Is MAGA Checks a Scam? Are These Checks Even Real?
Is Maga Checks a scam? Are they even real? It kind of sounds like the government is handing out free checks to everyone, but is that really the truth?
We’ll be looking to answer these questions in the review shortly, but first I wanted to say congratulations for being here on my site. You’ve proven you don’t just fall for all the hype out there when it comes to making money. You do your research first, which is always a wise move.
Likely you’ll never fall victim to a scam or waste time on something that’s not worth it.
Let’s take a close look at Maga Checks now and uncover the truth…
Company Name: Maga Checks
Owner: Dr. Steve Sjuggerud
Price To Join: $49
My Rating: 2/10
~ MAGA Checks Review ~
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I’ve been making a fulltime income on the internet for years now, and it’s my goal to help as many other people as possible achieve the same dream.
Because so many people venture online to seek out new options, many scammers troll the online waters as well, looking to lure and hook people into their dodgy money making schemes. They promise riches but usually deliver no value.
It’s something we always have to keep an eye out for.
One of the most effective ways to sort out the good stuff online from the bad is by reading product reviews just like you are right now. It’s the reason I write so many of them on this website. I’m here to help people make good choices.
When I kept hearing about these Maga Checks and the promise of all this easy money they represent, I wanted to do some research on them and write a review detailing what I discovered.
Let’s now see if Maga Checks are real or not.
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What Is Maga Checks About?
Dr. Steve Sjuggerud presents us with Maga Checks that president Donald Trump is offering to everyday people.
At least, that’s how the sales pitch seems to go.
The letters in the word “MAGA” represent “Make America Great Again”.
Apparently all Americans can be collecting big cash payments in the thousands of dollars, if only you know how to get your hands on the money.
Well, Steve Sjuggerud is here to show you how, and we’ll get more into that shortly.
Anyway, Steve tends to make it sound like these checks have something to do with the government because he keeps mentioning Trump, but they have nothing at all to do with being government approved checks, and they are not from Social Security either.
So what are they then?
As you go through the sales pitch for this you’ll regularly be confronted with people who claim they’ve been getting regular Maga Checks every month, as well as quotes for all the easy money they’ve been collecting.
We don’t even know these peoples’ full names. They’re all things like “Kurt B.” and “Jim G.”. Stuff like that.
This doesn’t actually prove anyone is getting real checks.
In all honesty “Maga Checks” is simply a name that Steve Sjuggerud invented. It’s nothing more than a sales gimmick to get people interested.
The checks are not some free and easy government hand out that Donald Trump has devised and approved. These checks are actually dividend checks that you “might” receive if you invest money in some property portfolios.
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So What’s Really Going On Here With Maga Checks Then?
Dr. Steve Sjuggerud works for a financial firm called “Stansberry Research” and he’s the editor of several newsletters, one of which is called “True Wealth”.
These newsletters are all about offering trading and investment advice, so basically each month Steve will send you his newsletter via email, and inside will be all his latest tips, advice and market predictions. You follow along and hopefully make a good return on investment.
This means that, if all goes well with your investments, you’ll be receiving regular monthly checks, but they’re not called Maga Checks, but rather a variety of dividend checks.
I’m not sure if the two companies are connected, but Stansberry Research reminds me a lot of Agora Financial, a company which also distributes a wide range of paid newsletters offering investment and trading advice.
Neither company has a positive reputation online. All you have to do is search on places like the BBB website to discover how low these companies have been rated by people who have had dealings with them.
But that’s not to say there’s nothing useful in their newsletter or any money to be gained.
Investing doesn’t guarantee returns though. You might make a profit and you might not. It’s the nature of the game.
I’ve reviewed quite a few newsletters and schemes that Agora Financial has created, and this one sounds almost identical in what they’re offering and how they’re selling it.
Here’s a snap shot of a few others I’ve reviewed from Agora:
And quite a few more than that.
They are all very similar in what they’re offering, and nearly all of them are sold to people through some story about receiving easy checks which is nothing more than a fictional sales gimmick.
