It appears that fate has finally caught up with Robert Kiyosaki, though he?s trying to wiggle through Chapter 7 bankruptcy apparently to avoid having to pay the piper all they are due. Kiyosaki, the most well-known and most vocal advocate of using any means necessary to put other people?s money to work for you, recently lost a court judgement for close to $24 million dollars ? money he owed but never paid to The Learning Annex, the company that originally organised his speaking engagements and platform.
According to Bill Zander, the founder and chairman of The Learning Annex:
?Oprah believed in him, and Will Smith believed in him, but he didn?t keep his promise to us.??
? Fortune magazine weighed in with a harsh, but well deserved, critique of Kiyosaki?s malarkey:
?tips ran the gamut from ridiculous to illegal and downright hurtful and included advocating for insider trading, arguing for the purchase of multiple real estate properties with little or no money down and telling followers they could purchase stocks on margin via unfunded brokerage accounts.??
More details at ? MSNBC Today Money
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Source: http://lemfugitt.com/2012/10/13/rich-dad-poor-dad-finally-has-to-pay-up/
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