Freedom Checks Scam? Yes It Is In My Opinion!
Who wants to signup and receive “Freedom Checks”? I know I like freedom and I like to receive checks. Matt Badiali in a video is offering everyone the opportunity to signup and receive these “Freedom Checks”. My subscribers have requested that I take a look into the Freedom Checks scam. Here is what I have found.
$34.6 Billion in ‘Freedom Checks’ to Be Paid Out to American Taxpayers
Those Who Sign Up by May 1 Will Grab Checks as High as $24,075 … $66,570 … and even $160,923!
The image below will allow you to watch the video:
Here are some of Matt Badiali’s claims:
Imagine this check being yours.
All you have to do is sign it and cash it.
That’s what Doug Smith, a 46-year-old from Joplin, Missouri, basically did. And now he’s set to cash his $24,075 freedom check later this month…
Lisa Luhrman — a 57-year-old in Tulsa, Oklahoma — is cashing in an even bigger check for $66,570…
And Mike Reed — a 53-year-old from Golden, Colorado — is going to be awarded a massive $160,923 payout.
Perhaps most interesting of all is Robert Darbin, from Kansas City, who signed up to get three freedom checks … for roughly $4,800, $6,500 and $24,000.
The best part is that Robert, Mike, Lisa and Doug can expect to get this money — automatically — every three months … like clockwork!
Freedom Checks Scam Reality
The company behind “Freedom Checks” is Banyan Hill Publishing.
Founded in 1998 as The Sovereign Society, they provided readers advice on global investment strategies, diversification from the U.S. dollar, the establishment and operation of offshore bank accounts, asset protection trusts, international business corporations, private foundations, second citizenships and foreign residency, as well as practical safeguards for personal and financial privacy.
In 2016, they became Banyan Hill Publishing and refocused to prioritize U.S.-based investment opportunities such as commodities and natural resources, small- and mid-cap stocks, income-producing investments, option plays, and deeply undervalued domestic companies.
After you watch the above video, you may still not understand what “Freedom Checks” are. To help clear things up Matt Badiali made a second video.
Here is that video:
A “Freedom Check” is a dividend paid to you by a company that you invest in. You are not going to just receive checks by signing up to receive them from an “agency”. You are going to have to invest large sums of money to receive large dividend checks.
‘Freedom checks’ are the name we have given to the monthly (or quarterly) distributions that investors receive from Master Limited Partnerships (MLPs). Think of them as “dividend” checks from regular companies, but they are called “distributions” when being paid by an MLP. – Source freedomchecks.com
They are not offering you a secret program. Even though they try to make you think that it is.
It’s a secret program every president from both sides of the aisle has been working on over the last 40 years … from Nixon, Reagan, Bush, and Clinton all the way to Obama and even Trump — making this what many insiders have called the ‘last truly bipartisan policy.
The check at the start of the video for $114,287 is from a company called Energy Transfer Partners (ETP). One of their recent quarterly dividend payments was $0.565 per share. Shares are currently $18.15. How many shares would you need to own to receive a quarterly $114,287 check? 202,278 shares. This means you would need to invest $3,671,345.70 to receive a check of $114,287 each quarter. You need to be a multi-millionaire. Not an easy thing to be. Almost no one is going to receive the large dividend check Matt Badiali shows in his video.
Best of all, you can sign up to get these checks today regardless of your age, income or which state you live in.
All you’ll have to do is decide how many of these freedom checks you want, stake your claim in this massive payout of up to $34.6 billion … sit back … and watch the cash pile up.
In my opinion, the first “Freedom Checks” video is deceptive by not telling you what you are actually going to need to invest to receive these large checks. Investing large amounts of money to receive a dividend is nothing like winning the lottery.
He said: “It was an unexpected blessing … like winning the lottery.”
Considering Larry would earn about $55,000 on a teacher’s salary, I couldn’t agree more.
After staking his claim, Larry now collects an incredible $83,000 … each and every month!
Energy Transfer Partners is traded on the stock market. The value of the stock has actually been going down over the last year. No 55%, 83%, 108%, 112% and 132% returns here.
