An exposé about much more than just Suze Orman


From Fraudulent FICO Fables to Corporate Cons, How Suze Orman and Her Crooked Cabal Manipulated the Media, Plundered the Poor, Stole from the Middle Class,  Damaged the United States Economy, and Hijacked a Political Party


A Citizen Journalism Public Service Offering

This online multimedia book is based on the documentary film:

How Suze Orman SCAMMED the World (2016)

A comedy, tragedy, and IQ test all in one


Click here to download the free ebook



Table of Contents

Introduction: The Suze Orman SCAMvenger Hunt

1: From Waitress to “Financial Expert”: Orman’s History of Shams and Shenanigans

2: Seducing Corporations, Banks and Billionaires

3: Trumping Up Her Bank Account with a Gold “Pump and Dump” Scheme

4: Distortions of the “Queen Of Crisis”: Damaging the Economy for Personal Gain

5: The “Approved” Card Scam and Media Wide Fraud

6: Capitalizing On The Financial Illiteracy of The Poor, Minorities, and the “Occupy” Movement

7: The Scam-Ridden Card’s Demise and Cover-Up

8: Sociopathology and a Twitter Meltdown

9: And The Scams Go On…


This is an online multimedia book -- throughout the text, you’ll find underlined links to videos, articles, and other supportive documentation.


Update: Watch Suze Orman and her political lobbyists use the United States Army to cover their scams and plunder our troops.




Chapter Two:

Seducing Corporations, Banks and Billionaires

Suze Orman


After Oprah lifted Orman onto a pedestal of untouchability, Orman hung out the “pseudo-pitches disguised as financial advice for sale” sign, and began to court corporations, banks, and companies of all kinds to plaster her hypnotic eyes and crazed grin on their products. “You too can buy a piece of Oprah’s influence for pennies on the dollar.”

Orman made millions upon millions from these shady corporate deals, bragging to a classroom of low income at risk youth in 2013 (in between trips to the Cayman Islands) that, “Everybody thinks I’m worth fifty million dollars, and they’re way short. I am a seriously, seriously, wealthy woman.”



(Watch the unimpressed teens in this clip: Link 2-1)


A 2004 Chicago Tribune article clearly showed the kind of word and identity changing games Orman plays while trying to cover up her corporate sponsored unethical actions, and how she gets powerful media figures to play along with her lies. The article is one of several outcries from the media in response to this “Lock and Roll” commercial Orman did for GM, advising people to buy a new Cadillac.

(Watch Orman’s “Lock and Roll” commercial: Link 2-2)

From the Chicago Tribune, 2004: (Link 2-2a)

Ad puts adviser's advice in question”

In addition to her usual outlets--the eight-hour run of “The Suze Orman Show” on CNBC each weekend, her occasional appearances on QVC, her pledge-drive specials for PBS--an estimated 180 million people saw the financial guru pitching General Motors' “Lock 'n Roll” financing plan in an ad campaign that ran for 20 days in November and December, according to GM.

Besides being inescapable, the ads, for which Orman was paid an undisclosed sum to endorse the carmaker's zero percent interest rate offer, raised questions about how Orman could claim to give unvarnished advice to CNBC viewers while taking money from GM.

Her entire persona revolves around giving fair and wise advice to people who rely on her,” said David Bernknopf, a media consultant and visiting professor at the University of Colorado's School of Journalism and Mass Communication. “And if she's taking money from someone whose business touches on the advice she gives, how can that not raise questions about her fairness and honesty and independence? “

Ronald Duska, an ethics professor at The American College, a school for financial professionals, agreed.

Just because you're getting paid to say something doesn't mean you shouldn't say it,” he said. “But in a sense, she's using her financial credentials to help a company sell a product. That creates problems if she's supposed to be able to stand back and evaluate financial options.”

Indeed, those credentials are precisely what made her attractive to GM: “We approached her because she is a widely recognized and respected financial adviser,” said GM spokeswoman Deborah Silverman.

Orman bridles at the contention that the ads compromised her integrity. They were, she says, just another way to provide people with financial advice. Besides, she's not journalist.

I have now become a celebrity,” she said. “Whether the reporters who have bashed me for years want to believe it, Suze Orman has become ... somebody that America has embraced.”

And, as such, she says she should be held to the same standard as other celebrities who endorse products.

In 2009, Woman’s Wear Daily offered these insights into the machine behind Orman’s continuing corporate shenanigans:

(Orman shares five homes) with her partner, Kathy “K.T.” Travis, 56. The two met eight years ago when Travis, a former advertising executive at Ogilvy & Mather, moved back to the Bay Area from Hong Kong. “We had mutual friends,” Travis says. “They said, ‘She writes about money.’ I said, ‘That sounds boring.’ I’d been in China. We didn’t have CNBC. I didn’t watch Oprah. But Suze is electric. Within a week, she made me throw out all my credit cards and things I didn’t need.”

Suze OrmanTravis now runs Orman’s company, a burgeoning media empire that includes books, tapes, the Saturday night CNBC show, a column for O, the Oprah Magazine, and a partnership with credit reporting agency Fair Isaacs Corp. Fair Isaacs’ credit model, known as a FICO score, is the most widely used in the United States and the arrangement between them and Orman has been a source of controversy in the financial press, since Orman promotes the importance of a good FICO score in her books at the same time she is earning money from the very company that sends that score to potential lenders.

Another source of controversy is Orman’s relationship with TD Ameritrade, with whom she has a business partnership. To convince viewers of her show to begin saving, Orman has suggested going to (a Web site she set up) and opening an account with that firm. If you deposit $50 a month in each of the first 12 months, the bank will match you — up to $100. “It’s a savings rate of 15 percent,” Orman has said repeatedly. The trouble is, after the first $600, the interest rate drops to an ordinary one, making the offer more of a marketing ploy for the bank than anything else.

Also in 2009, the New York Times featured Orman’s wife and brand manager, Kathy Travis explaining, assumedly with a straight face, that Suze’s interest “is not to gain wealth or money—her interest is in helping people.” (It is worth reading this article for many other signs of Orman’s behavioral and other problems: Link 2-2b)

Travis also negotiated a deal for Orman with the developers of FICO, the credit-score formula, for whom Orman now produces an instructional kit that she sells on QVC. And Travis has taken over the management of Orman’s brand. She occasionally lays it on a little thick. Explaining that Orman herself rarely seeks out new business opportunities, Travis says, “Oh, no, Suze doesn’t do that, because her interest is not to gain wealth or money — her interest is in helping people.”

Contrast that with what Orman said to The Chicago Tribune a few years back, when she was criticized for shilling a zero-percent-interest campaign for General Motors in a television ad that ran for a few weeks. Critics charged that she was compromising her objectivity (and that she hurt her credibility by implicitly endorsing the purchase of new cars, which she, like most financial planners, characterizes as a money-losing proposition). “You think they don’t know I was paid to do the G.M. commercial?” Orman said of her viewers. “I’m not in this for charity. This is a business, and anybody who thinks that it’s not a business is an idiot.” It’s a more candid take on her motives than Travis’s, but in its no-nonsense way, it’s pitch-perfect Suze.

Get that, anyone who thought Suze Orman might have a particle of kindness or generosity? “I’m not in this for charity. This is a business, and anybody who thinks that it’s not a business is an idiot.”

The same Chicago Tribune article quoted by the New York Times is also filled with Suze SCAMvenger hunt clues that help to paint the picture of Orman’s shenanigans in the early 2000s, including how she got people like CNBC’s top brass to violate their own intelligence and integrity to play along with her shams:

CNBC is usually scrupulous when it comes to ethical guidelines. Every financial professional who appears on the cable network's daytime shows is required to disclose interests in any company they may discuss, including holdings by family members.

