Man Who Lost $70K to ‘Mr. 50K A Day’ Marketing Coach Says He’s Been Repaid – NBC4 Washington

A man who mentioned he spent $70,000 to rent a Maryland-based internet online affiliate marketing coach, solely to come up empty-handed, has been repaid following a News4 I-Team investigation.

Mark King mentioned he employed Greg Davis, whose nickname is “Mr. 50K A Day,” in early 2020, believing Davis would construct and train him how to run a web-based enterprise that makes cash by selling different individuals’s merchandise.

King mentioned Davis informed him he may design a advertising and marketing “marketing campaign” for him that might generate as a lot as $10,000 a day inside six months. The price for his teaching providers wasn’t low cost — nearly $70,000 — and got here with a one-year a reimbursement assure.

“He was the internet online affiliate marketing guru,” King mentioned, including, “His assurances have been: ‘We’re going to begin earning profits shortly.’”

But after hiring Davis, whose firm is known as the Legin Group and is often known as Super Affiliate Rockstar, King mentioned issues went south.

He mentioned not solely did he not make a revenue, however greater than a yr and a half later, Davis hadn’t returned his practically $70,000 funding as their contract requires.

“I really feel prefer it shouldn’t have occurred,” King mentioned. “I’ve made no cash throughout this entire course of. This was a complete failure.”

After the I-Team aired its story on Oct. 19, nevertheless, King mentioned Davis did return his cash.

Still, the I-Team discovered King isn’t the one one who employed “Mr. 50K A Day” to assist launch an internet online affiliate marketing profession however who made no cash because of this. Through courtroom data, on-line opinions and interviews, the I-Team discovered a number of individuals who mentioned they paid Davis hundreds of {dollars} for teaching and to assist arrange an internet online affiliate marketing enterprise however acquired little or nothing in return. 

In an interview with the I-Team, the person behind the “Mr. 50K A Day” moniker acknowledged owing King and “fairly just a few” different individuals cash, however insisted he plans on repaying them.

“I really feel dangerous. I do not, you recognize, need individuals to not have their cash … I do not be ok with that in any respect,” Davis mentioned.

The Prince George’s County man blamed his monetary issues on the pandemic, saying his enterprise tanked final yr as a result of his “most important marketing campaign” was targeted on selling auto insurance coverage, which he mentioned suffered as Americans went into lockdown. He mentioned he’s nonetheless digging out of the backlog. 

“If the pandemic hadn’t occurred, none of this may’ve occurred. We wouldn’t be speaking,” he mentioned.

But the I-Team discovered a number of individuals who say they misplaced cash to Davis prior to the pandemic, together with Floyd Garner, of Maryland, who employed Davis in late 2017.

Asked what he anticipated to be taught from Davis’ teaching, Garner mentioned, “What I used to be supposed to be studying was the enterprise, however as an alternative, I bought the enterprise.”

Records present Garner initially paid Davis $15,000 for a three-month on-line coaching course in internet online affiliate marketing and later paid greater than $6,000 in extra prices associated to promoting campaigns. But Garner mentioned Davis by no means supplied teaching providers or proof of a advertising and marketing marketing campaign.

“There have been earnings promised, and this was nothing however a loss,” Garner informed News4.

Garner sued Davis for breach of contract, intentional misrepresentation and fraud in 2019 and gained his case, however data present it took additional authorized filings earlier than he was repaid.

Jon Petreeko, of Florida, informed the I-Team he employed Davis for $20,000 in March 2019 to launch an internet online affiliate marketing enterprise that Petreeko would finally take over.

Instead, Petreeko mentioned he was offered a “pipe dream.”

“He by no means bought the enterprise to the purpose the place I can really take it over,” Petreeko mentioned. “He by no means had a bodily product and even digital product that I may even see or go, ‘Alright, I can get on board with this.’ He simply put excuses after excuses.”

Petreeko mentioned Davis has repaid greater than $15,000 of his funding, together with in cryptocurrency, however he’s nonetheless awaiting the remainder.

Though Davis acknowledges he owes many individuals cash, he mentioned he’s had “a whole bunch” of shoppers and that many have benefited from his teaching.

He despatched the I-Team plenty of video testimonials from former shoppers he mentioned have made as a lot as six and 7 figures. News4 tried to attain lots of them.

Lamont Price, of Baltimore, wrote in a message to News4 that “Greg’s program labored very effectively” for him and was “well worth the funding.”

Reached by the I-Team, John Gray mentioned he spent round $2,000 a number of years in the past to take one in all Davis’ programs on cost-per-acquisition advertising and marketing – one thing he mentioned helped launch his present profession in electronic mail advertising and marketing.

But requested if he’s earned “seven figures” because of this, as Davis informed the I-Team, Gray laughed and mentioned, “No, no, no, and my tax returns would show that.” 

Before coming into into any sort of teaching settlement, client legislation legal professional Michael Ostroff suggested individuals to decide whether or not the service is a client, private or enterprise transaction, as that stipulates the kind of protections out there ought to the deal go sideways.

Ostroff, who represented Garner in his case towards Davis, additionally mentioned would-be shoppers ought to ask myriad questions on what they’re buying and ensure not to pay for all providers upfront.

“The extra you ask questions earlier than you get into it, the extra you might have a written contract, the extra you perceive what’s anticipated of not solely you however the different get together, the higher off you are going to be,” he mentioned.

The Federal Trade Commission, which tracks on-line teaching applications gone fallacious, declined to touch upon this story.

But Andrew Smith, the FTC’s former director of the Bureau of Consumer Protection, informed the I-Team he “isn’t stunned” by the extent of losses individuals like King have reported.

Smith wouldn’t remark particularly about Davis’ enterprise however mentioned, when it comes to investigating wrongdoing, “From the FTC or the legislation enforcement perspective, what makes the distinction is fake or unsubstantiated earnings or life-style claims.”

Though former shoppers together with King and Garner mentioned Davis gave them assurances they might flip earnings by hiring him as their coach, Davis refuted that and mentioned he discloses to his shoppers that not everybody will make huge bucks.

“I didn’t essentially assure that they might generate profits. I simply mentioned that, like, in the event that they hadn’t made their a reimbursement inside 12 months, then I might, you recognize, refund them,” he mentioned.

Asked about King’s allegation that the advertising and marketing marketing campaign Davis was creating for him may yield up to $10,000 a day inside six months, Davis mentioned, “That was not a promise. It was a goal.”

Still, an arbitrator overseeing King’s case towards Davis with the American Arbitration Association wrote Davis “deliberately misrepresented that he made $50,000.00 per day and thousands and thousands in whole by internet online affiliate marketing” and that “he would supply providers that will instantly generate revenue.”

In September, a Prince George’s County decide additionally ordered Davis to repay King’s $70,000 funding, plus extra prices.

Meanwhile, Davis informed the I-Team he’s contemplating shifting on from internet online affiliate marketing teaching and is now instructing others how to put money into cryptocurrency.

Reported by Susan Hogan, produced by Katie Leslie, and shot and edited by Lance Ing. NBCLA I-Team reporter Randy McIlwain contributed to this report.

https://www.nbcwashington.com/news/local/man-who-lost-70k-to-mr-50k-a-day-marketing-coach-says-hes-been-repaid/2850156/

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