I've had his trading bot for 6 months now with average 13% monthly returns. Without a losing month. So it's not all a scam. I'm in the positive. I'm up almost 80% in 6 months.
My old man while not super wise on tech once told "son if they really had a quick rich scheme they wouldnt share or sell it. Think about it, if you have that ability you have power and control on it. Adding people will only ruin and lower your income. Nobody would share or sell. Its silly" And by god it makes sense. Why slice a pie you have full control over and will set you forever? Adding people is only uneeded variable to loose that ability basically
@@vanhuvanhuvese2738 "I was like why I am following the old way of trading forex that doesn't make money so I created a forex bot that makes lots of money"
How to get rich: sell a book or course on how to get rich. Man this is almost too easy. If I had no morals all I had to do was rent a lambo, hire some models, rent a private jet for some pics, and boom: fake guru.
What you just described is the dave Ramsey approach. People think he got rich from real estate but forget about his courses that generate nonstop money from suckers.
That’s the part that is stopping: my morals. I just can’t stomach lying to others and taking their hard earned money. It’s not in me and i can’t relate to people who do that and sleep fine at night. I won’t cry for them.
I worked with an artist in music some years ago and it was eye opening to find out people actually BUY promo in major publications and write their own bios, backgrounds and in some instances critical rewiews of their own work for the public to absorb as independent unbiased editorials. Literal ads written as critical reviews from a credible source
I never worked in music or entertainment but it’s a rule of thumb for me and many friends I know that we should expect a good number of comments to be contrived or bought. Feels like a lot of people on social media even create several alternate accounts just to artificially boost up their likes and comments on their posts. Seems like it’s become a common practice.
Podcasts, seminars, and entertainment is not as hard as working a regular day job. Sure it takes a special skill set and it doesn’t take effort, but they’re a lot easier than working a 9-5, having managers and bosses at the same time, having to deal with coworkers, company policies, company standards, and commuting to work. Yet these folks want to make 9-5 jobs seem like a “suckers game” so they can milk their followers dry of money.
Hi Spencer. I love what you do. (Serious) day trader here. Been doing it for 4 to 5 years. Reached consistent profitability 1 year after starting. I would like to make one comment: Prop firms, in their majority do not authorize the use of what is called EA (Expert Assistant) or what the fake guru is calling trading software or whatever. Moreover, even big firms do not run one "trading softwares". They often run algos and these are right for some time and then they are tweaked, updated, changed etc. So for any gullible guy there, THERE ARE NO TRADING SOFTWARE that would make you rich. The best possible scenario is it will work for a certain period then it will stop when market conditions will change. In any case, thanks for this video, an eye opener...
18 years in the recovery based investigation field here. Using credit cards to invest in a high risk business is hands-down dumb. Most people are going to end up in serious debt and then comes the post judgement remedies like wage garnishments and bank levies. That's the other thing investing on credit leads to.
And yet i receive letter from several banks every other couple months with "exclusive credit deals" bla bla nonsense.... they really try to get you into the debt treadmill. Avoid debt at all costs, save up, pay in full and avoid any of those "sweet" looking credit offerings that "would allow you to get xy NOW instead of couple month down the road".
he doesn't strike me as a fraud. if someone can send proof that he doesn't own any property, then I can make a video. other than that, not a video to make.
Honestly, they do teach you how to make money, you dont even have to pay. All you gotta do is copy exactly what they do. Make your own get rich quick scheme and convince idiots into giving you money.
@steverogers7601 Thats exactly why most nice people are poor. I get it, morality gets in the way. It gets easier once you realize morality is a human construct and the lives most of us live isnt natural. A natural life is the life we used to live before we domesticated ourselves. Survival of the fittest has no time for nice people. Those ancient rules are still in effect to this day. Why do you think the people at the top are so ruthless? They understand that life is inherently a competition. There are too many mouths and not enough to go around, even if there is enough to go around.
Not really. Most people are incredibly naive and a good amount really dumb. We have the ideal population for running scams. Look at who fell for FTX. He didn't even have a good hustle but people gobbled it up.
Every time with these "5% growth" per month nonsense, that would be almost 80% per year where the average is 6%. Its truely amazing that people fall for these promises without asking "if this doubles my money every 14 months, why aren't more people doing it?"
@@okgroomer1966you can get 5.35% in 3 months through CDs. I just bought one on schwab from BOA NC. Interest rates are high as hell right now. I’ll be buying more in January.
