Mr. Warren is on this list for one simple reason. He bought items from The Wealth Preservation Institute that cost in excess of $2,500; he physically took possession of the items; and then he didn’t pay the bill.
Repeated attempt to collect this debt have been made and Mr. Warren has avoided every attempt to pay his bill.
Any advisor who buys goods for an amount that in most states would be a felony if not paid for is certainly worthy of the title “bad advisor.”
For a definition of what a bad advisor is, please see my book Bad Advisors: How to Identify Them; How to Avoid Them.