Nouveau Riche Pyramid Scam Ripoff in Honolulu, Hawaii

so the fleecing of Americas 18 year old students and 40,000 a year in tuition for FOUR years, only to have that student graduate from the "university" and end up looking for a job that they probably hate, or will get fired or downsized from, and spend rest of their lives putting resume's on monster and hotjobs.com and paying off their hundreds of thousands in student loans, credit card debt, and whatever else they sunk into "universities" is not a scam? wow. NRU pays back the students for referring other students to the college. period. just like major universities have recruiters, so does NRU. What about the kids that graduate from a major college and end up working as a bar tender? or in retail at a department store? or moving back in with mom and dad? yet they spent HUNDREDS OF THOUSANDS in some cases on their education and degree, yet cant find a job, and if they do, they hate it and/or get fired?

NRU is real, and taking America by storm, yes, there will be people who just give up, and do not put forth the effort involved to USE the education they were given and the support mechanisms in place. How great would it be if Notre Dame, or UCLA, or USC, or Penn State offered you back 50% of your tuition for each student you referred to their school? Instead, they hand pick their students, and ironically enough, its usually those that have the money or alumni (rich parents that give alot of money to the college) or spent the money to learn how to pass a test or score high on the SAT's. Companies that charge money to learn how to pass tests? hows that for a scam in America?

See you all at the top, NRU changed my life and I thank them every day.

Nouveau Riche presents two opportunites, neither which is even close to a pyramid or MLM. The first is education in real estate investing. I've been to the school and have taken nearly 30 credits of education ranging from legal strategies in real estate investing to actual strategies in RE investing. The courses that I took were very specific in the education provided, including information for wholesaling, business structures, asset protection, and foreclosures. There are many other subjects with the courses formatted in level of complexity and course requirements, and are also offered in online video format. As for the material being found in real estate books, possibly so. But you'd have to read a lot of them and also know what other books to read. Here with Nouveau Riche, the package is complete and you can get it all from interacting with instructors who are actually doing the investing and have done so successfully for many years through the "good" and "bad" times. The school also provides an opportunity to interact with others who are also learning, some who are already applying the principles being taught.

The second is through marketing. Here is where many people confuse the marketing opportunity with a pyramid or MLM format. Yes, someone introducing someone else does get paid from the tuition that the person introduced pays. However, once the introduced person introduces 4, the connection stops, ends, period. The first person makes nothing from the second. And keep in mind that the tuition paid is exactly that! 120 Credit hours of classes, with the ability to repeat for two years. This tuition paid can also be for TWO people. Furthermore, the tuition also includes access to online video training, an encyclopedic type collection of all of the courses offered, all books, etc. And as most, if not all MLMs require some monthly monetary, purchasing requirement, there is NONE with Nouveau Riche!! The only thing left is to go out and take action with either or both opportunities!

I've never heard of this outfit before but, to be perfectly honest, an given what I'm reading in the rebuttals, you'd have to be either really desperate or really naive to board this ship.

Nonetheless, I could well be wrong. So let's see some numbers. What is the average first year income of a "graduate" of this program? How many people stay in the instructed field beyond one year? Out of those people, what is their average income? (And no, you can't include income from the real jobs that these people have to work while they are awaiting their "true success").

And remember, it's a violation of SEC Rule 5(b) to make a false statement of material fact in connection with an investment opportunity, and anecdotes are things kids read at bedtime, not things grown-ups use to assess the value of a business opportunity.

Nouveau Riche is the single greatest company I have ever been a part of! Being a former garbage man I had a very secure and good paying job. But it was just that, A J.O.B. I was living pay check to pay check never getting ahead in securing myself for retirement. More importantly I didn't have the time I wanted to spend with my family. I was working 60-70 hours a week. I knew there was a very good opportunity to improve my life through real estate. Seven months after finding this wonderful opportunity call Nouveau Riche I was able to not only bring my wife home from her 9-5 J.O.B, but I was able to leave mine as well. Since we have been full time real estate investors and business owners with Nouveau Riche we have been able to purchase real estate and supplement our yearly income in just 3 months.
If you want a get rich quick solution, buy a lottery ticket! This opportunity will allow you to create wealth in real estate and in business if you get off your butt, put down the T.V remote and utilize the information provided. Education is power ONLY if applied with action! I have never been part of a company in my life! That sometimes cares more about my success then I may at times. I found it here. This has been the most profound experience of my life and has drastically improved the quality of my life, not only financially but personally. THANK GOD FOR NOUVEAU RICHE AND IT'S FOUNDERS!

Kory
Illinois

It's been almost two weeks now and nobody has taken me up on my challenge. Read my above rebuttal and give us the verifiable information that we would all like to see. If you want to boldly claim that you made 60-70k in your first year off the trash route, post an image of something proving you actually made that kind of money. If you haven't noticed, you can place images in reports.

If ONE person can put forth some trustworthy evidence or, even better, some verifiable truth, then us skeptics will give your words some credence.

Otherwise, you are presumptively either a hopeful newbie using us as a vehicle to allay your own doubts, someone who has been scammed himself and can't bring himself to admit it, or a shill seeking new recruits.

But if one man's unverified and unverifiable statements are enough, let me state that I spent eight years in higher education, poised myself to jump into a booming field, and now make great money doing a job that I wouldn't trade for anything. Needless to say, I'm in no way ashamed of the fact that I have a JOB and that I work for someone else.

I have documented proof that I have made over 100k since 2/1/08. I joined NR in Dec 07 and went to their college Dec 10-15th 2007. I am a tax accountant (10 yrs) and after going to the one week in Dec, I found so much value in the education, I decided to close my office for a week in Feb and in April for another week! Now understand that the "tax season" is only Jan 25(ish) to April 15th. How on earth could I afford to close for those two prime weeks? Easy....Nouveau Riche has a system for me to follow. If you are a motivated, self starter, looking to retire before your 80+, and can read and follow directions....you can do it as well.

You can email your phone number I would be happy to discuss your concerns. However, if you are not really interested in the opportunity please don't waste my time as I have enough respect for you to not want to waste yours.

Keep in mind this is not a get rich quick idea, and my success is a result of the efforts I have put into it.

Dave

I have never heard of this company, but this seems like one of those "If it's too good to be true....." It was asked by another poster that someone provide proof that they were making as much as they said. So low and behold we have Dave from Riverside. Who according to his story was able to make 100K in just a few months, and just a couple weeks of work. But lets look and see if this actually makes sense...

He is a Tax Accountant of 10 years. Would any smart business person really leave their customers hanging during the most important time of the year for them? I could almost guarantee that if in fact he did do this, he no longer has these clients. Because the client(or the IRS) could care less that their accountant decided to take a week off instead of doing their taxes.

If we expand this amount out over a year he would be making about 300K a year. Is a Tax Accountant(especially one who takes off during tax time) going to make anywhere near this amount of money...probably not. So why would he not just quit doing accounting and working at this opportunity full time?