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    • Robert Kiyosaki Author of Rich Dad, Poor Dad Faces Fraud Claims
      • Kiyosaki has been sued for scamming customers. Kiyosaki positions himself as someone who is smart with money and can teach others how to become wealthy. However, the business practices and investing models he recommends in his books and seminars often come across as shady or even illegal.
      marketrealist.com › personal-finance › robert-kiyosaki-fraud
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  2. Sep 29, 2022 · Home > Personal Finance > Scams & Fraud. Robert Kiyosaki Has a Million-Dollar Brand, Faces Fraud Claims. Robert Kiyosaki has made millions off his financial books and seminars. Is his...

    • Kathryn Underwood
    • Robert Kiyosaki’s Bankruptcy
    • Kiyosaki, Amway and Rich Dad, Poor Dad
    • Is Robert Kiyosaki A Fraud?

    If you’ve read his books, you know that Robert started a nylon Velcro wallet company in the 1970s. His company fell apart, leaving him bankrupt, mostly due to overseas competition putting him out of business. He then decided to join his competitors and work together, which ultimately brought his business back to life for a while, but it still ended...

    Robert was involved with a company called Amway. My short-lived time in network marketing was actually with a company that basically evolved from Amway, so I don’t hold them in very high regard, but for now, this is about facts, not my opinion. Like I said, I first figured out about Rich Dad, Poor Dadfrom this MLM I was involved in. Related: 75 Bes...

    After the brief information I just laid out, it’s difficult to fully determine whether he is or isn’t a fraud; however, there is another way to look at this: “what can we learn from him?”. He obviously knows how to make money. He obviously has a mindset that has taken him from failure to success multiple times. His books are quite helpful, which is...

  3. Feb 13, 2024 · That is called “fraud”. Richard Emert at The Motley Fool opines, “Kiyosakis material is almost completely devoid of specific financial advice. Further, his material on making money in real estate appears to be little more than repackaged hype from the “no money down” real estate hucksters of the late ’80s.”

  4. Jul 22, 2022 · Kiyosaki, Amway and Rich Dad, Poor Dad Robert was involved with a company called Amway. My short-lived time in network marketing was actually with a company that basically evolved from Amway, so I don’t hold them in very high regard, but for now, this is about facts, not my opinion.

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  5. Feb 28, 2024 · Wed, Feb 28, 2024, 1:22 PM 3 min read. Robert Kiyosaki, a name synonymous with financial wisdom and controversy, has long championed the power of debt as a wealth-building tool. Known for his...

    • Jeannine Mancini
  6. Apr 5, 2024 · Rich Dad, Poor Dad's Robert Kiyosaki Cautions Boomers Are At Risk Of Going Broke As Their Retirement Accounts Full Of 'Fake Assets' Plunge. Jeannine Mancini. Fri, Apr 5, 2024, 7:00 AM...

  7. Rich Dad Poor Dad is a 1997 book written by Robert T. Kiyosaki and Sharon Lechter.It advocates the importance of financial literacy (financial education), financial independence and building wealth through investing in assets, real estate investing, starting and owning businesses, as well as increasing one's financial intelligence (financial IQ).

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