Optionetics is a RIP OFF

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Optionetics is a RIP OFF

Apr 19, 2008

Optionetics complaint

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My husband and I bought a package together and paid over $12,000.00 initially. The first class we went to we learned options basics but the advanced class was nothing but an expensive lunch. They mostly had some student speak about covered calls which they had spoke against in the first course. At one point George put a trade of his up on the screen and just said to everyone look at this trade and I said to my husband that taught me a lot. We then took the computer training class because we had paid for it in our package and we had the software and basically knew how to look up the trades already and that was all the class was on was searches for trades. At the end of the course they offered an Advanced GET course that at that point I told my husband you take it (we owned the software). The course was paid for in advance and they were trying to get enough people to have the course in Orlando so my husband wrote on the enrollment Orlando area only. When they finally set a date in Orlando for the course my husband had jury duty and could not attend I asked for the money back (since we had spent so much already) and they refused. I did not even think to dispute it on my credit card and they until this day have my $2495.00 and will not return it. I received a letter from Sean Stoney stating they would keep it for me to use when another Advanced GET class came to Orlando and it has been over 4 years and there has never been another course offered and they no longer offer Advanced GET. I recently spoke to Sean Stoney and he said since we do not offer the course you should have no problems when Maria who is the manager of customer service speaks to me they no longer offer a product and cannot provide the service she was like him on these matters and I should receive my money and he said that is why he is no longer in that department because of customers with disputes like mine. When Maria called me she gave me a point blank no on the return of my money. If a company no longer offers a product and therefore cannot provide a service they if they were a reputable company they would refund my money. Sean Stoney only made me think that I was getting my money back so he would not have to deal with the situation and that is spineless and despicable.

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Comments (3)

1. Written by Bob, on 23-06-2008 11:10

There are consumer protection laws that provide protection against the practice that you described. In many instances you can get up to three times your monetary losses including punitive damages and pain and suffering. Contact an attorney in your area who is a consumer laws specialist. Optionetics does not appear to be a reputable company and should not be allowed to deceive consumers.

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2. Written by Tom, on 19-06-2008 12:40

Who ever wrote this needs to take a few english writing courses.

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3. Written by Tim, on 16-05-2008 07:12

Optionetics is an over priced education on options trading. They make money educating NOT TRADING. Thankfully I was not taken by their scam.

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