Man Who Misplaced $70K to ‘Mr. 50K A Day' Advertising Coach Says He's Been Repaid – NBC4 Washington

A person who mentioned he spent $70,000 to rent a Maryland-based online marketing coach, solely to come back up empty-handed, has been repaid following a News4 I-Crew 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 the right way to run an internet enterprise that makes cash by selling different individuals’s merchandise.
King mentioned Davis advised him he might design a advertising “marketing campaign” for him that would generate as a lot as $10,000 a day inside six months. The associated fee for his teaching companies wasn’t low cost — nearly $70,000 — and got here with a one-year a refund assure.
“He was the online marketing guru,” King mentioned, including, “His assurances have been: ‘We’re going to start out earning profits shortly.’”

However after hiring Davis, whose firm is named the Legin Group and is often known as Tremendous 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 complete course of. This was a complete failure.”
After the I-Crew aired its story on Oct. 19, nonetheless, King mentioned Davis did return his cash.
Nonetheless, the I-Crew discovered King isn’t the one one who employed “Mr. 50K A Day” to assist launch an online marketing profession however who made no cash because of this. Via court docket data, on-line opinions and interviews, the I-Crew discovered a number of individuals who mentioned they paid Davis hundreds of {dollars} for teaching and to assist arrange an online marketing enterprise however acquired little or nothing in return.
In an interview with the I-Crew, 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 unhealthy. I do not, you understand, 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 “essential marketing campaign” was targeted on selling auto insurance coverage, which he mentioned suffered as Individuals went into lockdown. He mentioned he’s nonetheless digging out of the backlog. 
“If the pandemic hadn’t occurred, none of this might’ve occurred. We wouldn’t be speaking,” he mentioned.
However the I-Crew discovered a number of individuals who say they misplaced cash to Davis previous to the pandemic, together with Floyd Garner, of Maryland, who employed Davis in late 2017.
Requested what he anticipated to be taught from Davis’ teaching, Garner mentioned, “What I used to be presupposed to be studying was the enterprise, however as a substitute, I received the enterprise.”
Data present Garner initially paid Davis $15,000 for a three-month on-line coaching course in online marketing and later paid greater than $6,000 in extra fees associated to promoting campaigns. However Garner mentioned Davis by no means offered teaching companies or proof of a advertising marketing campaign.
“There have been earnings promised, and this was nothing however a loss,” Garner advised News4.
Garner sued Davis for breach of contract, intentional misrepresentation and fraud in 2019 and received his case, however data present it took additional authorized filings earlier than he was repaid.
Jon Petreeko, of Florida, advised the I-Crew he employed Davis for $20,000 in March 2019 to launch an online marketing enterprise that Petreeko would ultimately take over.
As an alternative, Petreeko mentioned he was bought a “pipe dream.”
“He by no means received the enterprise to the purpose the place I can truly take it over,” Petreeko mentioned. “He by no means had a bodily product and even digital product that I might 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 remaining.
Although Davis acknowledges he owes many individuals cash, he mentioned he’s had “a whole lot” of shoppers and that many have benefited from his teaching.
He despatched the I-Crew quite a few video testimonials from former shoppers he mentioned have made as a lot as six and 7 figures. News4 tried to achieve a lot of them.
Lamont Value, 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-Crew, John Grey 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 – one thing he mentioned helped launch his present profession in e-mail advertising.
However requested if he’s earned “seven figures” because of this, as Davis advised the I-Crew, Grey laughed and mentioned, “No, no, no, and my tax returns would show that.” 
Earlier than coming into into any sort of teaching settlement, client legislation legal professional Michael Ostroff suggested individuals to find out whether or not the service is a client, private or enterprise transaction, as that stipulates the kind of protections accessible ought to the deal go sideways.
Ostroff, who represented Garner in his case in opposition to Davis, additionally mentioned would-be shoppers ought to ask myriad questions on what they’re buying and ensure to not pay for all companies upfront.
“The extra you ask questions earlier than you get into it, the extra you’ve 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 Commerce Fee, which tracks on-line teaching packages gone fallacious, declined to touch upon this story.
However Andrew Smith, the FTC’s former director of the Bureau of Shopper Safety, advised the I-Crew he “isn’t shocked” by the extent of losses individuals like King have reported.
Smith wouldn’t remark particularly about Davis’ enterprise however mentioned, in the case of investigating wrongdoing, “From the FTC or the legislation enforcement perspective, what makes the distinction is fake or unsubstantiated earnings or way of life claims.”
Although former shoppers together with King and Garner mentioned Davis gave them assurances they’d flip earnings by hiring him as their coach, Davis refuted that and mentioned he discloses to his shoppers that not everybody will make large bucks.
“I didn’t essentially assure that they’d earn money. I simply mentioned that, like, in the event that they hadn’t made their a refund inside 12 months, then I’d, you understand, refund them,” he mentioned.
Requested about King’s allegation that the advertising marketing campaign Davis was creating for him might yield as much as $10,000 a day inside six months, Davis mentioned, “That was not a promise. It was a goal.”
Nonetheless, an arbitrator overseeing King’s case in opposition to Davis with the American Arbitration Affiliation wrote Davis “deliberately misrepresented that he made $50,000.00 per day and hundreds of thousands in whole by online marketing” and that “he would offer companies that may instantly generate revenue.”
In September, a Prince George’s County decide additionally ordered Davis to repay King’s $70,000 funding, plus extra prices.
In the meantime, Davis advised the I-Crew he’s contemplating transferring on from online marketing teaching and is now instructing others the right way to put money into cryptocurrency.
Reported by Susan Hogan, produced by Katie Leslie, and shot and edited by Lance Ing. NBCLA I-Crew reporter Randy McIlwain contributed to this report.

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