pam s Kqd

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Verified Reviewer
| map-marker Brampton, Ontario

Be Careful of this investment club.

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I invested money in Tulsiani PIC in 2008 for a project in Turks & Caicos. I know of one who invested $25, 000. I took the brother Ravinder Tulsiani to small claims court. His excuse was that he received financial help from his parents. I would exercise caution and Google Tulsiani brothers before investing in them. I had only put in $7000 and got back $4000 because I had a lawyer.
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Loss:
$7
Pros:
  • Leverage
Cons:
  • Potential scammers

User's recommendation: Caution ***

Anonymous
map-marker Toronto, Ontario

Money Hungry Company - Robin Hood

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The Private Investment Club is nothing but a hype. Their leader, Sunil, T forces people to join his club by offering extravagant benefits he is unable to fulfill. He is rude, fake, condescending and acts rich but is poor in spirit. His wife looks so broken and poor. He needs to stop ripping off people. Those fake memberships will get you nothing. Dont join this pay to play nonsense of a club.
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User's recommendation: Stay away from this club and Sunil.

Jaceon Jhs

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Verified Buyer

To cancel the ticket

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Private Investment Club - To cancel the ticket
Private Investment Club - To cancel the ticket - Image 2
I booked my ticket today fm Kolkata to tata but bus is cancelled I want to cancel my ticket but no is provided by you is not in use.
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Preferred solution: Full refund

1 comment
Guest

Please email your concern to admin@***.com or call the office at 905-488-****. Thank you.

Allan B Awn

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Verified Reviewer

Stop others from financial ruin

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Sunil Tulsiani and his wife Sangita are criminals, plane and simple. It is amazing that it seems they cannot be stopped.

When the Ontario Securities Commission banned him from being director or president of any club like Private Investment Club they simply put his wife at the top and continued to rip people off. And I do not mean a couple thousand dollars. To write a chapter in a piece of garbage book costs you $12K. He convinces people this will give them credibility.

Imagine many of these people have never invested in real estate. How will a chapter in a *** book talking about nothing give them credibility to people who want to invest in real estate. Membership is 10K. You learn nothing.

In almost a year not once did he talk about how to evaluate deals, how to find good markets to invest, how to do your own due diligence. He gets people to talk about their successes and takes credit. He talks about access to his money and doing JVs with him. In 1 year he mentioned 1 $50K JV, that is it.

His examples of his own personal success are almost 15 years old - when he quit the police force in early the early 2000s and supposedly made millions in the last US real estate crash. No newer examples. *** he lives in a city where property values have sky rocketed in the last 10 years but never gave one example of how he made money in that market. Mentorship is 50K.

Most of the mentees since I joined PIC left empty handed, getting nothing of value. I personally have spoken to about 20 people who have left Private Investment Club in the last few months and so many are embarrassed they fell for his spiel, some even after family told them he was obviously a complete scam. I myself am so embarrassed. He tells you, "I care ...

I want you to succeed ... I could make more money doing other things but I want to help people. Since I was a member he sold his own members and mentees vacant (crap) land at more than twice market value having told them it previously sold for $15K, sold it to them for $8-9K and when they realized it had never sold for for than a few thousand and asked him about it he replied, "It is worth whatever you were willing to pay." And when questioned further, "You need to do your own due diligence." Well at least the last sentence is true, do your own due diligence ... but the crap he feeds you about having your best interest at heart is BS.

Attend an event, they are all almost identical. "You need one centre of influence to change your life" - him - and you get this by paying him $10K to join his club. If you are broke he tells you to borrow the money, to quit making excuses. Pay him $50k and you can be even closer to him.

"The biggest virus is I cannot afford it." "If you had a gun to your head you would find the money." Seriously, I learned absolutely zero in 1 year. Attended many events, even when the previous one was a waste of time, hoping to get something for my money. What a waste. What a lying criminal.

Hopefully now that he is being investigated for a 3rd time by the Ontario Securities Commission he will end up in jail. He needs to be stopped.

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Loss:
$350000

Preferred solution: Full refund

User's recommendation: Stay away, far away

2 comments
Taylyr

OSC Investor Alert: Sunil Tulsiani For Immediate Release OSC Investor Alert Enforcement April 26, 2021 https://***/en/news-events/news/osc-investor-alert-sunil-tulsiani

Guest

Sunil is a gold digging evil man. He rips off people and gives no value for your membership. Do not join this club.

