Some 423 former individuals who attended Montelongo’s real estate seminars have alleged...
Armando Montelongo has disputed claims made by former students of his real estate investing seminars.One-time reality TV star Armando Montelongo Jr. has lost his bid to have fraud claims dismissed against him and his companies regarding real estate investment seminars they held.
Some 423 individuals who attended Montelongo’s seminars filed a lawsuit alleging that he sells “worthless, dangerous, and unlawful information” and “takes advantage of the students’ trust to loot their accounts.” Of the 37 plaintiffs who live in Texas, six reside in San Antonio.A lawyer and a spokeswoman for Montelongo didn’t immediately respond to a request for comment Monday, so it couldn’t be determined whether Montelongo plans to file a motion for rehearing with the Supreme Court.
The legal battle began almost seven years ago in San Francisco federal court, with about 160 students alleging that Montelongo had bilked them out of their life savings, destroyed marriages and even drove one person to suicide.
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