WESTMINSTER, Colo. (CBS4) – The Colorado Attorney General’s Office has joined the Federal Trade Commission in suing a Westminster-based company that teaches people how to get rich quick.
The Dalbey Education Institute has run infomercials on TV for nine years. It offers to teach people how to make money in real estate without ever having to buy, sell or invest in property. The course is called “Winning in the Cash Flow Business.”
In a lawsuit filed in U.S. District Court, Attorney General John Suthers and the FTC allege deceptive trade practices and that very few customers actually get rich from the program.
“We have thousands of happy customers. The government has made a mistake and we look forward to our day in court,” Dalbey Education Institute CEO Russ Dalbey said in a statement.