just invest 5-10 good books to read if you are serious about real estate, why thousands of dollars to these con men. The right books teach you everything.

When you only pay $250 for good books, or $200/hour for a real estate attorney or expert for a solid consultation, why paying some mediocre sales man on the phone?

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MC James
New York, US
Oct 20, 2022 8:25 pm EDT
Replying to comment of Mickey M

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