Is Teeka Tiwari’s 1170 Account Legit?

Wondering what Teeka Tiwari’s 1170 Account is about?

Teeka Tiwari has been promoting a new presentation called The 1170 Account in which he claims “How Big Banks Robbed The President”.

It concerns a landmark decision made on 22nd July, 2020 by the government of the United States that created a special account that Teeka believes can earn you more than 172x what the average retiree is getting from their savings account.

He says that investors have already put up more than $1.75 billion and that you shouldn’t be left behind.

In this article, we will be going through all the key points Tiwari raised during his presentation so that you will be in a better position to decide whether you will take his advice.

Before I start…

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Is Teeka Tiwari's 1170 Account Legit? 5

The 1170 Account Review

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Introduction to The 1170 Account 

Teeka Tiwari talks of a new kind of account i.e. the “1170 account” investment account that offers better gains than an average savings account. It is not a standard bank account although it is offered by regular banks.

The 1170 Account

Several elite investors including the famous PayPal co-founder, Peter Thiel, have already invested more than $150 million into it. Likewise, the former executives at Microsoft, Deutsche Bank, the U.S. Department of Defense, American Express, Bank of America, Prudential, and Barclays are also a part of it. 

According to Teeka, the special 1170 account can earn up to 8.6% interest rate as opposed to 0.05%, which is the average rate brought in by an ordinary savings account — and the source of his “172X” figure.

So, anything more about the 1170 account?

The Office of the Comptroller of the Currency (OCC), which regulates national banks, published “Interpretive Letter #1170” that allowed national banks to allow clients to open the new high-yield accounts.

These accounts are blockchain-based. This means that the banking sector will be more receptive of clients holding crypto assets.

This echoes what Tiwari said in another presentation titled “New Banking Rule Set to Affect 234 Million Americans” in which he said that the OCC was letting banks create accounts that could hold cryptocurrencies.

The link between the new accounts and blockchain is what makes them high-yielding because they will be leveraging the growth potential of the technology. At the World Economic Forum, they projected that blockchain could grow by up to 295,000 percent by 2027; a figure Tiwari derived from the expectation that 10% of global GDP will be stored in blockchain.

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Who Is Behind The 1170 Account presentation?

Teeka Tiwari is one of the most ubiquitous names in the world of newsletter gurus. He is the lead analyst at Palm Beach Research Group.

He joined the finance industry in 1989, when he got his break on Wall Street.

Tiwari is keen to tell us that he did not belong to a rich family, nor did he possess an ivy league education.

Instead, he landed in America when he was sixteen years old from the UK, with just $150 in his pocket. From there, he worked hard to advance his career and learned the tricks to grow wealth by making smart investments. 

Teeka Tiwari is now a retired hedge fund manager and he now spends most of his time helping regular Americans make more money as investors. To achieve this, he edits newsletters like Palm Beach Crypto Income Quarterly, Palm Beach Daily, and Palm Beach Venture, just to mention a few. 

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How to make money off of The 1170 Account

Teeka Tiwari has set his sights on one financial institution that has been offering these special accounts and has a two-year head start over other institutions.

It appears that he wants us to invest in it because he says that several elites (billionaires, former executives, and celebrities) are plowing money into the company.

He reveals everything there is to it in a special report called The “1170” Account: How to Earn Up to 172X More in Retirement.

To get your hands on the report, you must subscribe to The Palm Beach Letter. It is the flagship newsletter offered by the firm and it is headed up by Teeka Tiwari.

He sends his subscribers monthly newsletters with new investment opportunities involving stocks, cryptos, commodities, real estate, and precious metals, just to name a few.

If you subscribe via the pitch, in addition to the aforementioned research report, you will receive a few others for free, namely:

  • The 295,000% Revolution: The #1 Blockchain Stock to Own Today
  • Blockchain “Moonshots”: Three Chances to Turn $1,000 Into $1.6 Million
  • America’s Untouchables: The Ultimate Portfolio Protection
  • My No. 1 Way to Own Gold

Subscription Fee

The annual subscription costs $49.

Refund Policy

The Palm Beach Letter has a 60-day money-back guarantee.

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Is The 1170 Account Legit?

The 1170 Account is a legitimate presentation in which Teeka Tiwari introduces us to yet another way to invest in blockchain. 

Many other gurus have proposed different ways of investing in the Blockchain. I can recall reviews I have done of presentations like SDR Block Chain by Jim Rickards and $16.8 Trillion Reboot by George Gilder where they each touted stocks or other assets that could benefit from the mass adoption of the technology.

He is also right about interest rates since we have seen the amounts paid to savings accounts dwindling over the years and could genuinely do with alternative investments.

However, there are no guarantees that you will earn the sort of returns he is promising. Don’t forget that he is embellishing his opinions as he is trying to sell a newsletter.

The 1170 Account Verdict

Although The 1170 Account is an advert for the Palm Beach Letter, we learn that it is also about investing in blockchain.

Now, savings accounts haven’t been earning decent returns over the past few years; what they bring in is nowhere near the yields we saw in the past and that has been exacerbated by the coronavirus pandemic (and the lowering of interest rates that has been implemented as part of QE).

Therefore, Tiwari saw this as an opportunity to present us with an alternative form of investment that he claims is more secure than things like penny stocks and has the potential to grow exponentially in the years to come.

All this is tied to his newsletter. For $49/yr and all those add-ons, it looks like it’s worth trying (you can always cancel within 60 days) but you shouldn’t subscribe until you are sure about what you are getting yourself into. Do more research before you give it a try.

Before you leave

If you’re tired of scams and want a real solution for making money online check out my no.1 recommendation.

It’s helped me earn over $300,000 in the last 12 months alone:

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(This is a 100% free training)

Is Teeka Tiwari's 1170 Account Legit? 5