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Network Marketing versus Pyramid Scheme Scams

By Ripoffs Scams, on November 20th, 2009%

One of the biggest fears of the prospective network marketer starting their first home based business is that it will be percieved as a Pyramid Scheme. This is entirely understandable, when we consider that Pyramid Schemes have been around for over a century.

Let’s have a look at the two models:

Pyramid Schemes – Now illegal in most . . . → Read More: Network Marketing versus Pyramid Scheme Scams

If Pyramid Schemes Are Bad Then Why Is The Federal Reserve Modeled After One?

By Ripoffs Scams, on November 19th, 2009%

so from what i understand the feds loan money to our goverment with interest and the only way to pay this interest back is by borrowing more money which gives us more interest. i know its more complicated than that but im not going to type out a book and have you guys read it . . . → Read More: If Pyramid Schemes Are Bad Then Why Is The Federal Reserve Modeled After One?

Pyramid Scheme Gifting Circles: What Are They Really And What Is The Problem With Them?

By Ripoffs Scams, on November 18th, 2009%

If you are looking for a home business and have been doing a lot of research online, then you may have heard of the concept of Gifting Circles or Gifting Clubs by now. Well, let me just start off by warning you: Gifting Circles and Gifting Clubs are illegal! But why? How can you avoid this . . . → Read More: Pyramid Scheme Gifting Circles: What Are They Really And What Is The Problem With Them?

The Network Marketing Industry –a Pyramid Scheme?

By Ripoffs Scams, on November 18th, 2009%

You often here of a lot of people refer to the Network Marketing Industry as a pyramid scheme. âAll the people at the top make all the money, while others donât.â You may also hear, âto make money at that kind of business you have get into it at the beginning, so you can make the . . . → Read More: The Network Marketing Industry –a Pyramid Scheme?

What’s The Difference Between Multi-level Marketing And Pyramid Schemes?

By Ripoffs Scams, on November 17th, 2009%

Questnet – Multi Level Marketing (mlm) or Pyramid Scheme? – Part 1

By Ripoffs Scams, on November 16th, 2009%

Before I got to know about QuestNet, I knew several illegal schemes. Many I learnt about from research but one of them had hit me some time in 1997 while I was at university. Soon after discovering that the scheme was illegal and of course a pyramid, I thought Iâd never participate in anything similar to . . . → Read More: Questnet – Multi Level Marketing (mlm) or Pyramid Scheme? – Part 1

So Are You Ready To Get Scammed By Fuel Additive Pyramid Schemes?

By Ripoffs Scams, on November 15th, 2009%

They always seem to pop up during gas crises times.
Personally I like the green . . . → Read More: So Are You Ready To Get Scammed By Fuel Additive Pyramid Schemes?

When Will America Put A Stop To The Madness Of Corporate Abuse? Remember The Pyramid Schemes Of Yesteryear?

By Ripoffs Scams, on November 15th, 2009%

What can the younger generations do to NEVER have to fall victim to the same scams that so many of the senior citizens have . . . → Read More: When Will America Put A Stop To The Madness Of Corporate Abuse? Remember The Pyramid Schemes Of Yesteryear?

How Can Real Companies Be Called Pyramid Schemes If They Offer Legit Products?

By Ripoffs Scams, on November 14th, 2009%

for example Primerica is considered a pyramid scheme because you get paid to bring people in and then have them sell the product and hire new people and etc. but its a legitimate company so why should i be so shunned upon. businesses work differently why is this so bad? just wondering i dont work for . . . → Read More: How Can Real Companies Be Called Pyramid Schemes If They Offer Legit Products?

The Difference Between Pyramid Schemes And Multi-level Marketing?

By Ripoffs Scams, on November 13th, 2009%

I get 1 couple thousand and more a day emails…..Because I tried my hand at trying to make a buck on the internet.Well it didnt work for me,it just wasted many hours of time.My question? They say pyramid schemes are illegal?But do you ever really pay attention to all these so called great programs?
They all seem . . . → Read More: The Difference Between Pyramid Schemes And Multi-level Marketing?

MLM Scams and Pyramid Schemes

By Ripoffs Scams, on November 12th, 2009%

What is an MLM, Multilevel Marketing Company or Network Marketing Company? It is simply any company that pays it’s members on more than one level. In other words you get a percentage of the sales of any person you introduce into the company. Now that you know this, how many Multilevel Marketing Companies do you belong . . . → Read More: MLM Scams and Pyramid Schemes

What Happens To People Who Participate In Pyramid Schemes And Get Caught?

By Ripoffs Scams, on November 11th, 2009%

Please only answer if you have actual experience or know someone who does.
I didn’t even know they were illegal, but I got an offer to participate in one and decided to do some research to MAKE SURE IT WORKS.
Turns out its actually not even legal
So what happens to these people who start pyrimad schemes and get . . . → Read More: What Happens To People Who Participate In Pyramid Schemes And Get Caught?

How Are Pyramid Schemes Bad?

By Ripoffs Scams, on November 11th, 2009%

Can you help me explain to someone how pyramid schemes are bad? I know what they are, and someone I know is involved with it, but I want them to understand why it’s bad, because all they know is that they are making extra money and that it’s a good thing for them. I . . . → Read More: How Are Pyramid Schemes Bad?

