Former Fake Guru Promotes Pump & Dump - YouTube

- It's been almost exactly two years

since the day I released episode one

of my Authentic or Charlatan series.

What excites me is that we're starting

to see the evolution of the fake gurus

from their previous grift to the next one.

Does anyone remember this ad?

- Oh wait, I'm in an alley in Pittsburgh getting

out of my Volkswagen Golf.

Kale, what are you gonna say to the people right now?

- I got to tell you a little bit about Amazon FBA

and most of the time the gurus are there with their girls

and the boobs are out and they've got the Ferraris.

- The reason why I'm assuming you saw this ad

is because it has over 22 million views.

Their ad spend was over $1.1 million.

My guess is that they were seeing a two to five X return

on their ad spend,

which would result in revenues of 2.5

to five million dollars.

- What I have is a whiteboard and a Volkswagen, okay.

So here's the thing, guys.

You are here.

You are right down here

and we need to get you up here to the 100K club

and to the quit job club.

And a lot of the gurus will say,

hey, I've had 10 million people quit their jobs.

- These guys' schtick was

that they weren't your typical guru,

they were your friends who drove a Volkswagen just like you,

but they chose to film in an alley

because symbolically that's where you

also get your wallet stolen.

- Free training on Amazon, okay.

Like we've said before, everybody is like offering

these free Amazon training

and it's like look at my bikinis, look at my houses,

look at my stuff.

I got it all.

That's not what we're doing.

We're literally in an alley in Pittsburgh.

- You get to learn how to make six figures

with their course, but the dance moves are sold separately.

- So Kale, what's actually like the first question we get?

Switch!

- Is this a scam?

And you probably get this now

that we're not trying to do any of the scammy things

like Ferrari, Lambos, all this.

This is actually a real car, right Taylor?

- Their plan to deflect was flawed, but clearly it worked.

They don't use a Ferrari like those other nasty fake gurus,

but they also ran ads based on how they were going

to show you exactly how to start making six figures

if you just watched the free training.

Hopefully by now everyone has figured out

that the free training is bogus.

- We're not doing the scammy stuff because it's not a scam.

You guys can read up on us,

do whatever you need to do,

but we've actually got a 100 people here.

- Not doing the scammy stuff with the Ferraris,

but there is ample evidence online

of people complaining about not receiving refunds

after asking for one.

They also used every sales tactic in the book

to overcharge for their course.

Including paying for a press release on what appears

to be Yahoo, but it's really Yahoo's,

"I need to allow these articles on our domain

"so we can pay our bills" section.

"Nine University Review, Is It A Scam?

"You're Going to Want to Read This First."

If you're new to the channel or still learning

about the internet marketing industry,

these articles are paid for by the subject of the article.

They write it and pay to have their article posted

on what many believe to be a legitimate website,

like Yahoo or Forbes.

They strategically title their articles

for common search terms so that this article would appear

at the top of Google search.

If someone just watched their ad,

they'll go to Google and search for,

"Is Nine University a scam" and this pops up first.

They want everyone interested in knowing

if it's a scam to read this one article

so they can control the narrative.

Look at the final paragraph,

"Based on the above and after thorough research

"of making sure the check cleared,

"this appears to be a highly recommended program

"by many, many people.

"By looking at their website

"and the paid-for testimonials

"from slightly dissatisfied students,

"Nine University is by far the best way to go

"for learning how to set up

"an incredibly challenging Amazon FBA business."

Someone not aware of

how the internet marketing industry works would feel

at ease in buying the course

because clearly the course is legit

and it's by far the best way to go learning

how to set up an Amazon selling business.

This legit article says so.

Not so fast.

- I clearly heard God say you need to make money.

I know that sounds weird,

but you need to fund the kingdom.

You have this ability to generate money,

so why not use it.

Why can't more good people generate wealth

for the kingdom?

Why does it always have to be the bad people

that use it for bad things?

- God told him to make money

so he did whatever he had to do to make money.

Were these guys fake gurus?

One, there isn't much proof

that they were ever all that successful selling on Amazon.

Two, they had a shady refund policy

where you had to navigate between

like five different parameters

in order to qualify for a refund

and they still might not have sent it.

Three, they used every fake guru tactic

in the book to sell their product,

which is usually a sign that the product isn't good.

This leads me to the title of the video

and why I'm making this video.

Kale, the taller of the two,

is now a crypto expert on YouTube

and he created an NFT project.

- These seven Crypto Coins are going to 33 X by Christmas,

seriously, you need to run, don't walk over to the exchanges

to grab these.

In the show I'm gonna talk about the top seven coins

that are gonna go absolutely insane.

I'm actually gonna rank them.

- Kale is still using a whiteboard to get your attention.

He found a formula that works for him.

Put a bunch of promises on a whiteboard, yell at the camera,

and overpromote massive financial success

for those following along.

What's funny is his thumbnails are almost all identical,

super constipated look on his face,

massive click bait titles,

and simple color background underneath a layered text

that gets you to click.

They really are absurd.

"These alts will buy Bugatti's.

"Crypto will peak on this exact day!

"These four crypto coins will 139x, last chance to buy.

"These 98 crypto coins will go parabolic."

Apparently, if you want to get rich,

you should follow Kale's advice.

Someone sent this Twitter thread to me the other day.

This account @zachxbt seems to be a respected account

in the crypto world.

"Let's do a thread on the longtime conman @kale_abe.

"Before yesterday I had never heard of the guy

"but a few people tagged me in a Tweet

"of him doing sketchy things.

"Essentially nine university was a couple fake gurus

"trying to sell you their $2.5k Amazon FBA course

"while trying to come across as authentic relative

"to other 'gurus.'

"What's comedic is they paid someone

"to make this course for them,

"lying about making millions from e-commerce."

