• Report: #734312
Complaint Review:

Rich Dad Knowledge: The New Money

  • Submitted: Sat, May 28, 2011
  • Updated: Sat, May 28, 2011

  • Reported By: Randy — Julian California United States of America
Rich Dad Knowledge: The New Money
5480 Grand Pacific Drive Carlsbad, California United States of America

Rich Dad Knowledge: The New Money Rich Dad Education Waste of Time Carlsbad , California

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This is taken directly from their ad campaign: 
Find properties to boost CASH FLOW
Use real estate to build wealth - in any market condition
Turn foreclosure investments into financial gain
Overcome fear of failure and manage risk!

The first seminar is free and I did not learn any of the above issues.  The seminar is about taking hard working people's money by luring them into pay $199 for their 3-day course with their expert team that will then teach them about the above promises.

From the complaints that I've read, that doesn't take place at their 3-day seminar either.  At the free education seminar, the speaker encourges people to find $199 in any possible way.  I suspect the speaker gets a commission on how many people he can enroll in the 3-day course.

The speaker suggested to pawn your jewelry in order to come up with the money.  If it weren't illegal, I suspect that the speaker would have suggested robbing a bank or steal from a relative!

This is just another scam to convince the average struggling citizen to pay with money that they don't have in order to learn about the secrets of the rich.

This same information can be found by simply researching the Internet or checking out books at the local library.  Anyone can learn these tips without investing a dime.

This report was posted on Ripoff Report on 05/28/2011 10:36 AM and is a permanent record located here: http://www.ripoffreport.com/reports/rich-dad-knowledge-the-new-money/carlsbad-california-92008/rich-dad-knowledge-the-new-money-rich-dad-education-waste-of-time-carlsbad-california-734312. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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