“Richest Man in History Forced to Give Back” — What’s “The Strange Law Forcing Amazon To Pay a Tax to Americans Like You?”

Is Amazon "Legally Obligated" to Pay You? What are these $48,000 "Prime Profits" teased by The Wealth Advisory?

By Travis Johnson, Stock Gumshoe, September 17, 2020


ed. note: The first version of this article was originally published in September of 2018, when we initially saw these ads rolling. It has been re-circulated several times, most recently because of the attention Jeff Bezos is getting for becoming the wealthiest person in history, so readers are asking again and we’re re-posting the answers and our analysis. The answer is the same as it was when our teaser solution for the first version of the pitch was published two years ago, my analysis and commentary were updated in mid-June so are slightly out of date, but the prices of most of these stocks are still fairly close to where they were then.

Another day, another “secret” that we’re told billionaires are using to grab big ol’ checks… all promised to you in exchange for your subscription to a newsletter.

This time, it’s The Wealth Advisory from Briton Ryle over at Angel Investing — that’s an “entry level” newsletter (now $99/year, though has often been sold at $49) that seems to focus on income investments… and the big pitch is that he’s got a secret way to earn “Prime Profits” from Amazon and make up to $48,000… without buying Amazon shares.

Here’s a taste of why Gumshoe readers were intrigued:

“You see, despite doing $200 billion in revenue last year…

“With more than 300 million customers around the globe…

“And more than 560,000 employees…

“Amazon is legally obligated to hand over Prime Profits to people like you. All you’ll need to do is take advantage of a little-known law to start collecting life-changing checks.

“In other words, every time someone buys a book…

“Every time someone orders toilet paper…

“Every time anyone buys anything…

“You’ll get paid!”

We know it’s not going to be that simple, of course, but that’s how they draw readers in. Much of the ad is about how this is a secret that only billionaires know, that there are secret piles of money available — which feeds into the common suspicion that there are just buckets of money sitting around waiting to be grabbed by in-the-know folks. That’s not really true, of course, and if it were no one would sell this “secret” for $99… but we have a tendency to suspend disbelief when that “greed” impulse clicks in.

More from the ad:

“As business magazine Inc. reports: ‘Billionaires kno