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	<title>Comments on: Collapse of Inside Track &#8230; and the gifted deposit scam</title>
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	<link>http://WalletWatcherShow.com/2008/04/29/collapse-of-inside-track-and-the-gifted-deposit-scam/</link>
	<description>Wallet Watcher - money saving advice you can trust. Walletwatcher is your essential guide to personal finance.</description>
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		<title>By: Anon</title>
		<link>http://WalletWatcherShow.com/2008/04/29/collapse-of-inside-track-and-the-gifted-deposit-scam/comment-page-1/#comment-615</link>
		<dc:creator>Anon</dc:creator>
		<pubDate>Sun, 11 Oct 2009 15:51:57 +0000</pubDate>
		<guid isPermaLink="false">http://WalletWatcherShow.com/2008/04/29/collapse-of-inside-track-and-the-gifted-deposit-scam/#comment-615</guid>
		<description>I think I have been duped by and Inside Track Investor when I took a share in a property investment.  I&#039;d like to hear from anyone who bought a UK based off plan propert frm Inside Track in order to clarify a few points.

Thanks</description>
		<content:encoded><![CDATA[<p>I think I have been duped by and Inside Track Investor when I took a share in a property investment.  I&#8217;d like to hear from anyone who bought a UK based off plan propert frm Inside Track in order to clarify a few points.</p>
<p>Thanks</p>
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		<title>By: Annon</title>
		<link>http://WalletWatcherShow.com/2008/04/29/collapse-of-inside-track-and-the-gifted-deposit-scam/comment-page-1/#comment-558</link>
		<dc:creator>Annon</dc:creator>
		<pubDate>Mon, 11 May 2009 11:01:22 +0000</pubDate>
		<guid isPermaLink="false">http://WalletWatcherShow.com/2008/04/29/collapse-of-inside-track-and-the-gifted-deposit-scam/#comment-558</guid>
		<description>Comment in relation to Inside Track....

The seminars were good if they were used by clients, as a means of building a portfolio themselves. As far as i know, being an IFA, and witnessing clients at such seminars, the clients were cooled down by the IFA arm, and told not to get led astray, but the clients went OVER THE TOP. They should have listened to the professionals not to the seminar speakers. They should have stepped back and had agood hard look, at what they were doing.</description>
		<content:encoded><![CDATA[<p>Comment in relation to Inside Track&#8230;.</p>
<p>The seminars were good if they were used by clients, as a means of building a portfolio themselves. As far as i know, being an IFA, and witnessing clients at such seminars, the clients were cooled down by the IFA arm, and told not to get led astray, but the clients went OVER THE TOP. They should have listened to the professionals not to the seminar speakers. They should have stepped back and had agood hard look, at what they were doing.</p>
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		<title>By: earn money taking online surveys</title>
		<link>http://WalletWatcherShow.com/2008/04/29/collapse-of-inside-track-and-the-gifted-deposit-scam/comment-page-1/#comment-470</link>
		<dc:creator>earn money taking online surveys</dc:creator>
		<pubDate>Mon, 27 Oct 2008 08:56:41 +0000</pubDate>
		<guid isPermaLink="false">http://WalletWatcherShow.com/2008/04/29/collapse-of-inside-track-and-the-gifted-deposit-scam/#comment-470</guid>
		<description>&lt;strong&gt;earn money taking online surveys...&lt;/strong&gt;

taking surveys is obviously one of the easier ways to make money online, however its one of the slowest as well.  if someone is literally looking for just some exta pocket change then surveys may be the way to go.  But there are tons of other opportuni...</description>
		<content:encoded><![CDATA[<p><strong>earn money taking online surveys&#8230;</strong></p>
<p>taking surveys is obviously one of the easier ways to make money online, however its one of the slowest as well.  if someone is literally looking for just some exta pocket change then surveys may be the way to go.  But there are tons of other opportuni&#8230;</p>
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		<title>By: Podshow</title>
		<link>http://WalletWatcherShow.com/2008/04/29/collapse-of-inside-track-and-the-gifted-deposit-scam/comment-page-1/#comment-180</link>
		<dc:creator>Podshow</dc:creator>
		<pubDate>Fri, 02 May 2008 11:32:55 +0000</pubDate>
		<guid isPermaLink="false">http://WalletWatcherShow.com/2008/04/29/collapse-of-inside-track-and-the-gifted-deposit-scam/#comment-180</guid>
		<description>Of course, whatever you think of property investment seminars - there ARE significant differences between Whitney and the late lamented Inside Track. One thing to be said in the Whitney organisation&#039;s favour is that it&#039;s about improving distressed property (therefore adding capital value) and then maintaining it as rental property, which to my eyes is much more sustainable than simply surfing a market rise or flipping. My question would be &#039;do you need to attend expensive property seminars to learn how to do this&#039;. To which  I guess you could look at the many thousands in Britain who HAVEN&#039;T educated themselves and thought BTL was a no-lose, no-effort game and say - they could have done with a bit of education first. And Whitney has some staunch defenders, who will argue that their lives were changed not just by the strategy it promotes, but by the positive mindset and &#039;can do, can change my life&#039; attitude.

