Report: Nouveau Riche Unversity

Reported By: (Walnut California)

Nouveau Riche Unversity typical MLM, Direct Marketing, Ponzi/ Pyramid Scheme: BEWARE Nationwide Arizona

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Nouveau Riche Unversity

7077 E. Marilyn Road
Nationwide Arizona
U.S.A.
Phone: 480-850-1500
Web Address:

Category: Seminar Programs

Submitted: Tuesday, May 20, 2008

Last posting: Monday, March 23, 2009

I would like to know if anyone out there can help me get my money back. I joined Nouveau Riche because of my friend. I feel it is a scam because most of the member I talk to does not really care about real estate investing, all they want to do is making money off new member. I don't think it is right because if I'm paying "TUITION" for Education, just like when I was in college, then the "TUITION" should be strictly for the school use. I don't mind paying my Tuition to the company, but I really have hard time accepting the fact that the person(my friend) that I sign up through, takes half of my tuition and my other friends' as his referral fee, and go out spend it on high end toys, dinners, new cars, etc. While my friends and I are suffering to squeeze out the money because we thought we are paying the tuition to get education.

So I really like to know if someone have a solution that can help us get our money back from this company. Thank you!

Eric
Walnut, California
U.S.A.

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Randy - Sugar Grove (U.S.A.)

SUBMITTED: Monday, March 23, 2009 POSTED: Monday, March 23, 2009

Eric,

I agree with you totally. This opportunity does not appear to be for you. And it's just not for everybody - don't make that mean that the opportunity is no good or that you're no good at it. It just means you're not a match.

Being an entrepreneur is risky. That's why entrepreneurs make a lot of money - because at some point we've lost a lot of money. The goal is to end up ahead of the game at some point.

My recommendation is that you chalk it up to a business expense, find a more comfortable job with more security (not so easy anymore) and stay away from entrepreneurial work.

In my opinion, by the way, there is no better entrepreneurial opportunity than Nouveau Riche. But this is only my fifth company since 1985 - what do I know? :)

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