Private Equity Institute Complaints & Reviews

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Private Equity InstituteScam/Fraud

This is a scam course run by MATTHEW MURRAY.
It is a scam because nothing is learned in the course.
It is a scam because Matthew Murray claims the entity is a 501 (c) 3 non-profit.
The instructor, Matthew Murray, pretends to be one of the many prestigous professors of private equity who is generously donoting his time for the benefit of the PEI and humanity.
The reality is that he is the only person in the company.
Matthew Murray is an unemployed charletan who scams honest hard working upwardly mobile aspiring private equity individuals. This is how Matthew Murray makes a living.
This crook stole $1, 295.00 from me and I will hound him until I get my money back and see him behind bars.

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    Private Equity InstituteFraud/Scam

    I took a course called PRIVATE EQUITY INTENSIVE TRAINING last September, 2009.
    There were a total of 4 students. Each paid about $1, 300.00 The class was 9 to 5 on a Saturday and Sunday at the prestigous University Club on 54th and 5th in Manhattan.
    The instructor/scammer/owner of the so-called PEI was Matthew Murray.
    For two days he simply re-read the ABC's of basic topics like the Securities Act of 1933.
    The website clearly states that each student must be fully versed in the prelimary necessary data and that the course itself would be intense training focusing on
    (1) Case studies (2) the application of the main valuation models. INSTEAD MATTHEW MURRAY SIMPLY REREAD THE PRELIMINARY MATERIALS. I kept asking Matt when we were going to move on to the course itself and he would say "soon". After the course I returned to Miami Beach having spent over $3, 000 in total and I learned nothing.
    I sent an email to Matt expressing my disappointment and he responded pretending to be someone else from the so-called PEI and basically called me a liar and told me "how dare you complain". No one has ever complained". Now that I have run a search on google PRIVATE EQUITY INSTITUTE FRAUD SCAM COMPLAINTS I have learned that I along with many other have been scammed.

    I AM SHOCKED THAT THE UNIVERSITY CLUB allows this scam-artist within their hallowed walls. I have all correspondence from Matthew Murray wherein he basically says
    :go bleep yourself, I am above the law".

    Please do not waste your time or money.

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      Private Equity Instituteprivateequityinstitute.com is a scam

      They advertise a course of $1000 promising you insider knowledge of private equity and prospects of employment and internship to work at a private equity firm. However, all they teach you are simply materials readily accessible from major news and web sources. The founder Matt Murray is simply scamming everyone who is so eager to work in private equity, using this psychological weakness as bait to fulfill his other project (NY Private Equity Exchange) getting students to work for him as free labor. I remember once he even asked the students to lift a piano at his home.

      Don't fall for this!

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        • Dr
          DrakeC Oct 20, 2009

          I was scammed also by Matthew Murray.
          The course is a joke.
          You learn nothing.
          Matthew Murray claims PEI is a vast nonprofit and that we are honored to learn from him. The reality is he is an unemployed hack that makes a living defrauding people who want to learn about Private Equity.

          I have contacted the bunko Division of the NYPD.

          An arrest is imminent.

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        Private Equity InstituteThe course is a total scam

        the quality of the instruction is garbage, "guest speakers" are b-string people that have "a job" in private equity firm -like Murray's NYPE supposedly a research house, he never gets you a job or even an internship, the "affiliations" are affiliated only because Murray uses their name on his website - they most likely have never heard of him. His resume is bogus - his CFA and all his other licenses expired a very long time ago. He is a total fraud.

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          2 Responses
          • Mc
            MCHammer1989 Feb 23, 2014

            Matt Murray is a complete con artist. Google his name and company for all the complaints against him. Murray was fired from Rodman and Renshaw many years ago and is blackballed on wall st. He has no connecitons and can't get anyone a job. His teaching consists of reading old SEC laws. Google and investopedia can teach you better. Or better yet, get some valuation books by Dhamodharon and teach yourself. Don't be ripped off!

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          • Dr
            Drake Corrigan Oct 11, 2009

            Matthew Murray is a scam artist crook who makes a living pretending to be a Private Equity expert on behalf of the PRIVATE EQUITY INSTITUTE. The reality is that there is no PRIVATE EQUITY INSTITUTE. Matthew Murray just pretends there is and uses an India based answering service. By getting hard working upwardly mobile individuals to pay him $1, 295 per class, Matthew Murray makes a good profit for 2 days of rereading the few pages of preliminary material.