Employees are under stricter guidelines--reporters and correspondents are barred from holding individual securities, lest the prospect of personal enrichment influence their coverage.

It raised a lot of eyebrows around here when we first saw the GM commercials,” said one CNBC staffer. “Clearly it's not something that in general we would be able to do.”

The guidelines do not apply to Orman, explained CNBC spokeswoman Amy Zelvin, because Orman owns her show, and CNBC pays her a license fee to air it.

Suze Orman appears on CNBC as an expert commentator,” Zelvin said. “She is not an employee of CNBC and she is not a journalist. As such, she is able and permitted to pursue outside business ventures.”

But CNBC's Web site suggests otherwise: Orman is listed as the network's “personal finance editor,” a title that suggests both employment and journalistic decision-making.

I recently resigned from that position,” Orman explained. “When all this started with the GM thing, I called up [CNBC Enterprises general manager] Bob Meyers. I said `Bob, this is ridiculous.' I don't do anything as personal finance editor. It was an empty title really. Why even have it?” Orman said she retired the title sometime in late November, and that she had been personal finance editor for about three years.

Zelvin, who expressed surprise when informed of the title, said: “We should have been clearer that she's a commentator and not a journalist.”

(At press time, CNBC's Web site still identified Orman as personal finance editor on the site's “Anchors and Reporters” page.)

Then came an example of one of Orman’s favorite ways of dealing with valid criticism:

Barbara Lippert, the advertising critic for Adweek, a trade magazine, said Orman is a “hypocrite.

Suze Orman claims to give uncorrupted advice, yet she's being paid by one of America's largest corporations to flog its brands,” she said. “It's a complete conflict of interest.”

Orman dismisses such criticism as sour grapes.

They hate Suze Orman and love to bash me because they're so jealous of my success,” she said. “They just cannot understand how it is that I've sold millions of copies of books, I won an Emmy Award this year, my show on CNBC is the highest-rated show on weekends. How is any of that possible? They hate me because I tell people the truth.”

As a certified financial planner, Orman is required by the Certified Financial Planner Board of Standards, a private industry regulatory body, to disclose her sources of income to clients. That rule applies to one-on-one paid consultations, but not TV shows. Asked why she doesn't offer a similar disclosure to her viewers, Orman said: “I'll tell you the sources of my income—everything I do is a source of income to me.”

There it is: “I'll tell you the sources of my income—everything I do is a source of income to me.” You can’t say Orman didn’t warn everyone that everything she does is a source of income to her.

Although the Chicago Tribune described Orman as having a CFP certification, she had let any credentials lapse before their 2004 article, and apparently hasn’t had a single financial credential for over a decade.

Suze Orman doesn’t have to follow ethical rules required from accredited financial advisors, because she has no current credentials, and is nothing more than a celebrity. That was said while nearly every major television news and talk show personality was touting Suze Orman as a financial expert, wizard, and guru, including Senator Elizabeth Warren.

Suze Orman


This appearance on the topic of student debt had a big kerfuffle when one of the reporters asked Orman about being paid to lobby and record videos for the most predatory for-profit school out there. That exchange generated a Huffington Post article, “With Senator Warren Watching, Suze Orman Denies, Admits, Rationalizes Teaching at University of Phoenix.” (Link 2-2c)

Suze Orman not only was hired by the University of Phoenix to teach an online personal finance course, but also last year she appeared at a Capitol Hill event where she promoted the school. It’s difficult to understand how a person who proclaims herself “undeniably America’s most recognized expert on personal finance” could accept such a role when, for many people, enrolling at a for-profit college can be the worst financial decision they make in their entire lives.

More on Orman’s affiliation with the University of Phoenix coming up in this chapter. You’ll also find more on the Warren-Orman Politico sham in Chapter Seven, including video of what happened to bring this look:

Suze Orman

More from the Chicago Tribune article:

Three years ago, Orman briefly sold long-term care policies on QVC and her site. The fact that Orman earned a commission off sales and that the policies were underwritten by a division of General Electric, which owns CNBC, caused a squall of press criticism that led her to abandon the project.

Orman said such criticism is unfair. Why, she asked, does nobody question the motives of Meredith Vieira of “The View”—a show that Orman frequents when selling her books—for appearing in ads for Bayer aspirin?

Or put another way, how much integrity does a celebrity need?

Not much, apparently.

December 2012 brought the end of a full year of Suze Scams that included over one hundred articles from financial journalists top to bottom who finally spoke up to warn readers about Orman’s “Approved” prepaid debit card scam.

One might think someone caught with their hand in the cookie jar of poor and middle class Americans might hang low for a while, but not Suze Orman when there is a buck to be made.

In December 2012, Orman capped a long year of using the media to defraud United States citizens to make one more greedy cash grab for the holiday season.

This financial advisor, who has often told people not to buy even a cup of coffee, was paid big bucks to star in a campaign and urge consumers to consider buying a new Acura luxury car as a reasonable and smart investment for their financial lives, just as she had done years earlier in her widely criticized “Lock and Roll” campaign for GM, when she called buying a new Cadillac, “the smart money.”

Click here to watch Orman’s “Season of Reason” commercial, where she drives a car like a maniac while advising people to buy a new Acura: Link 2-3.

Suze Orman

Note how Orman drives the Acura car just as recklessly as she has driven the US economy and individual lives for the past fifteen years.

From “Suze Orman Thinks You Should Consider an Acura,” by Pound Foolish author Helaine Olen in Forbes: (Link 2-4)

In the spot, which began airing earlier this month, Orman, driving a brand new Acura TL, pulls up to a shopper eying a striking pink evening gown in a store window. “Hey girlfriend, get in,” the first lady of finance says, before taking her fan on a careening ride, all the while lecturing her to avoid an “emotional money mistake” like the dress and instead be “reasonable” and “spend smart.”

And what might qualify as “smart” spending? Well, if you guessed a $40,000 2013 Acura TL, you guessed right. When the commercial ends, we hear actor James Spader proclaim in a voiceover, “This holiday, listen to the voice of reason. Acura’s Season of Reason sales event.”

How a dress—which simply cannot cost more than several hundred dollar —is an “emotional money mistake” but purchasing a car costing tens of thousands of dollars is a smart and savvy financial move is never addressed.

Of course, buying a new car goes against the advice of most financial advisors, including Suze Orman, but if the company pays enough, Suze Orman's pseudo advice can be bought.

Disappointedly, this Acura “Season of Reason” ad even played during The Daily Show, which should have been exposing Suze Orman's plundering shenanigans to protect the public, rather than taking money and allowing Suze Orman to fill her pockets while advising Daily Show viewers that buying a new Acura is a good financial decision.

With Suze Orman's price for advice” schemes, if a corporation puts enough money into Orman's pockets, she will use her undeserved extreme clout as someone on the “most influential” lists of Time and Forbes magazines to say whatever the company wants her to say, fooling those who have been convinced by media supported shams to consider “financial expert” Suze Orman's advice as honest and trustworthy.

Another one of Orman’s predatory shenanigans was to sell her name and public trust to the University of Phoenix, a controversial for profit school with many complaints and a high default rate that is nearly double that of a public four-year school.

