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FIB - Scams 101
Posted By: Harvey L. Robinson Sr In Response To: Re: Miligroup (vinny)
Date: Tuesday, October 31, 2006, at 10:06 p.m.(pst)
In Response To: Re: Miligroup (vinny)
> It sounds interesting but the web site is a little vague. What is the
> business all about?
I know a little about Miligroup. But my knowlege is only a few weeks old, however, I have met the founder Mr.Cuong Do. He owns a home across the street from my brother-in-law(Archie). That home is supposedly one of at least 25 that he personally owns. This home is priced just over a million dollars in an area where homes range from 1 to 7 million dollars. Mr. Do seems to be a decent person, but that is a first impression. My searches for negatives have been fruitless thus far. I, like you am sceptical of the claims that they make when it comes to wealth building, but I am keeping an open mind, and I intend to take advantage of their offer to be trained in real estate courses. I am currently enrolled in a real estate class at Sierra College, with the intension of completing the block of 6 RE classes. My purpose is to invest money that I have saved up over time. Real Estate is one of the best ways to do that with the right support. So far I have attended 2 introductory classes at the Miligroup offices in Sacramento. I have decided to enroll in one of their Loan Officer Trainning Courses. The cost is $75.00 for a back ground check fee, and $75.00 for the course fee. I need to find out why the $75.00 fee if the courses are supposed to be free. I will keep you posted. My brother-in-law and my sister (his wife) signed associate contracts, back in March. My sister has her real estate liscense, and is now an agent for Miligroup. Archie is an associate and only has to re-take the RE axam to re-activate his liscense. I have 3 reasons for trusting that the Miligroup is not a fraud: 1) They are not requiring large sums of money as a condition. 2) I trust Archie and his judgement as he has substantial experience in the real estate market, and 3) I know where the owner of Miligroup lives.
For your own info you can go to the California Department of Real Estate website at www.dre.org.
I apoligize for the extreme length of this reply, but I understand your concern about this company and I hope that this helps you.
Sincerely, P.S. Feel free to contact me.
HL Robinson Sr.
Messages In This Thread
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