Can you spot the imaginary doctor?

online wealth generation scam

online wealth generation scamMore news from Dr Peter James Hardy and Online Wealth Generation…

I want to thank a number of our readers for doing a sterling sleuthing job on a gambling system I reviewed a while back called Online Wealth Generation. In particular Mick Wright and Nelly R for their intriguing, hilarious and somewhat disturbing discoveries.

Just to jog your memory this is the roulette system that claims to make you £600 a day thanks to a special system which apparently decodes the casinos’ ‘random number generators’.

It’s fronted by a chap called Dr Peter James Hardy (name ring a bell?). Dr Peter presents us with a jaw dropping CV…

As well as having a doctorate he claims to be the former Head Software Engineer at the London Stock Exchange.

Here’s a picture of him on the Online Wealth Generation Website:

online wealth generation scam

Such a trustworthy looking face.

So imagine my dismay when reader Steve pointed out:

“I worked at the LSE on the SETS project and during the period this guy claims to have worked there. He did NOT. This guy is a fake – please don’t waste your money!”

Oh dear…

… and I’m afraid it doesn’t get any better.

Do you remember the book Where’s Wally?

It was a puzzle picture book featuring a chap called Wally (or Waldo if you’re from the States). Wally wore a bobble hat and stripy red and white jumper. In addition to his unfortunate name, Wally had a problem: he kept on getting lost in all manner of crowds and it was your job to spot him.

Spotting him was never an easy feat and the search usually involved tracing every cm of the page with your finger 4,000 times. When you eventually found him it left you feeling strangely unfulfilled… and migrainey.

Anyway it turns out Dr Peter James Hardy, or plain old ‘Pete’, is on the same gig and loves mingling with different crowds.

Here he is on the website for the Catholic Community Foundation of Middle Tennessee inviting you ‘gift’ over your life insurance, worldly goods and limbs to the church.

Online Wealth Generation Scam


And what’s this? Surely not.

He’s in Spain!

Online Wealth Generation Scam Spain
I’ll roughly translate what it says for you:

“I’m Dr. Francisco Manuel Ortiz. I was Chief Engineer at the Madrid Stock Exchange (BM) from 1993 to 2004.”

WOW. He’s so well educated and he has so many different names… where does he find the time?

Here he is offering us a fully automatic £600 a day in the Winning Bot website which seems strangely similar to his Online Wealth Generation page. This time he seems to have suffered a bit of a memory lapse and forgotten his name. He’s now masquerading as Dr James Petersen bsc PhD.

winning-bot-Dr. James Petersen

And just when you start to miss him he comes back for one more round…

Online Wealth Generation Scam Spain Binary

Now he’s showing us how to make money from his ‘Binary Options Method’. Probably a trick he picked up at the LSE.

So it appears the good doctor speaks fluent Spanish, collects life insurance for the Catholic church in the USA, picks up PhDs in London and decodes online casinos’ random number generators in his spare time.

Is there no end to this man’s kindness and ability?

Impressive stuff.

Needless to say any email from Online Wealth Generation, Dr Peter-whoever-he-is should be deleted/burned/flung out of the window.

Either this guy doesn’t exist… or there’s a midwife who delivered quadruplets circa 1950 who’s got A LOT of explaining to do.

PS. I don’t believe it! Dr Peter James Hardy has just popped up AGAIN in my inbox, literally as I finished writing this. This time he’s emailing to say that his site’s been hacked by the online casinos (suuuure it has Pete, suuuuure).

But leaving his hacking woes to one side, I’m concerned about his astounding face lift/hair transplant combo. Very fetching. Are those new glasses you’re wearing?

Online Wealth Generation Scam Hacked

PPS. Final update: Now you too can buy Dr Peter James Hardy’s ‘business’ face.

Full marks to Insider’s Edge reader Adek who’s found the stock photo website where the creators of Online Wealth Generation found their face (it’s on istockphoto). Here’s a screengrab:

dr peter james hardy stock photo

I like the description which reads: “Active Senior Adult Businessman Portrait at Office”. A bargain for ’15 credits’…


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51 responses to “Can you spot the imaginary doctor?”