From David Halperin on the Huffington Post: “Suze Orman Teaching Personal Finance Class—At the University of Phoenix” (Link 2-5)

If you were teaching a course on how to manage personal finances, one of the best pieces of advice you could give is to avoid attending a for-profit college. A series of government and media investigations have exposed that signing up with a for-profit college could well be one of the worst financial decisions a person could make in his or her entire life. Many of these schools offer a toxic mix of ultra-expensive tuition, low-quality classes, high dropout rates, and poor job placement. As a result, they often leave students -- single parents, veterans, immigrants, and others struggling to earn a living -- without jobs and deep in debt from the loans they've taken out.

For-profit colleges have 13 percent of U.S. college students, but an astonishing 47 percent of student loan defaults. So why is Suze Orman -- who calls herself “undeniably America's most recognized expert on personal finance” -- teaching an online personal finance course at the University of Phoenix, the biggest of these controversial for-profit colleges?

Suze Orman

Around the same time, came announcements that the University of Phoenix was being investigated by the Federal Trade Commission in an example of government agencies going after Orman’s partners and sponsors, apparently deeming her to be untouchable because she has no credentials that would require her to be honest or act in the best interest of her clients. From CNN Money, “University of Phoenix is the latest college under investigation” (Link 2-6)

The struggling school is now facing a probe from the Federal Trade Commission. The agency is looking into whether the school engaged in deceptive marketing tactics, its parent company, Apollo Education Group (APOL), said Wednesday.

Ten years earlier, University of Phoenix was fined by the U.S. Department of Education for violating the rule banning pay incentives for recruiters in an effort to boost enrollment.

Wikipedia states that, “University of Phoenix students owe more than $35,000,000,000 in student loan debt, the most of any US college,” and notes that, “In 2016, stockholders of Apollo Education Group filed a class-action lawsuit against the corporation, arguing that the company withheld information that led to significant losses in stock prices. Several of the allegations are related to University of Phoenix's recruiting of military personnel and veterans.”

This wasn’t the first time Suze Orman used the military as part of her scams, nor would it be the last.

This next quote from another article by Halperin shows one example of how Orman’s political lobbyist publicity strategist uses politicians and other government agencies and officials to help Orman run her scams on the American public, in this case, getting Orman appearances with congress members on Capital Hill to lobby for this predatory for-profit school:

Suze Orman not only was hired by the University of Phoenix to teach an online personal finance course, but also last year she appeared at a Capitol Hill event where she promoted the school. It's difficult to understand how a person who proclaims herself “undeniably America's most recognized expert on personal finance” could accept such a role when, for many people, enrolling at a for-profit college can be the worst financial decision they make in their entire lives.

Suze Orman


Orman running her University of Phoenix shenanigans on Capital Hill

The University of Phoenix has received loads of complaints from students who ended up with huge student debts that cannot be discharged even through bankruptcy, with nothing to show for all their time and money. U of P has nearly all one-star reviews on the Consumer Affairs website.

Suze Orman

Two reviews right off the top of the page include this description by a University of Phoenix professor:

My experiences at the university as a professor and as a student have both been horrible. The university accepts students who cannot be successful, takes their money because this is only a business and not an institution of higher learning and pressures professors to pass students who cannot do the work. I quit teaching for that reason. As a student, the university did everything possible to make my experience horrible and to keep me taking class after class to complete a dissertation proposal. When I complained about the external reviewer, they assigned a new one who complained about everything approved by the previous reviewer. Do not go to this fake school or you will be sorry. They will take your money, you will waste your time, and you will get nothing out of it.

And this from a student:

My experience with this school has been a complete nightmare. They will tell you ANYTHING to get you enrolled into classes. I was lied to in so many ways. Being greatly deceived, I decided not to return to class after taking a Leave of Absence. This must have gotten under someone's skin because they Administratively Withdrew me then sent an email a week later demanding payment for Resource Fees. This was my second attempt to complete their MBA program so I honestly tried to give them a chance. This school is only concerned about making money and could care less about your success. Attending U of P was a waste of my time!

More reviews about this nightmare school here: Link 2-6a

As she often does, Orman set the stage for this corporate paid sham by praising the scandal ridden University of Phoenix in this obviously ghostwritten article titled, “Suze Orman: Redefine your child's 'dream school,’” that ran in USA Today in December, 2011: (Link 2-7)

Suze Orman

Suze Orman: Redefine your child's 'dream school'

By Suze Orman

Between the Greek debt crisis, the collapse of the congressional “supercommittee” and a ballooning budget deficit, it's hard to remember sometimes how much the average family is suffering. Perhaps the best example of that is a silent crisis that is taking place in America: the student debt crisis…

It's such a rampant problem that the new Consumer Financial Protection Bureau is working with the Department of Education to come up with a standardized one-page document that clearly spells out to every student and parent what it will cost to attend college. Fortunately, a few universities are realizing their duty to step up to the plate by themselves. The University of Phoenix, for example, makes all its students go through a free and mandatory three-week orientation course to make sure they understand the full costs of college before they sign on the dotted line.

This is an example of Orman’s common tactic of appearing to be protecting the public from exactly what she is doing to rip them off, just as she warned people about fee-laden prepaid debit cards as part of her fraudulent pitches for her even more predatory card.

The USA Today article came out soon before Orman announced the commencement of her new “class” at the University of Phoenix, and most likely around the time when she signed the deal and started putting out her “advice for a price” on their behalf. Note that Orman’s class consisted of videos of her reading words off a teleprompter, as she does in this enthusiastic pitch for the University of Phoenix: Link 2-7a

Gangster Suze's got it down to a formula, and the companies who use her shenanigans, as well as media outlets that served it up to the public, should all look at the damage they have contributed to creating for their audiences, for the economy, and for the world.

With all her pseudo care for the educational system, note that in her 2009 interview with the New York Times, Orman—who likes to brag that she never got above a “C” in a single college class and took many extra years to get a bachelor's degree in social work—showed her disrespect for doctors, universities, students, and teachers in one fell swoop: (Link 2-8)

Orman has strong opinions in general. She won’t speak before many doctors’ groups, because they get on her nerves (doctors always think they know better, she says). Until recently, she didn't like to speak at universities, because they generally don’t charge students to attend her lectures, and she says that people don’t value things they haven’t paid for.

She has been reluctant to work on school curricula on personal finance, because she says students can’t learn empowerment from people who aren't empowered, and teachers, she says, are too underpaid ever to have any real self-worth. She told me: “When you are somebody scared to death of your own life, how can you teach kids to be powerful? It’s not something in a book—it ain’t going to happen that way.” She once delivered pretty much the same message at an anniversary celebration of a private school—she seems to recall calling the school a “travesty”—and was all but escorted to the door when she was done.

Orman hasn't ever hid her almost complete lack of credentialsin fact, she gloats about conning the world into thinking she is an expert in something she barely studied. In nearly every talk for more than fifteen years, Orman has told the same “inspiring” story about how she barely made it through school to get a B.A. in social work after many years, never received above a “C” in ANY class, grew up in the South Side Chicago hood, lived in her van, and was working as a waitress for $400/month.

(Watch Orman gloat about her lack of credentials: Link 2-9)

Of course, it is intriguing and in a sense for some inspiring to see how someone with no credentials has made her dreams come true, until you realize that her impressive con artist skills placed her in a position where she had enough power over the economy and society to be named one of Time magazine's 100 most powerful people in the world in 2009 and 2010. Many of these honorees seem to be clients or "friends" of Hilary Rosen and SKDKnickerbocker, the corrupt lobbyists who hijacked the the Democratic Party and have caused untold damage to our country and world. In this clip from the Orman documentary film, you can see her and Senator Elizabeth Warren, another friend of SKDKnickerbocker, giggling like school girls in love as they remember meeting at the Time 100 event and realizing, "We like each other!" 


