On 9/4/08, the Arizona Republic newspaper carried a story that said Kiyosaki had paid an undisclosed sum to Lechter to settle the suit. Apparently, little has happened in the case other than motions to dismiss. I would be interested in seeing the complaint. Sharon Lechter, Kiyosaki’s co-author of Rich Dad, Poor Dad, sued him in Clark County, NV (Civil Case #07-A-549886-C). Kiyosaki sued by co-author Sharon Lechter Rich Dad, Poor Dad triggers the following items on my Real Estate B.S.Became a helicopter pilot to "lead men" (platoon leaders and company commanders lead men pilots lead machinery).Lied about desertion while serving in Vietnam (admitted later he just missed the boat)."Marine corps made him what he is today" - he was laterally transferred to the Marine Corps from the Merchant Marine and Navy, he never went through the entry-level Marine training. #Rich dad game how to#Admits to 20/20 that he doesn't teach people how to get rich.Admits fictionalizing on copyright page of Rich Kid, Poor Kid.He asks why Rich Dad has to be any more truthful than Harry Potter.Oprah needs to confront Kiyosaki about calling a fiction book non-fiction just like she did with James Frey.Smart Money Magazine: "Karma Chameleon".Wall Street Journal: "Rich Men, Poor Advice".The blueprint to becoming a "Financial Genius".His "best teacher ever" changed repeatedly.Claimed his net worth is $50-$100 million depending on the day his Rich Dad Poor Dad coauthor said in court that he only made $9 million.Apparently lied about going bankrupt in 1985.Shouts from the rooftops how rich he is, but refuses to disclose real estate portfolio because he " doesn't want people to know he has money".Brags about using a partner weasel clause in which his cat is his partner.Recommends tax fraud by deducting vacations and health club dues.Advocates committing a felony: have rich friends for trading stock based on non-public inside information, he says "That's what friends are for.".Convinces people that college is for suckers."If you're gonna go broke, go broke big".Wikipedia says, “On August 20, 2012, Kiyosaki's company, Rich Global LLC, filed for bankruptcy in Wyoming Bankruptcy Court.” My Succeeding book is more similar to the actual subject of Rich Dad. Click on either for more information about it or to order it. Here’s one on advanced fundamentals of real estate investment and another on basics. You may wonder if I just criticize or have I written a better book. Rich Dad, Poor Dad contains much wrong advice, much bad advice, some dangerous advice, and virtually no good advice. He has no financial expertise and won’t disclose his supposed real estate or other investment success. Kiyosaki is a salesman and a motivational speaker. It contains many factual errors and numerous extremely unlikely accounts of events that supposedly occurred. Rich Dad, Poor Dad is one of the dumbest financial advice books I have ever read. Eager to find such a guru, I bought his book, Rich Dad, Poor Dad, in a bookstore. Several told me I would like him, that he preaches a message like mine. When I said I didn’t think he was a real-estate guru, they insisted he was. Kiyosaki and his book Rich Dad, Poor Dad. A number of people asked me about Robert T.
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