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Anonymous
map-marker Ottawa, Ontario

Want to stop people from being ripped off

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Sunil Tulsiani and his wife Sangita are criminals. When the Ontario Securities Commission (OSC) banned him from being director or president of any investment club they simply put his wife at the top and continued to rip people off.

And not a couple thousand dollars. To write a chapter in a garbage book costs $12K. He convinces people this will give them credibility. Imagine, many of these people have never invested in real estate.

How will a chapter in a *** book talking about nothing give them credibility to people who want to invest in real estate. Membership is 10K. You learn nothing. In a year not once did he talk about how to evaluate deals, how to find good markets to invest, how to do your own due diligence.

He gets people to talk about their successes and takes credit. He talks about access to his money and doing JVs with him. In 1 year he mentioned one $50K JV, that is it. His examples of his own success are 15 years old - when he quit the police force in early the early 2000s and supposedly made millions in the last US real estate crash.

No newer examples. He lives in a city where property values have sky rocketed in the last 10 years but never gave one example of how he made money in that market. Mentorship is 50K. Most of the mentees since I joined PIC left empty handed, getting nothing of value.

I personally have spoken to about 20 people who have left Private Investment Club in the last few months and so many are embarrassed they fell for his BS, even after family told them he was obviously a complete scam. I am so embarrassed. He tells you, "I care. I want you to succeed.

I could make more money doing other things but I want to help people." Since I was a member he sold his own members vacant land at more than twice market value having told them it previously sold for $15K, sold it to them for $8-9K and when they realized it had never sold for more than a few thousand he replied, "It is worth whatever you were willing to pay." And when questioned further, "You need to do your own due diligence." Well at least the last sentence is true, do your own due diligence; but the crap he feeds you about having your best interest at heart is BS. Attend an event, they are all almost identical. "You need one center of influence to change your life" - him - and you get this by paying him $10K to join his club. If you are broke he tells you to borrow the money, to quit making excuses.

Pay him $50k and you can be even closer to him. "The biggest virus is I cannot afford it." "If you had a gun to your head you would find the money." What a lying criminal.

Hopefully now that he is being investigated for a 3rd time by the OSC he will end up in jail. He needs to be stopped.

View full review
Loss:
$350000

Preferred solution: I just want to warn other people.

User's recommendation: Stay away, far away

Muhamed K

Great Expericiance

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Sunil has been such an honest and down to earth mentor. He pushed those around him to reach success and grow in their lives. He has helped many people I know personally reach the success they have in their careers. I would always recommend Sunil and his club to everyone I know that wants the opportunity to grow and have a genuine mentor show you how to get there!
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Pros:
  • Members
  • Educational material
  • Cool stories sunil can tell

Preferred solution: No Solution, I am very happy!

4 comments
Guest

Right .. he's always been open about his criminal behaviour and blatant disrespect for humanity, and is very sorry for hurting anyone and promises he'll never do it again.

Penitentiaries are for the penitent! https://www.newswire.ca/news-releases/osc-investor-alert-sunil-tulsiani-89086****.html

Guest

@Nalin Either he's related, or hasn't yet realized that his 1000's of dollars will ultimately get him nothing but heartache. Everyone that's been through his mentoring program has left with nothing to show... EVERYONE.

Nalin Wxz

He's a clown clearly, he related to the scammer.

Guest
reply icon Replying to comment of Nalin Wxz

I agree this is either him or someone in his behalf.

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Anonymous
map-marker Kingston, Ontario

Complete fraud and charlatan

Defrauded me of a ‘promisory note’ for 5 figures. Convicted of multiple time securities fraud by the OSC. Overall characterless talking head running nothing short of Ponzi scams.
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1 comment
Guest

Definitely correct. He is a scamster and con artist.