Orman was specifically nominated for the Time 100 honor by right wing corporate CEO Jack Welch and his wife Suzy, who wrote this ridiculous essay about why Orman deserved to have so much extreme influence. (Link 2-10)

Let me tell you what it's like to be named Suzy, no matter how you spell it. People expect you to be perky. “Suzy Sunshine” they call you, as if you might like it, or worse, “Suzy Cream Cheese.” People expect you to be frivolous, frothy and not particularly smart. They expect you to be, well, ordinary. Suze Orman, 57, is none of those things.

Take ordinary. Oh, please! Here is a woman who sleeps four hours a night because she thinks the world is too exciting to turn off. Here is a woman whose idea of relaxation is watching the surf in front of her Florida home while listening to stock-market reports.

Frivolous? Frothy? Again, no. Suze Orman can't let a stranger walk by — and I have seen this firsthand — without asking, “Do you have credit-card debt?” She needs to know so she can help. So she can change a life. And not later or a little bit. But now, profoundly. And as for not particularly smart — look, you do not become the personal financial adviser to the world by giving stupid advice.

Which leaves perky, and all right, maybe Suze Orman is perky. But she's perky with an edge. Her optimism comes from a belief that all of us have the power within us to improve how we save and spend our money and thus the power to forge lives that are better, fuller and richer in every way.

So call Suze Orman Suze if you must. Just know that her name hardly does her justice at all.

Welch is the author of 10-10-10, a guide to managing life decisions

Suze Orman


Here is Orman with her friend and supporter Jack Welch, previous chairman and CEO of General Electric, who you’ll see in our film claiming that, “Corporations are people.” Welch’s wife, Suzy, is the one who nominated Suze Orman to be named one of the one hundred most influential people in the world by Time magazine.


Suze Orman


Corporate CEO and republican candidate Steve Forbes has also shown quite a protective penchant for Suze Orman, including posting this photo of their meeting when Forbes’ daughter was trying to rehabilitate Orman’s reputation after she had been eviscerated by the press for running a fraudulent prepaid debit card scam on the American people.

Suze Orman

Forbes magazine has published many shill pieces on Orman, including her headline blast that, “The American Dream is Dead.” They also hosted one of the only positive articles about Orman’s predatory “Approved” card, titled, “You Suze Don’t Lose: Approval for the Approved Card.”

Just a year after more than one hundred journalists had warned their readers about Orman's prepaid debit card scam, with many assuming her career was over, Forbes declared Suze Orman the ninth most influential celebrity in the world for 2013. I don’t know about their behind-the-scenes liaisons, but it certainly looked like a corporation trying to rehabilitate that busted con artist’s reputation.

Suze Orman

As a side note, in our film, you can watch Barbara Walters hosting Orman’s prepaid debit card scam on The View, with a truly bizarre snake oil conversation that even a first year reporter could have seen as the fraud it was, much less a seasoned journalist such as Barbara Walters.

Moira Forbes’ interview took place in 2012, after Orman had already been called out and eviscerated by the entire financial journalist community for running an obvious prepaid card scam on the American public. The whole interview is worth watching for it’s many narcissistic and deceptive moments. Orman wants a new credit scoring system that she doesn’t detail beyond counting her prepaid card, and she wants it to be called the “S.O. score” in her honor. She calls the “Approved” prepaid debit card the most important thing she’s ever done, a line Orman uses for nearly all of her products and schemes.

Orman also tells Forbes that this prepaid debit card is her “last stand” (though certainly not her “last scam”) before her planned retirement from the financial business in 2015, which would come to bring a whole lot more scams and shams. Watch the interview: Link 2-11.

Note the extreme deference paid to Orman by Forbes, daughter of Orman supporter Steve Forbes. Why would right wing corporate heads take such care to put left wing con artist Suze Orman on a pedestal of extreme influence and continually protect her from justice and public revelations about her financial crimes?

Orman’s FICO Shenanigans

FICO (Fair Isaac Corporation) has had its finger in the Suze Orman pie for two decades, with many examples of Orman’s usual high-school level games of, “You scratch my back and I'll scratch yours.”

Suze Orman

In a sense, Orman put Fair Isaac on the public consciousness map by exuberantly pushing FICO scores as the most important issue for everyone’s financial lives. Orman has pushed FICO products for the past two decades, aside from the time she took some revenge pot shots at them for not being complicit enough in covering up her “Approved” card scam.

FICO is clearly indebted to Orman for using her Oprah-bestowed, undeserved clout to put them on the map, which may be why they let her fool and steal from the public by deceptively using their name to pitch her “Approved” prepaid debit card scam—something FICO would surely have sued anyone else for doing.

In a 2005 press release, FICO proudly announced that Orman's pitches had taken them “from a one-product experiment in consumer education,” to selling tens of millions of FICO scores in four years.

I don’t have documentation for this, but have heard that Orman got her usual deal percentage of 50% from FICO for each fifty-dollar kit. If so, that would add up to tens of millions of dollars into Orman’s pockets in just those four years. (Link 2-12)

Suze Orman


Fair Isaac Corporation (NYSE:FIC), pioneer of the FICO(R) credit score used by most lenders to evaluate consumer credit risk, today announced that its myFICO(R) consumer division and its partners have sold the 10 millionth FICO score to U.S. consumers. The milestone coincides with the fourth anniversary of

In four short years, has grown from a one-product experiment in consumer education to become the most trusted source in the country for people wanting to learn their real credit rating and the kinds of actions they can take to improve it over time,” said Cheri St. John, vice president of Global Scoring and Consumer Solutions for Fair Isaac. “As a consumer destination, is unmatched in the industry for the product innovation, educational tools and information it provides.”

As an example, St. John cited Suze Orman's FICO(R) Kit, the industry's first collaboration with a celebrity financial expert to provide consumers with personalized information to help them understand what they can do to improve their credit standing and potential over time.

That little three digit number -- your FICO score -- is the most important number you have when it comes to your financial future,” said Suze Orman, Emmy award-winning talk show host and author of The New York Times best-seller, The Money Book for the Young, Fabulous & Broke. “Just about every financial move you make for the rest of your life will be somehow linked to your FICO score. Knowing and improving your FICO score is the most important way to make more out of your money.”

Orman’s coffers got a huge windfall from her deal with FICO, including their obvious reluctance years later to call Orman out on her blatantly fraudulent claims in 2012 that buying her crummy, fee-laden Approved prepaid card could be expected to improve users’ FICO scores. (Watch video of Orman perpetrating her fraud on college students, specifically lying and saying that FICO was on board with her schemeLink 2-13)

In the Twitter messages at this link, you can see examples of poor and middle class citizens who were fooled by Orman’s prepaid card fraud and conned into scamming their friends and family with false FICO claims on her behalf: Link 2-14.

2012 put FICO in a pickle, with their golden girl spreading lies about them having interest in using her “Approved” card to improve users’ FICO scores, and hundreds of articles warning people about Orman's prepaid card scam. Journalists wanted to know what Fair Isaac had to say.

FICO clarified the truth as gently as they could without getting their queen scammer upset. They gave this single response to only one journalist of the many who were questioning Orman's obviously deceptive pitches. Why FICO is not interested, from the Baltimore Sun: Link 2-15

FICO, which produces a widely used credit score, also questions the value of the information.

Spokesman Anthony A. Sprauve wrote in an email that FICO considers only credit history information on reports from the major bureaus—and spending on prepaid cards isn't part of that.

