YouTube has for quite some time now been running advertisements by people claiming to be online gurus who often offer easy solutions to emotional and money problems. Most of them mention that they have taught lakhs of people, including the relatively new ones starting their claim at over 10,000 students.
Most of them are either peddling lies or a multi-level marketing scheme. In the end, there is no mechanism for YouTube to assess to what extent frauds have an impact on the victims. These individuals are the people who gain the most from the courses or seminars that they promote. Individual success stories of people taking part in the course are mostly fake. These advertisements are aimed at selling the course and not really helping those who pay for it. Mostly, they include generic content. In fact, people who claimed to teach financial independence and early retirement should be compulsorily avoided. Money is well-spent on courses in verified edtech companies. However, YouTube must come up with a mechanism to prevent such individuals from looting the general public.
