In Touch’s latest investigation goes inside the HGTV show Flip or Flop stars Tarek El Moussa and Christina El Moussa’s real estate course and uncovers alarming new information.
Two In Touch reporters went undercover and attended the “free” seminar for their Success Path real estate investment training program on Nov. 5 at the LaGuardia Plaza Hotel in East Elmhurst, NY — which attracted approximately 130 people.
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Despite ads billing Success Path as “free” training, guests are immediately pressured into taking far more expensive programs — urging attendees to sign up for a three-day retreat with a tuition of $5,997 — or a discounted rate of just $1,997 if they signed up that day.
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The ads also make it appear like Tarek and Christina will be at the seminar, but they aren’t. At the seminar, there are only giant posters of the couple.
Multiple seminar attendees felt cheated and revealed that they were there after seeing an ad on Instagram inviting them to “join” Tarek and Christina that day. One guest said she “definitely” thought Tarek and Christina were going to show up, and muttered “d--n it” after the video announced they wouldn’t be.
“More than 50,000 people have attended our seminars over the past three years and there have been less than 20 complaints,” Tarek and Christina said in a statement. “People have gone on to change their lives and achieve their dreams using our models and strategy.”
But the complaints for this seminar are running rampant. The Better Business Bureau has fielded complaints, and online investing and other sites are filled with angry comments from people who attended the seminars. Grievances have been lodged against Zurixx, the Salt Lake City–based company that runs these seminars, which insists that most attendees are satisfied with the program.
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In Touch also discovered troubling tactics that include questionable math, too-good-to-be-true guarantees and high-pressure sales methods.
“The whole thing is a scam,” James Wise, real estate broker and co-founder of the Holton-Wise Property Group in the Cleveland area, charges. “They’re teaching a business plan that sounds appealing but it just won’t work. They’re giving false advice.”
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