Often Donald Trump’s name is tossed about to make it sound more official, but at the end of the day it’s just a way of luring people in and then switching them over to paying for a newsletter subscription, in this case True Wealth.
Who Is Steve Sjuggerud?
Steve is the editor for the True Wealth newsletter, distributed by Stansberry Research. Apparently he has been with the company since 2001 and specialises in finding safe investment opportunities that are low risk.
Along with the investment advice Steve offers in his monthly newsletter, he’s also the creator of some computer software called “True Wealth Systems”. This software is similar to technology used on Wall Street and it helps to analyse and predict good investment opportunities.
Steve has been a stockbroker and had numerous jobs on Wall Street. He was the vice president of a global mutual fund at the age of 24. Steve has also appeared on Fox News and Bloomberg on numerous occasions.
He’s been in the game for a long time now and I’d say he does know what he’s talking about. That doesn’t ensure you’ll make a ton of money if you subscribe to his newsletter though, but I guess the possibility is there.
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The True Wealth Newsletter
This is what Steve’s selling everybody here, a subscription to his monthly newsletter called True Wealth.
If you become a paid subscriber you’ll gain access to what Steve’s apparently best at: Researching little known opportunities that are said to guarantee a return on investment.
Many of these opportunities are real estate based, but other investments are covered as well.
Each month you’ll receive Steve and his team’s latest investment tips and predictions. Generally you invest along with Steve and hope to make a financial killing.
What you get includes:
- 12 month subscription to the True Wealth newsletter
- 100s of special reports
- Regular updates on the progress of investments he advises
- And more…
The strange thing about all these trading and investment newsletters I come across, no matter which company publishes and distributes them, they all use some weird sales gimmicks to lure people in.
Whether it be Agora Financial or Stansberry Research, nearly every single sales pitch starts off with something to do with Donald Trump, a pitch about how there are all these free checks out there that anyone can collect on, or some other similar mumbo jumbo.
Some of the gimmicks are extremely loosely based on something true, but something that’s really nothing at all like what they’re pitching.
At the end of the day the idea is to get people to pay for newsletter subscriptions.
In my opinion, instead of targeting just about everybody with these newsletters, they should be more to the point, more truthful, and actually reach their most relevant audience more effectively.
And that audience is traders and investors, or at least people who are interested in trading and investing.
What I Like
- You might get some good investment advice that makes you a profit, but nothing is ever guaranteed
- Steve seems to be the real deal and does sound like he knows what he’s on about
What I Don’t Like and Red Flags
- Maga Checks is just a made up thing that sounds cool – It’s nothing but a sales gimmick at best
- Stansberry Research has an extremely poor rating and reputation online, especially for using very misleading sales tactics and also for offering dud investment advice
- Generally when you sign up to these newsletters you are regularly hassled to purchase upsells
- This newsletter is really targeted at people with a stack of cash to invest in something
- There are no free checks that are easy for anyone to get their hands on, as they are all dividend checks they’re really referring to
- The proof of income they show on their website absolutely doesn’t prove anything
How Much Does Maga Checks To Join?
The asking price is $49 per year to subscribe to and receive 12 editions of the True Wealth newsletter. They advertise it as normally costing $199 per year, but I doubt they ever charge the full amount.
There is the high possibility that subscribers will be hit with upsells though, as that’s very common with these investment newsletter schemes.
Is Maga Checks a Scam Or Legit?
I wouldn’t say Steve or his True Wealth newsletter are scams at all. Whether the advice you are given leads to profit or not is highly speculative.
What I do find very scammy though, is the BS stories they come up with to sell these newsletter subscriptions.
There is no such thing as Maga Checks. They don’t exist. Donald Trump didn’t create them. Instead, it’s just a name penned by Steve himself and is simply a sales gimmick.
If you’re an investor – particularly in real estate – then maybe this newsletter is worth a look at $49. For anyone else, forget about this fictional Maga Checks story.
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