Question:

Is HEIR.CA a scam?

by Guest3148  |  earlier

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Is HEIR.CA a scam? i really need to know, i have been scammed before and its about time i do some research before i part with my money.

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  1. Guest23263594

    For the person seeking the link to the OSC court proceedings naming HEIR:

     

    http://www.osc.gov.on.ca/en/Proceedings_soa_20110329_heir-home.htm

  2. James Augustus

    According to bizinformation.ca., www.Heir.ca is ranked #119,282 in Canada. It has pages of content like; "Home Equity Investment Rewards Inc — Events", "Home Equity Investment Rewards Inc — Contact". IP number is 67.207.135.152. Using coordinates it is found 39.7757, -93.1773. There are an estimated 1,733 visitors each month. On average viewing 2.50 pageviews per visit. The site heir is registered under the .ca suffix. The website has 5 NS Nameserver Records (ns2.dnsmadeeasy.com, ns0.dnsmadeeasy.com
    If we look these face we cannot say that it s a spam. However for further detail visit: bizinformation.ca/www.heir.ca
     

  3. Guest23168156

     Hi, I'm a journalist in Canada looking into HEIR in light of the recent OSC allegations (osc.gov.on.ca/en/Proceedings_soa_20110329_heir-home.htm.) I'm wondering if anyone who has dealt with HEIR is interested in speaking about his/her experiences (good or bad) with the group. I'm not writing an article at the moment; I'm just trying to figure out if this is worth pursuing. Any information provided would be strictly anonymous. You can email me at curiousjourno AT gmail.com. Thanks!

  4. Guest22875835

    Do not invest with HEIR!!!  We have lost a LOT!!! of money in the slingshot venture.  We were lied to at the meetings.  I would not trust anything or any investment they suggest. 

  5. Guest22699121

    I have checked the securities commissions sites, and no mention of Archie Robertson or "Home Equity Investments Rewards" Can someone please provide a link to either court filings or some other document naming either in one of the investigations?

    Thanks

  6. Guest22635754

    I have followed HEIR for a few yrs and feel that there risk free investing is anything but that. I feel bad that a lot of hard working people are paying large fee's and loosing the equity from there homes. Last I heard they were 1500 members and let’s just pray that it hasn’t gone up. People...open your eyes!!! Was the HEIR membership fee worth learning that relationships are important in life? Why would you work with a company that has brought more failed business opportunities to the table then successful opportunities? Scam...no...but show me a track record of actual successes. I have lost more money then I have made and yes I have lost a little money with an HEIR product.
    What have I learnt.
    1. Teach yourself. All the clubs say do your due diligence. So do it! And when you do it you will learn that HEIR's due diligence is no better. Not only is it no better, it will not have cost you thousands of dollars in membership fees to learn what a few good books, a lot of questions, and the school of hard knocks can teach a guy.
    2. Stop looking for the easy answers and easy money...you want to invest in hotels then buy one yourself...can’t afford one then don’t do it. If the title is not in your name and you have no control...don’t do it.
    3. Want to not loose any sleep? Nearly impossible when you’re learning to do anything that can loose you money! RISK is everywhere and if you can’t handle RISK...become an expert at something. You will notice that successful people have learned a business so in depth that they are experts in that field. Find one of these guys and find out what it takes to get where they are. I guarantee you it has cost them a lot of time, and money to have gained the knowledge they have acquired.
    The business opps offered by HEIR now are also offered by other companies who will not charge you membership fees.
    Thank you HEIR for loosing me money and teaching me that if making money were as easy as paying a fee then everyone would be rich. Hang on a sec....if everyone were rich.... then who would be rich?
    I think it is great that the one fellow on here is making money with the private reit paying 9% a yr. I just wish HEIR still worked with this company.
     

     

  7. Guest22624076

     Isn't HEIR and Archie Roberts involved in some scam with a company called Capa-City? I understand they moved their office from Portland to Calgary and Mr.Robertson was closely involved with these guys at Capa-City.  

  8. Guest22559124

    Here is a list of prev projects HEIR has promoted, that I can guarantee have failed.  I can't speak for any ongoing stuff, e.g. Keystone, which others have referenced:

    Canyon project in Dominican Rep: Failed. They are trying to settle now with the developer. Investors would be lucky to get principle back.

    Slingshot: Failed. Investors trying to get money back.

