A $500,000 house costs $1.2 million. And the industry telling you "don't worry about the rate" earns a commission every time you don't do the math. In this episode, we trace the money from your monthly payment to a $21 trillion industry that profits from your confusion, and show you exactly how "just one percent" translates to six figures.

From loot boxes in video games to betting on celebrity divorces, the gambling industry has trapped us all. In this video, I expose how sports betting apps and gaming companies use the same psychological tricks to empty your wallet.If you or someone you know is struggling with gambling addiction:National Problem Gambling Helpline: 1-800-522-4700 (call or text, 24/7)National Council on Problem Gambling: https://www.ncpgambling.org

How a $400-billion industry manufactures millionaires out of your tuition payments.

• Rich Dad Poor Dad — background and sales figures: Wikipedia (Robert Kiyosaki); nearly 40 million copies sold as of 2017. Kiyosaki described his books as "advertisements for his higher-priced seminars."
• Rich Global LLC bankruptcy: Public bankruptcy filing, 2012. $26M in liabilities, $1.8M in assets. Ordered to pay $23.7M to The Learning Annex.
• Robert Kiyosaki — Ohio State warning: Ohio Division of Real Estate and Professional Licensing issued a 2007 statement warning against illegal methods in Kiyosaki's seminars.
• Robert Kiyosaki — class action suit and CBC/WTAE investigations: Documented in Wikipedia and investigative reporting by CBC Canada and WTAE-TV.
• The 4-Hour Work Week — info product advocacy: Tim Ferriss, "The 4-Hour Work Week" (2007). Chapter on "Income Autopilot" — claimed info products had markups of "20-50x."
• Online learning market size: Global Market Insights (2023): $399B in 2022, projected $764B by 2030 at 14% CAGR. Grand View Research: $299.7B in 2024, projected $842.6B by 2030.
• Course completion rates — median 12.6%: Jordan K. (2015). "Massive Open Online Course Completion Rates Revisited." International Review of Research in Open and Distributed Learning. 221 courses, completion range 0.7%–52.1%, median 12.6%.
• Course completion 5–15% range: Multiple sources including Coursera and edX platform data. LearnStream (2025) analysis: 10–20% for self-paced paid programs.
• FTC v. Lurn (Anik Singal): FTC action, September 2023. $2.5M settlement. "Very few, if any consumers actually made money." Lurn received FTC Notice of Penalty Offenses in 2021 and continued deceptive practices.
• FTC v. IM Mastery Academy ($1.2B): FTC and Nevada AG, May 2025. 60% of customers stopped paying within one month, 90% dropped within six months. "Trainers" were salespeople without credentials.
• FTC v. RagingBull.com / Kyle Dennis: FTC, September 2023. Over $40M in consumer losses, Dennis personally pocketed $13.6M.
• FTC v. Online Trading Academy: FTC, February 2020 / September 2020 settlement. $370M+ in revenue. Company's own surveys showed most purchasers made little to no money. Instructors admitted they didn't make significant money trading.
• Growth Cave — $50M from consumers: FTC complaint; federal court temporarily halted operations.
• Ecommerce Empire Builders: FTC complaint; owner Peter Prusinowski banned from selling business opportunities, May 2025.
• FTC Bogus Money-Making Claims Rulemaking (ANPR): FTC, February 2022. Launched proceeding targeting false earnings claims by MLMs, for-profit colleges, and gig platforms.
• FTC MLM Income Disclosure Report (70 companies): FTC Staff Report, September 2024. Most participants earned $1,000 or less per year (<$84/month). In 17+ MLMs, most participants earned nothing. Statements emphasized high earners while omitting non-earners and expenses.
• 99% of MLM participants lose money: FTC analysis (2018/2024), widely cited. Jon M. Taylor, Ph.D., "MLM's Abysmal Numbers" — submitted to FTC as public comment.
• Global MLM market — $190B: Market research estimates, 2024. Over 102 million participants worldwide. Women: 75% of participants.
• Guru funnel methodology / fake lifestyle marketing: Will Patrick, "A Plague of Gurus" (investigative article); Multiple Medium investigative pieces on the course-to-course pipeline.