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2.7 24 Reviews

Rich Dad Coaching / Rich Dad Experts Complaints Summary

10 Resolved
14 Unresolved
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Rich Dad Coaching / Rich Dad Experts reviews & complaints 24

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1:02 am EDT
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Rich Dad Coaching / Rich Dad Experts Rip Off

I attended a Rich Dad Poor Dad Seminar. There were several promises during the presentation, including buying a mentor for three days at a mere cost of $24, 000.00. The first exercise is to go out and request the highest credit line from each credit card company to supposedly increase your credit score. They then spring the sales pitch, buy this, and we will help make you rich. I am a highly educated inpendependent woman but I know I have been ripped off. Within a week after purchasing this great mentor package, I receive a phone call from Rich Dad Poor Dad. They now offer me a coach to get me started for another $8, 000.00. That is when I knew I had been ripped off. Please don't make the stupid mistake I did and invest in ###.. I cannot believe the psychological rollercoaster the presenters get you going on. Good luck, Mciehel

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Boba lou
denver, US
Jun 13, 2018 6:55 pm EDT

Rip Off Rip Off Rip Off- Wife snuck $7000.00 out of our 401K and bought this Garbage unbeknownst to the family as one of her So Called Friends talked her into this.. She died within 6 months of this absurd purchase and left her 17 year old daughter, her 20 year old daughter and this family $7000.00 was taken away from us to pay our bills and her funeral costs.

I still have the CD's and books if anyone wants them at a Cut rate.. You'll only Lose half of what we lost and I would only gain half of what we lost...

Too good to be True? That says it all. as he becomes a Rich Dad, I became a poor dad ...

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plgdin
Bakersfield, US
Dec 12, 2012 10:13 pm EST
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I too attended the free seminar to purchase the 3 day at 299.00. That was a 3 day long sales pitch to get us to buy their "education". I did not sign up and am very glad because I have found the same information at much lower rates and even their website has a replacement called Connected Investors that offers the very same thing Rich Dad does and I got into the CI network for $7.00. I now have access to all of the same classes and a mentor if I want them. Rich Dad is making himself rich by ripping off the very people that can't afford it to begin with. If he was so confident in his education he would offer some sort of credit for the classes that could be paid with the knowledge you get from the training and being able to do the deals they praise so highly

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Maurice R
New Bern, US
Oct 24, 2011 5:21 pm EDT

I don't understand how adults can be told what to do with their money against their will. I have paid for the 3-day seminar and found it to be very informative. It was not ALL inclucive with the infomation provided but I did not expect it to be. It is funny to how adults will part with their money and cry about it to the whole world. But the same adults will spend money to go to college for 4 years at a cost of tens of thousands of dollars and not think twice with no guarentee of finding a job in their field of study or ever working in that field. Yet thats okay! Not to mention that many of the instructors in college and universities are professional students who have never been in the real world, in many cases, teaching 17 to 23 year olds theories that, in many cases, are out-dated. Yet thats okay! Now I have use the same $350 course to purchase a house that appraised at $187K for $135K after using the techniques I learned in the same classes you adults are complaining about. I have to admit that it took time to work out the details of all of the techniques but it is worth it when you understand what you are getting into. But I think that so many people are looking for something for nothing and then complain when they find out the really have to work. So forget about creating a lifestyle and just get a job and live paycheck to paycheck so you can feel good about impacting no one outside of your family. AND THATS OKAY TOO!

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lloydst
Henderson, US
Jul 17, 2011 4:09 pm EDT

I attended the FREE two hour seminar which, as I expected, was a pitch to get you to pay $199 for a three day seminar. Fine.

The three day seminar did offer tidbits of valuable information, but was mostly another sales pitch for enrolling in their advanced seminars at a cost of $11-66K. Ouch! They pressure you, using your children and their future as bait.

During this seminar, RDPD goes out of its way to discredit college and its ability to prepare you to get rich. Very true. At least when you tour a college they don't make you pay for it. The $199 should have been free. They operate much like a strip club. You pay to get in, you give the stripper a few bucks and she attempts to sell you a $20 lap dance. It destroys their credibility.

I'm sure the advanced seminars have much to offer, but the price? They claim you'll get return on the investment 100 times over. They claim they'll teach you how to enroll in the class without actually paying a dime. They claim to be millionaire philanthropists, explaining why a rich person would spend their time instructing others. If they were true philanthropists, the price of their classes would be much more affordable.

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Modats
Washington, US
Dec 09, 2009 12:52 pm EST

I paid to enroll for a 3 day training. I have had troubles with them since. The material sent to me was incomplete. The customer service sucks. My emails are unanswered. I can't believe I was tricked.

