Morgan Johnson of the Digital Altitude scheme that falsely claimed it would enable people to earn substantial income online, and Upside LLC used to process consumers’ credit card payments, are banned from selling business coaching programs and investment opportunities under settlements with the Federal Trade Commission.
Bobby Eugene Guess, who at one time touted his investment skills through a radio show called “Dollars & Sense” and with in-person financial seminars, was sentenced to 12 years in prison on July 3 for fraud in the sale of millions of dollars in securities in a worthless internet company.
Back in February, the FTC shutdown the Digital Altitude scam. The Receiver released their first report on the Digital Altitude scam in March. At that time the Receiver believed that the business could not be operated legally and profitably. This conclusion remains the same in their second report.
Official word has arrived from the FTC today on the fate of My Online Business Empire (MOBE). A federal court has halted the MOBE scam and frozen the companies assets at the FTC’s request. They have been charged with bilking more than $125 million from thousands of people.
Since MLM scams have developed such a bad name for themselves, marketers are taking advantage of the dislike of MLMs to sell money making opportunities. One money making opportunity is now named "This Is Not MLM". My subscribers have requested that I take a look into the "This Is Not MLM" money making opportunity. Here is what I have found.
The Amway business opportunity has proven after 50 years that year after year it produces billions for the company and little for the active Independent Business Owners that are doing the actual work. There has not been a financial revolution for Amway IBOs in the United States and now most of the income for Amway comes from outside the United States.
Every once in a life time there comes along an opportunity that will change your life forever. HoweyCoins is that opportunity. You don't want to jump on this just once. You want to jump on this twice.
DasCoin, which dubs itself the currency of trust, is a hybrid cryptocurrency that works similarly to OneCoin. Anyone who invests in DasCoin does so through NetLeaders, where you use real money (ranging from €100 to €25,000) to pay for your NetLeader license. The higher your investment the more cycles you receive and the greater the amount of DasCoins you can receive by using those cycles.