Does anyone know if BNB Investor Academy and Michael Elefant are serious?

[Ramires Lima Barreto]

Hi all, I'm new here. I just found this site on Google search while trying to get more information about Mr. Michael Elefant and BNB Investor Academy. I follow him on Instagram and he contacted me to invest in his rents. I started talking to him about the minimum amount to invest, since I didn't know him or his company and he initially asked for $2,000 usd. Then he sent me a MoU for a 5k investment. And then he already tried to talk about a 10k investment. In short, he could simply not return the money or the profit by saying that he had reasons of force majeure, without clarifying any additional details. He also had no official identification of the company or the legal representative. When I asked for identification documents, he claimed it was too many documents for an investment of "only" $10,000. In other words, I strongly believe that this is a fraud. Does anyone know if this company BNB Investor Academy and Michael Elefant are serious?

[Alex Scattareggia]

I am familiar with the person you are talking about and as far as I know he doesn´t do syndication deals or take outside money from people in his coaching group.  You simply pay a flat fee for his course. 

Based on what you are saying I think the scam is the person who is contacting you on IG.  Check the profile closely to make sure that it is not a fake version of the real person. The reason I say that is most of these guys are selling courses and not looking for direct investments. I get these similar requests on Instagram weekly and almost always it's not the real person.  If they ask for an investment in a ¨fund¨ or anything to do with crypto it is an immediate red flag.