Azam Meo, a
reclusive and controversial entrepreneur born from
Miami, FL. Mostly known from his syndicated weekly online video
show
[2100] which has grown to over
15,000-25,000 viewers a week. The videos produced by Meo and co.
are characterized by the fast edited cuts, illegally downloaded
music used as background music and an excited Meo shouting his
business advice while throwing items at the camera.
This has
both attracted and detracted members of the Internet community. Meo
has drawn wide
criticism and praise both online and offline. A
[WSJ.com] report called his video show ‘…strangely addictive…’ and
referred to Meo’s videos as ‘either incredibly brilliant or just a
fad’.
Regardless of Internet opinions Meo is surrounded by
controversy. He began trading
commodities while in high school, to avoid
suspicion and to circumvent age requirements Meo traded under a
fictitious name. When discovered he was never officially charged
but issued a
cease and desist order. Although his
SAT score was over 1500, there is no record of Meo ever completing
high school or college, which raised several concerns when he was
later hired as Economics teacher at a private school near Chicago.
Although Meo resigned from his teaching position he continues
his ‘American Entrepreneur Training’ which he claims he did not
start by only “Encourage the kids to do it.” Several
PTO organizations have made several attempts
at disassembling this program. 47 year old chairperson of FFA and
Hampton County PTA, Kelly Carson, has been among the many
protesters calling Meo’s guidance “Brainwashing, complete
brainwashing. Azam Meo tells our kids to quit school and they’ll
magically become millionaires. His ‘training’ consists of
exploiting children by having them sell door to door and has them
become telemarketers while playing video games. He is nothing but a
fast talker who inherited his fortune instead paying his dues.”
Carson and three other parents have filed for
restraining
orders on behalf of their children against Meo. No
documentation of an
inheritance was found despite two private
investigators from the Here/Locke and Interboard
agencies.
Although no conclusions came from the investigation
Azam never denied the fact that his money did not in fact come from
his "Meo Methods" but from an inheritance or family support.
To
add to his controversial background On May 15th, 2003 Meo’s
residence was raided by
FBI and
CIA agents. Although no charges
were filed and it was later called a “False Alarm” several local
newspapers and parental organizations printed copies of the story
and spread it among the community. At the time several of Meo’s
business interests went bankrupt and the loss to Meo was reported
to be in the millions.
After the federal investigation was
complete Meo was in talks with the SEC (the
Securities and Exchange
Commission) while there were no formal investigation procedures
or charges filed, this has fueled critics’ speculation. According
to updated reports and local agencies Meo’s net worth as of 2006
was estimated at $25,000,000.
Meo’s wealth, depending on the
source, is either from inheritance or from real estate and
financial investments. Meo’s most recent company, MoonMover, has
offices in five countries and according to SEC filings has a gross
revenue of $15,000,000 per year. It is not clear how much ownership
of MoonMover is Meo’s or how much his current interest in the
company is worth.