Charles J.
Givens is one of the original financial
gurus seen in book stores and on late
night infomercials. His death in the
late nineties, at the age of 57, left a lot
of unanswered questions about his books,
business, and courses.
Throughout his lifetime Charles Givens
wrote three best selling books including,
Wealth Without Risk, Financial Self-Defense,
and More Wealth Without Risk. Much
like all his financial advice these had
mixed reviews with critics claiming that his
strategies were too risky and at times
simplistic and proponents saying that his
advice has helped them.
Charles Givens was known for his lavish
lifestyle and was known for arriving to
seminars in a chauffeured white and gold
limousine. Under the mantra be all you
can be he charged people almost one thousand
dollars to attend his seminars.
Eventually Charles Givens'
companies and products became the targets of
lawsuits and criminal investigations.
These were centered around false profit
claims and the refund policy attached to his
materials.
One of the most damaging of these cases
was in California where a jury convicted
Charles Givens of consumer fraud. The
court concluded that he misrepresented the
effectiveness of his strategies to almost
30,000 people and was ordered to pay $14
million in refunds.
The prosecuting attorney came to the
obvious conclusion that Charles Givens was
making the majority of his money selling his
courses. The crime being that his
financial strategies themselves don't
produce income like he said, and that his
wealth was derived from people's hard earned
money.
This court case forced Charles Givens'
company to file for bankruptcy and he
eventually lost control of his business in
97.
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Customer Reviews for 'Charles Givens'
Comments to date: 2. Page 1 of 1. Average Rating:
Mike, Austin Texas
Posted at 8:55pm on Tuesday, September 23rd, 2008
Wealth without risk is still a great read. I read it the first time in 1990 and the stratagies still hold true. I did not join the orginization when I had the chance as I did not see value in paying for information I already possessed from reading the book.I spoke with represenatives from the orginization and I made my own choice. Those who chose to join probably had not read his books or had unrealistic expectations. Bottom line this is a great book and should be read even now, in 2008.
KEVIN, SOUTHERN INDIANA
Posted at 4:41pm on Thursday, January 3rd, 2008
I PURCHASED GIVENS PRODUCT IN THE LATE 80'S. AFTER READING & RE-READING OVER & OVER I DIVED IN. I HAD TREMENDOUS SUCCESS. I HAD A GOOD 10 YEARS, AND THEN LOST TRACK OF WHAT I WAS DOING. MAINLY DUE TO THE CELEBRATIONS THAT I WAS ENCOUNTERING CONSISTENTLY. NOW I AM RE-ESTABLISHING MY SELF, , AND I JUST HAPPENED TO GOOGLE GIVENS, TO SEE WHAT WAS NEW, AND FOUND OUT THAT HE HAS PASSED, AND HIS REPUTATION IS IN DISTRESS. I WENT TO HIS FREE SEMINAR WITH TWO OTHER COUPLES, WE ALL THREE SPENT $300 ON THE COURSE, AND AFTER MONTHS THE OTHER TWO, SHELFED IT, AND COMPLAINED OF A LESSON LEARNED, AND BEING A RIP-OFF. I KEPT ON, AND FINALLY UNDERSTOOD THINGS, AND STARTED TO FOLLOW THE GUIDANCE. I DID VERY WELL IN EVERY ASPECT OF THE INFO. AND BUILT A COMFORT LEVEL I HAD NEVER DREAMED IMAGINABLE. I DID DROP OUT OF THE ORGANIZATION, BECAUSE I DID NOT THINK THE MONTHLY DUES WERE WORTH THE ADDITIONAL INFORMATION THAT I WAS RECEIVING, BUT NOW I GUESS I AM LIMITED TO THE MATERIAL THAT I HAVE,AND I WILL RE-... read more»