In our experience, spending is not actually a great indicator of the thing that the FICO score tries to measure, which is the likelihood you're going to default on a credit bill,” he said.

When FICO didn't back up Orman’s prepaid debit card scam by staying completely silent or playing along like TransUnion did, Orman went into her “Mean Girls” modus operandi of trying to destroy them.

When FICO didn't fully get on board to fully support Orman's fraudulent pitch throughout the media landscape that fooled people into thinking that her “Approved” card would improve their FICO scores, Orman turned against the company that has paid her tens of millions of dollars thus far. Seriously, they could hardly have done less to save victims of her fraud than they did by issuing one fairly mild statement to only one journalist. I guess she wanted them to outright lie for her.

During the Money2020 conference in October 2013, Orman used attendees as pawns to spread her revenge against FICO. It is just one documented example of Orman’s spiteful nature.

Suze Orman

This Money2020 conference event took place while Orman was still pushing her “Approved” card scam, in spite of mountains of bad press. At the same event, Orman used her usual tactic of sounding as though she is altruistically against exactly what she herself was doing:

Suze Orman

At this link, you can watch an interview titled, “Suze Orman's Snake Oil Schemes” with journalist David Shuster and Helaine Olen, two of very who have spoken up about Orman’s snake oil schemes: Link 2-16

Suze Orman

Once political lobbyist Hilary Rosen and SKDK started representing Orman, her scams hit new levels. I had never heard of Hilary Rosen previously. You may have seen her on CNN during the 2016 election cycle as a democratic strategist for Hillary Clinton and the DNC, whose controversial head, Debbie Wasserman-Schultz, Rosen calls, “a friend.”

Wasserman-Schultz has paid Rosen and SKDK hundreds of thousands of dollars, and many of the dirty tactics the DNC used to push Bernie Sanders out of the race had Rosen’s fingerprints all over them.

When I saw those dirty tricks—including deceptive headlines intended to paint Sanders as anti-woman and portray his supporters as violent, insisting on holding only a few debates at times when the fewest people would be watching, and voters who would be likely to vote for Sanders being disenfranchised—it all rang very familiar after these years of watching the scams, shams, and shenanigans of Suze Orman and her “Cabal.”

Even Senator Warren’s insulting Twitter retorts to Donald Trump sounded very much like the style of communications I’ve seen come from Rosen toward government officials and others who didn’t agree with her politics or go along with her wishes.

Rosen brings big advertising dollars to CNN from her clients, and CNN repays her in various ways, including giving Rosen’s clients free reign to scam CNN viewers, as they did while hosting Suze Orman’s blatantly fraudulent pitches for her ridiculous prepaid card on many of their most popular news shows, as though Orman’s predatory low end financial product that is on the level of those payday loans that Wasserman-Schultz has been criticized for supporting would be a worthy news story. CNN also used deceptive headlines to pitch Orman’s scam, including the blatantly false headline: “Prepaid debit card to help credit score.”

Suze Orman

As someone who generally aligns with democratic principles and who donated my time and skills to co-produce, script, and edit a documentary video titled, “Real People, Real Healthcare Needs,” with President Obama’s Organizing For America in 2009 to support his healthcare initiatives, I am far more concerned about the corruption this exploration has revealed in the democratic party than in the significant issues taking place on the “other side.” One reason I have rushed this book through is with the intention of inspiring the democratic party and media field to clean up the Rosen-related corruption now, rather than later.

Nobody who helped Suze Orman scam the poor and middle class with a misinformation campaign of blatant fraud that you’ll see detailed in Chapter Five could possibly have the best interests of our country and the American people in mind.

It was a good sign in June 2016 to see candidate Hillary Clinton somewhat replace the DNC chairperson with someone who looks a whole lot cleaner, but the rats’ nest is still there. Let’s take that start and keep going to clean out the “rats in the attic” from both the democratic and republican parties. Clinton and Warren would be better off speaking about their vision with integrity, rather than allowing Rosen and others to turn the United States presidential campaign into a barroom brawl.

Numerous articles have criticized Rosen for being paid big bucks by BP Oil as a crisis management consultant to make the public all but forget about BP’s gulf oil spill, and to lobby politicians so they would easy on BP and not create new regulations that might cost BP Oil some of their massive profits while helping to preserve our planet earth. This effort included a big ad campaign painting BP in a favorable light for all the good they were doing in the community they had devastated—ads that were often hosted by Rosen’s pals at CNN.

Here are some interesting points about this Orman cabal partner and democratic strategist in an article titled, “The Real Hilary Rosen Scandal,” published by The Nation: (Link 2-17)

Suze Orman

From the article:

We've compiled a partial list of SKDKnickerbocker’s clients. Since the firm refuses to register as an ordinary lobbying firm, we don’t know their full roster of clients:

  • SKDKnickerbocker was hired by Kaplan Education to block Obama’s reforms on for-profit college companies, an industry plagued by low quality education, false promises to students, and fraudulent business practices. (Note the connection between this SKDK client and Orman’s troubling association with the University of Phoenix.)
  • SKDKnickerbocker was hired to push for billions in tax breaks for already profitable corporations. As Bloomberg reported, SKDKnickerbocker manages a lobbying campaign called “Win America,” an effort by companies like Google and Pfizer to receive hundreds of billions in tax breaks on profits made overseas.
  • SKDKnickerbocker was hired by a coalition of food manufacturers to fight the Obama administration’s proposals on food nutrition standards. As the Washington Post reported, the firms paying Dunn (SKDK) include General Mills and PepsiCo.

None of those questionable associations apparently bothered Rosen pal Arianna Huffington, who has also hosted many of Orman’s scams and shenanigans on Huffington Post, including a long personal interview where con artist Suze Orman exuded snake oil from every pore about her “Approved” card, while Arianna Huffington nodded foolishly.

This video clip from that interview shows Huffington looking on with a blank stare as Orman calls her predatory prepaid deal with MasterCard a “grassroots project” that will make America great again: Link 2-17a

Suze Orman

Huffington did, however, suspend Hilary Rosen from her usual access to Huffington Post for a time, when Rosen crossed the line and was being paid millions to cover up BP’s oil spill in the press, to lobby to protect BP Oil from repercussions and regulations, and to remove the gulf oil spill from the public consciousness.

From “HuffPost cuts ties with BP consultant Rosen” from Politico: (Link 2-17b)

The liberal news site Huffington Post has cut ties with its former Washington Editor at Large, Hilary Rosen, because of Rosen's new role as a consultant for the embattled oil company British Petroleum.

Rosen, a Washington figure and former chief music industry lobbyist, now heads the Washington office of the Brunswick Group, which is part of a phalanx of lobbying and communications firms retained by BP to battle Congressional and Administrative retribution and new regulation for its massive Gulf oil spill.

Hilary is no longer our Washington Editor at Large, a mutual decision we recently reached given her involvement with BP,” wrote Arianna Huffington in an email today, responding to a query from POLITICO. “However, we still have a great personal relationship. And, of course, Hilary’s work with BP has had zero effect on our coverage of the company or the disaster in the gulf. Comprehensive and hard-hitting, our coverage speaks for itself.”

Don’t worry about BP Oil though, they had plenty of money to pay Rosen, while using prison labor instead of displaced workers who needed jobs to clean the spill, according to this article in US Uncut, titled, “These 7 Household Names Make a Killing Off of the Prison-Industrial Complex”: (Link 2-17c)

When BP spilled 4.2 million barrels of oil into the Gulf coast, the company sent a workforce of almost exclusively African-American inmates to clean up the toxic spill, while community members, many of whom were out-of-work fishermen, struggled to make ends meet. BP’s decision to use prisoners instead of hiring displaced workers outraged the Gulf community, but the oil company did nothing to reconcile the situation.

