Teeka Tiwari’s Palm Beach Confidential (PBC) is an online newsletter subscription program that gives you monthly reports on the current state of crypto market and suggestions on which crypto one should invest in.
Apart from the library of newsletters, there are training materials like videos and webinars.
The package looks so impressive that one finds it hard to resist the temptation to join Palm Beach Confidential. However, due to the astronomical membership fee, you may wonder if Teeka Tiwari is a scam?
To help you make a more informed decision on whether Teeka Tiwari’s programme is worth your time and money, I’ve spent time researching the relevant information across various websites.
Since crypto investment is highly risky, at the end of this article, I’ll also tell you a much safer and more sustainable alternative that allows you to generate passive income while sleeping.
Table of Contents
- Who is Teeka Tiwari?
- What is Palm Beach Confidential About?
- Teeka Tiwari Review: Detailed Background Check
- Palm Beach Group Products
- The Price of Palm Beach Confidential
- Pros and Cons of Palm Beach Confidential
- Is Palm Beach Confidential a Scam or Legit?
- Is Teeka Tiwari a Scam Or Legit?
- Is There Better Alternative to Palm Beach Confidential?
Who is Teeka Tiwari?
Teeka Tiwari is a British crypto analyst and investor. He was born in the United Kingdom and migrated to the United States at the age of six.
By taking a short position on Asian companies, he made a small fortune during the Asian crisis. But he quickly lost all the money by hanging on too long. After 2 years, he rebuilt himself from bankruptcy and went on to launch a hedge fund to recover his loss.
In 2015, Teeka Tiwari made a prediction that the price of Bitcoin would soar to $20k by the end of 2017. It turns out that BTC was trading at $19,650 by December 2017. Those who followed his advice are said to have made millions of dollars in profit.
Fast forward to 2020, he is now the chief editor of the Palm Beach Confidential, a publication owned by the Palm Beach Research Group, where Teeka Tiwari shares real world strategies on crypto trading.
Teeka Tiwari has a large number of followers on social media. His YouTube channel has a following of over 650 subscribers and over 1.5 million visits per month. Tiwari has also been featured in Market Watch, TradingView, and Street Insider, etc.
In short, the background check shows that Teeka Tiwari seems to be a reputable crypto analyst and investor.
What is Palm Beach Confidential About?
Palm Beach Confidential is an investment publication primarily focused on cryptocurrency and some small-cap stocks.
The chief editor is Teeka Tiwari, who is assisted by Greg Wilson, a financial analyst holding an MBA degree with years of experience in banking and property market.
Teeka joined Palm Beach Research Group in 2013. Now, he’s responsible for providing analysis and recommendations of cryptocurrencies.
He teaches the investment technique “Asymmetric Risk” inside Palm Beach Confidential.
According to this method, you have to invest your money in multiple small-cap assets in the sense that your loss is minimized if an asset plummets in price. On the other hand, if it goes big, you’ll earn a nice profit.
Palm Beach Confidential claims that if you use this strategy and follow Teeka’s recommendations, you can earn up to 1,000% returns.
However, it’s hardly possible to have any guaranteed return on investment. In fact, Teeka’s recommendation might be the cause for a stock to take off.
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Teeka Tiwari Review: Detailed Background Check
Teeka Tiwari was born in Pennsylvania, USA, on February 3, 1983. He moved to the United States from England when he was 16 years old.
At 18, he became one of Lehman Brothers’ youngest employees. Lehman Brothers played a prominent role in both the stock market and hedge fund investments. After that, he even took responsibility as a vice president at Shearson Lehman. Later, he became a co-founder of Tycoon Publishing and served people with point & profit trading services.
At present, he is co-founder and editor of Palm Beach Research Group.
Employment at JP Turner and Company
Before working at McGinn And Smith, our favorite private placement specialist, Teeka Tiwari, worked at a firm called JP Turner and Company.