Anonymous
map-marker Brampton, Ontario

Sunil Tulsiani with his PIC. HE IS A SERIAL FRAUDESTER

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This guy with his wife and all his relatives are con artist that will take any money from you and will leave you with a dilapidated property in the states in a dangerous worsts areas in several towns in Florida and Ohio. Other than promises and bs you won’t get anything from him and his group of criminals. They are the ones writing five stars and answering the complaints people write here. There is no real clients here, just bs. This criminal currently passed his victims to his wife who is another scammer and they are continuously scamming people when ever they get the opportunity. The books he sells are a complete joke. Useless and garbage. Good only for the recycling been, nothing else. Books not even written by him, but a bunch of people collection of worthless writing about stuff compared with what you can get even free from the internet. He pays to someone else to write and all his *** since is useless manipulate people posting videos in private places. In those you can find him even laughing about how stupid the people is to give him money for nothing. This guy is a pathetic worthless *** that must be now in jail. Happy to know he lost his house that he continuously bragged about, bought with stolen money. What a clown! Soon this will be responded from some one stating that he is the best, the best but to rob you money. Nothing else Stay away from his useless *** books, unless you need to star your wooden fireplace or if you run of toilet paper, his “club” that it is the facade of all his and his family criminal activities and his seminars that are full of bs. Even a kid can do better that this pathetic con.
View full review
Loss:
$30000
Cons:
  • Useless stuff anywhere where sunil tulsiani is present
Reason of review:
Not as described/ advertised

Preferred solution: Full refund

16 comments
Guest

100% true.

PICcares
reply icon Replying to comment of Guest-1745920

Thank you for your feedback. I am sorry to hear that you did not have a great experience with us. Please send an email to admin@privateinvestmentclub.com or call 905-488-4033 to see how we can make it better for you.

Guest
reply icon Replying to comment of PICcares

Looking for full refund but all you offer is extended membership and mentor sessions. It was worthless garbage the first time.

Advice to others: contact your credit card company to reverse the charges. That was the only way I could get any money back.

Nashaly Lmh

I bought a property through Sunil in Youngstown, OH for $42,000. Two years later the management company told me it could not be rented due to the condition.

I didn't understand because it was supposed to be fully renovated. They sent me pictures and I was appalled. The roof was leaking and ceiling caving in, the walls were damaged everywhere, floors were coming apart, front porch was falling apart, the chimney bricks were falling onto the roof, and the list goes on. It seems all he did was have it painted.

I had an estimate to fix it up for $30,000. Instead I listed it with an agent who sold it for $4,500. Most of that money went to the city to pay fees because they had to intervene to clean up the lot because it was a public risk with with bricks falling onto the sidewalk. They threatened to sue me if I didn't pay the fees.

Sunil's response is that there was no warranty and that's why he tells us to do our due diligence. Yet, I spoke to numerous other people who bought property from him and there were absolutely no success stories. Some people's houses were razed by the city even. Everyone got scammed.

Furthermore, all of the lots that he sold in Florida that were supposed to exponentially increase in value are completely worthless. Everybody lost. This is the real reason why the Ontario Securities Commission (OSC) charged him quasi-criminally (https://www.osc.gov.on.ca/en/NewsEvents_nr_2015****_tulsiani-charged.htm). It wasn't just a slap on the wrist for unregistered trading.

People were vehemently pissed off consumers who lost tens of thousands of dollars. Peoples' life savings went into this and lives were ruined.

Sunil shrugs it all off and doesn't care about anyone but himself. Understand this: He only likes you when you're paying him.

Guest
reply icon Replying to comment of Nashaly Lmh

True. Put that *** in jail. Thats his place

PICcares
reply icon Replying to comment of Guest-1745921

Thank you for your feedback. I am sorry to hear that you did not have a great experience with us. Please send an email to admin@privateinvestmentclub.com or call 905-488-4033 to see how we can make it better for you.

PICcares
reply icon Replying to comment of Nashaly Lmh

Thank you for your feedback. I am sorry to hear that you did not have a great experience with us. Please send an email to admin@privateinvestmentclub.com or call 905-488-4033 to see how we can make it better for you.

Guest
reply icon Replying to comment of Nashaly Lmh

123

Guest

Agree. Useless piece of ***

PICcares
reply icon Replying to comment of Guest-1622813

Thank you for your feedback. I am sorry to hear that you did not have a great experience with us. Please send an email to admin@privateinvestmentclub.com or call 905-488-4033 to see how we can make it better for you.

