Confessions of a Scam Artist - Some Gurus Know These Tricks!

[Wendell De Guzman]

Hey BP Nation specially Newbie Investors:

I found this article and I believe everyone should read this. This will help real estate investors and wannabee investors from being manipulated by the gurus:

CONFESSIONS OF A SCAM ARTIST

I see a lot of gurus employ the scammy tactics this ex-scam artist used to employ.

Scammy gurus will stir you up...fueling those greed glands promising you that you will make millions with real estate while working 4 hours a week...they will get you to think of your family and they will make you EMOTIONAL about needing to spend more time with them. Then they will tell you to become FREE and earn millions, all you need to do is ask your credit card company to raise your credit card limit so you can pay them their $40,000 coaching and mentoring fee.

And they employ the scarcity tactic saying that you should NOT think about it because tomorrow their offer is gone. They will lower it to $30,000 if you buy today.

SO these newbie investors become emotionally stirred up. They make such a BIG BUYING decision based on emotions. Logic is thrown out the window and $30,000 sounds like a deal.

Don't fall for these tactics my friends.

I've seen far too many, what would otherwise be smart people fall for these scams.

You've been forewarned. Now you know their techniques and tricks. Scam artists use them. Are all gurus scam artists? Probably not but if they employ these techniques and tricks...you should be wary and think that maybe you're dealing with one.

You're all very welcome!

[Robin Wilk]

I can honestly say that was an interesting article but I would have thought that women are more emotional than men. Although men don't ask as many questions as us women do. Or at least I ask a LOT of questions guess I should thank my sometimes insatiable curiosity for that. I can honestly say that I have been to a few local seminars and haven't gotten sucked in. Why? After years of being pitched too about damn near everything under the sun (I'm only 32) and unfortunately falling for some of these scams myself. I've learned how these people work and I guess I've just turned my blinders on as it were and continued on my way. One question I want to address also is will the scamming ever stop? In my opinion no I don't believe it will. Why? Human nature, these people are praying on people's emotions to make decisions and when they start off with "I was broke at one time" people feel an immediate connection. Best advice I can give to newer and wannabe investors is before they even begin the pitch turn off your emotions and turn on your logic.