Archives for Scams To Avoid - Page 3
I have had many requests by my subscribers to share my personal opinion of the Rodan + Fields business opportunity. The time has come for me to do that. What I found very disturbing about this business opportunity is that when looking for information on Rodan + Fields I found the following post "Stop & Read: The Scam that is Rodan + Fields". This post is by a representative of Rodan + Fields who goes on to tell you that it is not a scam. Clearly people are concerned that Rodan + Fields is a scam.
An Initial Coin Offering (ICO) is an unregulated means of crowdfunding via use of cryptocurrency, which can be a source of capital for startup companies. In an ICO a percentage of the newly issued cryptocurrency is sold to investors in exchange for legal tender or other cryptocurrencies such as Bitcoin. Since ICOs are unregulated, scammers have free rein to tell you anything to get your money. Don't let these scammers take advantage of you.
MLM companies try to take on the banner of continuing the long tradition of direct sales. In my opinion, many are continuing the tradition of snake oil salesman. Lotions, potions and pills are the foundation of many of the top MLM scam companies. These lotions, positions and pills seem to help with almost everything. Just like the products that snake oil salesmen offered. My subscribers have requested that I take a look at the Juice Plus unique Franchise. Here is what I have found.
Cryptocurrencies are the hot investment these days. With the rising price of bitcoins, countless people are trying to cash in on the craze. My subscribers have asked me to take a look at BitConnect. Like any commodity, cryptocurrency prices change with supply and demand. At any moment the market can collapse. BitConnect claims to step in and provide stability.
There is a continuous stream of scam cryptocurrencies that are being created and promoted to people. One of them has just been shutdown in Ukraine. The Prosecutor General's Office together with the National Police uncovered an illegal scheme aimed at taking funds of individuals under the pretext of the introduction of a cryptocurrency.
There seems to be a never ending stream of investing scams that are rolling out these days. Automated investing combined with FOREX seems to be the sweet spot. Add a dash of Bitcoin and the story is complete. Take something that few people understand and automate it. What could possibly go wrong? My subscribers have requested that I take a look into USI-Tech. Here is what I have found.
A large scam that is run all over the world is the binary options scam. The home base for many of the companies that run these scams is Israel. Investing with these companies offering binary options should be avoided. It can be nearly impossible for you to recover your money. My subscribers have requesting I take a look at 24option. Here is what I have found.
Purchasing an online store that sells goods and services has been tried before in the MLM world. An example of this was BurnLounge which sold opportunities to operate on-line digital music stores. BurnLounge ended up being shutdown by the FTC. Global Wealth Trade (GWT) gives you the opportunity to sell fashion products through an online mall. My subscribers have requested that I take a look at the Global Wealth Trade business opportunity. Here is what I have found.
Cryptocurrencies, such as Bitcoin, have become popular and serve as a type of money. They may be traded on online exchanges for conventional currencies, including the U.S. dollar, or used to purchase goods or services. Scammers are looking to take advantage of this popularity. They are now offering schemes which promise high returns for getting in on the ground floor of a growing Internet phenomenon. My subscribers have requested that I take a look at The Billion Coin. Here is what I have found.
Wealth Partners Publishing was founded in 2009 with a single title about earning money through self-publishing. They claim to have helped many individuals realize their dreams of being an author. Members of their program are claimed to be able to make money by purchasing the rights to resell a direct mail marketing course. It looks like this is actually not the case.
Weight loss products come in an endless variety. Many use claims that are not backed by science to take your money. These types of products are popular for MLM recruiting scams like Herbalife. My subscribers have requested that I take a look at the Valentus business opportunity. Valentus is a MLM company that sells weight loss coffee products. Here is what I have found.
One of the many scams that people who want to work from home will run into is the re-shipping scam. This is one of those scams that almost seems legitimate when you are first contacted about it. When you look a little deeper, the offer is a little too good to be true.