Pro day trader here, Forex trading is not easy , whether using a bot or manually. So many variables involved, experience, intuition, risk management , discipline, financial knowledge etc. Worse still most bots these gurus sell are completely bs , add to that the fact bots can't really adapt to changing market conditions well enough and that is a recipe for disaster for your portfolio. Don't ever believe anyone that tells you trading is easy and it will be on autopilot. They are selling you a lie .
The thing that gets me with those gurus is the seemingly lack of common sense in nowadays society. IF there would be a passive, easy, no risk involved, 100% guaranteed success rated way to become a millionaire, THEN why would anyone sane sell this information. If everyone is a millionaire then money will be devalued to an extend that we are back at where we started. Wishful thinking doesn´t work in reality. There is only so much money to go around, IF you make it then someone else loses it. The hard way is to find ways to lose less then you gain, without being a jerk an exploiting other people. Common society, you can do better then that, use that grey matter even if this means spencer would have less content to create.
10:40 - EVERY time I hear some whacko say: "Passive income", it's a massive red flag. Basically it gets trumpeted as "easy money for nothing..." And KUDOS for the Lucky Lopez plug! I LOVE his channel! He's spoken quite a bit about car rentals and risks with it too.
Dividends from stocks can be considered passive income, and it is legit. Also, some business owners get overrides which is passive income. It doesn’t have to be red flag.
After I got to know a fake guru in person, and I discovered how much they lie and manipulate to get clout, followers and money, I love watching these “fake gurus exposed” videos!! These narcissists need to be taken down!
Honestly, a lot of the people who fall for these particular kinds of scams, are also scammers thenselves. They are the kind of people who don’t want to work, or can’t hold a job. so they are trying to find a way to make money, without actually working. or get rich quick scheme. They try to outsmart the system, and outsmart themselves.
Are there ever any of these guys who dont make millions off scamming people? Everytime a new scammer comes out, either a quick rich scheme, fake guru or a televangelist they are almost guaranteed to make millions. It’s no wonder why they do it
9:30 correction, skip the REIT’s and just invest in either a spy index or total market (voo or vti) then it’s good advice. You don’t want any dividends in a taxable acct anyways, as it’s basically a forced withdrawal.
Fair advice. Most forget, though, that tax rates on dividends (and all long term capital gains) is 0% for income below $88k for married filing jointly. Just taking the standard deduction (~$25k) means a family can have total income around $120k before paying tax on those dividends. Add the max Schedule E deduction ($25k) for real estate “losses” and that family can be straight up upper class but paying nothing. Tax code was written by land owners and inheritors of portfolios.
@@jaredflurry937 You make a fair point too. In my opinion, it almost doesn’t seem worth it at that point - if you’re making under 44k~ single or 88k married, the amount of capital working for you is pretty low anyways. Not to mention that most people, once they get their first “real job” will easily clear that number and get hit with the 15% tax, even if qualified. Most REITs are non-qualified dividends too making the tax situation worse - this is all assuming they’re in a financial position that they would care about tax drag.
Especially nowadays with all the sites like this and countless others exposing these scammers every day. I no longer feel sorry at all for people that get scammed by this type of thing. There is a point where you have to take self responsibility for your own well being. If you are told repeatedly don't go walking downtown at 3:00am or you will likely get robbed and you continue to do it anyway, you take a large part of the blame when you do get robbed.
The part that took me out is @ 0:3:40 you see a bot (A.I.) that is repeatedly asking for "Sir - Austin" to comment on a post, yet not specifying which post to comment on! 😂😂😂 I hope people (scammers) are starting to realize that this scamming situation *DOES NOT END WELL* later on down the road, and one of the reasons why the feds have a very high conviction rate is that they *WILL let you get away* for a short while, but then somewhere down the line the first domino will fall, and then you get JUMPED by the feds!! Oh and your fake entourage/friends/family will sell you out in order to avoid the consequences, but while you're "at the top", they'll be with/around you 24/7.... 😂😂😂😑
I was so scared when I saw Lucky….I respect him a lot. I thought it was a vid of him backing that scammer at first. Glad to see it was him blowing that clown outta here
Also all the idiots taken in by photos of high end cars....stop it. A car is a depreciating asset. You don't need to pay out the nose for sonething thst should get you from point a to point b just so you can maybe impress the one dummy on the block that you don't even know.
The only time I would believe someone who is trying to give away a profitable system is if they were retiring after making millions and no longer needed it. But even then, the system would only be profitable for a short time until it became popular and then the edge would disappear.
It’s amazing to me how people continue to fall for scams! These people get rich off the money their victims pay them for the BS course/programs they’re selling. They’ve never done anything they claim to have done!
