Teeka epitomizes the American dream. Growing up in the foster care system in the United Kingdom, Teeka came to the United States at age 16 with just $150 in his pocket and the clothes on his back. By 18, he had become the youngest employee at Lehman Brothers. Two years later, he shattered conventions by becoming the youngest vice president in the history of Shearson Lehman.
In 1998, he made a small fortune going short during the Asian crisis. But then, he “got greedy” (in his own words) and hung on for too long. Within a three-week span, he lost all he had made—and everything else he owned. He was ultimately compelled to file personal bankruptcy.
Two years after losing everything, Teeka rebuilt his wealth in the markets and went on to launch a successful hedge fund. After these events, he developed a newfound appreciation for risk. He made risk management his No. 1 priority. Today, Teeka’s personal mission is to help teach individual investors how to grow their money safely.
Teeka creates an echo chamber of sheep who follow him and see him as a great investor. He leverages those followers for pump and dump schemes, in which 90% of the followers lose their money.
Hence they drop any financial advice as a liability and market their program as a research-only (following some kind of a model comparable to the public portfolio of what they’re buying and selling), they’re able to continue scamming people all over the place.
The handful of reviews provided by $1000-level investors don’t seem to be terribly well informed about this market. Maybe Tommy Tallarico is high on his own supply. Maybe he’s the one being scammed here, or maybe they’re just playing his ego and using him as a useful idiot since he makes a lot of noise and gets a lot of attention. The more I see of this “investment opportunity,” the more it seems like a fool and his money are soon parted.