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A number of Atlanta entrepreneurs are nonetheless trying to find solutions after accusing the Magnificence Provide Institute of robbing them of their desires. On this week’s episode of TSR Investigates, Justin Carter spoke to a few of the enterprise homeowners struggling to recoup their investments.
The Magnificence Provide Institute collected cash from aspiring magnificence store homeowners underneath the guise of serving to them kickstart a provide retailer. Nonetheless, enterprise homeowners from Tampa, Maryland, and Virginia declare the corporate and its CEO, Devin Robinson, pocketed the funds and left them within the mud.
One lady, Pauline Mclaurin, instructed Justin Carter that she paid Robinson’s firm $85,000. In the end, she ended up with an empty storefront that she later needed to vacate.
So, what does Devin Robinson must say about these accusations? See for your self beneath!
How A lot Cash Did The Magnificence Institute Accumulate From Enterprise House owners?
Enterprise homeowners who spoke on this TSR Investigates episode listed their monetary losses within the five-digit space. One lady claimed to have given Magnificence Provide Institute $70,300, whereas one other mentioned she paid $40,000, and one more claimed to have given $85,000.
Their investments may look like quite a bit, however the potential revenue within the magnificence house can appear limitless. Based on Carter, Black individuals alone, particularly, spent $9.4 billion on magnificence merchandise in 2023.
Pauline Mclaurin, a Wesley Chapel, Florida resident, instructed Justin the provision retailer was a dream she had for herself, her husband, and their six youngsters.
“I actually wished to get out of the company as a result of having that many youngsters, they’re very insensitive to sure issues, irrespective of how arduous you’re employed.”
Pauline mentioned she selected the Magnificence Provide Institute as a result of it promised to deal with “all the things,” together with establishing the shop and offering a yr’s price of teaching. In the end, the corporate allegedly ended up draining her pockets and slowly killing off her dream. Now, all she needs is her cash again!
Scroll above to see what’s subsequent for Pauline, meet different enterprise homeowners with comparable tales, and see how the corporate’s CEO is reacting to the continued allegations of fraud.
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