An investigation of JP Turner and Company shows almost exactly the same situation as McGinn And Smith. The firm, before it was shut down, had an incredible 9000 investor violations and was fined hundreds of times by FINRA. Add to that dozens of arbitration claims totaling over $1,000,000, dozens of lawsuits in federal and state courts totaling hundreds of millions of dollars, and countless violations of state securities regulations.
Reading about the violations is truly sickening. In one violation, they charged 60 clients $445,000 in commissions for buying and selling mutual funds. This is called “churning and burning.” The victims were all elderly, almost all of whom lived in Florida nursing homes. For this violation alone, the company was fined $707,000.
Hundreds of complaints have been filed by elderly people who also allege fraud. Most were persuaded to sell their stock portfolios and then enticed to make additional “private placement” investments. The company was charged with fraud, money laundering, and embezzlement. Dozens of states also barred the company from using its extremely aggressive boiler room operations in their states.
Another outrageous incident was described by investigators at SEC, who attempted to seize the trading records of 5000 elderly customers. The company refused to release the records, forcing SEC to take physical possession of the boiler room. The records were not found.
A few days later, however, the Securities and Exchange Commission discovered that the records had been dumped in the parking lot of a Florida home improvement store. Hundreds of these victims not only lost their money but also suffered the indignity of having their personal information stolen and used by fraudsters over the Internet.
Apparently, this “brokerage firm” also sold the customer data (including social security numbers) to various parties that specialized in opening credit accounts with stolen ID.
FINRA Banned Teeka Tiwari
A background check on Teeka Tiwari revealed that he was summarily banned by FINRA and is 100% prohibited from having any affiliation with a FINRA-registered investment company.
Frankly, it does not get any worse than this. According to FINRA, only a handful of registered individuals are excluded each year. You have to be really, really full of shit to do that.
Teeka Tiwari was last employed by a company called McGinn, Smith and Company. A search of this company revealed that the owners of McGinn, Smith and Company are currently in federal prison. The owners were sentenced to 10 and 15 years, respectively.
According to FBI, the company defrauded over 1600 investors out of $64,500,000.
A review of Finra.Org records revealed that the company’s primary goal was to convince investors to liquidate their stock portfolios and then get them to buy “private placements” that they ultimately controlled.
Sound familiar? This is exactly why Teeka Tiwari was banned for converting accounts into private placements.
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Palm Beach Group Products
What exactly is Palm Beach Group, and what do they sell? The firm provides a variety of investment newsletters and investment advisory services. The cost of these services ranges from $199 per month to $5,000 per year.
The full product offering is as follows:
- The Palm Beach Letter $199 per month.
- Palm Beach Confidential $5,000 per year.
- Palm Beach Trader $3,000 per year.
- Palm Beach Crypto Income Quarterly $3,500 per year.
- Teeka Tiwari’s Alpha Edge $3,000 per year.
- Palm Beach Venture $3,500 per year.
- C.A.P. Cash Flow $3,000 per year.
The Palm Beach Letter
According to the Palm Beach Letter, its owner, Teeka Tiwari, focuses on only the safest assets, such as cryptocurrencies and unregistered and unregulated securities. Among these securities are ‘private placement’ investments, investments in gold mines in remote jungle locations, and cryptocurrencies that are “practically guaranteed to turn $1,000 into $459,400 in only one year.”
Teeka Tiwari, for example, claims to be “the world’s foremost expert on cryptocurrency,” and 225,000 people attended his recent “shocking” presentation on “becoming a millionaire virtually overnight.”
Teeka Tiwari adds, “my readers earned 4,600% in 2016 by following my crypto recommendations!”
Teeka Tiwari suggests this product to retirees who want to “juice their income.”
Palm Beach Confidential
Teeka Tiwari, the self-proclaimed world’s greatest crypto analyst, is said to have developed a secret trading strategy known as “asymmetric investing” in this $5,000-per-year product.
