Do your research and be wary of any “free” seminars! Don’t let that $500 or $45,000 go to these “Get Rich Quick” scammers! The only people getting rich quick is them, from YOUR money! When it comes to making money in real estate don’t try to cut corners.Why working hard and hustling won’t make you rich Robert, tsk tsk, you should know better than to lie blatantly to the camera!ĭon’t let those trick you from your hard-earned $$$. Robert Kiyosaki then acted like he was innocent in all of this, used a scapegoat “partner” to blame it on, and then proceeded to say that he was very unhappy with the company using his name brand Rich Dad Poor Dad and giving it a bad reputation.
Rich dad cashflow game scam license#
Host Erica Johnson went on to talk to Robert Kiyosaki himself (he made a rare public appearance in Vancouver of all places!) and said that he is aware that this company (which is not his company but a license of his “brand”- Rich Dad Poor Dad, he claims) has had many complaints and unhappy customers. CBC Marketplace went to check out his real estate millions and found that it was actually nothing- completely made up, barren, and no mobile home park existed. In the $500 three-day workshop, the same presenter goes on to talk about how he made $32 million from a mobile home park in a rural place in Saskatchewan.
I seriously can’t believe that these things go on! Poor Canadians and Americans are being duped into spending their savings on bogus seminars! The “Get Rich Quick” Seminar is basically a long, drawn-out sales pitch. The real reason is likely because they are selling $45,000 real estate training classes and want to pressure you enough to impulse buy that on your credit card. Hence the increase to the $100,000 limit on your card. to your credit card in order to “make money off real estate”. In the video, the presenter in the seminar claims that you can’t make money with your own money, that you’d need to charge renovations etc. What was the motivation to ask people to increase to the $100,000 limit? One of the hidden camera revelations that absolutely SHOCKED me was that they blatantly TOLD people attending the seminar to INCREASE THEIR CREDIT LIMIT TO $100,000!!! (you have GOT to be kidding me!) They gave people SCRIPTS to say to their credit card companies and took time out during the seminar to allow people to call their credit card companies RIGHT NOW to ask for the increase to $100,000.
They even have PAID seminars, costing $500 a pop for a three-day workshop, where they basically try to pressure you into spending $45,000 on further real estate “training”.
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I have seen the free one-day seminars in the local paper (they offer it about a few times per year here), and have often contemplated going (hey, free lunch and a free USB stick/ CD, why not?) But after seeing this video, I’m going to stay the hell away from these free seminars. Kiyosaki and thought it was pretty good, inspirational, and very anecdotal, but didn’t like the sales pitch (selling his “CASH FLOW” board game). On the Canadian Money Forum (started by fellow Canadian PF Bloggers Million Dollar Journey and Canadian Capitalist), I saw a post that mentioned CBC Marketplace aired a hidden-camera investigation of the Rich Dad Poor Dad “Get Rich Quick” Education Seminars, titled “Road to Rich Dad, Who’s Getting Rich off Rich Dad?” on Friday, January 29. For complete and current information on any advertiser product, please visit their Web site.ĬBC Marketplace aired a hidden-camera investigation of the Rich Dad Poor Dad "Get Rich Quick" Education Seminars, titled "Road to Rich Dad, Who's Getting Rich off Rich Dad?" Advertisers are not responsible for the contents of this site including any editorials or reviews that may appear on this site.
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