So, proof of the pudding. I&#039;ll be attending one of Whitney&#039;s seminars at some point in May and I&#039;ll be reporting back here on it - good, bad or indifferent. Watch this space. And for those commentators dancing on the grave of buy to let (some of whom have been waiting for a market crash for the last ten years and can&#039;t believe their luck) I&#039;d advise caution. Now is the time when many of the really canny investors, with a handy war chest of cash, are entering the market for bargains. In any financial story there is NEVER unalloyed bad news.</description>
		<content:encoded><![CDATA[<p>Of course, whatever you think of property investment seminars &#8211; there ARE significant differences between Whitney and the late lamented Inside Track. One thing to be said in the Whitney organisation&#8217;s favour is that it&#8217;s about improving distressed property (therefore adding capital value) and then maintaining it as rental property, which to my eyes is much more sustainable than simply surfing a market rise or flipping. My question would be &#8216;do you need to attend expensive property seminars to learn how to do this&#8217;. To which  I guess you could look at the many thousands in Britain who HAVEN&#8217;T educated themselves and thought BTL was a no-lose, no-effort game and say &#8211; they could have done with a bit of education first. And Whitney has some staunch defenders, who will argue that their lives were changed not just by the strategy it promotes, but by the positive mindset and &#8216;can do, can change my life&#8217; attitude.</p>
<p>So, proof of the pudding. I&#8217;ll be attending one of Whitney&#8217;s seminars at some point in May and I&#8217;ll be reporting back here on it &#8211; good, bad or indifferent. Watch this space. And for those commentators dancing on the grave of buy to let (some of whom have been waiting for a market crash for the last ten years and can&#8217;t believe their luck) I&#8217;d advise caution. Now is the time when many of the really canny investors, with a handy war chest of cash, are entering the market for bargains. In any financial story there is NEVER unalloyed bad news.</p>
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		<title>By: Podshow</title>
		<link>http://WalletWatcherShow.com/2008/04/29/collapse-of-inside-track-and-the-gifted-deposit-scam/comment-page-1/#comment-179</link>
		<dc:creator>Podshow</dc:creator>
		<pubDate>Fri, 02 May 2008 11:13:01 +0000</pubDate>
		<guid isPermaLink="false">http://WalletWatcherShow.com/2008/04/29/collapse-of-inside-track-and-the-gifted-deposit-scam/#comment-179</guid>
		<description>COMMENT IN RESPONSE TO JOHN RENNIE’S ARTICLE ON INSIDE TRACK AND THE GIFTED DEPOSIT SCHEME: FROM IAIN EDWARDS, MANAGING DIRECTOR, WHITNEY UK:

&quot;&lt;a href=&quot;http://www.russwhitney.co.uk/about.aspx&quot; rel=&quot;nofollow&quot;&gt;Whitney UK&lt;/a&gt; has provided responsible education and professional training to its 100,000+ students in the area of property investment since 2001.  We teach a range of courses: from Buy-To-Let, HMO and Lease Options to Commercial Investing, Self-Build, Creative Finance and Asset Protection.  We look at covering many strategies in relation to the rise of &#039;New Build&#039;: in fact we have proactively discouraged students from this strategy unless they specifically understand their exit route. Looking at the current position of many novice investors, you can see that the education provided by Whitney UK was, and is, in fact, invaluable. And could have prevented some unfortunate consequences for many novice investors.

&quot;Our course figures continue to rise and projections show no signs of slowing down, in spite of the author&#039;s reference to &#039;credit crunches, property crashes etc&#039;.  Our student testimonials and genuine success stories bear testament to the ethical and practical nature of the varied courses on
offer, regardless of the marketplace.

