Robert Fletcher is an infamous American businessman

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

Another "Mavrodi" of the American spill has become a figure in a high-profile case in Ukraine related to fraud on an especially large scale. The infamous businessman Robert Fletcher was released on bail this year. The millionaire mentor continues his "educational" activities within the framework of the new business training system.

Some facts from the biography

There are many myths and rumors about Robert Fletcher, but there is not much reliable information. Here is what is known about his biography.

Fletcher's childhood up to 8 years old was spent in Alaska, so Russian culture was close to him. There were many Orthodox churches in the city where he grew up. Robert went to the school "Cossacks-conquerors". In the family, besides him, mother and stepfather, there were two brothers. From the age of 14 he worked in the production of canned fish, made leather goods in his own workshop. At the age of 16 he moved to his own father. He combined his studies in Washington with a part-time job at McDonald's. Fateful for the young man was attending a sales seminar and meeting a millionaire who became rich by traveling the world and teaching others. Then Robert realized that there are easy ways to earn money.

According to legend, Robert Fletcher became a millionaire at 22. How did he succeed? According to the American real estate broker Martin Alcala, who personally knew Fletcher, Robert was the founder of several little-known firms. The basis of their work was multi-level marketing. Amway and Mary Kay are prominent representatives in the field of MLM business, but unlike them, Fletcher's companies never became famous.

How Fletcher went bankrupt in the US

American businessman Fletcher, together with partners, repeatedly opened and closed dozens of companies in the United States, in any case remaining with money, but people signed under him always lost the money invested in his company. Robert later developed an interest in real estate and began working in real estate investment.

On the Internet you can find all the ins and outs of a businessman-mentor, a bankrupt with 10 million debt. The US Securities and Exchange Commission, having filed another lawsuit in 2007, accused Robert of a multi-million dollar scam. From 2003 to 2005, he served as director of the ProVision company and actively "swindled" investors' money. He spent all the funds raised on personal needs: a luxurious life, luxurious purchases, a casino.

Robert Fletcher, according to the conclusion of the commission, deceived investors, talking about the successful work and development of the company. He said that thanks to this he bought yachts, real estate, spent 137 million dollars on the purchase of several tons of a non-existent mineral called "humate". The commission ordered Robert to pay a fine and refuse for lifefrom any management positions in joint-stock companies. In addition, Fletcher was accused of online trading in counterfeit stocks and literary fraud. In connection with this, the dishonest businessman did not become persona non grata in the United States, he was not expelled from the country.

Pyramid schemes and MLM business - what is it?

Financial pyramid is the attraction of funds from investors in a fictitious project, the profitability of which is always lower than the investment attraction rate. The project is not able to provide payment of dividends, interest to all investors. As a result, funds invested by new investors are used for this. Such a company inevitably goes bankrupt, swelling like a soap bubble. When it bursts, the last depositors are left with a loss.

MLM business - what is it? It is the attraction of an unlimited number of customers and partners for the sale of any products, goods through a network, that is, a team of followers, like-minded people. The main difference between a network company that makes it possible to conduct a real MLM business is the presence of a product sold through the structure: cosmetics, household goods, he alth products, etc. Pyramids masquerading as network companies sell "air", that is, they do not produce anything, just like Fletcher's organizations.

Pyramids in Ukraine

Fletcher's activities since 2006 have resulted in the misappropriation of funds from more than 3,000 Ukrainian citizens. The result of his company's activities was damage in the hundreds of millions of dollars. Perit was him who was tried under the article "fraud" (CC).

GST (training systems) free seminars offered paid courses called "How to Get Rich" (worth from 1 to 5 thousand dollars). People at such events-shows were kept for more than a day. Many seminars were held at night, when a person is most suggestible. After “processing”, the client was offered to invest in any of three dozen projects and receive dividends up to 300% per annum. Robert Fletcher has repeatedly said that his company's shares will soon begin trading on the London Stock Exchange.

Giving money to the coach or Fletcher himself, the unfortunate depositor received a receipt for receipt! It contained the amount of profit and information that a person would be given a receipt in the future for receiving funds invested in the project. In addition, instead of contracts, memorandums were drawn up with the obligations of the parties, only fixing their intentions. We will cooperate - well, no - no one will return the money. Tuition discounts, higher dividends were promised for attracting other students, which is one of the signs of a financial pyramid.

Puffy GST Projects

Many of Fletcher's projects: yacht clubs, airlines, mines, car services, construction of houses in Turkey and others did not exist at all, only colorful illustrations were shown to people. The network of pizzerias "Maximus" actually turned out to be an eatery for a couple of tables, and the Azov Resorts project turned out to be an old pioneer camp. One of Fletcher's myths is a fictional acquaintance with Robert Kiyosaki. On thein fact, they were neither close friends nor business partners.

The activity of the "training system" did not stop even during the period of the millionaire-mentor's term in jail from 2008 to 2015. Robert Fletcher "preached" even on the phone from his cell. Recently, the GST analogue company has been actively attracting investors via the Internet, offering to invest in the construction of new buildings.

GST-sect?

GST has not accidentally become the object of attention of specialists in the field of sectarianism. This organization is a psychological cult that offers ideas for a round sum. Investors who have suffered at the hands of an American swindler do not believe that it is necessary to file a complaint with the police, and in spite of everything they are waiting for the promised superprofits. They continue to believe that Fletcher was sent by the Creator to teach them how to make millions.