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Loral Langemeier Reviews

Is Loral Langemeier Legit or a Scam?

 

Loral Langemeier is the CEO of Live Out Loud, a wealth building and financial education center. Loral is also an accomplished author and guest speaker, with best selling titles and many television appearances.

Loral Langemeier’s books and programs are based around her concepts of Wealth Cycle Investing and team building.  The Live Out Loud website, that Loral Langemeier developed, encourages her students to use each other as resources through the forum.  She believes that having a network of support is crucial to achieving your financial goals.

I've found both positive and negative aspects to Loral Langemeier’s products and seminars.  On the one hand she's been criticized for providing too general of info that lacks the true step-by-step guidance people crave.  For example she adamantly supports starting your own business, but the information on how to do so is absent in her books.

Furthermore, some of Loral Langemeier's advice is oversimplified and at times misleading.  She touts starting your own corporation or LLC as great ways to take advantage of tax deductions.  This is a myth since these deductions must be verifiable business expenses.

Loral Langemeier’s team building advice is also skewed and very unrealistic.  She proposes that every one should have a support team of Lawyers, CPAs, Brokers, and Investors.  Unless you have a family full of professionals what she recommends is unfathomable.  These people charge a lot of money for their services and are not in the habit of spending their time mentoring strangers.

The redeemable qualities of Loral Langemeier’s work can be found in its motivational capabilities.  If her books or seminars can get you to actually pursue a business opportunity or research an investment vehicle then they can be called a success. 

Overall, her materials can put you in the right mindset and introduce you to investment topics but ultimately they won't show you exactly how to accomplish your financial goals.  Some people think that this type of information is worth the price but others don't.

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Customer Responses, Reviews, or Complaints for 'Loral Langemeier'

 

Average Rating is 1.44 out of 5 based on 138 reviews.

TESS   east bay

3:05pm on January 27th, 2012 

TOTALLY!!
THIS IS SCAM!

Lora L. staff were rude and not at all professional people.
I have to blame myself for not checking the reviews about the business.

PEOPLE PLEASE PLEASE STAY AWAY WITH THEM BECAUSE IT'S CLEAR TO US THAT THEY KNOW HOW TO MAKE MONEY THEMSELVES BY RIPPING PEOPLE OFF.

ALL LET'S TAKE THIS MATTER TO ABC Channel 7 -
7 ON YOUR SIDE and report their business so people will be award of there bad service and SCAM business.

PLEASE PLEASE JOIN ME TO FILE A COMPLAINT TO
7 ON YOUR SIDE!

THANK YOU ALL VERY MUCH

Addie   Ohio

9:05pm on January 24th, 2012 

Do not purchase this book. Once you do if you do not cancel their so called service within 30 days they start taking money out of your checking account or charging your credit card - of which they never said you had to cancel anything. All they tell you is that you can visit their website free for 30 days - again nothing about that you are required to cancel this so called service. This company needs to be put out of business and sued.


Charlie   West Coast, USA

6:07pm on January 17th, 2012 

BEWARE!!!! If you would not take Bernie Madoff's calls, then don't take any from the Loral Langemeier outfit. Your money will go flying out the window!

More than $6000 for “coaching” (which means there is a phone number you’re supposed to call, and you talk to a lackey who doesn’t tell you anything you didn’t already know), then $3690 for a multi-entity LLC, (or $1890 for one), then $2995 for tax advisers, then $995 for a business credit builder.

In Loral's book, The Millionaire Make, she sits down with people to draw up a customized action plan to reorganize their finances and get a money machine going. So when they called to start selling me their services, I thought, great, this is what I need, not having a mentor in my life.

What I got instead is endless phone calls, soliciting more money each time. Boy did I start to cringe every time they called! No meeting with Loral, just an endless line of smooth talking, high pressure telemarketers.

And each time you call them, they know exactly who you are and every interaction you’ve had with them! CREEPY!!!

Yes, I feel like an idiot for falling for this expensive scam, but Loral Langemeier does has some big, high profile names endorsing her. The ONLY person Loral is making a millionaire is Loral Langemeier! The Loral Langemeier scam is very profitable for Loral Langemeier and no one else! They find out precisely how much you have and then they bleed you dry! (Somehow they know when your bank account is completely empty and stop calling).

This should be illegal…

Dale   Ventura, CA

5:17pm on January 9th, 2012 

I have the same story as others. Langemeier may be a great motivator, etc. but her advertising and marketing technique is a tried and true SCAM. Lure people into a 'free' book and 30-day trial, then bill them for services they never receive (or even intended to receive). The woman needs to modify her product for integrity and give the customer actual value for any charges.