Does anyone remember the guru that was selling tiny little classified ads? His $20 kit actually had useful information. He went into detail about many of his failures and how he should have done things differently. He also stressed to live and die by your word. Years later he screwed up and endorsed a scam product. Instead of doing like a lot of people and hiring a legal team to try to get off He apologized for accidentally leading them into a scam then resigned from living.
Rule number one. There's no way to get rich quick. Rule number two. Never trust a guy who tells you to teach you how to get rich by buying a course that is making him rich and that's his only way he got rich. Rule number three. Never taking investment advice from somebody with a Macklemore haircut
I work for a top 5 insurance company, and i handle auto claims. I can’t tell you how many claims we reject, cause we found out they were doing these rental scams and loaning out their car. We have an entire department that investigates this. Unlisted policy driver- driving out of state or at an event? 🚩we save a lot of money not having to pay those claims
interesting. sounds like it's common enough to justify having a team of people focused on it. these kinds of schemes blow up when the economy turns and exotic car rental demand goes down.
I have a friend who used to work for him, and I have been in college classes with him. He might have consulted for Microsoft in the past, but he is from a wealthy family. There is so much more I know about him, but I just dont want him or anyone know him to find out.
Made "several hundred thousand dollars" probably from other peoples initial investments. You also cannot guarantee results. He also doesnt sound confident in his answers. They all sound rehearsed and unauthentic.
Forbes Israel and last name is Zelan 😭😭😭😭 Let me guess what comes next: He gets sued, investigated by the DOJ and flees to Israel where he’s protected by non extradition laws? #KanyeWasRight
"Get rich quick" is the second oldest con after "double your money", how people are still falling for these quacks is a mystery. Then again it is either 1. You believe the snake oil he's selling in which case that's on you. or 2. You don't believe the snake oil he's selling but hoping to outcon the conman before the jig is up and it backfires badly, also on you.
Every time Spencer exposes these guys I can't help but think of Homer Simpson going to clown college. 'That's it! You people have stood in my way long enough. I'm going to clown college! ' or Trump university , either works.
A thousand new millionaires he says? Yeah, if I had a surefire system, I would TOTALLY want to create a thousand competitors to it...Also, that guy looks like he just started shaving last week.
i have a freind on facebook trying to fake being a influencer he is always bragging about going to the club and all the money he makes off investments but in reality he has had to borrow nearly 1k from another's freind of mine and has to keep borrowing to pay for what he claims is gas money then a hour later he would again post about going to the club in his tesla he claims to have made half a million dollars which i dont belive since he has to borow for his tesla
The exotic car scheme is just plain crazy. The numbers are not accounting for any maintenance on those cars (which is super costly, and eats up utilization time with it being unrentable), customer damage, non-utilization (due to repairs, maintenance, no bookings, etc.), credit card chargebacks/disputes, insurance, etc.
I love watching Spencer's videos because they always give me a good idea of the current level of stupidity in society at the time they are posted. Damn me and my morals to not be the next video subject.
I do run my own very niche trading account where I average roughly 8% monthly returns. Will I show you how? Heck no! The liquidity is limited and no way am I sharing it with anyone. It also means I won’t become a trillionaire by next Christmas thanks to compounding interest. I make a fine little return on the $50k I run through the program though and I love the trading business overall. I share all that to say this: there definitely are guys with a trading system that reliably makes strong monthly returns. Are the legit ones about to sell it to you? Absolutely not. Why would I when I can just run the system myself and make all the available profits myself?
Funny. He has his own Subreddit which was definitely not created by him (/s). None of the posts seem to have any comments. Also, there haven't been any posts in 9 months or so.
Or popular in the UK area around 1915sv "Dear Sir, We feel that you should be made aware that your Indiscretion has been mentioned one of our Informal Reporters. It is not our practice to Smear Upstanding Cutizens. We covered their Per Piece/Story Fee. We have no intention of publishing this in our Circulation without offering you the option to redeem our deficit.
I love when EVERYONE talks about leaving their "9-5" or talking about everything leaving their "9-5" when most people they are talking about work menial jobs such as retail or the food industry. Having a fluctuating schedule every week and weekend days at all times of the day is NOT a "9-5!" Hahaha it's so so stupid. Unless you work a white collar job, chances are you check your schedule at your job (such as at Walmart) and it may be 10-7 on Monday, 3-11 on Tuesday, etc.
Go to my sponsor aura.com/Spencer to try 14 days free and let Aura go to work protecting your private information online.
Spence ya boy Cesar Pina just got arrested when are you going to do a video update on the ponzi
Stay safe everyone!
