In late February, Emergent filed suit on behalf of 164 former students of Armando Montelongo, a reality TV star who claims to have made hundreds of millions of dollars from real estate seminars that promise to teach people how to flip houses using no money of their own. See Forbes' coverage of him here.
Today, in response to Montelongo's argument that the case should be heard in Texas, instead of California, we filed an amended complaint demonstrating that Montelongo's seminars have been held throughout California and the Bay Area (including events scheduled in San Francisco, Oakland, and Santa Clara this very week) and alleging in detail how his business enterprise, "the Armando Montelongo Companies," systematically defrauds his students by selling them reckless, unlawful advice about real estate investing; takes advantage of the students’ trust to loot their retirement accounts; sells them properties at inflated prices without disclosing his stake in them; encourages them to pursue their real estate investments using his allies, who also victimize the students; and harasses those who speak out against him. The amended complaint is here.
We are proud to represent Montelongo's former students in their case against him. For more information about the case, contact us. This is attorney advertising.