If you didn’t previously hear about this disgusting greed in the face of BP Oil’s own disaster, you have Hilary Rosen and her crew to thank for covering it up with many commercials, including ones that played on Rosen’s often-complicit channel, CNN, celebrating how beneficial and helpful BP Oil was to the local people.

Rob Copeland from the Wall Street Journal laughed about Rosen saying her help in moving controversial company Herbalife to the Cayman Islands was not related to the fact that the move would allow the U.S. company to avoid paying taxes:

Suze Orman

Gay publication QUEERTY outed one of their own when they published the article: “Power Lez Hilary Rosen Is Helping BP Confuse the Public About Oil Devastation”: Link 2-17d

Suze Orman


From the article:

Just who is BP looking toward to help spin its way out of the Gulf oil spill crisis? None other than former HRC and RIAA head Hilary Rosen, one-half the lesbian power couple with Randi Weingarten.

BP has spent some $625 million in the past six years lobbying D.C. to keep oil regulation lax. And it’s found room in its budget to send some cash into gay pockets, relays WSJ.

After the spill, the company brought on crisis communicator Hilary Rosen, former Democratic congressional staffer, former chief executive of the Recording Industry Association of America, and a current editor-at-large for Ms. Rosen heads the Washington-based office of U.K. communications firm the Brunswick Group. Public records are not yet available on the new Brunswick contract. Ms. Rosen declined to be interviewed on the record.

It’s unclear what Rosen’s role with BP is, but undoubtedly it’s to use whatever pull she has in Washington (and that’s up for debate), working in tandem with BP’s lobbyists, to keep lawmakers from tightening off-shore drilling rules. That, and seed stories to the media that highlight any single positive thing BP is doing to control the spill.

More of Rosen’s background from Wikipedia:

(Hilary Rosen) presided over the RIAA during the period of when the rise of the Internet notably conflicted with the established recording industry interests. She was paid to lobby the US legislature and was a regular presence on behalf of her employers in the recording industry at a time against proponents of file sharing and new Internet technologies.

During her tenure the RIAA filed lawsuits against early peer-to-peer file-sharing communities including Napster, Audiogalaxy, and Grokster. The organization lobbied the US Congress to pass controversial legislation supporting Recording Industry interests, such as the Digital Millennium Copyright Act, the Record Rental Act, and numerous trade treaties (see Societal views on intellectual property)…

In 2002, Rosen began to argue that the recording industry should begin even more aggressive tactics aimed at individual citizens engaged in file sharing. The content industry, already facing an anti-copyright backlash, opted against Rosen's approach…

Next comes an important admission from this democratic party’s “Koch sister” fundraiser and procurer of massive contributions:

In 2010, Rosen gave an interview and spoke candidly on her career:

When I gave $1,000 or $2,000 to a lawmaker, I wanted him to listen to my business proposition. And when I helped organize an event that raised $50,000 or $100,000, you bet I expected their vote. Why else do it?”

Why else do it? Maybe to serve our country and help the best person to win? You can bet Rosen had many motives for making sure Bernie Sanders never came anywhere close to getting the 2016 democratic nomination.

Regarding Rosen’s activities as a political lobbyist, Wikipedia adds:

White House visitor logs list 35 instances where a “Hilary Rosen” visited the White House. In 2009, the AP reported that Rosen was present at a White House meeting between health care industry lobbyists and senior White House strategists. In 2012, the Wall Street Journal reported that Rosen was consulting with DNC Chair Debbie Wasserman Schultz.

Rosen attended the March 2012 White House state dinner with her client John Kelly of Microsoft. Rosen supported the Stop Online Piracy Act. In April 2012, The Nation's journalist Lee Fang penned an article entitled “The Real Hilary Rosen Scandal” in which Rosen's firm is described as “an unregistered lobbying firm that has become one of the biggest names in the influence business by using its ties to President Obama and leaders in Congress.” An unnamed senior Democrat was quoted as saying: “It’s an open secret in the Dem consultant community that [Rosen's firm] has been signing up clients based on ‘perceived White House access’ tied to prior relationships and employment.”

Suze Orman

Of course, Rosen got Orman into the White House:

Suze Orman

I’m sure when President Obama entertained Rosen’s request to take a photo with con artist Suze Orman, he never imagined they would use the photo to insinuate that Orman is one of his financial advisors while setting up other countries to run her prepaid card scam, but that’s what they did.

Suze Orman


Listen up Australia, America’s darling of family finances is in the country with a very clear money message

Suze Orman went from being a broke 30-something waitress to an expert on household budgets with the ear of everyone from blue collar Americans to the President.

This is the same Hilary Rosen who received a large wave of criticism from republicans and democrats alike in 2012, after stating a presidential candidate’s wife had never worked a day in her life, even though she had brought up five sons while stricken with muscular dystrophy.

These “mean girls” with far too much power are not a compassionate lot—this Orman/Rosen cabal, who set up a gold pump and dump that plundered retirement accounts, and a prepaid debit card scam that stole from the poor middle class. Rosen’s fracas with Ann Romney was a rare time when journalists paid attention to what Rosen, the democratic party’s “Koch sister,” was doing, and what she had previously done.

DNC chairwoman Wasserman Schultz has poured money into Hilary Rosen's coffers for years, including a six-figure payment during just one cycle in 2012.

From the Daily Mail in 2012: (Link 2-17e)

Oh and then there was a person called Debbie Wasserman Schultz, who just happens to be chair of the Democratic National Committee. And as chance would have it was advised by, er, Hilary Rosen.

Rosen does not represent the Obama campaign, a Romney adviser Eric Fehrnstrom and former First Lady Barbara Bush have claimed. But she has visited the White House at least 35 times since Barack Obama became president and her firm SKDKnickerbocker (what a comically Washington name) has been paid $120,864 by the DNC this cycle alone.

Among the people she met in the White House have been President Obama, Michelle Obama, and inner circle aides David Axelrod (now chief campaign strategist) and Valerie Jarrett.

The DNC says that the contract with SKDKnickerbocker was exclusively for the services of Anita Dunn, former Obama communications chief in the White House (and who also advised David Cameron during the 2010 UK election). Well, we haven't seen the contract and the Rosen's work for Wasserman Schultz means this hardly passes the smell test.

I couldn’t help but wonder how much the DNC may have paid Rosen in 2016 to strategize against Bernie Sanders and coronate Hillary Clinton, with tactics that included announcing that Clinton won the race with big headlines the day before big primaries, including California. It appears the DNC’s strategists decided it would be worth losing some Clinton voters who might respond by staying home, because nothing would hurt the Bernie Sanders campaign more than a low voter turnout.

From Politico, “Democrats turn on Debbie Wasserman Schultz”:

Public relations firm SKDKnickerbocker also has a large contract with the DNC through which consultant Hilary Rosen works directly with Wasserman Schultz, though Rosen says she does so only as “a friend.”

This interesting tidbit shows Rosen’s buddy Wasserman-Schultz in convoluted, Suze Ormanesque entitlements and shenanigans:

In 2012, Wasserman Schultz attempted to get the DNC to pay for her clothing at the Democratic National Convention in Charlotte, multiple sources say, but was blocked by staff in the committee’s Capitol Hill headquarters and at President Barack Obama’s reelection campaign headquarters in Chicago.