@MrDjBigZ real life for sure
I've had his trading bot for 6 months now with average 13% monthly returns. Without a losing month. So it's not all a scam. I'm in the positive. I'm up almost 80% in 6 months.
This sponsor might not be as sketchy as Austin, but those are some clearly over-the-top claims there aswell.
50 grand a month for clicking a button seems like too much work. I'm only investing in a scam if it requires no clicking.
Agreed
LoL 🤣🤣
Look at the username
Hall of fame username 😂
😂
"i'll show you how to get random strangers to give you $20, just send $20 and i'll give you the blueprint to financial independence....."
☠🤣🤣
LOOOOOOOOOOOOOOL
Can we just create a coin for scammers ? Bozocoin
Exactly! These scams go back as far as the first mass distribution newspapers. It’s sad that it always seems to to work on some people.
@@RenButlerthey target desperate people who need money😢
My old man while not super wise on tech once told "son if they really had a quick rich scheme they wouldnt share or sell it. Think about it, if you have that ability you have power and control on it. Adding people will only ruin and lower your income. Nobody would share or sell. Its silly"
And by god it makes sense. Why slice a pie you have full control over and will set you forever? Adding people is only uneeded variable to loose that ability basically
Too right!, that is a very wise man
Maybe not super wise but wise enough, Thanks for sharing. Salute to the old man
Gate keeping is a necessity.
Duh…but yes he’s right
Ture that
If anyone says THEY “created software” that means they don’t know how to and did not….
correct software developers dont use such language
@@vanhuvanhuvese2738 "I was like why I am following the old way of trading forex that doesn't make money so I created a forex bot that makes lots of money"
@@vanhuvanhuvese2738not true humans use whatever language they want.
How to get rich: sell a book or course on how to get rich. Man this is almost too easy. If I had no morals all I had to do was rent a lambo, hire some models, rent a private jet for some pics, and boom: fake guru.
That’s too slow for gainz. I would take lambo rental money and put it all on crypto futures . Yolo shiba and pray
What you just described is the dave Ramsey approach. People think he got rich from real estate but forget about his courses that generate nonstop money from suckers.
That’s the part that is stopping: my morals.
I just can’t stomach lying to others and taking their hard earned money.
It’s not in me and i can’t relate to people who do that and sleep fine at night.
I won’t cry for them.
I worked with an artist in music some years ago and it was eye opening to find out people actually BUY promo in major publications and write their own bios, backgrounds and in some instances critical rewiews of their own work for the public to absorb as independent unbiased editorials. Literal ads written as critical reviews from a credible source
I never worked in music or entertainment but it’s a rule of thumb for me and many friends I know that we should expect a good number of comments to be contrived or bought.
Feels like a lot of people on social media even create several alternate accounts just to artificially boost up their likes and comments on their posts.
Seems like it’s become a common practice.
Patrick Boyle did a video on how fakes like Theranos, SBF get covers and articles in Forbes
NEED THAT DJ ENVY AND HIS BUSINESS PARTNER UPDATE VIDEO SOON!!!! 🎉🎉
U have not heard breaking news
@@jmjaudioit’s one thing to see in the news and a whole other to watch Spencer’s breakdown of the situation
There’s nothing wrong with getting a job. Would prefer to do that then follow these gurus 🤷🏾♀️
Yep
You would at least have guaranteed returns 😂
Ye of little faith
Podcasts, seminars, and entertainment is not as hard as working a regular day job.
Sure it takes a special skill set and it doesn’t take effort, but they’re a lot easier than working a 9-5, having managers and bosses at the same time, having to deal with coworkers, company policies, company standards, and commuting to work.
Yet these folks want to make 9-5 jobs seem like a “suckers game” so they can milk their followers dry of money.
You should cause you'll get paid
Hi Spencer. I love what you do. (Serious) day trader here. Been doing it for 4 to 5 years. Reached consistent profitability 1 year after starting. I would like to make one comment: Prop firms, in their majority do not authorize the use of what is called EA (Expert Assistant) or what the fake guru is calling trading software or whatever. Moreover, even big firms do not run one "trading softwares". They often run algos and these are right for some time and then they are tweaked, updated, changed etc. So for any gullible guy there, THERE ARE NO TRADING SOFTWARE that would make you rich. The best possible scenario is it will work for a certain period then it will stop when market conditions will change. In any case, thanks for this video, an eye opener...
Nico, this is why I'm a Gamestop swing trader and my trading guru is Pi-Fi or Pickle Financial. I've gone all in on Gamestop shares and calls.