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Thalie
Quebec, CA
May 08, 2009 8:48 pm EDT

SOOORRY for You're RIP OOFF! Thanx Soooo Much I was About to enroll In this Thing! But My instinct voice Was Telling Me "NO!"
Some How..
When I ask the coach, What if Its a Scam? He Told me he cannot Anwser that!?! I Have To trust Some one One day or another... he Also said That,
If I think That Rich Dad, Poor Dad Is a Scam Why I'm I interested anyway!
I'm Happy I never send ANY MONEY To them...
Blessss.

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5:54 pm EDT
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Rich Dad Coaching / Rich Dad Experts Misleading Advertising Seminar

I attended a free 3hour conference last month that the radio advertised as ¨learn to be rich¨. In the conference they sold a three day seminar that would teach us what to do to ¨be rich¨. I bought the 3 day seminar for $495.00. They game a kit. I attended the 3 day seminar where I took a day from work. They provided some superficial information about real estate investing. The bottom line is they underlined ¨You don´t know what you don´t know¨. They spent most of the time talking about their advanced courses. The price for the advanced courses ranges from $14k to $65k. I don´t think it´s fair to pay almost $500 just to be told you need to buy their real product.

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1:06 pm EDT
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Rich Dad Coaching / Rich Dad Experts Education scam

I paid for a 3-day real estate training seminar (10/3/08 – 10/5/08) and what I got was a 3 day sales pitch on additional seminars. When the “instructor” was asked several times when we would be receiving training he stated that “you didn’t expect to receive detailed information on real estate in 3 days did you?”

A large chunk of the seminar was about success stories of people who used the additional training. The instructor talked a lot about the deals he has done. During a small chunk of the seminar he talked about his personal life, family, his weight loss success, etc. He talked a lot about the Cash Flow 101 game; also for sale. And attendants played the game several times during the “training”.

Bottom-line, this seminar is a sales pitch disguised as an education seminar. Don't waste your money.

I have contacted Whitney Education today and left a message for Rachelle Stokes; I have also faxed them a request for refund. No one ever called me back.

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Kim Trells
, US
Jul 29, 2017 8:58 am EDT

Lee Escobar is now 'working' for Than Merril's Fortune Builders.
Caveat Emptor!

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wwwwwww2
, US
Jul 03, 2011 12:14 am EDT

All of you people are COMPLETE IDIOTS for buying into these "get rich quick" lines anyway. YOU ALL DESERVE TO BE TAKEN YOU IDIOTS! HAHAHHAH

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Yelena Yelena
Lasalle, CA
Jun 22, 2011 2:52 am EDT
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http://www.cbc.ca/marketplace/2010/road_to_rich_dad/main.html

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Yelena Yelena
Lasalle, CA
Jun 22, 2011 2:51 am EDT
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http://www.cbc.ca/marketplace/2010/road_to_rich_dad/main.html

Check the video!

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Kim Trells
, US
Jul 29, 2017 9:01 am EDT

Page not found, no longer exists.

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Dave The Sucker
San Jose, US
Jun 18, 2011 1:11 am EDT
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SUCKER DAVE I AM. Lost $32K. THE PUPPET MASTER Lee Escobar uses the fact ( I think) he's a chaplin in army to gain your trust., Kept using god-like phrases. You are here for a reason, You have the Devine Right to borrow money.

