Matt Badiali says he knows how it is nowadays where someone comes along and tries to push yet another investment scam on you. He has seen many of these over the years during his time in the finance industry. The usual pitch they make is that you can work just a couple hours a week on something and make incredible amounts of money from it. These scams usually involve binary-options trading or yet another life-changing opportunity in the multi-level marketing industry.
What this type of climate has created is one where people will recoil even from perfectly valid business ventures, he says. He knows this first-hand because he introduced Freedom Checks and they sounded so good many people assumed they were just another scam. Matt Badiali, whose background is in geology and finance, says that he can vouch for them because they’re real and something created by the United States Congress.
His educational background is rooted in science. He first attended Penn State University after finishing high school, earning a degree in earth science in 1992. After working for a few years as a geologist he went back to school and graduated from Florida Atlantic University in 2000 with a master’s in earth science. He pursued a doctorate in this subject but dropped it in order to enter the financial industry.
He found out about Freedom Checks from a well-known financial advisor. What he found out was that in 1987 Congress wanted to boost the domestic production of oil and gas. America was far too dependent on foreign sources and it was a huge national security risk. They passed the 26-F Statute which enabled some oil & gas firms to reorganize as a Master Limited Partnership (MLP).
Matt Badiali says how this works is that any organization that wants to be an MLP needs to derive 90 percent of their income from drilling, producing, or transporting these natural resources. The oil & natural gas must be sourced in America. Once they are an MLP the federal government requires that they return 90 percent of their profits to people who own their stocks. Matt Badiali says owning these stocks is extremely lucrative.