I agree. I was hesitant to vote on the announcement post cause it already looked fishy from the get-go. But @stan's comment made me think it could be something real. Then after watching the facebook video of his older seminar for some time I had my own opinion on this person and wouldn't touch anything he endorsed with a 10 foot pole, not to mention his very unprofessional reaction to people warning users not to put their money into it without a second thought.

I agree with @thejohalfiles that we shouldn't jump to conclusions based on prior experience and opinion, but when there are so many other factors involved and it just screams red flags, I'd rather falsely accuse someone and warn others than have members of our community lose money on a scam.

A counter-question, how would the users feel that upvoted his post and @stan's comment with a 100+ vote trail if this indeed turned out to be a scam afterwards and many lost a bunch of money on it? I know that's not something I want in the back of my head. The reason I mention the big curation trail on the comments is that it gives it a bad view to newcomers and outsiders (oh over 100 people have approved this, might as well throw money at it) and a reason why I am careful when I vote with my own trail on comments that are controversial.