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One last thing now that I have learned more I would ask what it the success rate of your students. How many students do you have and what is the failure rate compared to industry average if they purchase the XLT. A lot of students don't want to speak out fear of what may happen. The truth will win in the end.
Can you help answer these questions from other members on NexusFi?
Their methodology is based on supply and demand. Look up Sam Seiden on Youtube and you will get the gist of it. It all makes sense, but finding good supply and demand zones is tricky. Their Classes and XLTs help reinforce the methodology. The old DVDs follow the old curriculum from before Seiden became director of training at OTA.
PS: They have even patented their methodology. Check it out here.
(you beat me to it dk27 ) Good to hear of this action by the authorities. Maybe a bit of an end of an era of these older multi-decade upselling bait scammeisters and organizations.
Yes, I hope so. Also that number is only representative of how much they estimate in US, they have been very active even in India (in fact are in cooperation with one of the largest brokers here "Sharekhan"), so I assume they have made no less money here as well.
Good to see some actions being taken against these decade long scammers, they have also encouraged lot of other scammers here who sell their method with some cosmetics. Its a whole chain I tell you.
who the hell would pay that much money for this. One part of me feels bad for all these people who got scammed but if your're paying 60k you have to be crazy. let alone losing 1.3M on this, wouldn't this draw any red flags?? you put 1.3M in anything long term and your coming out on top especially after the past 10 years or so.. not saying this is correct because its not but how do people fall for this?
Like the old saying goes" during a gold rush, the person selling the shovels makes all the money" and this is exactly the same thing just with a big shovel full of fraud.
-P
"Truth is not what you want it to be; it is what it is, and you must bend to its power or live a lie"-Miyamoto Musashi
) Good to hear of this action by the authorities. Maybe a bit of an end of an era of these older multi-decade upselling bait scammeisters and organizations.