    • Gues what, He’s in the Netherlands too but this time he’s known as Dr. William. Harvey who turned out to be a teacher on a university in Indiana.

  1. hahahaha!!! I enjoyed reading the research you have done of the Dr!! I was actually thinking of signing up to his casino sites!!

    Thank you for saving me from future misery and ‘I told you so’s’ from my partner!!

  2. Excellent research! I was about to do it when a pop-up appeared in my monitor advertising the famous casino wealth generator! Fortunately, I found your post and I really enjoyed reading it!

  3. hi
    im at a very low point in my life right now especially when it comes to finances im at subterranian level,so imagine my delight when i saw this advert on a pop up for being able to earn 600 pound a day using the RNS generator ,it was being advertised by a DOCTOR JAMES PETERSEN.BSC,PHD who happened to be the head of the LSE during 1993 -2004.what a busy man .what a PARASITE,


  4. […] Senior Adult Businessman Portrait at Office’. In addition to this, in the following web article: Online Wealth Generation – Can you spot the imaginery doctor? – a reader has pointed out: “I worked at the LSE on the SETS project and during the period this […]

  5. He’s at it again….

    This time on ‘Winning Bot’

    Same pic, same CV, but as previous poster mentioned – he’s now ‘Dr James Petersen’

    A quick google of his ‘credentials’ found only a link here, and a link to his site – same old, same old.

    Caveat Emptor.

    • Excellent spot Dave and Choggerdog. Blimey, you’d have thought he could have been a tad more inventive with his name change!

      I’ve added them to the post…

  6. Well he’s obviously fake so we shouldn’t use his casino buster! But.. what would a scam like this achieve unless it was asking for banking information? Has anyone actually gone through with it and found out who these people/scam artists are?

  7. I was naive enough to register at “Paid Surveys at Home”. (I’m swedish) A part from being mailbombed, one mail was linked to this guy who looks like he from India but speaks with an american accent. (I forgot his name or should I say nick..)
    Anyway, he shows a DIY-video about register crapy websites with crappy searchwords linked to them and this somehow will make them top-viewed and moneymaking. Any intel on that guy?


  8. Maybe the chap who modeled for the stock photo REALLY IS Dr Peter James Hardy, and this is yet another one of his lucrative, all-pervasive cash generation vectors?

    Did ya’ll think about that possibility?

    Lol. Whenever I see ads like this, my first (and only reaction) is to ask “If it’s so great, then why the heck are you telling me about it, and not keeping the spoils for yourself?”

  9. Found him, typed Doctor James Petersen LSE into google and this website came up like 4th down. Hilarious. knew he was a fake anyway, just made me laugh when others supported that.

  10. I used the site’s online adviser to ask about the connection between Peterson and Hardy. ‘Yan’ openly admitted that the character was fictional.

    I asked if the projected profits were also fictional and why they worked in a call-centre when such a wonderful scheme was available. I was told that they were there to answer ‘technical’ questions and stopped typing.

  11. LOL just got the Online Wealth Generation popup but in swedish at my comp! damn the guy knows alot of languges, he must be super smart u should trust him 😉

  12. Many thanks for this post, i received an email from these con artists and did a web search for “Dr. James Petersen, bsd,PhD.” and this thread popped up top of google.

    Great stuff and thank again.

  13. There’s always a ‘tell’ as in any gambling. Badly formatted articles and “You will earn up to £600 a day and more”. Well make your mind up old chap.

  14. how come you are advertising a system that made you a “risk free” £438 on the heading of this page insiders edge?!? i clicked on it as you are so high and mighty claiming that this DR is such a bad guy and you and holier than thou. followed the link and it took me to a SCAM website, where you want me to pay £37 for some loop hole crap?! yea right. talk about double standards. youre a disgrace!