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Anonymous
map-marker Brampton, Ontario

Sunil Tulsiani is a fraud con artist

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He is not wealthy at all. He is just a con artist that will take your money as he did with me in Youngstown OH my best if the May places he promote and the Ontario government and its legal system does nothing to stop and put this guy in prison. If you get caught stealing peanuts you will get prison time or at least a fine and a screwed record but this guy has stolen with his false sales and bs thousands of dollars and he is still on his way. He will sell you a dilapidated house and won’t repair it. Will do a poor paint job if that it will be the most. All the people who surround him are crocks including his wife. All is passed among his family. So as soon as you read or hear the “Tulsiani” better run away since they are trying to scam you and get your hard earn money. I don’t understand why judges here let him go away stealing and do nothing. So if you go to the court here as I did. It will be useless, justice here was not served at all. If his property is being auctioned, I will be happy to see this con losing everything so he can feel what other shave been feeling whe he stripped our money with empty promises and documents that where done in complicity with people in the states. Unbelievable how this guy goes and goes away all the time. Hope all the karma will go to him and his family for generations to come. This guy is one that must be send back to his country India so he can continue his criminal activities there. But shame on you Ontario godvermebt, Ontario Security Commission and Ontario’s court. You are not standing for the people but against the people.
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2 comments
PICcares

Thank you for your feedback. I am sorry to hear that you did not have a great experience with us. Please send an email to admin@privateinvestmentclub.com or call 905-488-4033 to see how we can make it better for you.

Guest

Karma should turn upon him, but I wouldn't curse the following generations. Interest and talent skip a generation so it's not possible that everyone descended from or related to him is going to be a snake.

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Anonymous
map-marker San Diego, California

Phony scam artist

Sunil is an idiot and comes from a family of losers. He is not smart enough to advise anyone on real estate.
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3 comments
Guest

He (Sunil Tulsiani) does not have any factual knowledge about anything. What he does is telling the same stories, some of them are great selling pitches, and at the end, there is no substance in his talk.

His goal is always to get a new buyer so that he can take that person for a long, long ride while taking them to the cleaners. Shame on him!

PICcares

Thank you for your feedback. I am sorry to hear that you did not have a great experience with us. Please send an email to admin@privateinvestmentclub.com or call 905-488-4033 to see how we can make it better for you.

Guest
reply icon Replying to comment of PICcares

LOL! So many people lost 10s and 100s of thousands of dollars.

You don't think we've already tried to come to an agreement? There is never any solution. Everyone just gives up and walks away. So many people losing so much money, even people who gave everything and now have nothing.

PIC has no remorse. If any of you think that PIC actually cares, you are being conned like everyone else.

All the people you used to see on stage as so-called success stories are all gone. Don't be fooled.

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Anonymous
map-marker Kingston, Ontario

The founder and the leader of the club poses as a very successful multimillionaire what is in contradiction with his actual state of affairs. The individual struggles financially.

Ontario Gazette Volume 150 Issue 38 September 23, 2017

Sherif’s Sales of Land, Position 13.

17-0173

UNDER AND BY VIRTUE OF a Writ of Seizure and Sale issued out of the Superior Court of Justice at Toronto to me directed, against the real and personal property of Sunil Tulsiani & Sangita Tulsiani, Defendants, at the suit of Jaroslava Havlicek Plaintiff, I have seized and taken in execution all the right, title, interest and equity of redemption of Sunil Tulsiani & Sangita Tulsiani in and to:

38 Vespahills Crescent, Brampton, Ontario, L6P 2V2

All of which said right, title, interest and equity of redemption of Sunil Tulsiani & Sangita Tulsiani defendants in the said lands and tenements described above, I shall offer for sale by Public Auction subject to the conditions set out below at, 7765 Hurontario Street, Brampton, Ontario, L6W 4T6 on October 26, 2017 at 10:00 am

CONDITIONS:

The purchaser to assume responsibility for all mortgages, charges, liens, outstanding taxes, and other encumbrances. No representation is made regarding the title of the land or any other matter relating to the interest to be sold. Responsibility for ascertaining these matters rests with the potential purchaser(s).

TERMS:

Deposit 10% of bid price or $1,000.00, whichever is greater

Payable at time of sale by successful bidder

To be applied to purchase price

Non-refundable

Ten business days from date of sale to arrange financing and pay balance in full at 7755 Hurontario Street, Suite 100, Brampton Ontario, L6W 4T6.

All payments in cash or by certified cheque made payable to the Minister of Finance.

Deed Poll provided by Sheriff only upon satisfactory payment in full of purchase price.

Other conditions as announced.

THIS SALE IS SUBJECT TO CANCELLATION BY THE SHERIFF WITHOUT FURTHER NOTICE UP TO THE TIME OF SALE.

Note: No employee of the Ministry of the Attorney General may purchase any goods or chattels, lands or tenements exposed for sale by a Sheriff under legal process, either directly or indirectly.

