Peter Sun Scam - Beware - it's all a fake.

Beware of Peter Sun, and his seminars.

He fakes it all - his suicide story, his past, his testimonials and his success stories.
I went to Peter Sun's one day event - and I was sucked in. I was taken for $30,000. He makes it sound so easy. Don't waste your time.
He even promises a MONEY BACK GUARANTEE. TO REALLY SUCK YOU IN. IT ALL MAKES SENSE - BUT I DISCOVERED YOU CAN LEARN EVERYTHING FOR FREE ON THE INTERNET.
BEWARE - NEW SEMINARS NOW IN AUSTRALIA

IN FACT I HAVE HEARD OF 3 OTHER PEOPLE INVOLVED WITH PETER SUN LOSING THEIR HOMES - BECAUSE HE CONVINCED THEM TO MORTGAGE THEIR HOMES.



He's good at making up stories, and making you think that making money is easy.
WHY ISN'T HE MAKING ALL THAT MONEY HIMSELF??

Why is he running these seminars? It's a scam. Beware. The success rate is extremely extremely low. That's how he manages to live in a fancy home - on other people's money.

Here's how he does it. He does a seminar, and invites everyone for free. Then he goes on and on about what a failure he was, his failed suicide attempt, his wives, his deperation and his divorces. Who cares??? he's done 50 of these seminars, and people are always sucked in.
He wants to make you feel like he's a loser, but one day he discovered some magic secret that made him successful.

So I was sucked in, gave hom $30,000 that i put on my house, and did a 10 day boot camp. Result, was I was an expert on telling businesses how great i was, and how businesses had to give stuff away to attarct customers. Turns out, less than 1% of his 'licencees' make any money. I asked for my money back, and he failed. He said it was my fault, that I didn't do as I was taught, and that he would keep the money. Then I read the fine print.
BEWARE, over 600 people have failed and lost over $5,00,000 - and maybe only 9 people ever got lucky.

October 12, 2009 01:46pm

ABOUT six million Australians have been exposed to some type of scam or fraud in the past 12 months, fleecing them of almost $1 billion.

The largest survey of personal fraud ever undertaken in Australia found lottery and prize scams were the most prevalent, but money laundering requests and phishing - fraudulent requests for personal details - were also common.

In 2007, personal fraud cost Australians $977 million, or an average loss of $2,156 per victim.

Surprisingly, the real cost of fraud could be even higher, given experts believe only 25 per cent of cases are actually reported to the police.

More than 14,000 people from across the country participated in the survey, which Home Affairs Minister Brendan O'Connor said highlighted the need for greater consumer awareness.

"The more they know, the less likely they are to fall victim," he said.

There were generally four types of scams - bogus lottery wins, money transfer scams, phishing and fake "get rich quick" schemes.

But scams also took other forms, including fake job offers and inheritance scams, as well as romance scams, involving fake profiles on matchmaking sites.

Most were received via email or the post.

About five per cent of those exposed to a scam ended up being duped, the survey, Consumer fraud in Australia: costs, rates and awareness of the risks in 2008, found.

Lotteries were the most successful rorts, with about 0.5 per cent of respondents becoming a victim.

Mr O'Connor urged Australians to be more open about scams and report them freely.

"It is important to encourage greater reporting of consumer fraud, to raise community awareness of emerging and widespread threats," he said.

The government is also trying to improve the situation for consumers, by toughening up laws that would see scammers facing fines of up to $1.1 million.