Quote:
Originally Posted by PokerEthics
Charging too much for a course isnÂ’t exactly a scam. It might not be worth what people paid but buyers have to be ware.
I donÂ’t mean to blame victims but cmon who the f pays $40k for 3 day course or whatever.. the numbers simply donÂ’t add up in my brain. How could you possibly get that much value in 3 days?
Part of the blame is on the greedy people falling for a get rich quick scheme.
Idk.. lawyers and salesmen and a lot of people in real estate are overcharging all day everyday and making a business out of it. It just seems unfair to point out nick. I cringe when I hear OPM.
I also donÂ’t know enough about the BBB or whatever regulates this sort of thing to say how scammy it was. But simply over charging idiots is on par with out maneuvering someone at a poker table. YouÂ’re taking advantage of being smarter than people.
I could be convinced heÂ’s more of a scammer w more details but on the surface heÂ’s just a fish oil salesman at worst and like every other person IÂ’ve ever met in the real estate world at best.
I don't know if Nick's classes are worth 40k or not, though I suspect not. As you said, the numbers don't make much sense.
I disagree with your premise though. There's a point where overcharging for something is a scam. Particularly if you are misrepresenting the value of that thing and using high-pressure sales tactics (I read the Canadian article someone linked, and this seems to be the case. You don't usually have to pressure and manipulate people into taking a great deal).
Sports betting touts are con artists. They know their picks are worthless. They try to trick people into paying for worthless advice. If I trick you or pressure you into buying a car with problems you don't know about for more than it's worth, scam. If I sell you a football autographed by Tom Brady, which happens to be the name of my accountant, that's a scam.
Some responsibility rests with the consumer. Agree with you there. But a lot of people are weak, foolish, desperate, vulnerable or not so sharp in their old age. And a scam is a scam.