Date: September 8, 2017

Joan Zammit

7755 Hurontario Street, Suite 100

Brampton, Ontario

L6W 4T6

905-456-**** ext. 5519

(150-P287E)

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3 comments
Guest

Whoever is reading this and don’t find any “good” reveries about Tulsiani the scammer, it is just simple because all that is real. He is struggling BIG time.

Maybe at some point he will end in jail.

Where he truly belongs. Tulsiani has nothing tonsayinabiut this post so he and his crocked family remains silent, waiting for another dumb to prey.

Nashaly Lmh
reply icon Replying to comment of Guest-1645051

From the Onatrio Gazette: Sheriff's Land Sales https://www.ontario.ca/document/ontario-gazette-volume-150-issue-38-september-23-2017/sheriffs-sales-lands#section-12

Guest
reply icon Replying to comment of Guest-1645051

Even Edward Snowden calls him out. LOL ..

a serial fraudster invites a top whistleblower to his event. https://www.ctvnews.ca/business/canadian-whom-edward-snowden-called-out-for-past-involvement-in-a-multi-million-dollar-scheme-says-he-s-worked-hard-to-move-on-1.541****

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Jamie Kxt

This review is from a real person who provided valid contact information and hasn't been caught misusing, spamming or abusing our website. Check our FAQ

Verified Reviewer
| map-marker Brampton, Ontario

Lost over 40, 000 CAD investing with Sunil Tulsiani

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Purchased two properties from Sunil in 2012 in Youngstown OH for a total price of $52,000.00 US, kept them for a few years. We paid this price because he was going to repair both properties, all he did he washed the carpets and did some new painting. We had big problems with both properties due to Sunil not performing all repairs and renovations he said he was going to do i.e. he said he was going to replace the roof, a year after its purchase one of the properties' roof had a huge hole and he claimed not being responsible to repair it, so we had to cover all the expenses ourselves. Both properties were sold in 2016 at $10,000.00 US each. I would not, for any reason, trust this guy with one dime. Please be careful.
View full review
Loss:
$40000
Reason of review:
Not as described/ advertised

Preferred solution: Full refund

3 comments
PICcares

Thank you for your feedback. I am sorry to hear that you did not have a great experience with us. Please send an email to admin@privateinvestmentclub.com or call 905-488-4033 to see how we can make it better for you.

Guest

Sunil Tulsiani seems to SCAM ALOT OF PEOPLE.

Guest

I lost 250K US investing with him. All the properties in OH and FL are worthless houses. He does not care and simply want to move on to next "buyer" that does not do his homework.

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Esiah Hbh
map-marker Brampton, Ontario

Avoid Sunil tulsiani or PIC or Private Investment

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I lost 250K US with various houses in OH and FL. It turns out he did not pay property tax, zero maintenance and houses are worthless! He does not care even after lawyer letters. He just wants to move on to next idiot that will give him money for his game. I would avoid him forever. I have not heard anyone that actually made any money from his story except him. I lost 250K US with various houses in OH and FL. It turns out he did not pay property tax, zero maintenance and houses are worthless! He does not care even after lawyer letters. He just wants to move on to next idiot that will give him money for his game. I would avoid him forever. I have not heard anyone that actually made any money from his story except him.
View full review
Loss:
$250000
Pros:
  • Cool stories sunil can tell
Cons:
  • Scam
Reason of review:
Not as described/ advertised

Preferred solution: Full refund

4 comments
PICcares

Thank you for your feedback. I am sorry to hear that you did not have a great experience with us. Please send an email to admin@privateinvestmentclub.com or call 905-488-4033 to see how we can make it better for you.

Nashaly Lmh

I guess even Sunil's not making money, since his house was up for auction after defaulting on his payment to his 2nd mortgage with a private money lender (lol). I guess he wants to drag as many people down with him as possible.

I lost nearly $60,000 in real estate investments (I actually had to pay to get rid of one to cover fees from city of Youngstown, OH). I lost an additional $150,000 and more from his mentorship, speaking, and book programs that never made me a cent. In fact they cost me more money, in the form of prize giveaways, event space rentals, printing expenses, audio-video rentals, etc. I don't even know how much I lost.

All was under the direction and guidance of Sunil. He didn't care about my losses, but rather just told me to sign up for more things to make the money back.

