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How the ‘Real Estate Workshop’ scheme worked — and how consumers can spot similar scams

September 27, 2024 | Utah Attorney General, Utah Judicial Branch, Utah


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How the ‘Real Estate Workshop’ scheme worked — and how consumers can spot similar scams
Radio advertising and in-person pitch events were the primary recruitment method for the scheme known as "Real Estate Workshop" (REW), guests on "Legally Speaking" said. Listeners were invited to free seminars on tax-lien investing, then offered a three-day paid course and, later, expensive mentorship packages.

Guests described a common funnel: an initial free preview event followed by a roughly $600 three-day course and then an upsell to advanced training packages priced in the tens of thousands of dollars (transcript range given as about $29,900 to nearly $50,000). Speakers said REW used limited-time discounts and other sales pressure to induce purchases.

The guests also said the defendants adopted the business name "government tax lien network" and used a bald-eagle logo to look like a government program. Officials told the host that some mentors promised one-on-one, in-person coaching but were unqualified or failed to deliver promised services after consumers paid large sums.

Officials and the host described consistent consumer accounts—30 or so complaints to the Division in early stages and later many more—that formed the basis for investigation and litigation. The Division advised consumers to be skeptical of offers that promise large returns with little work and to ask why someone selling a supposedly lucrative business would instead teach hundreds of competitors.

Practical steps offered by the Division included checking whether a business is registered with the Utah Division of Consumer Protection and calling the Division with questions; the transcript lists the Division website as dcp.utah.gov. Officials urged consumers never to be pressured into maxing out credit lines, tapping retirement accounts or using college funds to pay for a business training product.

The Division cautioned that similar scams appear in real estate, cryptocurrency and other "done-for-you" business models. The guests encouraged anyone with concerns to contact Utah DCP for help and to preserve documentation of communications, receipts and marketing materials.

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Scribe from Workplace AI
Scribe from Workplace AI