International Law

Is XL Results Foundation a Scam?

According Lois Watson, of the New Zealand Sunday Star Times, reports about XL Results Foundation that

"Allegations of unfair conduct and misrepresentation from dozens of disgruntled clients on two continents did not stop a self-styled "wealth consultant" peddling his wares to hundreds of Kiwis across the country last week.

British-born Roger Hamilton who claims to be "Asia's leading wealth consultant" peppered his presentations with references to connections with powerful celebrities like Oprah Winfrey and former US President Bill Clinton, while trying to extract almost $12,000 a head from those attending his seminars.

But he did not tell those at his Auckland, Wellington and Christchurch seminars last week that his XL Results Foundation is mired in controversy.

The foundation touts itself as the largest entrepreneur network in Asia-Pacific and claims to connect more than one million entrepreneurs and business professionals worldwide."

Robert Hall and his Foundation XL Results are also featured on the website businesses from hell.

Robert says this is all a big mistake, and the work of a single disgruntled ex-employee, who recently retracted all of her claims of fraud.

Since XL Results is apparently coming to the US and Canada, what do you think? Good networking opportunity or pyramid scam?

Full post as published by Misleading Advertising Law on June 04, 2008 (boomark / email).