Pulse, Hex and Richard Heart

I have recently heard from friend of mine about Richard Heart. This friend portaid Richard as some sort of Philanthropist, the savoir of humankind and the choosen one who is going to free us all up from the chains of wicked bankers. While listening to this lecture I made an opinion that it sounds like a god damn scam. However, the more I read different opinions the more I can't say whether my guts were right or not. So, what should I know and be aware of when it comes to that guy and projects related to his figure?