Paul Mampilly – Scam Artist? Fraudster? Legit? My Review Uncovers The Real Truth!

Dale
Born & raised in England, Dale is the founder of Living More Working Less & he has been making a living from his laptop ever since leaving his job as an electrician back in 2012. Now he shares what he's learned to help others do the same... [read more]

There’s been a lot of talk about Paul Mampilly lately, ever since he launched his Profits Unlimited program which claims to provide its members with a way to cash in on the “greatest innovation in history”, promising ROI’s of up to 8,000%…

Paul MampillyHis program even claims to have helped people earn as much as $16,000 overnight… But is he really legit & can you trust him? Or will Paul Mampilly scam you & just leave you out of pocket instead?

Thankfully you’ve landed in exactly the right place to find out as I’ve taken a closer look at Paul Mampilly & his programs to see exactly what’s really going on, and in this review, I’ll be uncovering the truth… Including of course whether or not you can actually make any money with him.

Who Is Paul Mampilly?   |   A Look At His Investment Background   |   Paul Mampilly Scam Rumours   |   Is Paul Mampilly Legit?

Who Is Paul Mampilly?

So if you’re reading this review of Paul Mampilly then chances are you probably know of him from his Banyan Hill backed make-money programs, which include Profits Unlimited & True Momentum.

However Paul Mampilly is actually quite a big name in the world of investing, and whilst he now seems to work primarily as an author/editor for Banyan Hill Publishing, prior to that he has been featured on Bloomberg & picked up by websites like Stock Gumshoe.

Paul Mampilly Bloomberg

But being featured in those publications alone doesn’t really prove you’re legit. After all I’ve seen several people appearing on Forbes etc that turned out to be complete fraudsters… So what about Paul, is Paul Mampilly a fraudster?

Well the short answer to that is NO he’s not. However I will also state that whilst he does give out seemingly genuine advice, the programs he’s involved with (like Profits Unlimited) seem to be incredibly hyped up.

I believe this is the fault of Banyan Hill though as opposed to his own…

It seems like Banyan Hill Publishing, just like Agora Financial (a similar company behind similar newsletters under the Agora Inc umbrella) are going all-out on their marketing & putting together really hyped up pitches for his investment programs.

Profits Unlimited Reviews

I mean sure – when it comes to investing you COULD potentially make a lot of money, but typically the higher the promised ROI, the more risk there is involved… That’s just how the game goes.

Naturally though the bold claims boasted via the sites he’s associated with have triggered a lot of Paul Mampilly scam rumours. People see the promise of quick riches & naturally assume somebody is a scammer without even doing any due diligence whatsoever.

I mean don’t get me wrong I always advise that you tread carefully whenever something promises easy riches (as it has the potential to be a get-rich-quick scam) – but that promise alone does not necessarily mean that it’s a scam as such.

In the case of Paul Mampilly’s programs they are not scams, but as you can probably guess they are quite unlikely to deliver on their promises – and I’ll talk more about that in just a moment.

Firstly though…

Paul Mampilly’s Investment Background

If you’re looking into any of Paul’s programs, like Profits Unlimited for example then the first thing you are probably wondering is how you can trust the guy. How can you be sure the information he provides is legit?

Well like I mentioned earlier in this review Paul has been featured in the likes of Bloomberg, and that feature was due to the fact that he had a pretty darn impressive background as an investor prior to retiring at the age of 42.

Some notable events in Paul’s background include:

  • Working on Wall Street for 2+ decades
  • Managed multi-million dollar accounts at the Bankers Trust Private Bank, Deutsche Bank and ING
  • Increased assets of Kinetics Asset Management to 25 billion dollars
  • Managed money for the Royal Bank of Scotland as well as private Swiss banks

Anyway, like I mentioned before that – Paul decided to retire at the age of 42. He had a pretty successful, and no doubt it was a lucrative career for him… So I guess why not? It seems though that he did not want to stop there though…

Instead he retired from managing money, but he went on to work for Banyan Hill Publishing producing newsletters through which he’d share his picks & personal investment advice. He joined Banyan Hill (which is part of Agora Inc, the same company that owns Agora Financial) back in 2016 and already in just 2 years he has over 90,000 subscribers to his newsletter.

I guess that’s hardly surprising though given his success coupled with the powerful marketing team at Banyan Hill Publishing.

