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  • #1

    My Dad: HELP.

    I am looking for advice on something my Dad spoke to me about last night. I think he is looking to see if it is a scam, but has asked me to help him.

    Some guy by the name of Dr. Steve Sjuggerud has this "True Wealth" newsletter. He signed up for the newsletter. I am getting ready to tell him it is a scam and for him to request the money back on his credit card..

    But was hoping for confirmation. I looked up and the internet and it seems like what I thought. One big fat scam... I just pray it is not connected to South Africa and now they have his credit card.....

    Any info you can provide will be helpful..

    TIA
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  • #2
    A little google research suggests to me that it's pretty legit - at least it doesn't appear to be a scam.
    If we disagree on something, it's because you're wrong.

    "Somebody needs to kill my trial attorney." — Last words of George Harris, executed in Missouri on Sept. 13, 2000.

    "Nothing is too good to be true, nothing is too good to last, nothing is too wonderful to happen." - Florence Scoville Shinn

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    • #3
      Email he got when he ordered the online newsletter:

      Dear True Wealth Subscriber,

      Welcome, and thank you for subscribing to the True Wealth.

      You are now on our list to receive True Wealth.

      True Wealth, written by Dr. Steve Sjuggerud, is one of the top five financial newsletters in the world.

      Steve's investment philosophy is simple: Buy assets of great value when no one else wants them, and sell them when others will pay any price.

      In order to find these opportunities, Steve makes about two dozen research trips around the world each year, looking for investment ideas that are cheap, hated by the average investor, and beginning an uptrend. He's traveled to places like China, Japan, Australia, New Zealand, and Canada.

      By the way, the True Wealth is published by Stansberry & Associates (S&A) Investment Research. S&A was founded in 1999 by Porter Stansberry. Based in Baltimore’s historic Mount Vernon district, S&A Research also has satellite offices in Florida, Oregon, and California.

      We’ve quickly grown into one of the biggest and most well-respected financial publishing firms in the country. S&A’s analysts are often interviewed or profiled in business media outlets like Barron’s, MarketWatch, and FOX Business News.

      Unlike Wall Street investment banks and brokerages, we are completely independent. We only publish investment research. We do not solicit banking business. We do not provide brokerage services or manage money.

      We believe that's how the investment business should be, no hidden interests or secret agendas. We simply publish our best investment ideas. And our customers only stay with us if these ideas work.

      But enough about us. Let’s get down to it.

      What You’ll Receive as a New Subscriber
      Every month you'll receive Steve’s in-depth research and analysis. True Wealth issues will be delivered to you by e-mail and also by postal mail, on the 3rd Friday of every month.

      Your subscription also includes instant web access to his latest reports, including:

      Research Report #1: Social Security Secrets: How to Collect Thousands of Extra Dollars For Your Retirement

      Research Report #2: The U.S. Government's Secret Gold Glitch That Can Make You 665%

      Research Report #3: Tax Certificates: How to Make 1,000% Paying Your Neighbors' Taxes

      Bonus Report: The Only 100% Tax-Free Retirement Program in America

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      • #4
        Link from a blogspot that spoke about it..

        http://socsecnews.blogspot.com/2008/...o-be-true.html

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        • #5
          It doesn't look like a credit card/identity fraud scam, just a you're an idiot for buying my newsletter with bogus info scam.
          "Nobody listens to Turtle."
          -Turtle
          sigpic

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          • #6
            Surfah is correct. The mailing is legit, just it is very expensive toilet paper.
            "The first thing I learned upon becoming a head coach after fifteen years as an assistant was the enormous difference between making a suggestion and making a decision."

            "They talk about the economy this year. Hey, my hairline is in recession, my waistline is in inflation. Altogether, I'm in a depression."

            "I like to bike. I could beat Lance Armstrong, only because he couldn't pass me if he was behind me."

            -Rick Majerus

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            • #7
              Your dad will likely have to change his credit card information to prevent future charges.
              Te Occidere Possunt Sed Te Edere Non Possunt Nefas Est.

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              • #8
                Originally posted by dabrockster View Post
                Some guy by the name of Dr. Steve Sjuggerud
                Trust him. He's a Doctor!!

                With a name like that, it's a scam. My guess is that he'll start asking for your dad to buy into the investments that he "finds" and then he'll take your dad's money and run.
                "Discipleship is not a spectator sport. We cannot expect to experience the blessing of faith by standing inactive on the sidelines any more than we can experience the benefits of health by sitting on a sofa watching sporting events on television and giving advice to the athletes. And yet for some, “spectator discipleship” is a preferred if not primary way of worshipping." -Pres. Uchtdorf

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