This claim is 100% false. Veritas Prep will not even consider hiring someone to be an instructor unless they can provide written proof that they have scored in the 99th percentile (currently a 760) on the actual GMAT exam. Unlike other GMAT prep companies, we require that our instructor achieve this score on the real GMAT, not on one of our own practice
Also, you state: "Veritas claims it supplies 14 tests but they are all sourced from companies that are selling the software themselves." Every part of this statement is untrue. We supply all of our students with 15 practice tests, some of which come from third parties (only after being carefully screened by us), and some of which were developed by Veritas Prep. This is more than what any other GMAT prep company offers its students.
Veritas Prep's students average better than a 110-point score increase on the GMAT after taking our course, which is why we are able to offer the most generous retake policy in the industry:
Please compare this to other companies' retake/refund policies, which are either very consumer-unfriendly ("All payments made to Manhattan GMAT are nonrefundable, " says Manhattan GMAT's own web site as of this writing) or require you to pay a fee for the privilege of retaking a course.
Please contact us at 800-925-7737 if you would like to discuss this further.