Skip to main content

Cookies on BBB.org

We use cookies to give users the best content and online experience. By clicking “Accept All Cookies”, you agree to allow us to use all cookies. Visit our Privacy Policy to learn more.

Manage Cookies
Share
Business Profile

Venture Capitalist

Spofford Media Group LLC

This business is NOT BBB Accredited.

Find BBB Accredited Businesses in Venture Capitalist.

Complaints

Customer Complaints Summary

  • 1 complaint in the last 3 years.
  • 0 complaints closed in the last 12 months.

If you've experienced an issue

Submit a Complaint

The complaint text that is displayed might not represent all complaints filed with BBB. Some consumers may elect to not publish the details of their complaints, some complaints may not meet BBB's standards for publication, or BBB may display a portion of complaints when a high volume is received for a particular business.

Sort by

Complaint status

Complaint type

  • Initial Complaint

    Date:11/13/2023

    Type:Service or Repair Issues
    Status:
    UnansweredMore info

    Complaint statuses

    Resolved:
    The complainant verified the issue was resolved to their satisfaction.
    Unresolved:
    The business responded to the dispute but failed to make a good faith effort to resolve it.
    Answered:
    The business addressed the issues within the complaint, but the consumer either a) did not accept the response, OR b) did not notify BBB as to their satisfaction.
    Unanswered:
    The business failed to respond to the dispute.
    Unpursuable:
    BBB is unable to locate the business.
    10/27/2022 - Paid $1,997.
    I signed up to your 'Cashflow is King' program specializing in section 8 on Friday 27th at 5:05pm EST.I spoke an agent by the name of Ramzi. In order to make the sale with me he made false statements about what was offered in your program. I asked specific questions knowing my own financial situation and what I was willing to invest in this program relating to total cash investment required from your 'private lenders' including closing costs and minimum credit score. Ramzi advised me that because your private lenders are aware of the section 8 program and how profitable they are, credit score is not relevant to them. He also advised that the total investment I would need to make per property is $2,500-$5,000 maximum. I asked if this included all closing costs and he said yes. The only private lender they have access to is 'HIS CAPITAL FUNDING'. This private lender requires 25% down plus closing costs and a minimum of 680 credit score.
    I confronted them on this but they only responded with did you try private seller finance. I already knew about seller financing and didn't need to pay $1,997 for this info. I only agreed to join to access their private lender information due to the highly favorable terms. Ramzey also advised if I was denied financing through their private lender I would be refunded. Not true. They lied to me and I want my money refunded. I requested refund on the second day after purchasing, as soon as I realized they hadnt been truthful about what they promised I would receive with this service.

BBB Business Profiles may not be reproduced for sales or promotional purposes.

BBB Business Profiles are provided solely to assist you in exercising your own best judgment. BBB asks third parties who publish complaints, reviews and/or responses on this website to affirm that the information provided is accurate. However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles.

When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints.

BBB Business Profiles generally cover a three-year reporting period, except for customer reviews. Customer reviews posted prior to July 5, 2024, will no longer be published when they reach three years from their submission date. Customer reviews posted on/after July 5, 2024, will be published indefinitely unless otherwise voluntarily retracted by the user who submitted the content, or BBB no longer believes the review is authentic. BBB Business Profiles are subject to change at any time. If you choose to do business with this company, please let them know that you checked their record with BBB.

As a matter of policy, BBB does not endorse any product, service or business. Businesses are under no obligation to seek BBB accreditation, and some businesses are not accredited because they have not sought BBB accreditation. BBB charges a fee for BBB Accreditation. This fee supports BBB's efforts to fulfill its mission of advancing marketplace trust.