Duh. I thought he was a friend, but apparently he's just a good con artist.

Guest

Sorry to hear that you lost $250,000, it is alot of Money Lost.

Guest

I just attended a seminar that was presented by Private Investment Club which was founded by Sunil Tulsiani. The ONLY real speaker was the Keynote Speaker which was the one and only Brian Tracy.

Sunil and the others called themselves " professional speakers " when the fact of the matter is I have heard Grade 8 students that communicate better and are far more articulate than this clown Sunil. He said during the seminar that the cost to join this club is $5,000. After attending this seminar, and seeing these comments about this individual who lost $250,000, if I gave Sunil 5 cents for the memebership, I would ask for change!!!!!!!!!!!!!!!! I was one of the folks in general admission and we were treated like second class citizens.

They did not even have the decency to provide coffee at the breaks. In my opinion, it is only a matter of time before this individual's scam sinks his business.

You suck Mr. Tulsiani.

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Anonymous

Private Investment Club - GREAT CLUB??? think AGAIN!! SCAM ALERT!!!

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Sunil Tulsiani is a scam artist that will take your money away. the Tulsiani family have been transferring the "company" between family members until they get caught and can be scamming any more (i.e. Ravinder Tulsiani- previous scammer family member of the Tulsiani family of scammers!!!). then they turn into a big book sellers, all that is FAKE! and their books are nothing mre than GARBAGE!!! DO NOT TRUST SUNIL TULSIANI , HE IS A BIG CON ARTIST, HE IS NOT WEALTHY real estate famous person, he has just a circus to take away money from innocent people that's it! Who in the *** will come to make you rich because he is like that " a good guy" and want to share his "success". Telling crap like: being famous, successful, rich, turned people rich (what a joke! )breaking bread crap stories, etc, etc 100% BS BIG TIME! If you notice good reviews is because he post those as a third person, reviewing him self as honest, rich, famous that will turn you into a wealthy person. 100% FALSE, BUT if you do not believe, go ahead and get this con rob your hard earned money. If someone comes to tell you he/she is successful, in those ridiculous meetings with him, is because that person is in his SCAM. Investigate this scammer more, check the government of Canada link below. He has been in court after court big time. https://www.osc.gov.on.ca/en/search.htm?gquery=Sunil+tulsian http://www.osc.gov.on.ca/en/NewsEvents_nr_2015****_sunil-tulsiani-charged-quasi-criminally.htm Court about his conduct: "The conduct of the Respondents was egregious and dishonest. They preyed on vulnerable investors, many of whom clearly did not understand the purported investments, and did not qualify for any exemptions." and the IRS should investigate this scammer that is evading taxes also! Criminal big time!
View full review
Cons:
  • Sunil tulsiani charged quasi-criminally at osc
  • Scam
Reason of review:
Poor customer service
6 comments
Nashaly Lmh

Read about the makings of a scam and workings of a serial con artist here: http://www.westlawecarswell.com/oscb/on3446/on3446-22.htm Sunil tries to tell people today that it wasn't his fault and that he was a victim too. However, read through it and you'll see that when everybody lost all of their money, he tried to blame it on the partners, even though you can see he was full involved a deceiving everybody.

He scammed his own club members and left them all hanging out to dry after getting some very big commission cheques. You think he's done scamming you? He was charged again by the OSC and continues to find ways to scam people with his mentorship and books programs, since being banned by the OSC for selling real estate deals. Particularly disturbing behaviour showing how he took advantage of people who risked losing everything: [153] Investor Seven and her sister met with Tulsiani, Ravinder and Chau at which Tulsiani did most of the talking.

At the meeting, Investor Seven told them that the money she was investing was borrowed money and that she "can't afford to lose this money" because she just went through a separation so she had to know that the investment was safe (Testimony of Investor Seven in Hearing Transcript dated January 14, 2011 at p. 26). Tulsiani responded by telling her that he and his father were invested in the Project and that it was a "very, very secure investment" (Testimony of Investor Seven in Hearing Transcript dated January 14, 2011 at p. 27).

