- Be your own boss?
- Make some fast money?
The following video from the Federal Trade Commission is a must watch to learn about these scumbags. It helps consumers understand how easy it is to be conned–and how to avoid fraud. Real consumers, who fell for the pitch, tell their stories and a former scammer gives an insider account of how these operations use high-pressure tactics and how consumers can protect themselves.
Finding legitimate work-at-home jobs is a REAL challenge?
- I advocate legitimate work from home opportunities.
- I expose ripoffs, scams, and people who promote these bad companies whenever I can.
- I encourage you to share your knowledge/experiences.
While searching the newspaper/Internet you may find ads/posts offering work-at-home jobs/opportunities. I know it’s tempting to believe you can make money in direct sales, but from the research I’ve done, the majority of people lose money with MLMs (multilevel marketing).
Please take some time to research any company by doing a simple Google search using the name of the company and the word review or scam; check out the links below and use your best judgment before handing over your hard-earned money.
Consumer Advocate site that you can search before you do business with retail stores with bad return policies, checking & credit theft, rebate fraud or other unscrupulous business policies such as phony auto repairs, auto dealer bait-and-switch tactics, restaurants with bad service or food, corrupt government employees & politicians, police corruption, home builders, contractors, unethical doctors & lawyers, online stores that sell non-existent products, dead beat dads & moms, landlords & tenants, fraudulent employment & business opportunities, and individual con artists who scam consumers.
Cyber Museum of Scams and Frauds
A public educational website covering a wide variety of financial scams & frauds including wacky “prime bank” frauds, exotic foreign currency scams, offshore investment frauds, tax scams, “Pure Trust” structures and more…
Snapshot of MLM RED FLAGS:
(For more details, go to the link above)
- Look for a celebrity in their advertising campaign.
- Are they hiring you to sell their products, but want you to buy into the program?
- Must you purchase advertising materials or samples?
- Must you pay to go to “training seminars”?
- Is only the BIG CHEESE making money?
- Dropout rate for MLMs is 98%; meaning the 2% of have been brainwashed and programmed to believe in the product.
- Most MLMs are marketed to people who are down-and-out and desperate.
- Active Distributors will defend their program and products until they move on the next MLM.
- Required to build a big “downline” to be “successful” if you want to retire with seven-or-eight-figure income.
- Since 98% is the drop-out rate, you probably won’t build a big downline.
- None of these programs last long (except Amway).
- The odds are slim that anyone in your downline will make much money.
Reality: your chances of long-term residual income with MLM is zero.
Many links to popular Multi-Level Marketing schemes
Why 90% Fail Miserably at MLM (Business Lyceum)
Multi-level Marketing (MLM)….to be continued…