  15. He goes as far as to suggest donating him with paypal at the bottom of the page to enable keeping this project running for free. So cute, almost wikipedia! And the link to donate leads to paypal website where the use is suggested to donate to some “RBPlus”. The SSL certificate seems correct so, probably, it isn’t a sort of nested scam but really is paypal – dr.Hardy doesn’t cheat you at least there, he doesn’t want your paypal login/pass, he just wants to be donated 🙂

    There is “Norton secured” sign to the left of the “download the program” button so you can be “sure” it doesn’t contain any viruses. So kind!

    What is certainly amusing is that his Russian is damn fluent, it must be that he finds locals to collaborate with in every country he acts in. Pretty serious approach, which leads to assumption that it, most probably, is some sort of organization rather than a solitary person.

    Health and wealth to every honest one!

  16. Hello I have only found your web site today,it is great work you all do…
    I have read it being asked, How can these people practically give away their “Roulette Bot Plus” and similar gaming software for next to nothing and still make a living ?…Glad you asked.
    These Product lines like “Dr Peter James Hardy and Online Wealth Generation” “Roulette Bot Plus” have an agreement – affiliation with the casinos, bookies and others where they get paid by the casino when you use their software in these gaming sites. They will say how their unique decoding software works exclusively with the casinos that are present in the selection list, How each and every one of these casinos are absolutely trustworthy, And that Only casinos with valid licenses and secure encryption are listed., telling you how you need to use their software with these exclusive casinos they give you in the selection .. Why?
    Because in the software is a unique identifying code embedded letting the casinos know who the software manufacture is,this enables the gaming site that we visit to identify and pay the manufacture / distribute a commission for every individual that plays on the gaming site.
    Basically the more people they distribute their software to that gets use it in the or at the casino, the more commission is made by the distributor. This is why we are told to use ONLY the Casino’s they tested and recommend, or i should say affiliated with so that they can keep get payed.
    And these Software do not decode the casino’s “random number generators”.

  17. Wonderfull research, with our compliments.

    These Dr.-crooktypes will come up probably the coming years more and more thanks to the (financial) crisis, bankrupted people and the rising unemployment figures in Europe.


  18. In The Netherlands he calls himself dr. James Patterson, and he claims I can make 600 euros a day. Always too good to be true. I think this site just steals your money, without giving anything back. This kind of internet-stealing is well-known and the story behind it is always a lie. In The Netherlands the site even says that newspaper ‘The Daily Telegraph’ wrote an article about this system. Many people claimed to the Daily Telegraph that they are rich, because of this software, yeah right… All a lie. How long would it take before television documentary-series will research this, or that the police shuts this site down? Lat deatil: It’s Norton secured! Yeah, right, don’t let them rob your money. You can read the perfect, ‘too good to be true’, story here (Unfortunately, it’s in Dutch, but that’s what we have to believe in The Netherlands. All a lie… Poor scammers…

  19. He is back as Dr. James Patterson.

    I hope ppl remember: If it is almost too good to be true – It probably is…

  20. Great article,but how stupid can anyone be to actually believe this kind of ads??even if someone tells me i could win easy on internet 20$ a day i dont believe,there are no easy money in this world.Even stealing brings you alot of problems,stop being stupid people,most of you not all.

  21. Hi,
    I just had the same offer so the email is still in circulation. This time from Dr James Petersen.
    However your article is excellent at expsoing him.

    Did you realise however that your ad serving software presents their companies advert at the foot of this very page! Oops….
    Recommended for you
    Review: Online Wealth Generation – Dr Peter James Hardy
    Review: Online Wealth Generation – Dr Peter James Hardy
    Is Dr Peter James Hardy’s ‘Online Wealth Generation’ system a scam? Ok, Online Wealth Generation from the fabulously named ‘Dr Peter James Hardy’ is …


    • Hi Tim, thanks for the comment!

      Those aren’t adverts you can see there, they’re actually ‘recommended reading’ links which take you through to other articles I’ve written.

  22. Please do not be so rude about this man! The poor guy doesn’t even know his photo has been used by these scums!I think this dark side of the internet should be enlightened! Where are the e-cops?!!