Investor Seven further testified that Tulsiani frequently referred to his father at PIC meetings as "always very, very cautious" and "averse to any risk at all" and so the fact that Tulsiani was saying that his father invested "was saying that it was like a super secure investment" (Testimony of Investor Seven in Hearing Transcript dated January 14, 2011 at pp. 27-28). 154] Investor Seven and her sister brought two cheques to the meeting as they were not sure in advance how much to invest but decided to invest all of the money, namely, $150,000 obtained from a line of credit, because they were told by Tulsiani, Ravinder and Chau that it was a secure investment and as a result of Tulsiani's further assurances that the money was in trust, was safe and that she would see her money in 10 days. Tulsiani also told Investor Seven that "our lawyer", Sookhai, was reviewing documents and making sure that everything was in order (Testimony of Investor Seven in Hearing Transcript dated January 14, 2011 at p.

29). [155] Other investors also invested using a line of credit. [156] The investors signed a "Subscriber's Declaration" indicating that they alone or with their spouse beneficially owned assets that had an aggregate realizable value (before taxes but net of liabilities) exceeding $1 million. Investor Nine testified through an interpreter regarding the declaration that she told Tulsiani that she did not qualify and how he responded: Q.

And what did Sunil say to you? A. Sunil say [sic] that this investment is really safe and you get your money back really soon, so do not worry about it. So he tell [sic] me to check on it.

So the check, I put it myself. (Testimony of Investor Nine in Hearing Transcript dated January 14, 2011 at p. 203) [157] Investor Seven also indicated at the meeting with Tulsiani, Chau and Ravinder that she did not qualify but Tulsiani told her that it was just a technicality and that she needed to pick one and "most people are ticking the first box" indicating that they beneficially owned net assets exceeding $1 million before taxes (Testimony of Investor Seven in Hearing Transcript dated January 14, 2011 at p. 32).

Investor Five raised the same concern with Chau who also dismissed it as a technicality saying that "it's not whether you really can demonstrate that you have a million dollars in assets", his perception was sufficient (Testimony of Investor Five in Hearing Transcript dated January 13, 2011 at p. 22).

Chau also indicated that this was in regard to all assets including houses and cars and not just financial assets. Other investors gave similar testimony.

Guest

All his millionaire list is fake and bought up... I know few on the list personally who were promised to get kick backs & to share from Sunil Tulisiani & Sangita Tulisiani ponzi scheme.

A couple has been removed me from the list and YouTube... If u knowcounting, u will see missing from the consecutive list Sunil boosts ro scam money out of small investors for ponzi, memerships & directing investments to dump projects of Ohio, Florida, Stinson etc etc

Guest

Wow this guy is a spaz, hes clearly angry about something else, PIC is a great place to network!

Guest

What you've said is completely correct & 100% true - all of it. Sunil Tulsiani has been found guilty on so many charges by the Ontario Securities Commission on many different occasions over many years.

You will find much of this information documented online if you do a proper search.

You can also search court documents to see how many times he has been sued by individuals who feel he has cheated them in their investments or through his investment club.

So many members of his club have left when they discovered what he's really like. And he has threatened members with a lawsuit when he has found out that they truthfully answered (but negatively reflecting on Sunil) the questions of prospective new club members when they are trying to execute their due diligence before joining.

This must all be so embarrassing to the Canadian police forces to think that he was ever a member of the OPP, and an officer at that.

Nashaly Lmh
reply icon Replying to comment of Guest-1333105

Be careful what you sign up for ... https://800notes.com/Phone.aspx/1-41*-***-****#p154801****07848****

Guest

If you require proof of how crooked Sunil Tulsiani and how deep the rabbit hole goes, here are a few things you may consider looking up that are not based on someone's opinion but on real live facts;

#1.Get out of your comfort zone to access the real facts & information. You will find it only at the "Brampton Court house" in Ontario when you enter Sunil's full name in their PC.

This little tip will open your eyes wide & will save you a fortune when you see the truth. Unfortunately, those records are only available to the public when you go to this specific courthouse in person or if you are being represented by a lawyer.

If you have already retained the services of a lawyer, know that it's too late and just like the group of 20 investors in 2011 who got screwed by Sunil Tulsiani, this path will cost you a fortune in Lawyer fees, and sleepless nights due to stress with acid in your stomach with potential other health issues due to the stress from such an adventure.

You see as of today, since the July 2011 verdict from Judge Lenon awarding these 20 investors $500k + $80k in punitive dammages (caseCV-11-1****-sr), they have not yet been able to collect a penny from their court victory. This court victory has costed them $100,000 in lawyer fees additional to all the money lost due to Sunil Tulsiani's scams.

