My father is a very nice man in many ways but he is and always has been a sucker for “get rich quick” schemes. He recently showed me his latest find, one of those quick flip, no money down real estate plans hawked on infomercials and in Holiday Inn seminars. Being the dutiful son I checked out the company on the internet (Ron LeGrand’s Cash-Flow Generator™) and found that while not a complete fraud it does grotesquely undstate the difficulties and risks involved in investing in real estate and it does so at a ridiculously inflated price. When confronted with the information my father asked if I thought it wasn’t worth the money and I said it depended on how much he spent. I was stunned to hear he paid $1500 for three work books (with CD audios) and a three day hotel seminar which is to take place starting the 27th of this month, and from what I’ve read this seminar is a high pressure sales forum for a $9000 boot camp program (where they really tell you the good stuff).
This brings me to my question, is there a chance in hell of getting a refund? He paid with a credit card and the issuer has told him that the charged had cleared and the refund depended upon the receiving companies policy. In the paperwork he received with the workbooks is a notice that he had three days to cancel his purchase, three days that ended the 30th of last month. The company is based in Florida and my father is in Ohio. Today I wrote a letter to the company requesting a refund and directions on returning the course materials and sent to by certified mail. I currently envision a nightmare of no refund and being forced to accompany my father to this seminar in order to wrestle his wallet closed should it ever come open. Is there any hope?