Is Dean Graziosi Legit?
Dean Graziosi may be a familiar name/face on TV to most Americans, but for those who are wondering who have no clue who he is, Dean Graziosi wears many hats. He is a real estate investor, an entrepreneur and business mogul, a TV show host, a coach and a motivational speaker. However, the most outstanding roles which have brought him into the limelight are his business empire and his New York Times best-sellers, among them ‘Be a Real Estate Millionaire’ and ‘Millionaire Success Habits’.
He has inspired many with his successful real estate business which has a human touch to it. His advice is not only applicable to real estate, but offers tips and tricks for anyone hoping to run a successful business. Many readers of his books have testified to having been challenged and enlightened by his insights which resonate with the readers. He is an embodiment of the results of hard work and determination.
According to an interview he had, he filled us in on how he grew up poor and got himself a job of fixing cars, while juggling this with school work. He did it diligently, not because he was crazy about fixing cars, but because his family was really poor. What’s striking is that he has carried forward this quality from childhood, into his successful businesses, despite being dyslexic. See Dean Graziosi on Podbean if you want to checkout his podcasts.
On the not-so-rosy flip side, there are those who don’t really buy what Dean Graziosi is selling. These controversies have painted a negative picture of how Dean acquires his wealth. He has been called a fake guru of the real estate industry. Some critics have termed his childhood story of poverty as unverifiable and even fabricated. The Federal Trade Commission (FTC) named Dean Graziosi as a false, unrealistic and unethical telemarketer and has filed a $400 million lawsuit against him for real estate fraud and deceptive marketing.
He apparently sells false and overly inflated dreams to desperate people, promising them success with little to no input. In detail, Dean together with others, manipulated clients into thinking that they could make a kill out of flipping houses and convinced them to sign up for exorbitant training courses on real estate. Who wouldn’t jump at this opportunity? See some of his books on Good Reads.
Dean falsely claimed to reveal some well-kept secrets on how to make it big on return of investment in the real estate world, during the advertised seminars. He used this seminar platform solely to further market his training courses and packages. The FTC found out that the clients had spent more money on the training courses and packages, rather than on the capital for flipping houses. He also falsely promised clients that they would get offers on discounted prices on real estate properties.
As a shady counterattack, dean put up falsely tagged videos purporting to be of him setting the record straight on the FTC lawsuit, only to find out that the content was miles away from the actual title of the video. Undoubtedly, this is a move by Dean to steer the masses away from consuming content on the skeletons in his closet. Also, this pushes the exposés against him at the bottom of the search results. These actions leave the public gravitating towards believing that the claims against him are true.
In yet another claim, some customers interested in attending his allegedly overpriced coaching program have claimed to be scammed by him as they were not able to get a refund. Allegedly, the reviews about Dean Graziosi’s are fabricated by a marketing firm owned by him which sing praises about his products and services across different websites. This has been spotted as another one of his scams to lure people into buying his training courses and packages. He has also been linked to allegedly use search engine manipulation strategies to prioritize his websites right at the top of the search results.
Dean Graziosi has as many supporters as he has haters. Some of his supporters refute the negative claims and reviews against Dean Graziosi while his haters claim he is a con-artist and question the source of his wealth. However, if the FTC investigations are anything to go by, Dean Graziosi may be a fake guru. Nevertheless, the conclusion is ultimately up to you.