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Is Arya Toufanian’s @stocks Program a Scam?

October 4, 2018

UPDATE 10/8

Seemingly out of nowhere late at night, Arya decided to switch the entire program from being based on Slack which is explained below in favor of using the Discord platform which is known for being used for the video gaming community. Although another confusing transition took place over the course of about 2 days, the program now does have at least some concrete differences between each of the differently priced paid plans. It is a bit ironic that THEWOLF who is originally mentioned below has been and continues to actively use discord for his own stock market advice program.

 

People are curious about Arya Toufanian’s newest venture. It’s his @stocks Instagram account and paid stock market advice program. While Arya himself has been very vague in explaining the program itself. There are 3 packages which vary in cost from $60 to $1,000. Any of the three packages offer practically the same idea.

The @stocks program is a Slack account chat room with the packages being sold on the Shopify Ecommerce platform. Slack is a hugely popular chat and discussion platform used by companies and other types of groups all over the world. Shopify has become the leader in e-commerce used by more companies for online stores than any other solution.

Another frequently asked question is the actual difference between each of the packages which range from $60-$1,000 dollars. Although some details have been discussed and potentially planned, as of right now there is no proven difference between each of the different priced options. Each allows an invitation to the same Slack account to receive stock information. There have been mentions of plans to create a separation between each of the programs, but as of now, there is no difference.

@ stocks Program History

Arya explained in an outdated story posting that he had got the @stocks Instagram handle for free after negotiating the potential of the account to its original owner. After starting to promote the program heavily on Instagram while posting many screenshots of people who had made huge profits from following the programs knowledge, and posting his online store sales in excess of $50,000 extensively on his own Instagram account, there was a bit of a crash on October 3rd 2018. The individual who was running the actual Slack account that everyone was paying to join had announced he was leaving. you can see his explanation and reasoning straight from the original Slack account right here:

THEWOLF [10:30 AM] @everyone this will be my last day here. unfortunately ARYA and i were unable to come to an agreement. on 9/9/18 ARYA approached me on Instagra. he mentioned he had people signing up for his program yet no where to host them. I developed my trading business, “stockmarketwolf.com” in 2016 so i already had my own students and my IG “stockmarketwolf”, where ARYA contacted me on. on my IG you can see I have been trading all year. on 9/11/18 we put everyone in an old chat i used to use, hence why the name of the slack is my business name “stock market wolf”. on 9/12/18 we met in person to talk about me helping him out full time, how much i was to be paid and i offered him my expertise on how to make his business better. such as product descriptions so people can clearly see what they are buying, legal disclaimers, things he should offer, etc i tried to help him gear it towards what i had made years prior. on 9/13/18 i told him he needed a LLC, DBA and to legally form the business. on 9/14/18 customers wanted to cancel because ARYA had not yet listened to my advice and people were paying different prices for the same thing. on 9/15/18 multiple people started messaging me that ARYA was not responding and would take it up with bank as a fraud charge. on 9/25/18 an event happened where people began to threaten me as a result of ARYA i had stepped away then. but decided to come back. To this date i have not been paid, yet i have been the one giving you guys my watchlist and my proprietary scanners. arya had yet to put product descriptions. if you go to his site and look at his terms of agreement you will see stock market wolf in there because i gave him mine from my site….which i paid an attorney thousands of dollars to write up and make. I HAVE GONE out of my way to help him and you guys. but him and I do not see eye to eye. he hasnt followed through on any of his promises to me or done the necessary things to date of things i suggested, which a lot of those things came from my business attorney to inform arya of what he needed to do to make his site legit. i went above and beyond to help him. I have nothing against Arya nor am i trying to steal you guys from him, he just isnt following through what he said he would do. this has been going on for 4 weeks now. i have documentation and proof of all my claims you can even go on his site now, click on his terms of service and see mine in there. i am not doing this out of bad blood or bad intentions. but i am a honest hard working man. i have two boys and i work as a cancer scientist for a living. i have a bachelors and two master degrees one in biomedical tissue engineering. I act with integrity which is why im sending this message. everything I claimed is all backed by documentation. *IF* *YOU* have a problem because im leaving, last time people started to give death threats and post false things on my instagram and website….if you do that, this is a verbal warning now that i will take it up with the process of the law. slander is illegal so would highly suggest to think before you do. i have gone out of my way to try and help and nothing has been resolved.I am sorry but i will no longer take that stress I have enough stress with the job i have and how its critical for patients, my own business to focus on and my own family to worry about. i will not continue to provide value if he cant appreciate that nor do the proper legal things since we are two different business entities, which again mine was the initial and came years before his. so i need to focus on just mine and focus on my family. i wish you all the best of luck

The ironic part of the whole story is that THEWOLF was the only legitimate trader on the platform. It seemed as if Arya had brought the customer acquisition side of the business to the table, whereas the wolf was brought the trading and scanner part. In fact, the wolf appeared to be a legitimate trader, hoping to offer trading advice to others. Even though apparently being recruited by Arya, It turns out THEWOLF already ran a legitimate professional and successful stock market knowledge company by way of his stockmarketwolf.com brand. On his own program, he offered a similar service, but with a much more reasonable amount of people.

After the announcement from THEWOLF about leaving the group, and panic from tons of members, Arya quickly decided to take over the offense and start recovering from the mess that had been created. He quickly started a new slack group and instructed all to switch over to the new group. He proclaimed in a since-deleted post on the @stocks account that the original slack had been hacked by a ‘random guy’ and was essentially under attack. If you’re wondering why he’s saying he got hacked, it’s because he didn’t own the Slack channel. Arya may or may not know this, but Slack has 4 million users and more than $200 million dollars in yearly revenue. A company of this size does not get ‘hacked’ by a day trader. It appears that Arya was unable to set up the Slack and instead asked The Wolf to do it. The Wolf clearly just deleted Arya’s account and locked him out. The Wolf claims that he decided to part ways with Arya because Arya was not paying The Wolf the agreed upon rate. We at 5orry do not know what really happen. It does seem, however, that Arya was quite rattled when The Wolf kicked him out. It’s understandable that he would be rattled, considering that Slack channel was pulling in over 50k a month in revenue. Listen to what Arya had to say

The New ‘Aryastocks’ Slack Channel

A new Slack account was quickly created the same day that THEWOLF announced he was leaving, and the next 48 hours ended up being  confusion for many people who had purchased the @stocks program. The first day of the new Slack account did end up having a live screen share in the morning but it was very brief and throughout the entire day there was a bit of chaos around the status and quality of the discussions.

Other Stock Market Figures Voice their Doubts

There have been a few people talking down on Aryas program and methods, especially among established stock market trading brands and programs. Whichever side you choose to side with, it is factual that Arya does not discuss many technical trading details or history himself, and tends to be the head of the operation that brings it all together.

@stocks Program Future

The value of the program and chat really is based on who is providing the information to the masses, and if a new individual becomes a part of the program then it could be very successful. The potential is there and it is clear that many young people are ready to pay for advice and lessons on how to learn the stock market in order to make a profit trading stocks. It also seams to be proven that many young people will put their trust and money in someone who they might look up to, or has a proven social media influence.

Only time will tell what becomes of Arya Toufanian’s paid @stocks program. There seams to be new some new members involved that are trying to help other members but it may take more that that to prove the purchase value. Anyone should realize there are plenty of groups on the stocktwips platform and even Facebook that discuss stock potential.

Let us know about your own experience with the ‘program’  with a  comment, and read an introduction about who Arya Toufanian is right here.

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