    Dallas apartment project: Failed, 2 yrs ago Archie said he'd pay us investors back himself, so far nothing.

    Walton: Good rep for a long time except their management fee is several TIMES the value of the land they sold investors.  Now their repayments are being delayed because they bought farmland outside Phoenix before the crash.

    HEIR and Archie Robertson have no understanding of real estate.  Archie gets rich on the backs of the members who leverage up their homes in the middle of a debt crisis, and give it all to him to give to his friends.

  9. Guest20874379
    I have looked into HEIR to, especially in Alberta. They seem to do a lot of money raising here. This is what I have discovered: HEIR makes about 10% to 16% up front on money they raise, this is right off the top. When they get you to take equity out of your home they make more money off the remortgaging from the brokers. HEIR is do work with a group called CBI Group and when you look on the Alberta Security Commisions site there is a company Keystone, that was find over $100,000 and forced to stop trading, Keystone is now CBI. This company just changed their name to CBI. What was interesting is HEIR continued to work with them? Im of the mind that the ASC doesnt hand out fines easilly so there must have be merit to the fine. Im starting to think HEIR is using the same priciples of a cult as I also understand that Archie Robertson is a preacher. Sound a lot like the Arizon Chuch scams coming to Canada.
  10. Guest19702368
    I wouldn't say it is a scam. We are members and if I had my time back I would never have joined. We have lost about 50,000 so far. They sell products that they say they have done due diligence on but we are not happy and would never advise any of our friends to join.
  11. Guest16217396
    I'm glad I didn't read what Guest15803142 had to say about HEIR before I became an HEIR Member. I don't know where he/she got their information "The vast majority of the investments he has sold to people have cost them money, have been closed, are in the courts, or are under investigation. $16,000,000 was recently lost to his clients in a US ponzi (Capital Mountain Holding corp)", because not one word of it is true and if I were Mr. Robertson, I would be contacting a lawyer about this person. Anyway, all of that aside, I have been an HEIR member for more than 2 years and the company HEIR introduced us to (HEIR provides education not investments) has paid us 9%/year on our investment. We have received a dividend cheque on the 15th of every month plus the value of intial investment has increased by 8%. We are very happy with our returns and what we have learned from Archie Roberson and HEIR.
  12. Guest16143285
    “A simple man believes anything, but a prudent man gives thoughts to his steps. “ Before you believe something check it out. Is Archie a scam artist? Check him out. How can Archie be a scammer when he never touches your money? HEIR doesn’t touch your money. HEIR is a referral based company. They refer people to companies they do due diligence on, but they don’t recommend any company or product . They just say look over there …and check it out on your own…and if you don’t trust a company then don’t do it. HEIR is paid referral fees. How can Archie and HEIR be a scam when they work with credible companies that are registered with the Securities Commission and anybody can go and check out their track record to see if anybody has ever lost any money. And they can be sued if they lie. Some of the companies have been around for over 20 years. Do credible companies want to work with a scam artist? Do scam companies work toward being licensed with Securities? As for CMHC…that was never advertised as an HEIR deal – it was private and everybody knew it was high risk with no security. It was not for regular HEIR clients. When CMHC was being questioned as to risk at a due diligence meeting in Dallas, Archie pointed directly at the owner and said, “Our risk is you.” We knew the risk. And yes it was a deal where I lost half of my investment. So guess what Archie has done for all of the investors? He is placing all of us into another project, for free. When’s the last time you heard of a scam artist doing that? As for the Sun Village situation….Archie caught that one before fruition and told everyone not to do it and my understanding is that nobody lost any money in Sun Village. People simply didn’t place their money. The financial world can be a snake pit. Watch out! As a company HEIR is trying to help people find safe places to put their money and grow wealth. HEIR has credible people doing due diligence for them. And as for Canyon ..having no track record…what about their project in Miami? Check it out. What about all the people who got their returns back last September? I met someone in Red Deer last November who was invested with Canyon and you wouldn’t believe what kind of return he made – in under a year! As for CBI check them out! They are completely open about what issue they had in the past. Find out what securities thinks of them. Find out how they do business and what the risks are. If your main deal is safety and security then check them out. Ask them if anyone has ever lost any money. Don’t generalize…get specific. Find out the answers to each and every one of your hardest questions. If you don’t like one company then look at the next one. HEIR is always going to be adding new companies to their network. Just wait a while you might find a jewel….and a changed life. I wonder if I should mention an example of someone who is being helped by HEIR. A senior couple . They had 23 years left on their mortgage about 2 years ago and now they not only don’t have a mortgage payment, but they receive $40 more every month. Their house is making their mortgage payment for them and $40 more than that.... in the worst economic times ever. Tell these people that HEIR is a scam.