  23. Dr? Também me pareceu. Se ainda acreditamos no Pai Natal? (Papai Noel) Claro que sim! E você, dr. da trêta, também acredita na TROIKA?
    Cá também temos engenheiros que fizeram o curso sem ir às aulas!!!!!!!!!!!!

  24. I was just about to put some money into one of those casinos from ‘Dr James Patterson’ 600 quid a day Roulette bollocks. Thankfully i researched a little and found this page immediately.
    But i am still curious to know if anyone has actually tried this… All these posts and there seems to be no sign of anyone who actually put money into one of these casinos and actually lost…
    If anyone has a story to tell where they put money into one of these sites, and am intrigued to hear.

  25. Tried this with “fun” money on King casino. I can only play in 4 casino’s. In the promo video on you can pick from about 15 casino’s…All these 4 are managed by the same company and use the same play software for roulette. First 2 rounds I could play for 24 minutes as in their video and after that I could only play for 17 minutes. Maybe it has to do with me “playing” around with the system clock to try to avoid the 1 hour waiting time between 2 playing sessions. Started with €2000 fun money.
    1 round 1€/spin balance end:+ €2082 :deepest bet ± €140 from 2000
    2 round 2€/spin balance end:+ €2266 :deepest bet ± €190 from 2266
    3 round 2€/spin balance end:+ €2432 :deepest bet ± €400 from 2432
    4 round 5€/spin balance end:+ €43 :deepest bet…….? to much 🙂
    5 round 1€/spin balance end:+ €117 :deepest bet ±40
    6 round 1€/spin balance end:+ €117 => €74 => via 3xred, 0, 5xred, 0, 2xred, o. to €0 ZERO

    Now I’m trying with a different setup without red/black bet.
    So far 2 rounds ok with €167 total profit.(1€/spin,start with €2000 again)

    So just try it for yourself whether with fun or real money and share the results with the readers.

    Have fun and don’t bet your world…!

  26. I have tried and tested one of the casino,s and used the system. I deposited £60 i have got it up to £1000. It has taken about 3 weeks because i haven’t had the time. I only ever play for 20 minutes from the moment i log in and have never betted over £5. I am yet to attempt to withdraw my winnings. I shall report when i have tried

  27. I downloaded the 5 recommended casinos and gave the roulette a go with “play money” using the doubling up,for the benefit of my very big doubt.You do get a same colour come up multiple times and lose all your money doubling up.So I did try it,didn’t work.I suppose I’m in that 0.02% for whom system doesn’t work on the claimed 99.98% success rate.
    I did a search at Massachusetts Institute of Technology for Dr. Peter James Hardy BSc.PhD on the Electrical Engineering & Computer Science dept. with no results(no surprise).Then I read he has so many other aliases.He gets around and multi-lingual as well.Guess I should have found your website 1st.

  28. ANYONE who is desperate to make STRANGERS RICH, is obviously a scammer.

    Do you think Donald Trump make billions by helping everyone else get rich?

  29. Hi, this busy gay have now opened such web page on Serbian language as well… who knows on how many languages he translated this… Scam everywhere …

  30. Hi,

    Thanks for the post! It’s now nearly 2015 and I recently got a popup from this chap (though his name is now Dr. William F. Harvey). I actually bothered researching this one (I usually just close them without even looking) out of sheer intrigue and came here. It didn’t take me a lot of digging to come to the unsurprising revelation that this is nonsense.

    I’ve got a few questions for anyone out there who knows – I’m genuinely keen to find out:

    1) who actually signs up and puts money into any of these things? Anyone who has used the internet must know that anything that appears in a popup or spam email is rubbish.
    2) how these scammers still exist. The early comments on this post come from March 2012. It’s two-and-a-half years later and it’s still doing the rounds. They must be making money from somewhere or they would have retired the scam and come up with something else.
    3) why fraudulent websites like these (plus a hundred others) are allowed to exist. They aren’t hard to find and they must be hosted somewhere. Why can’t you just report such a website to some authority for it to be taken offline? I know there is nothing stopping them just cropping up somewhere else (like ThePirateBay) but can the URL address be blocked or something? Why is it so difficult to eradicate these people from the internet?

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