Why The Paul Mampilly Scam Rumours?

The whole reason I decided to put this post together was that after reviewing Paul’s Profits Unlimited program I noticed there was quite a few people on the web who were calling him a scam artist, so I wanted to get to the bottom of it.

What I can say is that as far as I can see Paul Mampilly is NOT a scam artist, in fact it seems that overall the picks he has sent out via his newsletters have been profitable. Sure, some have lost – but he has had proven gainers of up to 253% which is pretty darn impressive.

So why are people calling him a fraudster?

Well sadly I think that’s down to the hyped-up promises boasted on the sales pages of his newsletter. For example his Profits Unlimited program features testimonials of people claiming to have made $16,000 overnight which is just crazy.

I mean sure, it’s definitely possible to do that – but it’s the unlikely scenario, and it’s the minority that will… So naturally when people see such incredibly bold claims they just assume it’s a scam without doing any due diligence.

Sadly these misinformed people then even go on to state to others that the whole thing is just a scam, without even knowing how it all actually works. Sure, it’s risky – but it is definitely not a scam.

This is just the type of marketing the companies under the Agora Inc umbrella like to do though – it’s typical of both Banyan Hill & Agora Financial to push out programs with incredibly bold claims… They’re good marketers & they just know what grabs peoples attention.

The good thing about Paul is that he generally seems to use 8-12% stop losses. So whilst there is risk involved, these stop losses minimize the risk by closing out the investment if it doesn’t go in the direction it was anticipated to. You’ll still lose money, but the stop losses keep the losses to a minimum.

My Verdict – Is Paul Mampilly Legit?

As far as I’m concerned Paul Mampilly is definitely legit. From the research I’ve carried out he seems to be a real guy with an impressive background & overall it seems his recommendations are generally profitable.

I think that it’s just a case of using common sense when you’re looking into subscribing to any of his newsletters. You should keep in mind that they are not just going to be “push button” money makers & if that’s what you’re hoping for then you should just steer clear of them.

However on the other hand if you’re aware of the risk & you have enough money that you can afford to lose if things don’t go as hoped then Paul Mampilly’s newsletters might be something that you’d find value from.

Personally though I am not a big risk taker when it comes to the likes of trading & I like to make money through means that I have full control over, that way I eliminate any risk & know that I am in control of my income. One of the best ways to do exactly that is via something called affiliate marketing, which you can learn more about (for free) at Commission Academy. That’s helped me build a solid, substantial income over the years & I’d highly recommend it.

But overall whatever it is you decide to do, whether it be investing, affiliate marketing, or any of the other ways to make money online – I just hope that you found this review of Paul Mampilly useful. If you do have any further questions or comments though then of course don’t hesitate to leave them below & I’ll get back to you as soon as I can. 🙂

Dale
About the Author:
Born & raised in England, Dale is the founder of Living More Working Less & he has been making a living from his laptop ever since leaving his job as an electrician back in 2012. Now he shares what he's learned to help others do the same... [read more]
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22 thoughts on “Paul Mampilly – Scam Artist? Fraudster? Legit? My Review Uncovers The Real Truth!”

  1. Paul Mamphilly has yet to make me any profits. After a year of his service I would have to say he is scam. I’ve made money on my own investments and I had absolutely NO experience other than reading articles. So for someone with no experience in stocks or trading to make more than Paul in past year, maybe I should be selling my services and thoughts on stocks. I must be more of an expert.

    Reply
    • Sorry to hear that, but the last part of your comment made me chuckle at least. Yes, Jean’s Trading Blueprint – only $100 per month subscription LOL. What I do know is that some brokers like IQ Option have affiliates whom they pay commissions to if they refer new members – and more so if the members they refer LOSE money… I am not saying that is the case in this particular instance, but hey – who knows what goes on behind the scenes. Regardless though thanks for your insight.

      Reply
    • You are to right, nothing but upselling junk. This Phil Mamphilly is a fraud and he has glued himself to my P.C. and I am having a Very hard time removing this man .

