I was banned in West Aus (2014), found guilty of misleading/deceptive (2017), some "successful" students prosecuted - all steps on the way to #wealth#guru success! https://t.co/xWAQtV1mSh
If you're wondering who's right - the Federal Court or Rick Otton - check out "Debunking the Rick Otton scam" by (you guessed it) Rick Otton. https://t.co/fitrJKAPh1
@estate_epic 2/2 "The cross examination of Mr Otton quickly demonstrated the paucity of the bases upon which Mr Otton was prepared to make extravagant claims to promote his business activity without any substantial basis."
@estate_epic Federal Court (2016): Despite claiming their defence that Mr Otton had been successful financially in following the ideas and using the strategies, there was almost no evidence that [Otton] had used the strategies, let alone used them to make money 1/2
I was banned in West Aus (2014), found guilty of misleading/deceptive (2017), some "successful" students prosecuted - all steps on the way to #wealth#guru success! https://t.co/xWAQtV1mSh
Worried about getting lost in real estate? Fear not! Rick Otton's 8 questions are your GPS! ๐บ๏ธ๐ Honk if you love houses! https://t.co/5HCtMUyb4c #RealEstateInvestingTips
My "Jedi-like persuasion skills" work best if home owners/buyers are desperate and vulnerable - some have no idea what they signed, but that's how we like it!
In 2018 Otton fined $18mil for misleading conduct. He has many excuses , including this: "'We The People'ย who are now pleading for a return of their independence and wealth while authorities all over the world attempt to stifle free-thinking entrepreneurial brains."
@quotes_dg A misquote, but useful. I used to say something similar before my $18 mil fine - proves anything that's ignored or ridiculed must be right!.. but I misquoted Schoepenhauer.
The 2016 Census clarified that "rent/buy" scheme referred to a shared equity scheme - but @eagle_eyer says earlier wording "gave you the Federal Governmentโs seal of approval for vendor finance"
I don't think @eagle_eyer has updated his vendor finance website since my dodgy practices ensured Victoria Govt banned rent-to-buy & vendor finance & Census question changed after 2011.