This mysterious method allegedly allows you to turn ridiculously small sums of money into life-changing fortunes. Of course, Teeka guarantees that he secretly used this strategy to build the world’s best cryptocurrency portfolio.
Teeka Tiwari waves a piece of paper in the air and screams at the audience in various self-published videos, “this is proof that I turned $500 into $1,600,000 in only a single year!”
Of course, no one can see what is written on this enigmatic piece of paper. However, like a knight waving his sword, he proudly waves the paper and declares that the document serves as proof.
Palm Beach Trader
Teeka Tiwari and his sidekick Jason Bodner have created yet another investment advisory newsletter, The Palm Beach Trader. The annual fee is $3,000.
Jason Bodner claims that he spent 20 years on Wall Street developing a secret algorithm that tracks institutions and will return either 7438%, 7037%, or 6946%, and that these returns are nearly guaranteed.
“All you have to do is hitch your wagon to these massive winning stocks and watch them ride higher,” Jason Bodner exclaims.
Palm Beach Crypto Income Quarterly
The Palm Beach Crypto Income Quarterly newsletter, which costs $3,500 per year, proclaims:
“Are you sick of boring dividend stocks?” and “Do you require retirement income right now?” Teeka Tiwari has yet another unlicensed and unregistered investment advisory that advises you to sell your existing dividend-paying stocks and immediately purchase his recommended cryptocurrency list.
These cryptocurrencies, according to Teeka, come with a dividend guarantee that will turn your retirement years into a financial windfall and embarrassment of riches. No need to be concerned about your retirement! Teeka will assist you in retiring in style.
All of these are, of course, unregistered securities.
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Teeka Tiwari’s Alpha Edge
Teeka Tiwari is being promoted as a hedge fund manager by Fox News. He does not.
Do you need the assistance of a well-known hedge fund manager to locate the best unregistered and unregulated securities the world has ever seen? Teeka recommends that you immediately liquidate all of your stocks and mutual funds and purchase his “alternative investments” portfolio of unlicensed and unregistered securities for only $3,500 per year.
Teeka promotes the purchase of unlicensed and unregistered securities that “only the secret Wall Street Billionaires know about” as “how you play the Wall Street game.”
Teeka is apparently well-connected (to Wall Street billionaires) and is “tired of regular mom and pop investors not enjoying these secret riches.”
The Wall Street billionaires are now furious because Teeka is revealing their secret investment strategies to the general public.
C.A.P Cash Flow
Do you want to make a fortune in real estate? Do you lack experience? Perfect!
Teeka Tiwari claims that you will learn how to buy multi-million dollar office buildings and mansions for “pennies on the dollar.”
Have no money down and bad credit? No worries. Simply use Teeka’s Wall Street method to buy these properties with just a signature.
Teeka claims, “Every month, add SEVEN figures of monthly income!”
Palm Beach Venture
Are you looking to make a quick buck with marijuana stocks? Are you sick of investing in the same old boring stocks that are licensed and registered with the Securities and Exchange Commission?
I have some exciting news. Teeka Tiwari wants you to sell your old mutual funds, ETFs, and shady companies like Apple or Berkshire Hathaway and invest in his limited-time-only “private placement” of marijuana-growing companies.
These are “companies that no one has ever heard of,” and “for a limited time only, you can buy pre-public stock for literally nothing.” Teeka’s investment advice is “second to none,” and “I practically guarantee that you will become a millionaire.” The cost is only $5,000 per year.
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The Price of Palm Beach Confidential
The price of Palm Beach Confidential varies depending on which product you choose (see below).