@@braetonwilson4296this guy Wall Street Bets
18 years in the recovery based investigation field here. Using credit cards to invest in a high risk business is hands-down dumb. Most people are going to end up in serious debt and then comes the post judgement remedies like wage garnishments and bank levies. That's the other thing investing on credit leads to.
And yet i receive letter from several banks every other couple months with "exclusive credit deals" bla bla nonsense.... they really try to get you into the debt treadmill. Avoid debt at all costs, save up, pay in full and avoid any of those "sweet" looking credit offerings that "would allow you to get xy NOW instead of couple month down the road".
Did you see the feds officially arrested and indicted flippin NJ, aka big pun of NJ real estate
I did lol. Much quicker than I imagined
@@SpencerCornelialooks like he posted the 1m bond pretty quickly too since he’s back on IG lol
Do have a video on Tom Cruz the section 8 guy
he doesn't strike me as a fraud. if someone can send proof that he doesn't own any property, then I can make a video. other than that, not a video to make.
Honestly, they do teach you how to make money, you dont even have to pay. All you gotta do is copy exactly what they do. Make your own get rich quick scheme and convince idiots into giving you money.
It's easier to just get them addicted to drugs and be there to feed their habit. At least that's a honest transaction.
Lmao the only problem is that I don’t like scamming others out of their money, even if those people are fools.
@steverogers7601 Thats exactly why most nice people are poor. I get it, morality gets in the way. It gets easier once you realize morality is a human construct and the lives most of us live isnt natural. A natural life is the life we used to live before we domesticated ourselves. Survival of the fittest has no time for nice people.
Those ancient rules are still in effect to this day. Why do you think the people at the top are so ruthless? They understand that life is inherently a competition. There are too many mouths and not enough to go around, even if there is enough to go around.
@@barnacleboi2595 oh 😶
I’ve just learned to not trust any of these guys. And if they’re making sooooo much money, why do they want ours?
It’s crazy people still fall for this 😮
There's one born every minute
A new dummy is born every minute.
Desperate times
Not really. Most people are incredibly naive and a good amount really dumb. We have the ideal population for running scams. Look at who fell for FTX. He didn't even have a good hustle but people gobbled it up.
It’s just a lot of people who are either desperate and naive/inexperienced, or others who are genuinely not smart or use critical thinking.
Keep exposing these fools Spence!
Always keep in mind that when you talk more about people than the company there's something fishy
Every time with these "5% growth" per month nonsense, that would be almost 80% per year where the average is 6%. Its truely amazing that people fall for these promises without asking "if this doubles my money every 14 months, why aren't more people doing it?"
okay 5% is possible, not consistently but yeah
Can't you get 5% in 1 month government bonds? I haven't seen the rates in awhile bit they were over 5%
@okgroomer1966 Per month? Those rates were per year.
No bank gonna double your money every 14 month my friend. You're underestimating their greed.
@@scipio764 government bonds ding dong. 30 day has been hovering around 5%
@@okgroomer1966you can get 5.35% in 3 months through CDs. I just bought one on schwab from BOA NC. Interest rates are high as hell right now. I’ll be buying more in January.
Congrats on 500k Spencer you definitely deserver it!
Pro day trader here, Forex trading is not easy , whether using a bot or manually. So many variables involved, experience, intuition, risk management , discipline, financial knowledge etc. Worse still most bots these gurus sell are completely bs , add to that the fact bots can't really adapt to changing market conditions well enough and that is a recipe for disaster for your portfolio. Don't ever believe anyone that tells you trading is easy and it will be on autopilot. They are selling you a lie .
The thing that gets me with those gurus is the seemingly lack of common sense in nowadays society.
IF there would be a passive, easy, no risk involved, 100% guaranteed success rated way to become a millionaire, THEN why would anyone sane sell this information. If everyone is a millionaire then money will be devalued to an extend that we are back at where we started.
Wishful thinking doesn´t work in reality. There is only so much money to go around, IF you make it then someone else loses it. The hard way is to find ways to lose less then you gain, without being a jerk an exploiting other people.
Common society, you can do better then that, use that grey matter even if this means spencer would have less content to create.
10:40 - EVERY time I hear some whacko say: "Passive income", it's a massive red flag. Basically it gets trumpeted as "easy money for nothing..." And KUDOS for the Lucky Lopez plug! I LOVE his channel! He's spoken quite a bit about car rentals and risks with it too.
Dividends from stocks can be considered passive income, and it is legit. Also, some business owners get overrides which is passive income. It doesn’t have to be red flag.
Passive income with Austin Zelan is like the Loch Ness Monster - rumored to exist, but no one's seen it
Or like UFOs. You heard of them, but you never actually saw one.
