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02 May 2007

The Hunt for Mihos Millionaires

Surely not everyone got ripped off?

By Neil Jenman.
One of the hardest parts of writing a book about wealth spruikers is finding success stories.
Recently, I sent a message to several people who, some time ago, had been conned into (I beg your pardon, I mean “persuaded to invest in”) a George Mihos ‘multiple-streams-of-income’ seminar.

I got less than a handful replies. All but one (see below) were rude. None had got rich.

If there is anyone ‘out there’ who can provide evidence of financial success which even comes close to matching the claims made by George Mihos, please contact me.

Oh, and please, no more stories of those who got ripped off by George Mihos. I have more than enough. [And yes, I am aware that Mihos, has recently resurfaced and is looking for fresh victims – sorry, investors].

Surely there must be someone somewhere – from months and years gone by – who has some evidence of some success which they’d like to share?

Surely, not everyone got ripped off by George Mihos.

Or did they?

—– Original Message —–
From: Neil Jenman
Sent: Saturday, March 31, 2007 2:55 AM

I am writing a book about GET-RICH-QUICK spruikers.

Some time ago, I understand you paid a few thousand dollars to a spruiker by the name of GEORGE MIHOS in return for his get-rich-quick course which made dozens of extremely tantalising promises about getting rich by using his “rare wealth secrets”.

Some of George Mihos’s promises included:

“Sensational revelations that have skyrocketed ordinary Australians into wealthy millionaires.”

“How to make unheard of returns on the share market.”

George is an expert at “making money out of thin air”.

“a rock-solid guarantee that you will come out of this experience a winner”.

I want my book to be completely fair and that is why I am writing to you.

I am searching for EVIDENCE of any George Mihos success stories.

Despite George Mihos making promises such as the ones above and, also, saying it was possible to get rich in under two years, I can’t find anyone who paid him thousands of dollars for his secrets and now, years later, can provide any evidence of success.

On the contrary, all I can find is heaps of people who have lost thousands of dollars.

However, there must be someone, somewhere who made some money as a result of meeting George – even if it was just a few cents.

So, how did you go?

Did you get rich?

Were you skyrocketed into a wealthy millionaire?

Did you make unheard of returns on the share market?

If you answer yes to any of these questions, that will be fantastic. Congratulations. Would you be so kind as to provide evidence that I can use in my book?

I don’t want any of my readers (or even any of the get-rich-quick spruikers) to say that I did not give them every chance to prove that their wealth claims were genuine.

If you did not get rich, do you have any comments you’d like to make?

Thanks for your time.

Kind regards


—– Original Message —–
To: Neil Jenman []
Sent: Tuesday, April 10, 2007 10:03 AM

Hi Neil,

To fill you in on some of the goss from the George Mihos scenario – and to help you with your book, I’ve detailed some information below.

Like most seminars on wealth creation and getting rich, there are always a minority (who will make it) and the majority who come along – who no matter what information they are presented with, will never get off their backside and out of their comfort zone to make a difference in their lives.

At no time did George Mihos talk about Get-Rich-Quick. If anyone is to say that he did or does, they are flat out LYING.

When I attended, what I learned about were a number of ways to make a little bit of extra cash flow from different investments.

I have read countless books and attended numerous seminars all around Australia in the hope of finding the ‘secret’ potion – which I discovered years ago doesn’t exist.

I’m about finding relevant information and processes to use over a life time to generate wealth.

The George Mihos seminar is exactly that – there is no getting rich quick, but valuable information from difference facets of real estate, shares, super, savings and business.

My experience was fantastic. The week after attending a seminar I bought my second investment property – and using some techniques I learned, I saved over $20,000 in out of pocket expenses, just by knowing what to ask for.
This has again helped me in deals done since then too.

If you are looking for dirt on George and his techniques – I’m sure you will find a number of negative people willing to say bad things – but this will be the case weather you are talking about John Howard, Grant Hackett or Neil Armstrong.
The fact is that George’s course will work for some and not work for others, same as everything else in life.

If I read anything bad or negative in your book, I will surely be writing an article for the paper to explain things properly!

I hope this helps and I look forward to a properly weighted argument in your publication.

—– Original Message —–
From: Neil Jenman
Sent: Sunday, April 15, 2007 2:03 AM

Thanks for the reply, but you have ignored my three main questions. I suppose that means the answer is ‘no’.

As for the “liar” who says George Mihos talks about get-rich-quick, er, that’s George Mihos. In his advertisements Mihos repeatedly stated how people can “easily” become millionaires in two years by following his methods (sometimes he extended it to three years).

Later, he denied making get-rich-quick promises. Which makes him both dishonest and stupid – a dangerous combination.

As for “looking for dirt” on Mihos, dirt is easy to find. It’s everywhere with complaint after complaint and loss after loss from those who have dealt with him.

The purpose of my message to you – and many others who attended George’s get-rich seminars between 2002 and 2005 – was to try and find a single example of a success story that even comes close to matching Mihos’s promises.

But, as hard as I try, I can’t find a shred of evidence to support his get-rich claims.

I was not looking for dirt, I was looking for gold.

It seems, though, that gold and Mihos do not exist – unless, of course, we talk about the money that so many of his clients lost when they invested in that Global Bullion Services disaster with George’s mate, Rohan Aitken (aka Stretch).

While your message has been polite (the others have been almost as rude as Mihos himself who recently called one of my researchers and said, “I am going to rip your f…ing arms off”) you have given me nothing of substance to verify any of Mihos’s miracle wealth claims.

I think it’s high time we all faced a final fact – as a “wealth coach” George Mihos is a complete dud.

As for you writing a letter to the newspapers if I say anything bad or negative about Mihos in my book, what else can I write?

Perhaps that he nominated himself for Australian of the Year?

Give me a break.

Kind regards


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