- Palm Beach Letter: Investment recommendations
- Price: $199
- Palm Beach Confidential: Cryptocurrency service
- Price: $5,000
- Palm Beach Trader: A trade advisory service
- Price: $3,000
- Palm Beach Crypto Income Quarterly: A service that claims to find you the most rewarding cryptos
- Price: $3,500
- Teeka’s Tiwari Alpha Edge: Reports on investments
- Price: $3,000
- Palm Beach Venture: Teeka Tiwari’s hedge fund manager personal strategies
- C.A.P Cash Flow: A rental real estate course created by Justin Ford
Pros and Cons of Palm Beach Confidential
- Teeka is an experienced investor who can provide you the real world strategies on crypto investing. He is the youngest person ever recruited by Lehaman Brothers and rising to the position of Vice President
- The program consists of training videos and Teeka’s library of information
- The newsletter system means you can get access to the most updated information about crypto market
- Palm Beach Confidential might help you find the new cryptos that are going to take off soon. If it really does, you can get rich quickly
- The prices of Palm Beach Confidential are too expensive and unaffordable to most investors who’d like to play it safe.
- Teeka claims that he can help you make 1,001% profit on your investment. This statement is overpromising and sounds like a “get-rich-quick” scheme. If he can really make it happen, he would have been richer than Warren Buffet.
- The program of Palm Beach Confidential is advertised via affiliate marketing. This leads to many biased reviews which didn’t provide you with genuine information on whether the newsletters are worth your hard earned money.
Recommendation: Make Passive Income Online
Is Palm Beach Confidential a Scam or Legit?
Palm Beach Confidential is not a scam. However, I’m not in favor of their sales strategies.
It’s misleading to promise the subscribers of Palm Beach Confidential any guaranteed return on investment.
There are always unknown factors at play with crypto investing and no one can really offer safe advice. Since the market is always affected by rumor and conjecture, the 1,000% guarantees really can’t be taken seriously.
In my opinion, Teeka Tiwari just happened to make a correct prediction in 2015 and there is no guarantee on his power of prediction henceforth. At the end of the day, he’s been glossing over the potential loss of crypto investing to make you subscribe to Palm Beach Confidential.
Is Teeka Tiwari a Scam Or Legit?
Teeka Tiwari is not a scam. However, if you search for every single company Teeka Tiwari has worked for, you will find that every company has been shut down for fraud. Each company has suffered almost countless violations by both state and federal regulators. Investors have been wiped out and robbed of their assets.
The common thread is the conversion of client funds into “private placement” investments. The money is soon gone, and the employees move on to the next boiler room.
Of all the boiler rooms and bucket stores Teeka Tiwari has worked in, Euro Pacific Securities was probably the worst.
This brokerage firm pretty much defined the modern era of stock fraud. The company was under the control of the Gambino crime family and defrauded thousands of investors by convincing them to invest in worthless penny stocks. Many books have been written and movies made about this infamous boiler room operation.
Teeka Tiwari also worked at NorthEast Securities, where there were so many scams that they even made an action out of it. Dozens of people were convicted of fraud.
Teeka Tiwari worked at LloydWebb Securities, another company riddled with fraud, whose owner was sentenced to prison for fraud.
The list goes on and on. The common thread is that Teeka Tiwari works at these fraud-filled financial firms for a few months, and then the FBI starts handcuffing people. But Tika Tiwari always seems to get away with a slap on the wrist. It’s like he’s the one guy the firing squad always misses.
Is There Better Alternative to Palm Beach Confidential?
Although crypto investing is one of the most popular ways to grow your wealth and give you some passive income, the crypto market is unpredictable.
Even if you have the tips or insights from Teeka Tiwari, it doesn’t guarantee you will win in the financial market. Only God knows when the crypto price will rise or plunge. You may be able to make some money in a few attempts, but lose it all in the other attempts.
So if you really want to make a stable and secure stream of passive income, I would suggest you starting an affiliate marketing business online instead.
Affiliate Marketing is perfect for anyone who is new to online business.
In fact, of all the online business models I’ve tried, affiliate marketing is the easiest and most rewarding so far.
In affiliate marketing, you can actually run your business almost with zero cost and achieve a steady and sustainable passive income to pay for your bills. You don’t need any initial capital and can even do it as a side hustle.