She asked again around Obama’s inauguration in 2013, pushing so hard that Obama senior adviser — and one-time Wasserman Schultz booster — Valerie Jarrett had to call her directly to get her to stop. (Jarrett said she does not recall that conversation.) One more time, according to independent sources with direct knowledge of the conversations, she tried again, asking for the DNC to buy clothing for the 2013 White House Correspondents’ Dinner.

Wasserman Schultz denies that she ever tried to get the DNC to pick up her clothing tab. “I think that would be a totally inappropriate use of DNC funds,” she said in a statement. “I never asked someone to do that for me, I would hope that no one would seek that on my behalf, and I’m not aware that anyone did.”

Tracie Pough, Wasserman Schultz’s chief of staff at the DNC and her congressional office, was also involved in making inquiries about buying the clothing, according to sources. Pough denies making, directing or being aware of any inquiries.

But sources with knowledge of the discussions say Wasserman Schultz’s efforts couldn’t have been clearer. “She felt firmly that it should happen,” said a then-DNC staffer of the clothing request. “Even after it was explained that it couldn’t, she remained indignant.”

The New York Daily News offered other observations of the DNC and SKDK’s dirty strategies in, “Hillary Clinton’s dream debate is one nobody watches”: Link 2-17f

Busy Saturday night? Probably, what with the NCAA bowl games, the Jets’ must-win battle in Dallas and opening weekend for “Star Wars: The Force Awakens.” So you’ll skip the Democratic presidential debate — just as Hillary Clinton hoped.

Long, long ago, Clinton set out to ensure she wouldn’t be robbed of the nomination by some interloper, the way she lost to Barack Obama in 2008.

The party’s power-brokers played along, handing the Democratic National Committee to Rep. Debbie Wasserman Schultz, a co-chair of Clinton’s ’08 campaign. Fix, in.

And so the DNC did its best to see nobody would watch the debates, lest voters dare think for themselves. Tomorrow’s is the second in a row on a Saturday night — easily the worst evening for TV viewership.

Over on the Republican side, they’ve delivered the three largest audiences ever for prez-primary debates. And seven more Republican debates are ahead; the Democrats have just three after Saturday.

The saddest thing about this “shield Hillary” approach is that it robs Democrats of a fair primary fight. Yes, it’s hard to see how socialist dinosaur Bernie Sanders or lightweight prettyboy Martin O’Malley is going to beat her — but they could at least push her to stand up for the party’s principles. (Assuming it still has some.)

Worst of all is the message this sends about the front-runner: Namely, that the last thing her supporters want is for the American public to hear what she has to say.

Some political commentators have suggested that the “cabal” made sure other candidates, including Joe Biden, didn’t even run for president. I don’t know if that was the case, but Rosen has certainly shown a history of threatening and bullying those who don’t do exactly what she wants them to do.

In the next Twitter posts, the recipient of Rosen’s threat was New York City mayor Bill deBlasio, who hadn’t endorsed Rosen's client quickly enough for her and became a target of Rosen’s bullying, with Rosen threatening, “Bill deBlasio’s self aggrandizing on Meet the Press at Hillary Clinton’s expense won’t go unnoticed.” DeBlasio soon after got on board and saved himself from whatever dire fate Rosen was threatening.

Suze Orman

At this link, Rosen threatens a congressmen who was not going to vote the way she wanted him to, saying, “You have lost your credibility before you even cast a vote. I think your career is over”: Link 2-18  Isn’t this a little too much power for someone who has demonstrated low integrity? The congressman changed his vote to suit Rosen’s wishes.

Rosen even threatened Caitlyn Jenner in the “Orman/Rosen cabal’s” high-school “mean girls” style, for not bowing down to her client! What a bully, with way too much power in our country, the world, and the democratic party.

Suze Orman

Once Rosen and SKDK began representing Suze Orman, their job was to protect her from justice for her scams, to help her create big headlines that would increase her public influence, to sell that influence to corporations, and to get Orman deals with and effusive praise by government agencies and lawmakers from the head of the FDIC to Senator Elizabeth Warren, to the Secretary of the Army.

Rosen’s strategies of making the government complicit in the Suze Orman juggernaut has thus far kept Orman free from proper investigation and justice for her fraudulent crimes.

In 2008, Orman’s political lobbyist PR firm got her booked as the face of the FDIC on billboards and in commercials—talk about a serious conflict of interest to use this scammer as a representation of trust, and to use the government to give false faith in a con artist.

Suze Orman

A year after Rosen got Orman this gig as the face of the FDIC is when Suze Orman was first named as one of Time magazine’s one hundred most influential people in the world, along with another receiver of Rosen’s political lobbyist and media broker clout, Elizabeth Warren, who at the time was still a law professor. Rosen sure knows how to work the system to trade her real commodities: public influence, political power, and corporate money. One commenter on Bloomberg shared this:

Suze Orman

Suze Orman

In 2016, the Department of Labor finally made a big conflict of interest ruling on retirement investment advice, insisting that financial advisors must give advice that is in the best interest of their clients.

Suze Orman

I was so happy to hear this ruling was coming. Finally, a government agency was going to put in place a ruling that would keep predators like Suze Orman from defrauding people and giving advice that would harm her clients, while filling her pockets.

Suze Orman


Imagine my surprise to see that Secretary of Labor Tom Perez literally added to that major legal government document a paragraph that specifically, by name, excused Suze Orman from being bound by any of their rules!

According to Perez, Orman’s business was not financial advice, but part of the “entertainment industry,” and is therefore exempt from any rules and regulations. This, while Orman was still selling her trust and will kits and giving all kinds of good, bad, and corrupted financial advice to millions, far beyond just speaking on a television show as part of the entertainment industry or even meeting one-on-one with clients. If the purpose of the ruling was to protect the public, they really missed the ball.

The paragraph that was actually inserted into the United States law specifically declared that Suze Orman (with Jim Cramer and Dave Ramsey tossed in to not make her exemption stand out as much) was not a financial advisor after all. One can imagine it may have taken some high-level work from Orman’s political lobbyist strategist to wrangle this one. This, from a legal decree of the United States Department of Labor: (Link 2-19)

Commenters specifically raised the issue of whether on-air personalities like Dave Ramsey, Jim Cramer, or Suze Orman would be treated as fiduciary investment advisers based on their broadcast communications. The concern is unfounded. With respect to media personalities, the rule is focused on ensuring that paid investment professionals make recommendations that are in the best interest of retirement investors, not on regulating journalism or the entertainment industry.”

Someone needs to tell those millions who have lost their money from following  "trusted" financial “expert,” “guru,” “wizard” Suze Orman’s widely-touted, tainted, corporate sponsored advice that they must have missed the disclaimers that said, “For Entertainment Purposes Only.”

Orman praised the Secretary of Labor, thrilled that they left her out of their ethics rules, and Labor Secretary Tom Perez gave con artist Orman, who had already plundered the poor and middle class with many, some seriously undeserved props. Check out Orman’s chutzpah and the Labor Secretary’s complicity:

Suze Orman

Suze Orman

In June 2016, Perez was (repaid?) with the honor of being named fourth on a list of possible vice presidential running mates for Hilary Rosen’s and her friend Wasserman-Schultz’s client, Hillary Clinton: (Link 2-19a)

Suze Orman

No worries about being unknown, Thomas Perez. Hilary Rosen and SKDK specialize in getting people to hear of you and increasing your public and political influence. Just ask Senator Warren and others who have improperly supported Suze Orman, while their influence ratings were seriously pumped up by Hilary Rosen and the “Orman Cabal.”

Intriguingly, as you'll see in the link above, the Washington Post, one of Hilary Rosen's major shill "fake news" outlets, simply removed Perez's spot from the countdown in their article after its purpose was served.

