ilmscore | The biggest SCAM in finance

The biggest SCAM in finance

Published: 2020-01-24
Status: Available | Analyzed

Predictions from this Video

Total: 12
Correct: 0
Incorrect: 0
Pending: 12
Unrated: 0
Prediction
Topic
Status
A friend of the speaker lost between $50,000 and $100,000 on Forex trading.
"one of my friends has lost between fifty and a hundred thousand dollars on Forex"
Forex Trading
Pending
The speaker's acquaintance who berated him for not investing in Forex likely lost six figures.
"the person has lost I'm guess I I imagine six figures"
Forex Trading
Pending
The speaker received a white paper about a promising altcoin approximately two years prior to the video's recording.
"I remember getting a white paper probably two years ago on what I thought was a really great alt coins"
Altcoins
Pending
After losing money in Forex, a friend took an options course and suggested options trading to the speaker.
"he took an options course and then he came to me again he said well you know I don't want to talk about how badly Forex is doing for me but um I've discovered options and we should get into options trading"
Options Trading
Pending
The friend who transitioned from Forex to options trading has lost $500,000.
"long story short he's now down half million dollars"
Options Trading
Pending
The speaker's friend is rumored to be losing an inheritance of $23 million to $23.5 million due to poor financial decisions.
"the rumor is the estate that he would be inheriting is worth twenty three or twenty three point five million dollars and he's losing it because of bad choices"
Inheritance
Pending
The speaker's children have seen a 22% return on investment in Vanguard funds over 1.5 years.
"my kids are up 22% in a year and a half on boring Vanguard funds"
Vanguard Funds
Pending
The speaker advises investing in Bitcoin, but not to the exclusion of other assets.
"one of the notes I will make is if you want to put some money in Bitcoin and stuff like that feel free to just don't put all your money in it"
MLM/Pyramid Schemes
Pending
A specific direct sales scheme involved selling licenses, which the speaker considers borderline to a pyramid scheme.
"this specific one was a direct sells thing where you're not selling anything you are selling licenses which is on the borderline of being a pyramid type deal"
Direct Sales Marketing
Pending
The compensation for connecting someone to an energy company was $1 per hookup, according to the regional vice president.
"after talking to the regional vice president of the company you got $1 to hook somebody up for energy with their company"
Energy Deregulation Sales
Pending
The revenue model for the energy deregulation scheme involved an $18 monthly kickback for every $25 monthly website template sold.
"for every $25 a month website templates a template do Pro deal for every template website you sell at $25 a month you get an $18 a month kickback"
Energy Deregulation Sales
Pending
The speaker has encountered a few exceptionally intelligent individuals who have been successful day traders.
"I've met a couple six a couple successful day traders and they were the smartest human beings I have ever met"
Day Trading
Pending