&quot;The &#039;gullibility of the public&#039; referred to by the author does not produce results, it simply leads to disillusionment and failure: the collapse of
Inside Track is surely evidence of this - offering dependency rather than teaching students how to be financially intelligent and independent.  In the
case of Whitney UK and associated partners, we pride ourselves on continued successes with those students who follow training and mentorship programmes over time.  Promises of get rich quick are not suggested or sold.  Moreover, get rich wise.&quot;.</description>
		<content:encoded><![CDATA[<p>COMMENT IN RESPONSE TO JOHN RENNIE’S ARTICLE ON INSIDE TRACK AND THE GIFTED DEPOSIT SCHEME: FROM IAIN EDWARDS, MANAGING DIRECTOR, WHITNEY UK:</p>
<p>&#8220;<a href="http://www.russwhitney.co.uk/about.aspx" rel="nofollow">Whitney UK</a> has provided responsible education and professional training to its 100,000+ students in the area of property investment since 2001.  We teach a range of courses: from Buy-To-Let, HMO and Lease Options to Commercial Investing, Self-Build, Creative Finance and Asset Protection.  We look at covering many strategies in relation to the rise of &#8216;New Build&#8217;: in fact we have proactively discouraged students from this strategy unless they specifically understand their exit route. Looking at the current position of many novice investors, you can see that the education provided by Whitney UK was, and is, in fact, invaluable. And could have prevented some unfortunate consequences for many novice investors.</p>
<p>&#8220;Our course figures continue to rise and projections show no signs of slowing down, in spite of the author&#8217;s reference to &#8216;credit crunches, property crashes etc&#8217;.  Our student testimonials and genuine success stories bear testament to the ethical and practical nature of the varied courses on<br />
offer, regardless of the marketplace.</p>
<p>&#8220;The &#8216;gullibility of the public&#8217; referred to by the author does not produce results, it simply leads to disillusionment and failure: the collapse of<br />
Inside Track is surely evidence of this &#8211; offering dependency rather than teaching students how to be financially intelligent and independent.  In the<br />
case of Whitney UK and associated partners, we pride ourselves on continued successes with those students who follow training and mentorship programmes over time.  Promises of get rich quick are not suggested or sold.  Moreover, get rich wise.&#8221;.</p>
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		<title>By: Podshow</title>
		<link>http://WalletWatcherShow.com/2008/04/29/collapse-of-inside-track-and-the-gifted-deposit-scam/comment-page-1/#comment-167</link>
		<dc:creator>Podshow</dc:creator>
		<pubDate>Wed, 30 Apr 2008 09:08:00 +0000</pubDate>
		<guid isPermaLink="false">http://WalletWatcherShow.com/2008/04/29/collapse-of-inside-track-and-the-gifted-deposit-scam/#comment-167</guid>
		<description>Fair comment David, but you can hardly suggest that there was no criticism of what Inside Track were doing, and the shakiness and unsustainability of the model while they were still trading. I&#039;d also point out that the others I&#039;ve mentioned here are NOT &#039;offline&#039;. There was lots of information out there, including a piece in the Guardian criticising what it delivered for the £2000+ fees, and the Daily Telegraph asking of Inside Track, &#039;Is it all just a house of cards waiting for the joker of high interest rates to be played, with the whole thing tumbling down around our ears?&#039; These comments in spring/summer 2007. Merryn Somerset Webb, editor of the excellent Money Week, attended an Inside Track seminar and wrote an amusing piece on thisismoney.co.uk advising caution. As for being &#039;silenced by court orders&#039;, all this stuff is fair comment, not libellous, so there&#039;s no way a journalist would be gagged from writing this stuff.

I take your point about bravery after the event, but I&#039;d point out that Whitney and Win ARE still trading as far as I know, yet we&#039;ve mentioned them. The principle is the same - what these guys are doing is legal and, one might argue, simply good, aggressive selling and yes, of course, it CAN work. Our point here isn&#039;t to see businesses fail and people lose their money (I&#039;m a property investor myself), it&#039;s merely to urge caution. The warnings ARE out there if people choose to look before they buy.</description>
		<content:encoded><![CDATA[<p>Fair comment David, but you can hardly suggest that there was no criticism of what Inside Track were doing, and the shakiness and unsustainability of the model while they were still trading. I&#8217;d also point out that the others I&#8217;ve mentioned here are NOT &#8216;offline&#8217;. There was lots of information out there, including a piece in the Guardian criticising what it delivered for the £2000+ fees, and the Daily Telegraph asking of Inside Track, &#8216;Is it all just a house of cards waiting for the joker of high interest rates to be played, with the whole thing tumbling down around our ears?&#8217; These comments in spring/summer 2007. Merryn Somerset Webb, editor of the excellent Money Week, attended an Inside Track seminar and wrote an amusing piece on thisismoney.co.uk advising caution. As for being &#8217;silenced by court orders&#8217;, all this stuff is fair comment, not libellous, so there&#8217;s no way a journalist would be gagged from writing this stuff.</p>
<p>I take your point about bravery after the event, but I&#8217;d point out that Whitney and Win ARE still trading as far as I know, yet we&#8217;ve mentioned them. The principle is the same &#8211; what these guys are doing is legal and, one might argue, simply good, aggressive selling and yes, of course, it CAN work. Our point here isn&#8217;t to see businesses fail and people lose their money (I&#8217;m a property investor myself), it&#8217;s merely to urge caution. The warnings ARE out there if people choose to look before they buy.</p>
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		<title>By: David H</title>
		<link>http://WalletWatcherShow.com/2008/04/29/collapse-of-inside-track-and-the-gifted-deposit-scam/comment-page-1/#comment-161</link>
		<dc:creator>David H</dc:creator>
		<pubDate>Tue, 29 Apr 2008 21:14:46 +0000</pubDate>
		<guid isPermaLink="false">http://WalletWatcherShow.com/2008/04/29/collapse-of-inside-track-and-the-gifted-deposit-scam/#comment-161</guid>
		<description>Its easy for anyone to write articles like this now IAP is off line, but few dared to write this while they were operating and the ones that did (that I was made aware of) were silenced by court orders.</description>
		<content:encoded><![CDATA[<p>Its easy for anyone to write articles like this now IAP is off line, but few dared to write this while they were operating and the ones that did (that I was made aware of) were silenced by court orders.</p>
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