In my opinion, Matt creates a false sense of urgency to invest in these companies. The companies they are getting you to invest in are typically publicly traded companies that are not going anywhere.
These companies will wait for no one, and if you want the best opportunity to take advantage of them, you must be up and running before these payouts start next month.
Matt Badiali “Freedom Checks” video is used to sell you subscriptions to Real Wealth Strategist. There are three subscriptions for you to purchase:
Join experienced geologist and successful investor Matt Badiali on a journey into the world of natural resource investing — a place where speculators can make triple- and quadruple-digit gains in months. He’s figured out the secret to riding the booms and dodging the busts within the sector, and he’s ready to be your guide to real wealth. – Source banyanhill.com
Your subscription comes with an automatic-renewal feature. Currently, Real Wealth Strategist renews at $97 for 1 year and The Bauman Letter renews at $79 for 1 year. You have to contact them to keep your subscriptions from renewing.
Matt Badiali is using ridiculously large “Freedom Checks” that almost no small investor will receive and crazy returns on his portfolio to sell you a subscription.
Access to my model portfolio
This portfolio includes every stock that’s on my “buy now” list. I will typically recommend 12 new stocks every year. The portfolio will tell you what to buy, at what price to buy it and when to sell it. Currently, this portfolio is on track to make annualized gains of 55%, 83%, 108%, 112% and 132%.
Here are a few interesting customer complaints about “Freedom Checks”:
This is a scam as far as the “freedom checks!” They promise to give you all the information you need to take part in something he goes on and on describing in a video. You pay the money and you receive no information of the kind. Your email box fills up with articles and tips on investing…you click on a link to invest in something, and you just hear the same video convincing you to pay $47 although you have already paid. No way to contact them. He admits he has no time to read emails, and no customer service number. The XXX-XXX-XXXX number recognizes numbers of members and will not put the call through!
Comment from the Business:
Hi ***, I apologize for any confusion. I can see we’ve been sending you emails about your subscription since 1/11/18 and you are able to access all of your subscription information on our website as well. You will need your login information, which I will send by email separately. Our agents are available at XXX-XXX-XXXX between 9 am and 8 pm ET, Monday through Friday. We don’t block any of our members so there is no reason you should not be able to get through to a live agent.
Comment from the Customer:
Nope!! It promises to tell you EXACTLY how to sign up for so called “freedom checks,” and even says this pales to the investments. Yet, the only thing it gives you is investment advice. Pay your $47 and you will get the 5 names and info on how to get freedom checks…a lie. I don’t care what the response if…this is a lie. I am finally able to get through on the number with wait time of 20 min. I will be asking for my money back. The whole sell in the video is about “freedom checks.” You pay, and then just get prescriptions with investment info. Nothing about freedom checks. I guess you could just keep paying the $47 over and over. See if after you pay, they even mention it again. whatever. – Source BBB
Yep just another scam job. I paid my money did not get anything at all and Banyon hill sends caned replies thet they have such a large volume of email that it will take a while to get back well three weeks and still nothing. – Source stockgumshoe.com
I bought into the Matt freedom ck mess. Never made a dime. In fact, I have done nothing but lost money. He has since advised us to sell San Juan, other stocks that he has advised have gone absolutely nowhere. Where do we new investors look for guidance? – Source stockgumshoe.com
Nothing herein should be considered personalized investment advice. Although our employees may answer general customer service questions, they are not licensed under securities laws to address your particular investment situation. Also you should not base investment decisions solely on this document.
Like any investment, there is the potential for you to lose your capital when you invest in MLPs.
They offer a one-year money back guarantee.
The good news is they give you a long time to get a refund. Just because something has a refund policy does not make it any less of a scam in how they get your money in the first place.
Freedom Checks Scam Conclusion
In my opinion, the Freedom Checks scam is a bait and switch. They give you the impression you just need to signup to receive large checks from “agencies” within a short period of time. In reality you need huge amounts of money to invest to receive large dividend checks. Then they sell you a subscription to their investment advice. Insane returns on investments are offered as proof this system works. I don’t believe Matt Badiali can maintain these returns. I would avoid the Freedom Checks scam.