[LuckyS]

https://youtu.be/7UvCGS5gQ5o?si=b31h8z1j9rWj5y7L

[Keefelane66]

Promised an 18% return on investment absolute greed they should have known.

[Stu from NYC]

Originally Posted by Keefelane66

Promised an 18% return on investment absolute greed they should have known.

If you do not understand an investment or it seems to good to be true, Run!

[dewilson58]

There are four born every day.

[Dusty_Star]

It looks like he has been sent into bankruptcy proceedings.

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[coralway]

PT Barnum was right

[frayedends]

If I did something that stupid I wouldn’t go on YouTube and brag about it. But then I’m not stupid enough to invest in scams.

[Caymus]

Originally Posted by frayedends

If I did something that stupid I wouldn’t go on YouTube and brag about it. But then I’m not stupid enough to invest in scams.

Don't YouTube posters get paid for each view?

[CoachKandSportsguy]

Originally Posted by Dusty_Star

It looks like he has been sent into bankruptcy proceedings.

yeah, but where is all the money hiding from which he scammed people?
I heard that its a lot of money for something he used it for not in the business. .

scammers either spend it all on something, or hide it away somewhere where they hope to get it after bankruptcy

[Laker14]

Originally Posted by CoachKandSportsguy

yeah, but where is all the money hiding from which he scammed people?
I heard that its a lot of money for something he used it for not in the business. .

scammers either spend it all on something, or hide it away somewhere where they hope to get it after bankruptcy

Sometimes scammers don't even realize they are "scamming". They are convinced their wild dreams will work out if they can just get their hands on a little more "seed money".... Sometimes they are charismatic con men. Who knows?

Anybody who turned over their "life savings" to this guy must have been deluded. Makes me wonder how anybody that financially unsavvy could have amassed significant life savings in the first place.

[MrChip72]

Originally Posted by Stu from NYC

If you do not understand an investment or it seems to good to be true, Run!

Some of them probably thought that they did.

This sounds like a carbon copy of scam that has been done on the golf course. Guy claims that he's building a golf course and is offering limited spots for investors. The scammer shows up to play at several semi-private golf courses as a single to join 3 unsuspecting marks. He convinces some of the other golfers that they can make big money owning part of his golf course so they start throwing their money that way. Rinse and repeat.

[frayedends]

Originally Posted by Caymus

Don't YouTube posters get paid for each view?

I don’t think the scammed own the channel. You can make money on YouTube but it takes lots of subscribers and views. I believe you need 1000 subscribers to even qualify for monetization.

[tophcfa]

Always run away from a “Guaranteed Investment”!

[margaretmattson]

Originally Posted by tophcfa

Always run away from a “Guaranteed Investment”!

If you plan to invest in a business, at the very least look at the recent profit and loss statements, inspect and test the product(s) being sold, and ask about the marketing strategy. The man is not accused of fraud. Indiana placed a seize and desist for selling unregistered investment opportunities. Most likely, the case against him will not progress further unless investors can show substantial proof that he used their money for other purposes other than his brand of pickleball paddles and nets. For all we know, he may have a warehouse full of pickleball products and was unable to secure interested buyers or sponsors. If so, he is only guilty of what Indiana has enforced. In this economy, it was a bad idea to invest in an upstart business.

It sounds like the ladies were seduced by his popularity in the game. Maybe they believed his brand could become as successful as products like Air Jordans. Surprisingly, I see a potential where this could have worked. The ladies should have demanded the use of a professional marketing team.

[La lamy]

So freakin sad. Live and learn moment.