Interactive Trader Shark Retreats Kevin O'Leary Kevin O'Leary's Shark Retreat Wealth Progran with Interactive Trader is a Scam Draper Utah
It is a pure scam. The 3 day course was full of promises; non, of which were delivered. They try to get you to increase credit card limits, so you can buy, yet another course. The 3 day course is worthless. They guy runs through everything 100 miles per hour. You ask a question and they tell you to take a more advanced course and that it is beyond the scope of this course to teach you everything.
They promised in the selling seminar to do actual trades with you that Friday. Instead, they show you trades they supposedly did.
Many of the concepts are full of holes. They tell you there is no risk in buying/selling options, but fail to tell you that when you set limits on trade prices, your order could be bypassed and you could incur substantial losses. They failed to tell you the risks involved.
Finally, I called 3 times to cancel the ongoing $29.95, but was on hold for over 20 minutes. Finally, today, I got someone on the phone. As soon as I asked to cancel, she hung up on me. This is the 3rd tine, I dealt with a seminar company from Utah. This is the same pattern with Guy Kawasaki's Rich Dad Poor Dad program. They use the celebrities to sell their bogus courses; then leave you stranded, with credit card debt. Stay away from all these scammers and charge back your credit card to them, so they learn the hard way.
1 Updates & Rebuttals
Kanchi
Commack,New York,
United States
Scam is harsh
#2General Comment
Fri, August 31, 2018
I am in the midlle of attending one of these seminars. While the speed of instructions is crazy fast leaving you a little disoriented with too much information, yet one cannot expect to learn the specifics of options trading in 20 hours. The workshop was meant to be informational and basic with a money back guarantee after completing the whole course. Yes they are trying to sell their courses but this company never suggested otherwise. In the end they are a business and so they are there to sell their wares which they do brilliantly. Plus the one thing that the instructor stresses ever so often is the risk involved in options trading or trading in general. Now if you want more details then take a course or then just study on your own.
A brilliant marketing and sales strategy but definitely not a scam.