After I got to know a fake guru in person, and I discovered how much they lie and manipulate to get clout, followers and money, I love watching these “fake gurus exposed” videos!! These narcissists need to be taken down!
How do people STILL continue to get scammed by literally the SAME EXACT scam that’s been happening for years.
It's mind blowing how some people are gullible
A fool is born every day
Honestly, a lot of the people who fall for these particular kinds of scams, are also scammers thenselves.
They are the kind of people who don’t want to work, or can’t hold a job. so they are trying to find a way to make money, without actually working. or get rich quick scheme. They try to outsmart the system, and outsmart themselves.
We need a bot to expose fraudsters like these so they can be sent to where they belong... prison...
500k man! Congrats! Been here since 10k!
Do decimal points also count towards the six figures income? 0.00000?
Are there ever any of these guys who dont make millions off scamming people? Everytime a new scammer comes out, either a quick rich scheme, fake guru or a televangelist they are almost guaranteed to make millions. It’s no wonder why they do it
9:30 correction, skip the REIT’s and just invest in either a spy index or total market (voo or vti) then it’s good advice. You don’t want any dividends in a taxable acct anyways, as it’s basically a forced withdrawal.
My SRS today, which is 2x real estate downside, was up 5% today! Shorting the real estate market.
@@artfleming3606 Nice. Well played 😎
Fair advice. Most forget, though, that tax rates on dividends (and all long term capital gains) is 0% for income below $88k for married filing jointly.
Just taking the standard deduction (~$25k) means a family can have total income around $120k before paying tax on those dividends.
Add the max Schedule E deduction ($25k) for real estate “losses” and that family can be straight up upper class but paying nothing.
Tax code was written by land owners and inheritors of portfolios.
@@jaredflurry937 You make a fair point too. In my opinion, it almost doesn’t seem worth it at that point - if you’re making under 44k~ single or 88k married, the amount of capital working for you is pretty low anyways. Not to mention that most people, once they get their first “real job” will easily clear that number and get hit with the 15% tax, even if qualified. Most REITs are non-qualified dividends too making the tax situation worse - this is all assuming they’re in a financial position that they would care about tax drag.
Normally I would support VTI but right now, I'm all in on Gamestop shares and calls.
Spencer the Key Arena in Seattle hasn't existed since 2018 either LOL. Dude couldn't even lie with correct information!
I literally came here to post this. Dude would have been 22 years old, talking in a completely sold out Key. It's not even close to true.
_“Generally, the best thing to do after losing your money, is creating software that will lose your money for you.”_
Savage 😂 👏🏼
If you trust a clown like that you deserve to be scammed tbh
Exactly. The red flags in the face but they ignore it and cry later. "If it's too good to be true..."
Bro our generation so lazy these people will do anything to get money instead of actually working for it 😂😂😂😂 shit is crazy
Especially nowadays with all the sites like this and countless others exposing these scammers every day. I no longer feel sorry at all for people that get scammed by this type of thing. There is a point where you have to take self responsibility for your own well being. If you are told repeatedly don't go walking downtown at 3:00am or you will likely get robbed and you continue to do it anyway, you take a large part of the blame when you do get robbed.
Exactly.
Agree 100%. And even if they’re too dumb and fall for it, I fault them for trying to make money for nothing.
broooo, what a scammer...Lambo in NYC? FOREX?? great investments? What is this guy smoking?
The irony of this guy having an ad on this video is not lost on me. 😂
your mom must be proud of how well you can notice the obvious
The part that took me out is @ 0:3:40 you see a bot (A.I.) that is repeatedly asking for "Sir - Austin" to comment on a post, yet not specifying which post to comment on! 😂😂😂 I hope people (scammers) are starting to realize that this scamming situation *DOES NOT END WELL* later on down the road, and one of the reasons why the feds have a very high conviction rate is that they *WILL let you get away* for a short while, but then somewhere down the line the first domino will fall, and then you get JUMPED by the feds!! Oh and your fake entourage/friends/family will sell you out in order to avoid the consequences, but while you're "at the top", they'll be with/around you 24/7.... 😂😂😂😑
I was so scared when I saw Lucky….I respect him a lot. I thought it was a vid of him backing that scammer at first. Glad to see it was him blowing that clown outta here
Anyone who says they created “a software”…..DIDN’T!!
Also all the idiots taken in by photos of high end cars....stop it. A car is a depreciating asset. You don't need to pay out the nose for sonething thst should get you from point a to point b just so you can maybe impress the one dummy on the block that you don't even know.
So let me get this your right ?
This guy is exposing a grifter and
In the same sentence selling you something.