This story about you being one of President Clinton’s vice president picks looks like perhaps a first step in repaying you for excluding Suze Orman from the Department of Labor’s ruling, so she can scam on unencumbered by pesky rules and regulations.

I certainly agree with Credit Union expert Ondine Irving:

Suze Orman

An article from the Financial Planning Association of Minnesota explains why Suze Orman absolutely should not have been exempted from the DOL ruling. It must be terribly upsetting to be teaching financial professionals strict codes of ethics, such as integrity, objectivity, competence, fairness, confidentiality, and professionalism, and to have business from those trained, educated, and certified professionals be diverted to an uneducated, unprofessional, incompetent, unobjective, non-diligent, and unfair con artist like Suze Orman. (Link 2-19b)

For years now, I – like many others - have listened to the likes of Suze Orman, Dave Ramsey, Jim Cramer, etc. And like many of you I suspect, I have gasped at some of the advice I’ve heard dispensed thinking, “They can’t say that! They don’t know anything about the client!”. So when the Fiduciary Rule was in its infancy and there was discussion of restrictions on radio and TV personalities, I thought – good, about time. Not so fast…

The DOL has concluded that Suze (Jim, Dave, etc.) is not a fiduciary, hence not held to fiduciary standards. However, in closing my thought is - If you don’t want to be a fiduciary and you don’t want to be responsible for your investment advice, don’t give investment advice…

Under the Regulation, you are providing investment advice if you: provide to an IRA owner a recommendation regarding: (among other things) the management of securities or other investment property, including:- investment policies or strategies;- portfolio composition;

How many times have I heard (Orman) discuss portfolio strategy and allocation…? "A communication that, based on its content, context, and presentation would reasonably be viewed as a suggestion that the advice recipient engage in or refrain from taking a particular course of action." Or one that, “appears that a recommendation is one that would reasonably be an encouragement to act.”

During the same time that the United States Department of Labor specifically declared Suze Orman to be free from any regulations, since she’s not really a financial advisor, Orman callously used the death of musician Prince to drum up more business for her financial advice kits.

Suze Orman

Based on the low level grammar and punctuation in that tasteless post, I would guess Orman wrote it herself. One financial journalist re-posted Orman’s “Prince’s death” sales pitch and pointed out that Orman’s will and trust kit goes even beyond violating protocol or financial ethics, and is, in fact, an example of practicing law without a license.

Suze Orman

Not only does Suze Orman not have a law license; she doesn’t even have a single current accreditation as a financial advisor. But does most of the public know that? Nope. They’ve been told again and again by influential journalists that Suze Orman is a financial guru, expert, and wizard, instead of the truth that she’s an expert wizard scammer, with a few bits of often ghostwritten general finance information on top.

When Orman’s prepaid debit card finally showed her true colors to finance journalists top to bottom, PR protector Hilary Rosen went into high gear. Rosen is also a gay rights activist whose ex-partner was the president of the Human Rights Campaign, an organization pushing for LGBT rights. She has been known to threaten the careers of those who don’t vote or act according to her wishes.

Rosen used that connection to create another publicity strategy that would use the Supreme Court’s expected overturning of the Defense of Marriage Act to deflect attention from Orman being caught trying to defraud the public, and rebrand Suze as, not so much a financial advisor, but a gay rights activist. I could see their set-ups enough to guess the ending.

Here is Hilary Rosen's tweet, giving Orman credit immediately after the Supreme Court overturned DOMA, just as I expected she would:

Suze Orman

Two days after the Supreme Court struck down DOMA, a pre-conducted “gay activist Suze Orman” interview appeared on Huffington Post, titled, “Suze Orman Talks Gay Pride, Giving Advice to Gay Teens, and Her Love for Ellen.”

Do you remember your first Pride event?

Obviously in San Francisco, back in the early ‘70s, the dykes on bikes and thinking, Wow! This is the greatest thing I’ve ever been to, and looking forward to that June 25th date or whatever it was every year and just loving it.

Clearly the idea of Orman’s PR team was to connect Orman with a beloved gay woman such as Ellen DeGeneres, although I've heard that Ellen is not much of a Suze Orman fan, after having her on the Ellen Show once when Orman was rude and condescending to DeGeneres’s audience.

After the first edition of my film, “How Suze Orman SCAMMED the World” started raking up views and supportive articles in financial journals, some of Orman’s previous enablers seemed to fall away: CNBC removed Orman from their line-up, QVC sent her on her way, and her column disappeared from O Magazine.

Nevertheless the Hilary Rosen campaign to push Orman into greater public influence continued, including bringing her to big political events, such as the 2016 White House Correspondent’s dinner, of course seated at the CNN table.

Suze Orman

Suze Orman

A year earlier, CNN had hosted Orman’s blasting of another Rosen/SKDK headline that could have had several possible intended purposes for their political and media manipulations.

John King came on to CNN’s morning show with the breaking news that “Suze Orman wants Elizabeth Warren as President, Not Hillary Clinton!” Note that two years before that, King had hosted a disturbing segment about Orman’s “Approved” card scam with the blatantly false headline: “Prepaid debit card to help credit score.” Now, he was back to serve up the gang’s latest headline.

Suze Orman

If we were to play, “guess the scam,” this new headline that “financial guru” Suze Orman didn’t want Hillary Clinton to be president was perhaps meant to increase Senator Warren’s influence, right around the same time Warren’s book, A Fighting Chance, was coming out, perhaps being publicized by Rosen and SKDK. At the same time, Rosen was one of the main people behind the “Run Warren Run” movement that certainly pumped up Warren’s standing and influence at the same time her CFPB should have been prosecuting Orman for prepaid card fraud.

Another likely possibility is that Rosen was building complicit Senator Warren up to play the role of opponent in Hillary Clinton's presidential primary, with the end goal of having Warren as Clinton's vice president and moving on up from there. Bernie Sanders got in the way of that possible scenario.

Suze Orman

Or perhaps this headline was meant to encourage Hillary Clinton to give Rosen some benefit, such as feeling she would need to hire Rosen and SKDK as strategists for her campaign.Watch the CNN clip where Orman doesn’t give a single reason why she supports Senator Warren, beyond "liking her": Link 2-20

As you’ll see in the linked clip, Chris Cuomo had too much integrity and intelligence to play along, and said, “Then we’ll have better people than Suze Orman to use as our basis for political discussion.”

John King replied, “Ouch!”

Cuomo continued, “Come on, since when is she a kingmaker?

Suze Orman? She’s going to tell us who the candidate is?”

John King: “I’m taking a pass on that one.”

Finally, Chris Cuomo said it as it is, “Come on. You don’t want to take on the Orman cabal, huh? Good for you John, safe move, safe move.”

Go Chris Cuomo!

In the next clip from our film, you’ll see how Orman and Warren really really “like each other,” in a very strange opening to their appearance together on Politico’s stage to discuss the topic of student debt, while Orman was being paid big bucks by the most predatory for profit school out there: Link 2-21.

Unfortunately, many who know more about Orman’s scams and shams signed her ironclad confidentiality agreements.

Perhaps one day a legal investigation of Orman’s scams will open the door for many Orman associates to finally add their pieces of the puzzle and help stop the damage. Maybe government agencies could start by interviewing these two:

Suze Orman

Proper legal justice would open the door for many bound by Orman’s agreements to share information from their associations with the scammer. Isn’t it about time to clean this up?



Go to Chapter Three:

"Trumping Up Her Bank Account with a Gold “Pump and Dump” Scheme"




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