Network Marketing and Pyramid Schemes What the Dif?

By Ripoffs Scams, on November 10th, 2009%

Pyramid Schemes vs. Network Marketing Company.Wow!! I’m sure you’re about to get your pen and paper out. This is such a big long topic and I can’t begin to tell you about what is bottled up inside of me right now.So I am going to take it slow. What is a Pyramid Scheme?? Well, to be . . . → Read More: Network Marketing and Pyramid Schemes What the Dif?

Under What Conditions Are Pyramid Schemes Legal?

By Ripoffs Scams, on November 8th, 2009%

I posted a question regarding PrePaid Legal services that I suspect is a Pyramid Scheme. I had 2 responses. 1 response
stated that if they meet certain criteria they are legal without giving any details. IF this is true, then under California law, what criteria must be met to make . . . → Read More: Under What Conditions Are Pyramid Schemes Legal?

Top 10 Scams and Rip-Offs
1.Scams and Rip-Offs} Acai Supplements and Other “Free” Trial Offers – Ads offering trial offers for teeth whiteners, acai anti-aging pills and other miracle supplements blanket the Internet, including trusted Web sites of national news organizations. The marketing campaigns often falsely claimed an endorsement by Oprah, Rachel Ray and Doctor Oz. Thousands of consumers complained to BBB that the free trial actually cost them as much as hundreds of dollars, month after month.

2.Scams and Rip-Offs} Stimulus/Government Grant Scams – Even before President Obama announced the stimulus plan in February, scammers had already set up schemes for misleading consumers and small business owners into thinking they could get a piece of the pie. Offers for worthless assistance and advice on how to get government grants bombarded consumers online, over the phone and via mail and e-mail.

3.Scams and Rip-Offs} Robocalls – Owning a cell phone or having their phone number on the do-not-call list did not help thousands of people across the US put a stop to harassing automated telemarketing calls in 2009. The robocalls often claimed that their auto warranty was about to expire—which wasn’t true—or offered help in reducing their interest rate on their credit card. The prevalence of robocalls violating federal telemarketing laws prompted the FTC to increase restrictions on the practice in 2009.

4.Scams and Rip-Offs} Lottery/Sweepstakes Scam – The victim receives a letter in the mail pretending to be from Reader’s Digest, Publisher’s Clearing House or a phony foreign lottery claiming that he or she has won millions. The letter comes with a check that represents only a portion of the total winnings. In order to get the rest, the victim has to deposit the check and then wire hundreds of dollars back to the scammers supposedly to cover taxes or some other bogus fee. The victim wires the money, but the prize never arrives.

5.Scams and Rip-Offs} Job Hunter Scams –Scams targeting job hunters vary and include attempts to gain access to personal information such as bank account or social security numbers and requirements to pay a fee in order to even be considered for the job. Another common scam was reported to BBB by job hunters who were told by a prospective employer that they had to check their credit report before being considered for a job. The job offer is actually a marketing ploy for online credit monitoring that costs the victim every month until they cancel.

6.Scams and Rip-Offs} Google Work from Home Scam – Countless Web sites cropped up in 2009 that claimed you could learn how to make money from home using Google or Twitter and offered a free trial of learning materials. The Web sites often included the Google or Twitter moniker and logo. As a result, many people who complained to BBB thought they were getting a job with Google or Twitter when in, fact, they were being lured into another misleading free-trial offer and were billed every month for the materials and other mystery charges that added up to hundreds of dollars.

7.Scams and Rip-Offs} Mortgage Foreclosure Rescue/Debt Assistance – Many families are struggling in the current economy and hucksters are offering to help them save their house from foreclosure or help them get out of credit card debt. Unfortunately, victims are paying hundreds of dollars up front for the assistance they desperately need but ultimately never receive.

8.Scams and Rip-Offs} Mystery Shopping – Consumers across the country thought that they could make some extra money by becoming a secret shopper and evaluating the customer service of various stores. The victim is asked to evaluate their shopping experience at a few stores as well as a money wiring service such as Western Union or MoneyGram by wiring money back to the scammers. A seemingly real looking check is supposed to cover the costs, but ends up being a fake. The victim is out hundreds, if not thousands, of dollars.

9.Scams and Rip-Offs} Over-Payment Scams – Over-payment scams typically target small business owners, landlords or individuals with rooms to rent and sellers on classifieds or sites like Craigslist. Typically the scammer pretends to be a customer, possible renter or interested buyer, respectively. The victim receives a check for more than the amount requested. The scammers then ask the victim to deposit the check and wire the extra amount elsewhere, such as to a shipping company. Ultimately though, the check is fake and the victim is really wiring money back to the scammers.

10.Scams and Rip-Offs} Phishing e-mails/H1N1 spam – A perennial problem, phishing e-mails pop up in inboxes and can take various forms such as appearing to be from a business, a government agency or official or even a friend. Whatever the setup, the goal of any phishing e-mail is the same: to trick victims into divulging sensitive financial information or to infect the victim’s computer with viruses and malware. In addition to phishing e-mails, spam e-mail selling wares to prevent the spread of the H1N1 virus were particularly rampant in 2009.

Ripoffs scams online internet scams