Marketplace has a special on Rich Dad Poor Dad seminars going on in Canada. It shows for a $500 fee the course just exploits people's insecurities about not being wealthy to sign up for more expensive courses of up to $45,000. The instructor pushed his class to raise their credit card limits immediately because they are going to need the "cash" for real estate "investing". Conveniently, as one student points out, they will also be able to charge these courses with the high limits as well. Rich Dad author Robert Kiyosaki was confronted about this and admits he is not happy with Whitney Information Network, the company which licenses his brand. Of course his disgust doesn't change the fact he is still getting rich off them.
Marketplace also followed up with one of the example the instructors used, a trailer court in Saskatchewan that ended up being bogus and also with some unhappy customers.
Watch the video here