Karatbars ... Is it really a good investment?

[Cassandra Sifford]

Hey BP fam! I've had three different people (my contractor, family member and a friend) speak with me in regards to investing in Karatbars. I did a Google search and looked at their site to become more familiar, but I'm still a little apprehensive. The friend forwarded me a few videos to watch but I'm still skeptical on the financial return. I've purchased my 1st investment property and am nearing the end of reno, I invest in a 401k (company match) and have funds in savings but want to ramp up my financial future for a long term return that is strong. Does anyone invest or have knowledge about Karatbars? Any input is much appreciated! Thanks ... Cassandra

[Jassem A.]

From what I've read, it's a pyramid scheme. It is possible to earn money in these types of schemes but it's very unlikely and can take a lot of patience and diligence.