This outfit may get away with this tactic 'legally', but after Langemeier abuses the trust of enough people, eventually someone will take some direct action.


Brett   Washington

4:51pm on January 2nd, 2012 

I heard the radio information yesterday and thought I would sign up for the "free" book. I felt a little uncomfortable after signing up when the guy read off some long script and signing me up for $69.95 a month for internet dues and then trying to sign me up for another "free" mentor service that would charge $29.95 per month after the first month.

I prayed about the situation and felt uneasy about it. I then googled "how to cancel Loral Langemeir" and came up with a ton of complaints stating that it is a scam.

I called and left a message stating that I wanted to cancel the service.

I called again later and was able to speak with a representative (after about 5 minutes of waiting). After reading the terrible reviews by others I figured that I was in for a nasty fight to get cancelled. However, she spoke with me and told me that I had already been cancelled. She gave a confirmation number to my cancellation. I also recorded the conversation as a backup if needed to prove that I had cancelled the subscription. The conversation was pleasant and took less than 60 seconds. I was very pleased and surprised!

I will wait to see if they try to bill me next month. If they do I will be prepared. However, so far it looks like cancellation is pretty simple and painless if done quickly.

I called #801-495-2405 ext. 113.

Anonymous   Santa Rosa, CA

8:31pm on December 1st, 2011 

Live out loud sales people use lies to get you to invest in their program. The service they offer is mediocre and the workshops almost absurd. Unfortunately, nobody in the live out loud organization would give me a refund of my rather hefty investment when I quickly realized they were not giving what they promised.

The workshops are just a sales pitch for a bigger investment where they can fleece the super gullible.

E. Burbank   Florida

11:24pm on November 8th, 2011 

Definitely a scam!! I called and canceled the "free" access to education center, they said did not receive and charged my credit card. I fought it but they persisted and I had no way of proving my call, so they ripped me off for another $67. It is stopped now--fool me once, shame on you, fool me twice--won't happen. Now I see how she become a millionaire. I'd rather to it the old fashion way--honestly!!

Dan   Washington State

7:23pm on November 8th, 2011 

I found Lorals tele-marketing program to use deceptive methods- one being "do nothing" which implicates you to continued payments.
Her program is geared toward paying off debt and using the savings to pay off more debt- eventually resulting in savings which her program recommends starting a business all the while requiring her team to help...

The guru expert that called me was not very knowledgeable and the information they provided was elementary and non-productive.
Don't waste your money and don't waste your time.

Jack   Alabama

5:59pm on November 7th, 2011 

Be aware that the first thing the Langemeier scam does is sell your email address to anyone and everyone worldwide! I requested the "free" book of hers and gave them my most closely guarded email address. BIG MISTAKE! That outfit doesn't care who you are, what your situation is or what your plans are for yourself. FIRST BUSINESS? Sell your email address so THEY can make the money they claim you can make with them. If that's the lack of decency and ethics she operates under then count me out. She should be ashamed of her scams.

Diana   California

12:44pm on November 2nd, 2011 

Horrible company. Offer a free book when you pay for shipping, and use your credit card information to enroll you in a membership that you don't even want, and charge additional fees. An awful way to do business! Someone I would never take advice from in how to conduct business with people. What a scam!!! The customer service guy is awful too! SCAM!!!! Don't give them your information!

st   ca

2:08pm on October 3rd, 2011 

do not believe them, they are cheaters

Jack S   Las Vegas, Nevada

11:00am on September 21st, 2011 

I agree with above post from "mislead in the midwest" Loral Langemeier is a complete scam. I also ordered the book, and they pushed me into the their other products saying I have 30 days free and can cancel anytime no problem. Less than 24 hours later I had a bad feeling about this company, so I decided to see how easy it would be to cancel. I was on hold for over 20 minutes then finally someone answered, and I had to tell him I wanted to cancel at least 20 times before he agreed, even became very rude. It's been a few days and the charge is still on my credit card. I will file a report with the proper state agency including the FBI, if they do not remove my charges. Listen to some great advise and save yourself time and money, "STAY AWAY FROM THESE PEOPLE"

Sad Sandra   Paterson, NJ

12:39pm on September 20th, 2011 

This is really a scam...I started reading the book and it was kind of good. My disappointment came when I was unaware of the additional fees charged. When I called I made the customer service aware that if this involved anything other than the book at $9.95, I was not buying it. He assured me and said I would receive an email with confirmation of payment for which I never received. Because I was driving, I couldn't write down any telephone numbers for customer service. Shame on you Loral for having misrepresentation of your services. Shame or me for being Scammmed. .......

