StansberryResearch.com Review – Is it a scam?
Stansberry Research of StansberryResearch.com is home to Stansberry and Associates Investment Research. It’s a website that allows independent investors to publish their personal investment newsletters. Founded by Port Stansberry, the website serves as an aggregate of investment information and resources that draw traffic and in turn, sells publications to a variety of people.
More about Stansberry Research
Stansberry is well-known for his viral videos and essays on topics such as The End of America. He used to work in Agora Financial, a financial newsletter publishing company. He was sued by SEC for defrauding subscribers for the newsletter he created under the pen name of ‘Jay McDaniel.’
It was found out that Stansberry defraud his clients by claiming to have an inside track with government deals and charging them to get access for these deals. He lured people into this scam by taking advantage of the rising price of his stock which was the result of his manipulation (this was due to the purchases of his previous clients).
Final thoughts on StansberryResearch.com
One of the basic things that you should consider in choosing an investment publishing company is the credibility of the founder/s. It’s hard to trust a company whose founder has been charged with fraud. Also, before you consider an investment advice from a company, it would be better to verify it by checking out other sources.
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