Anil Mangal - Wave Theory

From what I have heard in the YouTube videos Anil Mangal teach 1 hour per day over six week to his new students. Twice a day he will enter the trading room to discuss charts (new/existing students).
Done some more research and have found the following website that has completely put me off.
 
He is a complete scam course seller, Recently he has started with half a million account to show off for marketing his course. Later he has lost alsomost all and cleverly he has removed those videos from youtube. There was a guy who exposed all his scams with his blog anilmangalscam.com. His portal is down now.
I have my friend who has joined some times back and said that he has thrown his money in to bin
 
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