Don Lapre is dead. He committed suicide while waiting to go to court on charges of scamming people out of $52 million. I imagine, he just couldn’t handle the guilt of what he did, so he opted for the easy way out.
What a coward.
I remember seeing this Don Lapre guy’s commercials talking about how he made all this money out of his “tiny one bedroom apartment” way back when. It was pretty much a staple of late night television to see this guy on TV huckstering his scam.
At the time when this guy was big on TV, I lived in a “tiny one bedroom apartment” and totally bought the “if he can do it, so can I” part of the scam. Which is also known as step one of the scam funnel.
Once you buy their first “intro” product, you’re put into their database of buyers. After that, you get all kinds of offers for other “services” to help your business. There are no real services being offered. It’s just their way of getting you to max out your credit cards buying things (coaching) of little to no real value.
The whole thing is nothing but an elaborate scam.
I now know that just about every single one of these “you can too” or “make money from home” deals is a scam. I have very little doubt about that.
Whether it’s tiny classified ads, internet monies, or real estate easy money, it’s all a scam. There is no such thing as easy money.
On a the real estate note, I fell for Carlton Sheets too, remember him?
He was this older guy, with a grandfatherly voice that told you to buy his course so you could make millions in real estate. I spent over $200 on his real estate course only to realize that there was no way that what he was teaching could work.
After I bought the course, and against the advice in the course itself, I talked to a couple of real estate agents who told me the course was crap, among other things.
The Carlton Sheets deal depended on finding “motivated sellers” that were willing to carry the note on the house and let you (aka a complete stranger) take over the payments on their house. It also depended on these same motivated sellers letting you rent out their house for them to other people.
By the time you went through the course, tried to find a deal to do etc. the time of the “money back guarantee” period was expired.
Was it stupid of me to believe these people?
Here’s the thing tough, these people were on TV and surely (I thought) the TV company would vet whatever they were advertising or promoting on their channel. Surely, the TV company wouldn’t outright promote a scam, or take money from scammers, and help them perpetuate the scam right?
I mean, if the TV company didn’t vet what they were advertising, at the very least they’d be guilty by association. At best, they’d be outright co-conspirators for allowing a commercial for a fraudulent product to air, am I right?
That’s what I thought at the time. How naive of me.
photo credit: Salty Droid