  13. Guest16083814
    I have been a member for 2 and a half years now and have been happy with the knowledge I have gained from HEIR and learning about investing has been a valuable part of being a member. I have been receiving a monthly income with a very reputable company for the whole time of my membership. I am so thankful that I moved my RRSP's into a real estate backed product with another very reputable company with a 30 year history and was fortunate enough to miss the last crash. I didn't loose any money. The bottom line is you need to investigate the companies that are presented to you and ask all the questions that need to be asked. What I know is that HEIR does not touch your money, you as a client do your due diligence and invest in the company yourself, the companies in return pay a referral fee to HEIR to pay their consultants; I think this is pretty standard in this industry. I also know that HEIR is becoming an EMD (exempt market dealer) that has to be registered with securities and all of their consultants must become licensed as well if they are not already. I honestly don't think that if they were going in this direction and becoming licensed that they would be a scam. I truly believe that HEIR puts together good plans to help people get out of debt, and giving hope for a better future. I have been fortunate and would suggest that you really look into HEIR with an open mind and investigate lots into these companies and form YOUR OWN opinion. As far as Archie goes, I have had the opportunity to get to know him over the last couple of years and I know he is not a con man.
  14. Guest15803142
    HEIR is a scam. The owner, Archie Robertson is a well seasoned con man. Many people have lost money and have invested with him because of the trust they have put in him. He is a smooth talker and a former Pastor. The vast majority of the investments he has sold to people have cost them money, have been closed, are in the courts, or are under investigation. $16,000,000 was recently lost to his clients in a US ponzi (Capital Mountain Holding corp) where he was the main promoter (look up Capital mountain on the SEC website). Robertson is under investigation from the OSC and the US SEC has indirectly named him in the above mentioned ponzi scheme. Robertson and HEIR have also been involved in the Sun Village ponzi in the Dominican where many HEIR clients lost money. This ponzi is responsible for over $100,000,000 in losses. Robertson also maintains close ties and pushes product from such companies as CBI (Cadmann Brothers Investments) of Calgary and Canyon Acquisitions of Florida. CBI has been nailed by the Alberta Securities Commission when they were named Keystone. No one has yet lost money from Canyon although they have no track record and have most of their projects alligned with one developer in Belize. Canyon is a dangerous product, be sure to have a qualified investment banker or lawyer check the contracts. HEIR and Archie Robertson are dangerous. Beware!!!
  15. Guest11802277
    lol the first comment is a copy and pasted things I have read on multiple sites.
  16. Guest11676604
    "and are members of BBB of Eastern Ontario" - Uh, not as of March 2009, they're not. Check the facts. So 400 members have not "lost" any money? That's hardly surprising if there's a substantial membership fee and it's only been around since August of 2004.
  17. Guest11369425
    It is absolutely NOT a scam. We had more month left than money now it is the other way around PLUS we have a savings account and money invested that is growing monthly. When others lost money on RRSP's we earned money. I challenge you to check it out, you will not be disappointed.
  18. Guest11346479
    We are looking into it right now, the regional manager has been a good friend to our family for the past 11 years. He himself is a great upstanding guy, who... if you knew him, he wouldn't be involved in anything shady at all, got to a seminar, they are very informative, then fill out the form and have someone talk to you , your still not obligated at that point either. To be honest I am still a bit skeptical (43 yrs old and NO mortgage at the moment)
  19. Guest11346479
    We are looking into it right now, the regional manager has been a good friend to our family for the past 11 years. He himself is a great upstanding guy, who... if you knew him, he wouldn't be involved in anything shady at all, got to a seminar, they are very informative, then fill out the form and have someone talk to you , your still not obligated at that point either. To be honest I am still a bit skeptical (43 yrs old and NO mortgage at the moment)
  20. Guest11044806
    SCAM! It's a big time SCAM. They buy property in Belize or other Caribbean countries and resell it to gullible investors at a markup of 300%. Plus, to be a member they charge you anywhere between $5,000 and $10,000.
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