A snake oil salesman is someone who sells something phony — typically a medicine that promises to cure all that ills you. Funny enough, though, the original snake oil actually worked! In the 1860s, when Chinese laborers were building the Transcontinental Railroad in the United States, they brought with them a ointment made from Chinese […]
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Is putting a sandwich in a can and calling it a “Candwich” the next can’t-miss billion-dollar idea? According to The New York Times, even if it is, investors in Utah who put $145 million in the hands of a money manager named Travis L. Wright will still have thinner wallets. A lawsuit by the federal
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It must be something in the air. I’m hearing more and more marketers promote their program by saying “I only promote programs that pay 200%, 300%, or 500% commission!” I saw one marketer selling a $10 a month MLM product that paid a $100 commission bonus when 5 sales were made in one week. He
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FTC: Six online marketers agreed to settlements with the Federal Trade Commission that will permanently halt their allegedly deceptive practice of using fake news websites to market acai berry supplements and other weight-loss products. As part of its ongoing crackdown on bogus health claims, the proposed settlements will require that the six operations make clear
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PC Mag is reporting that researchers at GFI Software, formerly Sunbelt Software, have uncovered a scam that generates fake Amazon.com receipts in order to dupe merchants into paying unwarranted refunds. The online tool asks for the details of the fake transaction to enter in the fake receipt, and then generates an HTML file containing the
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Victor Baca thought he had an invention that would make him rich… but ended up calling KUSI’s Michael Turko with a real problem. Turko says the man spent big bucks trying to turn his dream into reality, but ended up with next to nothing to show for it.
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Colorado’s Secretary of State and other officials are warning the state’s 800,000 or so registered businesses to watch out for scammers who have been forging business identities to make fraudulent purchases from several big-box retailers in recent months, reports PC World. The corporate identity thefts itself were possible because of what appears to have been
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With thousands of people out of a job right now work at home schemes are popping up all over the internet, Vegas’ 13 Action News reports. The latest one involves Twitter. Scammers are using the pitch that you can make money by sending emails or posting links on Twitter or by placing ads on Google
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Scammer ingenuity knows no bounds. In 2010, as in years past, more criminals are taking the trouble to craft schemes, fudge websites, and get rich off the tight economy and the consumer desperation that goes along with it. WalletPop presents a list of the top ten scams to look out for. “Free trial” scams Deceptive
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Lies, fake news about Facebook and outright scams have grown more common on the giant social network than weeds in a Farmville player’s fields. ReadWriteWeb reports that now the problem has reached the very top of the organization, with one of only four members of Facebook’s hyper-exclusive Board of Directors apparently handing his account credentials
Scams So Rampant on Facebook, Top Exec Falls For One Read More »