And if you really want to learn affiliate marketing and build a business from scratch, I’d recommend you to get started with the most reputable platform for affiliate marketing: Wealthy Affiliate.
Wealthy Affiliate is an all-in-one platform for building your affiliate marketing business from scratch. It offers you a free account (including a free website) with comprehensive training on SEO (free traffic methods), which enables you to get started with affiliate marketing right away without paying a penny.
But How Much Can You Earn with Wealthy Affiliate?
A 21-year old student from Wealthy Affiliate was able to earn $7,395 in just 1 week, which means he made more than $1k a day…all while using free traffic methods.
Wealthy Affiliate has existed for 15 years and there are many success stories in the past decade.
To give you more examples, here are some of the other inspiring success stories of Wealthy Affiliate members.
Where to Join Wealthy Affiliate?
Wealthy Affiliate has a very simple pricing scheme. It has free and premium membership.
If you want to feel about Wealthy Affiliate, you can sign up for the free starter membership here (no credit card required). You can select to be a free member with no time limit.
And as a starter member, you can get instant access to the community, live chat, over 500 training modules, 2 classrooms, networking, commenting, 1 free website, access to the keyword tool.
You can enjoy all these values without paying a penny.
So I strongly recommend you to register a free account and see it yourself.
12 thoughts on “Teeka Tiwari Review – Is Palm Beach Confidential A Scam?!”
I want to be a member at $150 membershjp fee am I right?
I agree, he first has to prove he’s the same level or better than the Fool before I start shelling out that kind of dough.
Hi Mario, thanks for your comment. I don’t recommend Teeka Tiwari. If you want to make passive income or start a side-hustle, I would recommend Wealthy Affiliate.
I joined Teeka’s crypto program and received his material. I studied all of his material and invited two other individuals more wise than I and we found there was no way to make any attempt to invest. I called his office and begged them to help me with additional information because time was of the essence in his cryptocurrency reccommendations. I was told no additional help was available and I am stuck with a $2,000.00 loss and no investment. There is seemingly no avenue of recourse from here. I am deeply disappointed. By the way, the person who answered the phone had a severe speech deficiency and I had to ask him over and over to repeat what he had said. Very disappointing!
Hi Joseph, thanks for your comment. I’m sorry to hear your bad experience with Teeka Tiwari’s program. I don’t recommend it as it’s hard to make any money with it. I would suggest you starting with something easier like Wealthy Affiliate. Check it out.
I track lots of boiler room gizmos most of them take your money and go into outer space They are all students of Maddox
better off spending your money on the Lotto about the same chance or go to Vegas
Crypto is risky. I don’t think Teeka Tiwari can really help as it’s like gambling.
Hi! Thanks for your comment. Yes. I agree. So if you really want to make some extra income, I don’t recommend investing in Crypto or learn from Teeka Tiwari. You may end up losing money instead of making money. Building a digital asset is a better way to make passive income. Wealthy Affiliate is where you can learn how to build a digital asset from scratch. Check that out.
These investment newsletters annoy me. Their business is scammy. A person who knows which stocks will go to the moon would have bought a lot themselves first.
Thank you for your comment, Lockett. Investing is risky. It’s not as simple as following other people’s picks.
I would not recommend Teeka Tiwari, as I am getting hundreds of spam letters from different business & success newsletters after having subscribed. Replying to those newsletters always gives “undelivered mail returned to sender”, because their addresses aren’t actually real. It’s a massive spam-campaign. And I found no way to stop it.
And the funniest thing is: I did get into crypto in the end of 2020 because of him. And as gratitude I purchased his newsletter at a discount for some $20-30. Well, since then, as his gratitude – his team had been spamming the hell out of my email.
How do I know it was his team? Because the spam started after I subscribed. And because that email was never used for any other business newsletters. Ever.
**** you, Teeka Tiwari. **** you very much.
Tika Tiwari or Jeff brown and all research group are part of same people.
Total scammer live of innocent people memebrship money.
stay away from these fraud!