I blogged about wealth seminar on 2 Apr 2008. Yesterday (4 May 08), The Straits Times newspaper reported the" Pay $4K for get rich trading tips" ( see newspaper cutting). 38 participants attended the seminar were asking for refund for their course fee. It was exactly the same seminar that I attended the preview previously. In fact the provider had changed their advertisement format on the newspaper, they are still promoting their service.
I felt the government should put a stop on such misleading seminar.
2 comments:
Actually the organisers for such talks do nothing wrong as far as the legal aspect is concerned. Firstly there is no one forcing anyone to attend their talks. The attendance fees are all known to participants before hand,and therefore there is no cheating involved. Secondly the lecturers do deliver the talks as promised and there is no breach of obligation on the part of the organisers who are officially registered. Thirdly the lectures are also delivered in authorised venues, hence nothing illegal. The only thing objectable is that the participants felt shortchanged by the quality of the talks which could be a just collection of materials from here and there (maybe copied from famous management books). Since the talks are conducted correctly, nothing sinister about it, how could the govt take action against something legal? As I said before if we can get rich so easily by attending such talks then why should we slog so hard at our jobs? Just attend such talks and be successful enterpreneurs overnight and the get-rich-dreams are finally achieved! We can live happily ever after.
Further to my above comments, I would liken such seminars to a shop operator advertising his goods in the newspaper saying how good their products are. Customers flocked to his shop and to view the goods themselves. The products were indeed tagged with high prices and clearly stated not refundable but then the customers were still eager to buy them. When reaching home they found the items to be of mediocre standard, but working, and they felt shortchanged. They wanted a refund. Is it possible?
Post a Comment