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As a student at Yarimi University who took the trading course in 2023, I must say that my experience has been underwhelming. The course content, which includes webinars and access to a Discord community, is nothing more than repackaged information found for free on YouTube, yet it's being sold for a hefty £500. It's important to note that the Discord community is filled with inexperienced young individuals hoping for quick riches, despite the fact that trading requires significant time and effort to master. To make matters worse, customer support is lacklustre, with response times taking up to a week for basic inquiries.
What's truly concerning is that some students from 2023 reported being groomed into providing positive video testimonials in exchange for one-on-one sessions with Nasser Al-Yarimi. Many of these students later failed due to the inadequate risk management strategies taught in the course. It seems that Yarimi University only highlights the temporary success stories, which represent a small fraction of the student population.
A closer look at the numbers reveals that of the 422 members in the trading community, only about 12 have successfully passed their funding challenges, leaving a staggering 97% fail due to the subpar course content. Nasser Al-Yarimi has made an estimated £168,800 from these courses, with over 100 new students joining each month at a current price of £499.
It appears that the revenue generated from the course sales has drastically improved Al-Yarimi's lifestyle. Before founding Yarimi University in June 2022, he had no notable assets or accomplishments. However, after two months of selling courses, he was able to rent a luxurious penthouse, and later showcased an extravagant lifestyle in Dubai. Despite claiming to be a successful trader, his personal trading earnings seem insufficient to support this lifestyle.
Further investigation revealed that Al-Yarimi purchased a McLaren 570s in January, which was only possible due to the profits from his course sales. Students have confirmed that his luxurious lifestyle and the McLaren were financed through course sales rather than his own trading success. Al-Yarimi claims to trade with large capital, but evidence suggests that he relies on low-cost funded accounts and has failed to provide proof of any significant withdrawals from his trading activities.
Moreover, Al-Yarimi was exposed on Twitter for coercing students into using an unregulated broker, earning him up to $700 per signup when a student deposits money. The link to the tweet can be found here: Yarimi exposed on Twitter
In an effort to save others from this scam, I have attached a link to the full course content. Please share this information and help others avoid being taken advantage of. Full Course link: Download the full course
Delving into the math, we find that 422 students multiplied by the average course price of £400 equal £168,800. Considering there are over 100 students joining each month and the current course price is £499, it's evident how this income has transformed his life. Let's examine his life's timeline.
Up until June 2022, he was financially struggling (Image 1).
Interestingly, on June 11th, 2022, he launched Yarimi University and began selling courses (Image 2).
By August 2022, just two months later, he had generated enough revenue from course sales to rent a penthouse from Zoopla at around £8,000 per month (Images 3 & 3.1).
In late September 2022, after further course sales, he started flaunting a luxurious lifestyle in Dubai, known for its rented supercars and temporary high-end living (Images 4 & 4.1).
In an interview with Words of Rizdom link: Watch podcast, he mentioned participating in a funded challenge with Funding Talent, boasting a floating profit of $65,000. However, when it came time to withdraw, he received only around $1,000 on September 30th, 2022.
To understand the situation, consider that Yarimi signed a rental contract for approximately £8,000 per month despite earning a mere £1,000 from personal trading. Why would he commit to such a deal with no other job and poor trading results? Evidently, his trading course was bringing in more money than anticipated, enough to cover the £8,000 monthly rent and other living expenses.
Upon further investigation, it's clear that after earning roughly £168,000 and purchasing a supercar for £80,000, he had £88,000 left, which is enough to cover a year's rent. These figures underestimate his total earnings from course sales, as they don't include additional fees for one-to-one mentoring.
Continuing our examination, on January 6th 2023 (Image 5),
he bought a McLaren 570s worth around £80,000, which corresponds to eight months, of course, sales revenue. It's apparent that his course income, not his claimed success as a funded trader, has enabled his luxurious lifestyle, which he couldn't afford before launching the course.
In conclusion, Yarimi University's trading course has proven to be a disappointing and costly experience for many students. Despite the high price tag, the course content is easily found for free online, and the community consists of inexperienced individuals seeking quick wealth. With lackluster customer support and questionable practices, such as soliciting positive testimonials in exchange for one-on-one sessions, it's evident that the success of the university is largely built on course sales rather than genuine trading expertise. A mere 3% of students have achieved funding challenges, while the vast majority fail due to inadequate course material. Founder Nasser Al-Yarimi's luxurious lifestyle appears to be funded by course sales rather than personal trading success.
Scamimi University's socials:
Yarimi University Website: https://www.yarimiuniversity.com/
Yarimi University Instagram: https://www.instagram.com/
Yarimi Personal Instagram: https://www.instagram.com/nasseralyarimi/
