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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 · Robert Kiyosaki Has a Million-Dollar Brand, Faces Fraud Claims. Robert Kiyosaki has made millions off his financial books and seminars. Is his advice financially sound or is he more of a...

    • 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. OP • 12 yr. ago. Robert Kiyosaki repeatedly stressed that starting your own business is risk free and the easiest way to get rich, yet he's never done it - and has actually failed in business 3 times. He won't release his real estate investment history or his stock market investments.

  4. Feb 28, 2024 · Advertisement. 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 claim that his rich...

    • Jeannine Mancini
  5. Jan 4, 2024 · January 4, 2024, 4:50 AM PST. “I use debt as money and I don’t save cash because in 1971 the dollar became debt,” the "Rich Dad, Poor Dad" author Robert Kiyosaki said. Matt Carasella—Patrick...

  6. Jan 6, 2024 · Jan 6, 2024 2:11am. By Hannah Erin Lang. 'If I go bust, the bank goes bust,' said the 'Rich Dad Poor Dad' author. 'Not my problem.'Robert Kiyosaki, of his purported $1 billion-plus in bank...

  7. Jan 18, 2020 · The best-selling personal finance author of all-time has a new book out this week, and while he lays out some frightening allegations in his book, the thing you should worry about the most is...

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