FIB - Scams 101

Re: Prosper Rapes Families Finaincialy

Posted By: Darren
Date: Monday, July 26, 2010, at 12:07 a.m.(pst)

In Response To: Prosper Rapes Families Finaincialy (John C)

>> >> Does anybody know about a company in Provo, UT called
>> Prosper, Inc.?
>> >> They seem to be the common "mentoring" source for a
>> number of
>> >> clients including; Adam Mesh, Robert Allen, Donald Trump, Ken
>> Blanchard,
>> >> John Cummuta, Stephen Cooper, Dean Graziosi, David Bach,
>> Stephen Pierce,
>> >> JJ Childers and Shawn Casey. All of these clients offer
>> programs in
>> >> anything from Stock Market investing to Internet Marketing
>> & Sales to
>> >> Real Estate to Debt Management. Some of them lure you in with
>> an
>> >> inexpensive "starter" package of either CD's &
>> booklets or
>> >> direct download files via the internet for around $39.95 on
>> their
>> >> websites. The "hook" is when they tell you that you
>> may be
>> >> qualified to participate in a special mentoring program and
>> ask you to
>> >> fill out a profile on line; including your name, e-mail &
>> phone#. Of
>> >> course, you get a response back from them telling how you
>> seem to fit the
>> >> profile of who they want to work with and the put you through
>> 2 phone
>> >> interviews. When it's all said and done they offer 3
>> different packages
>> >> ranging from $2650.00, all the way up to around $11,000.00!!!
>> When you
>> >> complain about the outrageous amount of money they're talking
>> about, they
>> >> tell you you have to learn to leverage your credit. Don't use
>> your credit
>> >> cards for shopping, use the available credit to pay for their
>> mentoring
>> >> program and take control of your own future. They assure you
>> that if you
>> >> "do the math" you won't have any problem earning
>> enough week to
>> >> week to pay off your credit card over that first year and
>> then from then
>> >> moving forward all your earnings will be profits! Everything
>> on Prosper
>> >> seems to check out... they have earned awards from Ernst
>> & Young, have
>> >> been acknowledged in U.S. Business Review etc... but I just
>> don't trust
>> >> it.

>> Several people have done good detective work on Prosper Learning.There
>> are suspicions that for the U.S government have started to poke around to
>> see if they can find out why the BBB favors them and much more. One lawyer
>> may be getting an former executive to help with our suit.

>> O, the mystery and intrigue of this Prosper soap opera continue. I
>> will post major updates in the comments section of this article if and
>> when they become available.

>> Contact your local Attorney General's office.We did in 30 states.

Prosper is a complete rip off. The sales people make you feel like you can make all the money back you "invest" into their education. The truth is that they have carefully crafted their legal agreements you agree to at the time you enter the program. Once you have been in the program for three days there is no way they will give you your money back. They may give you a few more coaching sessions or maybe switch you to another one of their programs, just to make you happy. But after you continue on, you realize what a rip off the whole company is. They get their success stories early on in the coaching program - sometimes within the third or fourth meeting. Then, once the student gets further in the program they realize they truly will never make all of the money they invested. Prosper does coaching for a lot of big gurus in ecommerce, real estate, personal finance (John Cummuta), etc. Basicially, their coaches are like cheerleaders. If you want to pay 2k - 11k to have someone cheer you on, then go right ahead. Otherwise, take $100 and go buy some books at the bookstore or better yet get the info free from the library and do the work. You'll be smarter for it, and you wont be in debt for the cost of their tuition. Believe me people, this company is very good at giving you a good impression that is false. Their sales people are very slick and will pressure you like none other to make you feel like you "must do it" and that "this opportunity will never return again". They act as if its a honor to enter the program and that you will "need to get approved to enter the program". Its total B.S !! Dont fall for it!!

Messages In This Thread

• Prosper, Inc.
  Bill C. -- Thursday, March 12, 2009, at 8:23 p.m.(pst)
  • Re: Prosper, Inc.
    Dennis Bevers -- Thursday, March 12, 2009, at 9:33 p.m.(pst)
  • Re: Prosper, Inc.
    jimg -- Friday, March 13, 2009, at 6:50 a.m.(pst)
  • Re: Prosper, Inc.
    A Current Prosper Inc student. -- Monday, September 21, 2009, at 12:55 p.m.(pst)
  • Prosper Rapes Families Finaincialy
    John C -- Thursday, June 10, 2010, at 10:27 a.m.(pst)
    • Re: Prosper Rapes Families Finaincialy
      Darren -- Monday, July 26, 2010, at 12:07 a.m.(pst)
      • ADMIN! Re: Prosper Rapes Families Finaincialy
        Dennis Bevers -- Monday, July 26, 2010, at 2:54 a.m.(pst)
    • Prosper Learning AND OTHERS "Called Into Question"
      Beschermer -- Monday, August 23, 2010, at 9:09 p.m.(pst)
      • " Prosper Learning ", Prosper, inc., Prosper corp AND OTHERS "Called Into Question"
        PRESCOTT JR -- Saturday, September 11, 2010, at 10:17 a.m.(pst)

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