      Reply
  2. Hi, Dale; I found you and your program while I was checking out Paul Mampilly. You said he was legit and not a fraud. However, yesterday I paid him $49 to get into his basic program, but he was not satisfied: he wanted to sell me an expensive lifetime membership, that cost over $2000, for what he called a “bargain” of $495. When I refused he wouldn’t stop enticing me with something else. When I finally refused to accept any more offers he asked me to subscribe to some “charity” to help poor people that he says he supports. I don’t need his charity; I am connected with my church and Habitat for Humanity who are involved in several mission projects and help a lot of needy people. I don’t need Paul Mampilly’s charities. Are you sure this guy is legit? Will he soon be in the news that he’s in jail? He started his presentation by saying that it only took a $10 investment to start making money, but by the end of his presentations, he was suggesting an initial investment of $10,000. I don’t have that kind of money. I have $700 in my checking account and that is to make my monthly car payment, pay utilities and meet living expenses. Could you please let me know about this Paul Mampilly person? Thank you.

    Reply
  3. It does not take a PhD In Management to pick a stock! (a) Buy this stock now(*&^%$#@)(*&^) If I tell you then you will make a lot of money and drive up the price!
    So I am going to Schwab Tomorrow and buy $100,000 worth of the stock then O will tell you and you are going to realize that I am RIGHT because I am one of the smartest people in America today!
    The guy in question: If you listen to the message very carefully you will see this and hear this ( it is said very glibly for legal reasons:” PAST PERFORMANCE IS NOT INDICATIVE OR PLAIN SPEAKING {A GURANTEE OF FURTUE SUCCESS OR PROFITS!
    Please, do not send me or solicit me for anything because I shall remind you that I am one of the smartest people in America and that is a reality!

    Reply
    • Have you really got nothing better to do with your time than to spend it attempting to insult strangers on the internet? You should be ashamed of yourself.

      Reply
  4. Thank you for the review. Yesterday, I just signed on to his program which I paid $79.00+ with the knowledge I am not going to be an overnight millionaire. Mr. Mampilly says several times there is no guarantee you will make extreme profits and you can lose. With that in mind, I joined. I have a choice to purchase or or not . I just want some expert advice and knowledge. I will go along for a while to see.
    Do you really believe the “one of the smartest people in America” really dropped a hundred grand with Schwab?

    Reply
    • Yep, that’s fair enough William. And with regards to the bold claims in the marketing material, I imagine the claims they make are likely true to some extent but overly exaggerated… Certainly not as clear cut as they make it seem, in my opinion.

      Reply
    • Hi William – I use Profits Unlimited by Paul and so far I have made money on this one account that I use just for Pauls recommendations. (buy and sell) I started in March 2020 and setup my first buys on March 16 at the bottom of the market. I do not use all of the Profits Unlimited list of stocks, instead I use 24 of the total list. Of these 24, 20 are very profitable and 4 are sideways. Does Paul always hit a home run? No he does not and neither do I when researching stocks. If you follow his rules of buying and pay attention to the stock pricing he shows you on his list you can make basic decisions on what stock you feel comfortable about. I don’t use all my retirement funds and only invest what I am comfortable with and have this setup on a separate account. So far this one account is up almost 50% this year from March until now in September. Looking at todays market and the current list I would say to be very focused on the recommended buy pricing that is included in the newsletter. If I were just starting out on Profits Unlimited now in September I would be careful in my selection off the list. I do have triple digit profits in this account only because I was lucky and timed the bottom of the market in March 2020 plus the stocks I have continue to grow in value. I think coming into the market now will be even more difficult. Paul is long term as he indicates in his documentation – like 2 or 3 year hold which he mentions as “Strong Hands” theory. Good luck in your portfolio and I wish you well….

      Reply
  5. The author of this article is in the same business as Paul…Selling dreams. I would not accept this as a non-biased article.

    There’s a lot of free content out there to help you get started investing on your own. Start with a paper account to learn the trade before making mistakes with your own money.

    Don’t be lazy. Do your own research.

    There are no shortcuts.

    Reply
    • I am absolutely NOT in the business of “selling dreams”, quite the opposite. I have literally put a whole section of this website together outlining the hard work that is involved in order to make good money online & it actually advises people to not pursue an online venture unless they are willing to put in the work required. Plus, all of the content on this website is FREE too. I am literally one of the creators of the free content that you are referring too, yet you start your comment out by slamming me. Shame on you, Derek S.

      Reply
  6. Always be careful with today scammer, many claim that they know everything. Why don’t they invest and make lot of money themselves, instead of begging you for money.

    Reply

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