            I took this course last month at the University Club and I complained that we didnt go over what the website said we would go over. CASE STUDIES, MODEL VALUATIONS TARGETED BUSINESSES. We did none of this. Matthew Murray basicallt told me to "bleep off". It was his arrogance that got me to investigate the authenticity of his organization.

            GO TO GOOGLE: DO THE FOLLOWING SEARCH : PRIVATE EQUITY INSTITUTE COMPLAINTS SCAM MATTHEW MURRAY.

            THIS CROOK NEEDS TO BE SHUT DOWN.

            I HAVE INFORMED JOHN DORMAN, THE GENERAL MANAGER OF the UNIVERSITY CLUB THAT THERE IS A SCAM TAKING PLACE.

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          Private Equity InstituteMatthew Murray

          Don't fall for the slick looking design of the website or the respectable sounding British voice on the web video to sucker you in. I took the course, paying $1000, in hopes of landing an internship on Wall St. for a reputable private equity firm. I was assured that PEI had great contacts in PE and in fact, the cost of the course was being subsidized by PE firms. What a joke. The course was a complete waste time. Everything they "teach" you can be learned in an hour or so on Investopedia or Wikipedia. They were no help in landing an internship. The only internship I was offered was to debug Matthew Murray's new website. Mind you, I was attending a top 10 MBA program at the time!

          The owner/founder of PEI is a real nasty fellow: Matthew Murray. This guy got FIRED from his previous employer, Rodman & Renshaw, and has been unable to land another job on Wall St. PEI is his MAIN SOURCE OF INCOME!! Would you pay to learn ANYTHING from this guy?!

          Stay far away from PEI and don't fall prey to your desperation to get into finance/private equity. You will be very angry if you fork out $1000+ to these charlatans!!

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            • Dr
              Drake Corrigan Oct 11, 2009

              I got scammed by MATTHEW MURRAY of the PRIVATE EQUITY INSTITUTE in New York City last month. The course is a complete waste of time and money. Matthew Murray is the owner/scam artist of this so-called non-profit entity. The course was on a Saturday and Sunday on the 5th floor of the University Club on 54th and 5th. I was so impressed with the University Club. Matthew Murray is very knowledgeable, but like a poor mans Bernie Madoff, he is a crook. He spends the 2 days rereading verbatim the prelimary data each student is required to learn before taking the course. I kept asking him "when are we going to begin the intensive training" Case studies, Financial model valuation of companies etc. We never got around to it. Why? Because he wants the suckers to pay another $1, 295 for the next course. Matthew Murray profits about $5, 000 a weekend every month or so. This is why I refer to him as a "poor mans" Bernie Madoff. GO TO GOOGLE: TYPE IN: private equity institute fraud complaints scam. Thats all you need to know. I have contacted Mr. John Dorman the General Manager of the prestigious University Club to inform him that fraud is taking place on the 5th floor library by MATTHEW MURRAY of the PRIVATE EQUITY INSTITUTE. HOPEFULLY THIS SCAM WILL BE SHUT DOWN.

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            Private Equity InstituteDon't waste your $1k

            This company claims to prepare MBA graduates for internships with private equity firms. Unfortunately, the coursework fall short of teaching anything useful. The information provided does not give any insight into the industry. The claim that the students will get an internship is also a joke as the only internship available is with Mathew Murray's private equity stock exchange web firm. You will not spend anytime valuating investments instead you will spend time debugging the website. They take advantage of people who really want to enter the industry. Don't waste your money. Instead enroll in a reputable program.

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              • St
                Stan Jan 28, 2009

                I concur completely with the above poster. I also took the "course" and feel ripped off. No legitimate private equity firm will hire you because you took this course. Private equity institute has no worthwhile contacts within the industry and won't help you get a legit job. In fact, the founder of the firm Matthew Murray was fired from his previous analyst job on Wall St. and now cannot get hired by any firm on Wall St.

                Stay away from these conmen and save your $1000!

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