Local channel ABC 27 just posted a story about "Real Estate Riches". The ads lure you in with a free seminar on how to invest in real estate, but that turns out to be a mere pep-talk promo for their paid program which would probably be a rip-off at any price but they charge thousands of dollars for it. You're supposed to fall for accepting the high cost because of the big money you'll supposedly be making afterwards.
Real Estate Riches Offer Too Good to Be True?
Here's a much more comprehensive exposé on the subject, from one of my favorite sites:
The "Real Estate Investor Seeks Apprentice" Signs
This scam is closely related to the proliferation of various "We Buy Houses" spam signs.
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