Tuesday, March 17, 2009

Cali Cracks Down on Internet Scams

We all know the routine of the get rich quick scheme, and it starts with something like this:

"Are you ready to claim YOUR share of eBay's annual $3.2 Billion in revenue? By attending our FREE 90-minute ‘eBay Entrepreneur Training' Conference you will learn how eBay PowerSellers run successful Internet businesses and how an elite few use additional strategies to boost revenues way beyond the average seller. Learn how nearly half-a-million people create full-time incomes using eBay!"

For only a 'small' initial investment (in this case, between $2700 and $6,000), a company will claim that a investor can earn a full time income, all from the comfort of their own home. Obviously, claims like these are completely false, and investors always end up loosing far more on their 'business' than it generates. Do people really still far for this sort of thing?

Unfortunately, the answer is a resounding yes. In response to a recent scam (the example used above), the Califonia Attorney general is seeking restitiution on behalf of dozens of California residents duped by it. It's really shocking in today's age of information technology that ignorant, gullible consumers still remain an undying breed, but unfortuately, today's consumer seems just as uninformed as ever.

Source:

California Cracks Down on Internet Get-Rich-Quick Scams

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