Las Vegas Sun

May 24, 2013

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Life coach’ accused of swindling $250,000 from couple

A man charged with securities fraud and theft for allegedly swindling $250,000 from a married couple who consulted him on how to invest profits from the sale of their home is scheduled to appear today for an initial hearing in Las Vegas Justice Court, the Nevada Attorney General's office announced. Richard Bernstein faces up to 20 years in prison and a $500,000 fine if convicted. Bernstein, who represents himself as an executive and life coach, allegedly recommended that the couple invest in a new business venture called Turn-Key Financial Group that he was to run. Bernstein allegedly told the couple ...

Discussion: 4 comments so far…

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  1. Sorry, but the tip off to the rip off (credit: David Horowitz) to me would be ANYONE using the term "Life Coach".

    Makes me shiver. I have a feeling that most "Life Coaches" have skeletons they would rather not have out in the open, lest it mar their "Life Coach"...what...degree? License? Awarded title?

    Wow.

  2. All these people that put on seminars are crooks!

  3. It reminds me of that phony on the tube and radio...well at least they didn't fall for the sweat lodge routine.

    If people have this get rich method, and they are rich, why do they want you to pay $5.99 for shipping and handling. Why don't they put the information up on the net?

  4. Is this clown related to Anthony Robbins by any chance?

    I like George Carlin's take on the whole self-help/motivation sham of an industry. Something like...

    "Well if you're motivated enough to go to the bookstore and buy the book on motivation, you're motivated, you don't need the book, tell the clerk F-You, I'm going home!"

  5. There should be a national black list of people who commit fraud and swindle consumers of money. These type of criminals never straighten out their life, they just look for other ventures to defraud consumers. Consumer fraud cost consumer billion of dollars annually, but the time criminal spend in jail is miniumal.

  6. These victims may have put their money in the stock market or real estate if not for all the swindling on Wall St.

  7. Here's the secret of financial success:

    Step one - Dig a hole in your back yard.

    For the remaining steps wire $499 to my account in the Bahamas.

  8. Jim, please supply the address. I got the hole dug and need to send you this pile of money. I am quite eager to hear back how to make my life take off!!

    Thanks, and I want to include a big tip!! I hope that's okay w/ you.

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