Sometimes I can't help but wonder if Sunil was really ever a cop & got kicked out, was never really a cop and simply lied about that too, or just liked to purposely use his title as a tool to get you to lower your guard as he robs you blind.

The court found in the records of the Brampton Ontario courthouse are only the tip of the iceberg because too many of Tulsiani's victims are too embarrassed to talk publicly and admit they made a mistake.

#2. Court house will not divulge information over the phone, however feel free to call Ontario Securities if you have any concerns, consult their records as well and/or talk to a Lawyer (Cassels Brock Law Firm in Ontario would be in a good position to enlighten you) Whatever you do, remember that at the end of the day you are responsible for your own actions and will reap the profits or losses from this decision regardless of who's right or wrong, so chose wisely & Good luck!

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Anonymous
map-marker Toronto, Ontario

GREAT CLUB!!

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PIC is an amazing place to network, Worth every penny. I've been to many clubs, and events all over North America in the past 4 years. PIC is one of my favourite places to network. The founder is a great speaker. I would highly recommend checking this club out. Just a very straight forward place, whether you are new to real estate/investing or experienced its a perfect place to connect. If you know someone who's a member i would definitely suggest asking them to get you a guest ticket to try it out and see if the clubs a good fit for you. I am Looking forward to the next PIC event!
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Pros:
  • Educational material
4 comments
Nashaly Lmh

I have been to many clubs and events all over North America in the last 20 years. PIC has a membership that consists of people who are used and abused, after Sunil pinches every dime out of them.

The rest are seminar junkies who go to everything and don't have any money. The ones that are actually successful eventually learn this and leave. It's not worth a penny. Sunil is NOT a real estate investor and his so-called millionaires are either not actually millionaires or were not made by him or PIC at all.

Furthermore, most of them are gone and don't talk to him anymore, including his long-time 1st Millionaire. His philosophy is to fake it 'till you make it. There is no educational material. All he does it try to get you to sign up for a high ticket item like writing a chapter in a book to boost your credibility.

It's a fake book published by PIC and has fake awards and promoters to make it a best-seller on Amazon. Others offer the exact same thing for a fraction of the cost, but don't do it. I learned the hard way by paying over $15,000 to PIC for a book. I gave it out to people I was trying to impress and the best criticism I got was "well, I liked you chapter." Others told me that book is amateur, useless, a total waste of money, and is actually hurting my credibility.

If you want good educational material, join REIN. They will at least get you started in the right direction and is a much better place to network.

Guest

Tulsiani's criminal trial results:

June/2017

1. fined 50k

2.

ordered to pay 208k restitution to victims ( only 2 out of countless victims)

3.

2 year probation

4. get full details at Ontario Securities Commission website

Guest

So are you too embarrassed to put your REAL name? It sure makes you look credible!

You could be Sunil's child, or cousin, or even Sunil himself. Sure, I believe you! Not!!!

What a laugh!

Read all the reviews and comments of those saying PIC is a scam and Sunil is a *** artist. Phone the Ontario Securities Commission and hear what they have to say about him.

Do a Google search yourself and find out the truth.

Guest
reply icon Replying to comment of Guest-1333106

This guys a spaz, people can be so negative now days, pic is a great place to network I agree.

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Anonymous

Sunil Tulsiani is a sacam

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This is not true, my husband and I purchased two properties located in Ohio USA from Sunil Tulsiani in 2012, sold in 2015 for not even 1 third of what we paid for them. He sold us two fully repaired houses, rented with property management in place. Big scam! houses were never repaired, when we tried talking to him about all the issues we were having, he did not even answer emails or calls. KEEP YOUR MONEY SAFE, do not trust Sunil Tulsiani. This is not only about money, also about your health, having properties in bad condition with no property management in place, somewhere faraway from where you live can be a lot of stress.
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Reason of review:
scam
2 comments
Guest

Both him and his wife are idiots. Dont waste your time dealing with a crook. Uneducated family.

Guest

Sunil Tulsiani at it again! At the Toronto real estate wealth expo with his slimy entourage.

Sunil taking every opportunity to go up to the mic to get exposure. He's a fraud. Don't be fooled. He has convictions against him & plays the victim not to mention how bad he feels about you.

His Opp story is getting old. It's not the real story either.... ask yourself when you quit.... can you cash in your pension??????

It's the provincial govt & needs to be divested! He's not a millionaire.

Stay away from his wife's business. That's where his clients come from he's "helps".

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