The world is wild
Things will just keep getting worse sadly. Too many sheep desperate for a shepherd
If he is making plenty of money himself, why does he need to make others wealthy?
He just wants to give back 😂
@@maxsykes8631Give what back to whom?
Isn't that the effective altruism thing that SBF helped himself to billions of customer deposits with?
Wym the banks do it all the time it’s called opm
Love it Spencer, great video
If someone is making money they don’t go out of their way to show others how to do it or sell courses about it. Its simple
There are a few decent course guys who teach trading equities, bonds, options, and such. Usually the ones who make no promises are decent.
The only time I would believe someone who is trying to give away a profitable system is if they were retiring after making millions and no longer needed it. But even then, the system would only be profitable for a short time until it became popular and then the edge would disappear.
they would only give it to one person who would keep it a secret
I constantly get those ads on UA-cam. It’s so annoying.
I have been scammed recently for thousands and multiple people I know were also scammed. How can I get your help?
Why is he not in JAIL
My BS detector immediately goes off when I see these goofy UA-cam commercials from supposed financial & fitness gurus. 🤦♂️
Doing the lords work🔥🔥🔥
It’s amazing to me how people continue to fall for scams! These people get rich off the money their victims pay them for the BS course/programs they’re selling. They’ve never done anything they claim to have done!
Does anyone remember the guru that was selling tiny little classified ads? His $20 kit actually had useful information. He went into detail about many of his failures and how he should have done things differently. He also stressed to live and die by your word. Years later he screwed up and endorsed a scam product. Instead of doing like a lot of people and hiring a legal team to try to get off He apologized for accidentally leading them into a scam then resigned from living.
I wish you start exposing these credit repair scams…
Rule number one. There's no way to get rich quick. Rule number two. Never trust a guy who tells you to teach you how to get rich by buying a course that is making him rich and that's his only way he got rich. Rule number three. Never taking investment advice from somebody with a Macklemore haircut
I work for a top 5 insurance company, and i handle auto claims. I can’t tell you how many claims we reject, cause we found out they were doing these rental scams and loaning out their car. We have an entire department that investigates this. Unlisted policy driver- driving out of state or at an event? 🚩we save a lot of money not having to pay those claims
interesting. sounds like it's common enough to justify having a team of people focused on it. these kinds of schemes blow up when the economy turns and exotic car rental demand goes down.
By the way, him talking in front of a red curtain is not a podcast. Its him talking at an angle to no one lol
I have a friend who used to work for him, and I have been in college classes with him. He might have consulted for Microsoft in the past, but he is from a wealthy family. There is so much more I know about him, but I just dont want him or anyone know him to find out.
Is he in the closet?
Why? Give us more.
Hey man I lost 10k to him so I’d like to know more! Embarrassing
Made "several hundred thousand dollars" probably from other peoples initial investments. You also cannot guarantee results. He also doesnt sound confident in his answers. They all sound rehearsed and unauthentic.
the fact that he's really Russian and operates under a fake name should say everything it needs to say.
Spotting fake guru 101 is them in a private plane
Forbes Israel and last name is Zelan 😭😭😭😭
Let me guess what comes next: He gets sued, investigated by the DOJ and flees to Israel where he’s protected by non extradition laws?
#KanyeWasRight
Just kidding I love the state of Israel Shalom Shabbat ❤️
“Private jet automation” 😂😂
Clown 😂 I couldn't believe what I heard
How do people still fall for this BS? Remember anyone teaching you, is just a teacher. Real business owners don't teach.
Report theses scammers to FTC
12:00 lol I just commented that I have a Phenom 100. And based on what people will pay for photoshoot I wish I’d have got a 300
The build quality on the 300s is not so nice… stick to Gulfstream…
Survival of the fittest applies to finance. At what point does one say "give me money, trust me bro" is no longer fraud? I think we're at that point.
2023 ...The year of exposing influencers
congrats on half million subs man
"Get rich quick" is the second oldest con after "double your money", how people are still falling for these quacks is a mystery.
Then again it is either
1. You believe the snake oil he's selling in which case that's on you.
or
2. You don't believe the snake oil he's selling but hoping to outcon the conman before the jig is up and it backfires badly, also on you.
why does it have to require a belief? why cant it just be plain stupidity.
@@DrSchor Because even a stupid person can "believe" a lie with enough convincing.
That's how you get the phrase "a sucker is born every minute".
Every time Spencer exposes these guys I can't help but think of Homer Simpson going to clown college. 'That's it! You people have stood in my way long enough. I'm going to clown college! ' or Trump university , either works.
