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Real estate mogul gets an 'F'

July 10, 2010 at 2:10 a.m.


By Alan Bligh

San Antonio real estate investor Armando Montelogo's website describes a rags to riches story and offers educational materials and seminars on investing in the real estate market with bad credit or with no business experience. The website promises tips on how to build up residual income and making millions in foreclosures. Consumers tell BBB a different story. Armando Montelongo Worldwide Inc. has earned a BBB rating of "F" due to failure to respond to consumer complaints.

Consumers allege the company made unauthorized charges to their accounts for materials they never ordered as well as misrepresented services provided in investment seminars. Several disputes allege promised refunds were never received. Remember to please check out any promoter that offers quick riches through a seminar or course materials.

BBB receives a good number of complaints against vendors who offer wedding services. Wedding disputes are unusually emotional, often complete with crying brides and mothers of brides. Wedding frustrations are irreversible. No second chances. Here are three horror stories I received:

1) "The cake was not what I ordered and did not show up until 3 p.m. in the middle of the reception. It did not have completely edible parts and one of my guests bit into a silver dot and almost chipped a tooth."

2) "The day of my wedding, there was no air in the building. People began to leave the reception and my wedding cake melted."

3) "I was married on May 18. I contacted the photographer in June regarding my wedding DVD and he stated he would have it ready by Aug. 18. I contacted him on Aug. 18 and he said it would be ready by Sept. 18. I attempted to contact him today and both his phone numbers are disconnected. I have paid in full for his services."

Three different companies were involved in these sad situations, but they had one thing in common. All had "F" ratings with the BBB when these brides hired them. Check vendors out with bbb.org before signing that contract.

Alan Bligh is the executive director of the Better Business Bureau in Corpus Christi. Contact him by e-mail at abligh@corpuschristi.bbb.org.

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