Katrina   FL

12:18pm on September 12th, 2011 

OMG! This is a scam. I heard about Loral's book on TV and decided to buy it for $9.95. When I called a representative took my info including a credit card number. After I gave my credit card number a representative started listing me the fees that will be charged to my credit card totaling over $100. I told him that I just called to buy a book for $9.95. A representative was trying to convince me that I need to buy additional products to gain success. I told him to cancel the order and forget that I even gave him my credit card number. He refused to do it and told me that he already processed my order and my credit card will be charged. After screaming at him for 15 minutes, he agreed to cancel the order. I am just hoping that he actually did cancel the order. What a scam!!! Stay away from these people

Howard   Simi Valley

4:22pm on September 10th, 2011 

Agent relentlessly called me asking me if I read Laura Langemier's book. Agent left nasty message when I stopped answering their calls.

Lisa P   california

12:46pm on September 2nd, 2011 

I called and received the "free" book and cd. I then canceled within 30 days. The rep. did not make it easy. He kept on trying to extend my trial period. I finally told him "NO" and hung up. Now there is someone else calling me every day regarding it. UGH!!

Cindi S   Wisconsin

2:12pm on August 30th, 2011 

We signed up for $12,000 of coaching etc to get our cash machine going. The first round of coaching was useless. The coach basically read everything from the book course. They promised free setup of your corporation. Oops, the firm that helped them do that, stopped doing it for free. I asked for my money back for the unused courses and was told it was owned by someone other than Loral Langemeier's company. So basically, sorry. What a waste of money. Don't go near it! Because I write checks at a small church, they said my business should be accounting for people and charge $35/hr. I don't know debits and credits and would need to go back to school; but wait, my money is tied up with L.L. They told my hubby his biz should be making wooden items with his tools. This is a millionaire business? Oh please, don't get involved with them.

Nilly   Philadelphia Pa

10:35am on August 22nd, 2011 

Why do I keep falling for scams???? I was up super early one morning, because I could not sleep. I turned on the radio and was tuned in to an extremely persuasive interview with Loral Langemeier who was talking about her book and new DVD (which were the key components to making millions). Throughout the interview she kept throwing out the number of a line to call and pay only 9.95 (shipping cost) for both the DVD and book. Since it was on the radio, I thought that it was a legit situation. I figured it was a blessing for me to have been awake this night and to hear this interview. I ordered the book and was excitedly waiting for it to arrive in the mail, when I realized that 106.95$ was in my pending transactions to be taking out my bank account by Loral's company. I immediately called Loral's customer service number to find out what was going on. The representative said that it is too early for my order to show up their system and to call back first thing tomorrow morning. She then stated that the extra money may have been taken out for Loral's extra services that she offers. The extra services that I did NOT ask for. After talking to the rep, I decided to research Loral's reputation, and came across this site. Loral is an entire scam artist who makes her millions by taking money from people who do not have any. After reading these reviews, I don't think that I will ever get my 106.95 back in my account. I am on a penny pinching budget, and I thought that purchasing this book would be an investment towards my future life. Instead, it turned out to be a financial set back of my present life.

RLee   Florida

3:23pm on August 11th, 2011 

Hello there, Here's what the truth is- in this industry marking sales, in this business only 10% make any money and of those only 1 out of 10 make the big money. So one of several things is going on - one either most every body is a fool and just plain stupid and gullible. Or most everybody is being scammed. I know the spelling is off but I don't care. Loral Langmeier is a front and make's her money by what the presentation is and has. Please just look at all the reviews before you put a dime on it. don't be taken like I was... Thank You

Dave   Texas

8:01am on August 6th, 2011 

I have a background in financial planning/insurance and called the toll free number Loral gave on a radio show. (800-228-5197)
After the friendly person took my credit card information for the 9.95 shipping for the book, Millionaire Maker, and the accompanying CD. He began a hard "pitch" to get me to take the 30 day free trial which leads to the $67 per month Loral Langmeier "deal". I could hardly get a word in edgewise to tell him to cancel the whole deal, entirely! It was very frustrating, because he would not stop talking. He became very agitated, as was I and he wouldn't stop "pitching". If this is what his instructions from Loral are, then she must be pissing off a large number of callers! I told him to cancel my order...which I don't believe he heard...so, I told him I would buy the book and CD on line...he said they are not available online (which is not true...available on Amazon.com) It was an unnecessarily frustrating experience. Sorry I didn't check Amazon first and saved myself the stress!!


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