I came across a critical review of Jim Piccolo DBA IQUP formerly Tecademics and about to be rebranded AGAIN. on a Scam Reporting website – DirtyScam.com, titled ‘Serial Scam Artist Did not learn his lesson after Nouveau Riche Lawsuit’.
DirtyScam allows anonymous submission of complaints from angry consumers and victims of scams. Since the website is hosted offshore (probably in Russia or India), we take this (negative) review against Jim Piccolo DBA IQUP formerly Tecademics and about to be rebranded AGAIN. with a pinch of salt.
Here is what the review says –
You can run, but you cant hide Jim. This Serial Scam artist is SO slick, he has now added the senior population to his prey. Afterall, they have equity and retirement to dip into. Being sued for 5.5 million for past illegal behaviors does not put a dent in his tracks. His scams are all education based. His for-profit academies appear to be cutting edge, and if he followed through with ANYTHING he said, they actually would be. The scam unfolds something like this: We are pre-launching this amazing new academy that will be the only one of its kind in the industry. (his industries have included, banking, real estate and largely internet marketing). After BizziBiz fell apart and Global Banking Academy fell apart too, and Nouveau Rich lost the lawsuit for 5.5 million Tecademics was born. (with another well known serial scam artist Chris Record, who was a student at Nouveau Riche where he met Piccolo) After that pre-launch fell through at the end of 2018, the name had to be changed to IQUP (Academy). They are in the process now of rebranding THAT venture for 2019. Anyone who changes the face of his business year after year has something to run from. The products all start with a free lead magnet, then move on to the monthly membership, then a product for hundreds then the product for thousands. Tecademics is still in the middle of fighting the fallout from the $37,000 product (class) called E-Comm Incubator. This was supposed to provide a Done-for-you Shopify store made by 6 figure earners that ended up being made by students hired on full time to fulfill this requirement. Of course, half of the year went by before presenting these stores to any of the students. You cant even trust him with a contract. The contract clearly states if you do not make $12,500 in their momentum guarantee, you will receive a complete refund. He easily gets around that by saying that everyone (an entire class of 100) slacked off. The scam is slow and insidious. You have spent all of your time and money before you realize you arent ever going to make a dime back, by design. I dont think they were expecting anyone to make money since registering your store with the Board of Equalization to pay quarterly taxes was never brought up until month 11 of 12. Not to worry, only a few people passed the thousand dollar mark anyway. IQUP is a rebranded version of this nightmare, (Tecademics) and rumor has it, they are going to rebrand again by years end. They skate around the fallout by jumping from the veil of one corporate entity to another, hiding the faces and names and falsely advertising that they were purchased by big investors who LOVE their model.
In case you don’t already know (assuming you came to this page by Googling ‘Jim Piccolo DBA IQUP formerly Tecademics and about to be rebranded AGAIN. scam‘, or ‘Jim Piccolo DBA IQUP formerly Tecademics and about to be rebranded AGAIN. review‘, Jim Piccolo DBA IQUP formerly Tecademics and about to be rebranded AGAIN. is listed under the category Business on DirtyScam.com.
Here is the rest of the contact information for the sole purpose of identification –
- Phone: 480-630-(4787)
- Website: http://IQUP.com
- Severity of Scam: Extremely High [not sure what it means]
- Reported Loss: 37000 $ [unsubstantiated]
- Reported by: Anonymous [obviously]
The entity Jim Piccolo DBA IQUP formerly Tecademics and about to be rebranded AGAIN. was awarded 3.4 / 5 Stars based on 5 Reviews.
It is difficult to ascertain whether Jim Piccolo DBA IQUP formerly Tecademics and about to be rebranded AGAIN. is a Scam, or Legit, based on this single review. In the coming weeks/days, I will try to research deeper into Jim Piccolo DBA IQUP formerly Tecademics and about to be rebranded AGAIN., analyze and list more critical reviews and identify a pattern (or lack of) to substantiate the claim mentioned above.
Regardless, until then, we give the benefit of doubt to the reviewer and list Jim Piccolo DBA IQUP formerly Tecademics and about to be rebranded AGAIN. as someone you need to avoid (for now).
If you have any grievances, complaints, or anonymous tips against Jim Piccolo DBA IQUP formerly Tecademics and about to be rebranded AGAIN., please contact us immediately. If you have lost money to Jim Piccolo DBA IQUP formerly Tecademics and about to be rebranded AGAIN., together we can work to recover your loss.