Scams, how do people get away with it? "The Secret Black Box Investment Strategies"

[ProdigyofZen]

http://blog.robfore.com/the-elevation-group-review/

Seriously how do people get away with this?

http://theelevationgroup.com/

"Taking You Inside The Secret Black Box Investment Strategies Of The Rich"

Seriously?

How do people take money from people who have very little money to give in the first place? This guy said this back on Aug 21, 2011.

"For the past three years, inflation has been the boogey man that everyone’s fearful of here in the US, but few have seen in any kind of significant form…
Yes, we’ve watched gasoline prices rise, we’ve noticed food packages shrink, and we’ve definitely seen the price of precious metals increase, but significant, painful inflation hasn’t hit US shores just yet…
Well as you can see, the tides are starting to turn… It’s not the price increase of the milk I find concerning, it’s the doubling in price of their animal feed in less than a year.
The unprecedented stimulus programs initiated by Washington and the Federal Reserve over the past three years have two purposes… To provide liquidity to the insolvent banking system, and to devalue the US Dollar in order to decrease the value of our debts.
While this may benefit the banks, the end result of these actions for you and I is price inflation. As they literally reduce the value of the Dollars sitting in your bank account, it takes more and more of these Dollars to purchase the same products and foods you’ve always consumed.
I predict that the US will ultimately end up in a hyperinflationary depression within the next 12-24 months.
As extreme as this may sound, all evidence is pointing in that direction…
Prices are increasing at an alarming rate…
Gold and silver are hitting new record highs daily…
The US credit rating was officially downgraded for the first time in history…
The stock markets are on the cusp of falling off the cliff, and into new lows that will surpass the crash of 2008…
While these events will usher in a level of pain and poverty that hasn’t been witnessed since the days of the Great Depression, they will also create the greatest financial opportunity of our lives…
You see, money and wealth are never destroyed… They are only transferred from the uneducated, to the educated.
If you want to know how to end up on the winning side of this pending tragedy…
If you want to know how to safeguard your family from the criminal acts of the banking system…
If you want to know how to profit during hyperinflation… "

http://theelevationgroup.com/evidenc...ome-in-austin/

[CanuckinTX]

Re: Scams, how do people get away with it? "The Secret Black Box Investment Strategies"

It's all that crap MLM stuff. I have a friend who lives, breathes sleeps this junk and he likes these guys so I know they're garbage.

The one thing they know is marketing and PR. If you web search for Elevation Group Scam you get a lot of hits that make you think someone is exposing them but it turns out to be a review that pretends to critique them. In the end they decide, oh it's not a scam, it really works! Like this review I found...

"If you join the Elevation Group, you will get the three things you need to make money through investments. The first is insider information, the second is the skills you need to act on the information, and the third is the right people who will help you."

Could they say less about what you get for all the money you pay them to join their secret society? Everyone knows that people with insider information are always willing to share, right??!!

[ProdigyofZen]

Re: Scams, how do people get away with it? "The Secret Black Box Investment Strategies"

I hope I meet this guy in Austin

These people take money from individuals who have very little to begin with. They should not be spending 97 dollars a month for their "advice and secrets"

All the testimonials are of people who "dont have much to invest with"

[CanuckinTX]

Re: Scams, how do people get away with it? "The Secret Black Box Investment Strategies"

Are you in Austin too?

They hook the dummies in with lines like 'Make $7,000 a month without doing any work!' The suckers expect they will have hundreds of people downstream and they'll just collect their piece of the pie. Instead all they do is pay money for nothing (ok they get access to dubious valued products), and probably end up ruining friendships or family relationships by hounding them to be part of their network.

[ProdigyofZen]

Re: Scams, how do people get away with it? "The Secret Black Box Investment Strategies"

I didnt know the Elevation Group was an MLM scheme? I thought it just did marketing for financial advice etc and you paid for it.

Actually I live in Dallas. I go to Austin frequently. You are welcome to PM me and we can meet up when I am in town. I should be there one of the first two weeks of April.

[dcarrigg]

Re: Scams, how do people get away with it? "The Secret Black Box Investment Strategies"

I hope I meet this guy in Austin

These people take money from individuals who have very little to begin with. They should not be spending 97 dollars a month for their "advice and secrets"

All the testimonials are of people who "dont have much to invest with"

I think it was Neil Tyson who, when asked what course he thought should be added to the American higher education system, said "How to tell when someone's full of BS."

Beware the man who talks a lot, but doesn't say anything.

[ProdigyofZen]

Re: Scams, how do people get away with it? "The Secret Black Box Investment Strategies"

Every president of the United States?

[Milton Kuo]

Re: Scams, how do people get away with it? "The Secret Black Box Investment Strategies"

If you want to know how to end up on the winning side of this pending tragedy…
If you want to know how to safeguard your family from the criminal acts of the banking system…
If you want to know how to profit during hyperinflation… "

Without even bothering to look at the web site, I'll wager that the answer to the above questions is, "Come to my seminar."

It's also highly likely that real estate (the foundation of every good huckster) somehow plays a factor in the plan these guys are hawking.

[ProdigyofZen]

Re: Scams, how do people get away with it? "The Secret Black Box Investment Strategies"

It seems they are actually pushing people into gold. At least it is the right asset haha but for the wrong reasons with no idea when to sell.

[lektrode]

Re: Scams, how do people get away with it? "The Secret Black Box Investment Strategies"

would think the time to sell will be when these hucksters start draggin in the masses...

as in: when the herd starts to move in their direction, kinda like last spring with the 'burn JPM, buy silver!!'

question becomes: when are we going to see the stock indexes start to reflect the reality that the string bernanke has been pushing on has been pushed into a corner?

up day today, so far - have the feb employment numbers hit the press yet?