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  • Report:  #1227169

Complaint Review: Wilson Luna

Wilson Luna Spirit of Wealth London

  • Reported By:
    Andy — london Alabama USA
  • Submitted:
    Wed, May 06, 2015
  • Updated:
    Wed, May 06, 2015
I remembered the Facebook motivational speaker Wilson Luna, the "mover, shaker, millionaire-maker", who promises to make you into a millionaire for £5,000 chargeable upfront, or just under £6,000, if you pay by installments. If you have read my January 2013 blogs, you would know that I am not a big fan of the man.

Recently I have met people who have left his course and are now being threatened with legal action, in such an inept way that just does not make sense for someone who has had money... so I decided to look a bit deeper into it.

Luna says in his own profile, uploaded by him: "However Wilson Luna now knew the secrets to financial freedom and managed to go from here to go on and build three multimillion-dollar companies before the age of 35.

Nowadays Wilson Luna is the Author of 4 best sellers as well as launching Australia's largest independent business and money brand "Your Family Your Money". He has spent a decade being the 'go to' guy for business advice for top CEOs worldwide.

In previous years Wilson Luna was responsible for putting 8 out of the twenty three infant businesses onto the Australian FTSE as well as aiding over 90,000 individuals create real monetary RESULTS in their lives today both in Australia and now in the UK."

That's a direct quote from something Wilson Luna uploaded on the Internet about Wilson Luna. I haven't changed the spelling or anything else. 

So, true or false? 

Let's do some maths. 
Wilson Luna was born in November 1971, so simple maths show that he would be 35 in 2006. So all we need to do is find what he did before 2006.

The Internet was already part of our every-day lives, but unfortunately I could not find any mention on the Internet of Luna's rags to riches story, except for from Luna himself. 

The easiest way to check someone's company directorships in Australia is to go on the Dun and Bradstreet website, DNB Express, and see what they have to say. DNB is the world leading business intelligence and business risk assessment website. Their databases are up-to date and it's a go-to place for CEOs of Fortune 500 companies.

All you need to do is put in the person's name, pay them 56 dollars, and hey presto, the report is on your desktop.

Well... 

This section has been updated 23 March 2013, in an effort to eliminate "inaccuracies" that Kerrin Medenyak's email  of March 19 mentioned. It is hard to find exact information but here is another best shot. Apologies for earlier minor inaccuracies Kerrin. I also thought it would be  a good idea to disclose in full my sources of information, since they are useful business tools which are publicly available. 


In addition to the DNB report on Luna's directorships and shareholdings, the information below is obtained from the Australian Securities and Investment Commission Register (dates of formation, changes of name and dissolution) and ABN Lookup.  ABN Lookup is the public view of the Australian Business Register (ABR). It provides access to the publicly available information supplied by businesses when they register for an Australian Business Number (ABN). I also used Creditorwatch Australia as a second source of information for Luna Group Pty Ltd.

Luna has been director of three companies in total. Two of them are now dissolved.

The first company on the list was "Opulent Creations Pty Ltd" It was formed in May 1997, and was originally called Luna Holdings Pty Ltd. This link  on the IBN Lookup website says that the company cancelled its activities in 2005. It was officially dissolved in June 2007. You can jump to ASIC information from the ABN lookup screen. 

The next one on my list is "Sage Cleaning Services Pty Ltd". This is not a very millionaire making name, but I am keeping an open mind. Here is its history: 
 
22/05/2003
Formed Quan Consulting Group Pty Ltd
12/06/2003
Renamed Sage Consulting Group Pty Ltd 
16/08/2005
Renamed Sage Cleaning Services Pty Ltd
22/07/2007
Deregistered voluntarily under Section 601AA 
 
The ABN lookup is here, and you can jump to ASIC from the ABN screen

PS 25/2/13: just found out, from the horse's mouth, that before becoming a cleaning guru, Luna, the Facebook cheerleader and millionaire-creator, also was an insurance salesman and a tied agent for AXA: yourfamilyyourmoney.com/Media/FranchisingMagazine.htm Read the text next to his picture. 

And finally, Luna Group Pty Ltd: this one has survived from 2008, but moved three times... including its main business address which looks like a hotel room. It is now registered to a private apartment. But it was registered when Luna was 37, so well out of the time frame we are looking at.

The ABN lookup is here, and you can jump to ASIC from the ABN screen

PS 23/3/2013: There is a South African multi-million dollar company of virtually the same name, Luna Group (Pty) Ltd, but it was formed in 1976 when Luna was a toddler, and does not appear to have anything to do with him. I could not find any connections. So thank you for asking me to check it. 

So if this is what the top multimillionaire adviser's business CV looks like, I dread to think what's at the bottom of the barrel.

And the maths seriously don't add up.

The drums are off-beat, the cello needs a tuner.... show me the money Wilson Luna! 

 

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