Hasn’t been the “key arena” in a VERY long time 😂😂😂
I know so many people that got scammed by this guy!
Have them leave a review of their experience on TrustPilot and on his stupid better business with Austin Zelan podcast. Expose this scammer!
Love this spensenuer 😉 Keep it up my friend ❤
As an aviation professional, you are not making 25-40% ROI in private jet charter rental lol
Ok between these real estate scam dudes and these fake gurus I’ve come to the conclusion. Almost Everyone on the internet is a scammer!!!
lol I don't want to make you cynical. most are great. there just happens to be enough shitheads for me to go after that i can have a channel
Great video! I live in Dubai and here we see influencer after influencer renting super cars and having photos taken next to private jets. All 💯 fake.
A thousand new millionaires he says? Yeah, if I had a surefire system, I would TOTALLY want to create a thousand competitors to it...Also, that guy looks like he just started shaving last week.
Big fan and thanks for the knowledge!
I'm just curious, was there an earthquake taking place when you were filming the guy behind the microphone?
Never heard of those magazines or websites 😂
i have a freind on facebook trying to fake being a influencer he is always bragging about going to the club and all the money he makes off investments but in reality he has had to borrow nearly 1k from another's freind of mine and has to keep borrowing to pay for what he claims is gas money then a hour later he would again post about going to the club in his tesla he claims to have made half a million dollars which i dont belive since he has to borow for his tesla
You should tell your friend to stop.
I'm not saying he will listen to you but at least it's worth telling him.
lol this dude is a menace exposing everyone 🤣
The exotic car scheme is just plain crazy. The numbers are not accounting for any maintenance on those cars (which is super costly, and eats up utilization time with it being unrentable), customer damage, non-utilization (due to repairs, maintenance, no bookings, etc.), credit card chargebacks/disputes, insurance, etc.
exactly. it's like promoting real estate returns without including a mortgage and maintenance and insurance
Renting exotic cars is the way to go. You never have to deal with getting it fixed.
It’s crazy how people still pay these “gurus” to buy a course. It takes two to get into a scam, just my thoughts.
I love watching Spencer's videos because they always give me a good idea of the current level of stupidity in society at the time they are posted. Damn me and my morals to not be the next video subject.
Every generation will have scammers.
Marchel! What happened bro?!
Lamborghini Urus? You mean a Volkswagen Touareg.
Its pathetic that these false gurus take the lowest hanging fruit and don't just try to make legitimate businesses.
THE CRAZIEST AMOUNT OF FAKE GURUS OUT THERE ARE IN THE SPORTS BETTING INDUSTRY. EVERYONE CLAIMS THEY'RE A CAPPER NOW LOL
isreal forbes, never hear of that version. how much does he pay for that nonsense.
Luckyyyy!! Good collab guess both y'all in Vegas right
Holy shit though. 13:28 is flagrant
yea we're good friends
I do run my own very niche trading account where I average roughly 8% monthly returns. Will I show you how? Heck no! The liquidity is limited and no way am I sharing it with anyone. It also means I won’t become a trillionaire by next Christmas thanks to compounding interest. I make a fine little return on the $50k I run through the program though and I love the trading business overall.
I share all that to say this: there definitely are guys with a trading system that reliably makes strong monthly returns. Are the legit ones about to sell it to you? Absolutely not. Why would I when I can just run the system myself and make all the available profits myself?
Congratz on 500k subscribers!
Funny. He has his own Subreddit which was definitely not created by him (/s). None of the posts seem to have any comments. Also, there haven't been any posts in 9 months or so.
Awesome to see lucky in here. I’ve always gone to his vids for advice on flipping cars. Super knowledgeable dude
These courses would work in a GTA V type game. We’re you can UA-cam how to become a billionaire and manipulate the stocks by doing missions.
Spencer stay clowning these crooks 🤣🤣🤣🤣
Or popular in the UK area around 1915sv
"Dear Sir,
We feel that you should be made aware that your Indiscretion has been mentioned one of our Informal
Reporters. It is not our practice to Smear Upstanding Cutizens.
We covered their Per Piece/Story Fee. We have no intention of publishing this in our Circulation without offering you the option to redeem our deficit.
I love when EVERYONE talks about leaving their "9-5" or talking about everything leaving their "9-5" when most people they are talking about work menial jobs such as retail or the food industry. Having a fluctuating schedule every week and weekend days at all times of the day is NOT a "9-5!" Hahaha it's so so stupid. Unless you work a white collar job, chances are you check your schedule at your job (such as at Walmart) and it may be 10-7 on Monday, 3-11 on Tuesday, etc.