My campaign against Rich Dad Seminars

theartfullodger

Very pleased to be able to announce that the snake-oil salesman behind this scam that preys upon the daft, gullible & greedy appears to have gone bankrupt...
http://www.dailymail.co.uk/news/article-2215642/Rich-Dad-Poor-Dad-bankrupt-dad-Best-selling-author-files-corporate-bankruptcy-losing-24m-judgement.html

If it sounds to good to be true it probably is...

Cheers!

poppysarah

theartfullodger wrote: »

Very pleased to be able to announce that the snake-oil salesman behind this scam that preys upon the daft, gullible & greedy appears to have gone bankrupt...
http://www.dailymail.co.uk/news/article-2215642/Rich-Dad-Poor-Dad-bankrupt-dad-Best-selling-author-files-corporate-bankruptcy-losing-24m-judgement.html

If it sounds to good to be true it probably is...

Cheers!

Isn't it actually in the book that he thinks going bankrupt doesn't do anyone any harm and that it can be a good learning experience?

I did own a copy of the book but read a few pages and decided that it was all nonsense. I don't think I have ever thrown a book in the bin but it came close.

jjlandlord

poppysarah wrote: »

Isn't it actually in the book that he thinks going bankrupt doesn't do anyone any harm and that it can be a good learning experience?

Well, it isn't completely wrong, is it? (I haven't read the book so I don't know what's in it)
If you go bankrupt you debts are wiped clean and you can start over with a clean slate. Very American

Obviously it should be remembered that that book was written by an American, so that the legal framework around bankruptcy over there probably is not the same as here. Not to mention the culture.

poppysarah

jjlandlord wrote: »

Well, it isn't completely wrong, is it? (I haven't read the book so I don't know what's in it)
If you go bankrupt you debts are wiped clean and you can start over with a clean slate. Very American

Obviously it should be remembered that that book was written by an American, so that the legal framework around bankruptcy over there probably is not the same as here. Not to mention the culture.

Dunno about it being that different. The UK allows various 'celebs' or their husbands to go bust and then marital assets are all preserved during a separation and then they get back together. And some people go round the bankrupcty train more than once in a couple of years.

Sometimes I think we are just too soft on debt in this country.

chris_m

There's the old one about the American who declared, "Two more bankruptcies and I should be able to retire"

pelirocco

theartfullodger wrote: »

Very pleased to be able to announce that the snake-oil salesman behind this scam that preys upon the daft, gullible & greedy appears to have gone bankrupt...
http://www.dailymail.co.uk/news/article-2215642/Rich-Dad-Poor-Dad-bankrupt-dad-Best-selling-author-files-corporate-bankruptcy-losing-24m-judgement.html

If it sounds to good to be true it probably is...

Cheers!

you need to re read , its one of his companies that is filing for bankrupcy

eagerftb

The whole thing is a big con and better to stay away and have all emails going to junk..Why will somebody share their wonderful money making formula and charge you for it? when they can spend the same time make tons more money on their formula...