I can't remember if it was proven

that they paid someone else

to create their e-commerce course,

but I wouldn't be surprised if it was.

The ultimate fake guru move is to pay someone else

to create a guru course

and then charge a ridiculous amount of money for it.

"9U fizzled out in late 2020,

"it looks like Kale went quiet for a bit.

"Fast forward to mid September 2021

"and he creates a new YouTube for crypto.

"He claims that he doesn't need this."

I started this video mentioning the evolution

of the fake guru and how we get to see it play out

in real time right now.

If his Amazon FBA business was so lucrative,

you would wonder why he all of a sudden quit that business.

Here's what really happens.

Fake gurus enter a marketplace

with a different style of marketing.

Their's was we're not like the other fake gurus

driving Ferrari's and using gimmicks to get you to sign up

for our course.

We're legit.

Our training is actual training.

The fake guru runs paid ads into the millions,

gets thousands of people to sign up,

none of their students have success,

which leads to no referral business,

meaning the only revenue is from paid ads.

At some point, you burn out the market and everyone

who will buy has bought.

With no new customers buying,

the ad spend goes through the roof

and the business is no longer profitable.

There's an important metric

called customer acquisition cost.

When the cost to acquire a new customer is more

than they pay for your product,

your business isn't sustainable.

That will happen to every fake guru

and why you see them have to pivot

after a year or two of selling their course.

If you ever wondered why Dean Graziosi has a new life

altering product every six months, it's because of this.

You can't sell snake oil

in the same packaging year after year.

"I may start another YouTube channel just

"to rant about CRYPTO & NFTs.

"I may quit and retire at anytime because I don't need this"

- Hello there, do you recognize me?

You probably do, check this out.

Same person right, same thing.

Let's do this!

All right, The Kale Show, episode one.

Let's go, all right.

The reason I'm doing this is because all you degenerates

wanted me to.

- "He talks about hidden gems in his videos

"that will make you rich.

"In reality these are low cap coins he can pump and dump.

"Here's a giveaway he did which revealed his address

"after I looked up the giveaway winner's address

"on Etherscan."

Zach found that his wallet is full of low cap alt coins.

This is what Kale posted in his private discord

where he's notifying his followers

that they need to find a low market cap coin

with a chart similar to POLK.

"LOL lets pump pages to 2ETH today and then all dump."

Using pump and dump in the same sentence would make

for a tough legal defense

if social media was regulated at all.

- And that's influenced by the kingdom of God

and that's influenced by your value set.

And I mean there are shady business people out there

who make a lot of money and they're shady.

And they're greedy and they ruin people's lives.

- Here's another post where he mentions

finding a small coin that he'll then talk about on YouTube.

I always say that there isn't a way to get rich quick.

I'm partially wrong.

Pumping and dumping crypto alt coins will

definitely get you rich quick.

And here's another way to get rich quick.

"Another clear cash grab a few weeks back he did was

"an NFT project called 2 + 2.

"He charged one ETH per NFT with a total supply of 2,000.

"From the OS it appears he raised the full amount,

"$8.8 million.

"Oh wait, I thought in his videos

"and tweets he didn't need the money."

Assuming he made the full $8.8 million,

this is a better business than being a fake guru.

Here's a list of the top selling two plus two NFT's,

which are literally just a red box

with a simple addition math problem in white writing.

The top eleven all sold for more than $20,000.

- A lot of these products have like this weird culture

where they're like, "I just wanna be a penguin

"and I wanna do it for the culture."

No, like I don't want that.

We're trying to build something that actually has value

to you as an investor, right.

We're trying to build something

where you can use simple concepts

in an amazing alpha-based community

to make great decisions and actually make money.

- Someone please prove me wrong

like I'm that Crowder guy on YouTube.

You only buy these kinds of NFT's

to follow the greater fool theory, right?

How is there any value in art that is a simple math problem,

other than hoping someone

in this dude's discord wants it for more money?

Quick side note, you get access to a community

in a discord group when you buy NFTs.

That's the value that's pitched.

But without any vetting of who these people are,

spending thousands to get access

to these random usernames

in a discord group is pretty much

a multiple thousand dollar gamble.

- Honestly Ethereum is probably gonna control

the market even more, it looks way better than Bitcoin.

The Ethereum to Bitcoin chart is the chart right now.

Once Ethereum to Bitcoin--

Look, it's still going up,

it's still going up.

This is the most beautiful chart in the history of markets.

We still haven't even got a different signal here,

we've got a strong signal there.

We have a by signal there.

- I unfortunately had to sit through many

of his videos in order to make this video

and he's animated, full of personality,

and hypes you up on buying crypto,

but I haven't determined yet if he's a valid source of info.

He doesn't use any technical analysis.

His analysis is that everything goes up.

He typically just waits for a trough in the cycle

and then says the coin will go back

to a previous high at some point.

During a bull run, everyone's a winner, right?

"These 5 metaverse coins will make billionaires.

"This will turn normal men into kings.

"This will create generational wealth."

He goes super click bait on his thumbnails,

but people seem to like it.

If you watch Alex Becker and then watch Kale,

you'll realize that Kale is a mini-clone of Becker.

Everything he does is copying Becker and it worked for him.

The dude is probably worth over eight million dollars now.

- When you look at someone you want to model yourself after,

you look at someone, you're like,

I wish I could have what they have,

do what they do,

or I like the way their life appears to be,

just be careful that you do what they're actually doing

to make money.

Instead of doing what they tell you to do.

- Hopefully by watching this video,

you will model your behavior after Kale's to make money,

sell a fake guru course,

then become a crypto expert on YouTube

with the most insane click bait titles and thumbnails,

then sell an NFT math problem.

Boom, you're rich.

Thanks for watching.