The "Rich Dad" organization recently joined with the Russ Whitney organization and the results are being to show that Robert Kiyosaki has sold out and the victims are you and I.
Here in New York I recently went to a so-called "FREE" seminar that I thought Robert Kiyosaki was going be speaking at. To my surprise Robert was not at the event but rather a bunch of SLICK-TALKING snake-oil salesmen tried to sell me $10,000 to $63,000 training packages. Well I was more than upset and left immediately.
I called Robert's office to tell them that someone was running a scam using Robert's name. TO MY SURPIZE the "Rich Dad" organization confirmed that this was a VALID and authorized seminar that Robert Kiyosaki in fact did support. I can't tell you how shocked and dishearten I have become. This is the biggest sellout I have ever seen in my life. I feel used! I've thrown all my "Rich Dad" books out in the trash and have made it a point to tell everyone of these deceptive practices.
Will my actions stop Robert Kiyosaki from using our trust for HIS financial gain? Of course not BUT justice is on the way. My friend Daniel forwarded me the following news alert that details how the Russ Whitney organization has just been subpoenaed by a FEDERAL GRAND JURY for its marketing practices! Halleluaj!!! There is justice in this world. Robert Kiyosaki's company joined with Russ Whitney not long ago so I'm sure their fraud will be disclosed soon by Uncle Sam. Shame on you Robert!
Below is the news alert! Pass it on to your friends!
Whitney Information Network, Inc. Receives Grand Jury Subpoena
4:45 PM EST December 15
Whitney Information Network, Inc. (OTCBB: RUSS) announced today that the United States Attorney for the Eastern District of Virginia has notified the Company that it has commenced a grand jury investigation into certain of the Company's marketing activities. The Company received a subpoena on December 11 in connection with this investigation requesting documents and information from January 1 to the present relating to its marketing activities. The Company intends to cooperate fully with this investigation.
The Company's Board of Directors has established a Special Committee of independent directors to conduct an internal investigation of these activities and the Company's acquisitions of other companies. The Committee has engaged the law firm of Wilmer Cutler Pickering Hale and Dorr to assist it with this investigation.
Separately, the Company also announced today that it intends to withdraw its EduTrades, Inc. Registration statement filed with the Securities and Exchange Commission.
About Whitney Information Network, Inc.:
Whitney Information Network, Inc. (OTCBB: RUSS) is a provider of postsecondary education focused on individual wealth creation and personal success. Whitney Information Network, Inc. Provides students with comprehensive instruction and mentorship in real estate investment, stock trading, business development and individual investment strategies in the United States, United Kingdom, Canada and Costa Rica. Additional information can be found at www.wincorporate.com.
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