May 2011: BBB "F" RATING http://www.workathometruth.com/blog/2011/05/23/rich-dad-seminar-warning/
I hope you all read this, cause they have to be stopped. Kiyosaki MUST be held accountable as he receives money and puts his name on it. I will continue to post as I gather my thoughts, lost dreams and self-esteem. Is there a group lawyer? I want to be added.
- Forced us to say OhYa after everything he said.
- Black list people if you don't sign up immediately. You CAN'T EVER ATTEND anything from them.
- Help U set up CC, so it will pay for ADV Training.
- FREE? I had to pay for $199 for the Free Seminar, so I could listen to the Upsell. Or else. THEY LIE!
- only 1 bathroom break a day to keep you in your seat listening.
- CANCELLATIONS: 3 DAYS OR ELSE YOU PAY! Interesting that they have a cancel form ready, cause they KNOW a % with cancel and thats ok, cause the masses end up paying anyway.
- Teacher put "L" in front of his forehead, SAVINGS & 401K plans are for LOSERS. Repeat After Me!
- Lee Escobar WON'T ANSWERS your questions, saying you are disruptive and STARES AT YOU UNTIL YOU SHUT UP OR LEAVE.
- Lee Escobar says hes a Chaplain and uses his preacher voice and claims he was sent here to help YOU!
- Actual Training over 3 days: 2 hours (NO QUESTIONS ALLOWED AT ALL)
...take the Cash flow game and copy the DEAL Cards and that's what they taught.
- Actual UPSELLING over 3 days: 22 hours
- Surveys ARE FIXED to make THEM LOOK GOOD!
Lee has a Mobile home park development in a binder. This binder was horrible, lacked content, was missing the plot location of the actual park, and ONLY showed you pictures of what a Mobile Home Looks like. JUST LIKE THE PEOPLE IN CANADA that went thru the 32 Million dollar SNOW-JOB. IF THIS GUY REALLY IS A MILLIONARE, these PROPOSALS would be Dynomite. A fifth grader did this as a class-room project. THERE WAS NO PLOT where it was going. HE MADE IT UP!
John T Reeds detailed list of why Robert Kiyosaki is a phony Huge list here, about 30 pgs. Even shows where the marines gave him a great Review even after he bashed the Marines
http://www.johntreed.com/Kiyosaki.html

- If Robert Kiyosaki & Kim Kiyosaki were sitting there, it would be a TOTTALLY DIFFERENT Seminar. OR WOULD IT? PLS MAKE THEM ACCOUNTABLE, their names are on the game cash flow and supports this group by receiving Millions of dollars.
When I go to Tony Robbins, I know I'm going for a motovational speach, here we are all Blind sided. We thought it was a Basic Training to Real Estate. LIARS!
- Warns against using Realtors for anything, DUH, caused most of its illegal.
- did you know every teacher has experience is Motovational speaching to church masses.

I may not be like LEE ESCOBAR (BENT-LEE), but atleast I have MY Morals.

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kpl
pleasanton, US
Jun 14, 2011 6:56 am EDT

I hope Kiosaki is forced to pay millions to all the poor people who got scammed on this garbage. I too went to this 3 day seminar only to be pitched the majority of the time for the 60k mentor program. All the while, the speaker was suggesting to max out our credit cards and even had the nerve to suggest our homework for the first evening was to call our credit cards and ask for increases to pay for the classes. I have sent a letter to my congressman and even notified our local police department. For those fortunate enough to read this prior to attending this scam, consider yourself lucky. For those who have already been ripped off I suggest you keep a copy of your receipt, credit card statements and a short journal of your experience as a class action lawsuit is already forming. Stay tuned.

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GG76
La Jolla, US
May 25, 2011 8:22 am EDT

My business partner and I went to the free seminar today and we were so disappointed in the sales pitch for the 3-day training. Granted, they had a "special" of $199 for two people...a huge discount from their regular price of $995 (and apparently something that is worth about $4000). I sat in disgust listening to the crap and all the kumbaya success stories. Gotta tell you though, the guy was so good that by the end of the free seminar I really was itching to sign up for the 3-day one. But my partner and I decided to sleep on it and discuss it tomorrow...well, after I read the comments here, there ain't gonna be much to discuss except for "Hell NO! we ain't going!" I am in no mood for dumb ### sales pitches and little if any valuable info. I probably will buy some more books though and just focus on those and other research I can do on my own. Like Red1969 said, THANK GOODNESS FOR THE INTERNET! AMEN TO THAT!

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Red1969
Thamesford, CA
Nov 23, 2010 4:49 pm EST
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I am glad I ran across this before I signed my husband up for the $995/3 day seminar. Thank goodness for the internet...I hate scams and scammers...

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KillYouFast
Sacramento, US
Oct 07, 2010 9:32 pm EDT

BrooklynGator is an idiot or a troll. People are looking for training, not attending a 3 day sales pitch. Suck my big fat one your loser.

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Steve McGee
, US
Jun 08, 2010 2:32 pm EDT

If Kiyosaki's wisdom and teaching were effective, why do his testimonials of success have the disclaimer of "unique experience" on them? Seems there are far more people who felt scammed than felt they got their money's worth.

I think Mr Kiyosaki learned all to well from the Amway scammers. You make more money selling training than you do selling a product.

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11:27 pm EST
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Rich Dad Coaching / Rich Dad Experts - False Advertising, Aggressive Marketing, Predatory Practices

I am writing this letter to make known a dishonorable and deceptive business is operating out of California and targeting credit worthy innocent citizens wanting to better themselves. In order to detail the events of how I was taken advantage of and am now facing serious financial harm, I will detail the story of what has taken place over the past few...

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