FTC Cracking down on Gurus

If you consider that the targets of such fraud are going to be typically people out of work, who need a job, and who really can't afford to lose money - this kind of scam / scammer is pretty low.
 
Yea I agree that making people take 20k loans to get a "guru product" that dosnt work is alot different then a 97$ ebook that you can get a refund on anytime you want really.


This just opens the doors for new types of sales pages as well. And just like the new Google Panda update content will be king.
 
Yip i got the same memo:

[FONT=verdana,geneva]2 weeks ago the Federal Trade Commission,
the US Justice Department, the US Postal Inspection
Service and several State and Local law enforcement
agencies announced the results of a full year
investigation into "online success" gurus and companies.
[/FONT]
[FONT=verdana,geneva]They called it "Operation Empty Promises".
[/FONT]
[FONT=verdana,geneva]
[/FONT]
[FONT=verdana,geneva]The result? Dozens and dozens of these "online success"
web sites shut down. Assets frozen, companies taken over
by law enforcement, and charges filed against them by
several government agencies.
[/FONT]
[FONT=verdana,geneva]Companies such as The Shipper LLC and Fortune Learning LLC,
web sites such as WholesaleMatch.com and Brent Austin's
Automated Wealth System are JUST A FEW of those mentioned
in the FTC action.
[/FONT]
[FONT=verdana,geneva]
[/FONT]
[FONT=verdana,geneva]Here are just some of the things alleged in the FTC complaints:[/FONT]
[FONT=verdana,geneva]1. "misrepresented their program's earning potential,
misrepresented the goods and services they would provide"
[/FONT]
[FONT=verdana,geneva]2. "promised consumers they could make thousands of dollars
a week working just 5 to 10 hours"
[/FONT]
[FONT=verdana,geneva]3. " 'coaches' lacked the promised knowledge and experience"[/FONT]
[FONT=verdana,geneva]4. "website-building software programs did not work properly"[/FONT]
[FONT=verdana,geneva]5. "lawyers and accountants the defendants said would provide
assistance were nonexistent"
[/FONT]
[FONT=verdana,geneva]
[/FONT]
[FONT=verdana,geneva]THERE'S A LOT MORE. The fallout from this will be going on
for a very long time. So-called "online gurus" who have
constantly appeared in your email inbox will disappear.
Programs you may have already bought into will go away with
little or no explanation.
[/FONT]

I almost got taken by the "How much money is available on your credit card scam" when i started out. (Courtesy of Mike Filsaime selling my contact info)
Luckily i am a cynical SOB at the best of times, many others not so lucky!

Anyway i'm glad that the FTC is clearing out the bottom feeders!!!
 
[FONT=verdana,geneva]The fallout from this will be going on
for a very long time. So-called "online gurus" who have
constantly appeared in your email inbox will disappear.
[/FONT]

To be replaced almost immediately by either the same asshole gurus using different LLCs or a new group of upstart assholes who don't have the scruples of a starving rabid dog and are therefore completely suited to steal from the poor. :rolleyes:
 
Back
Top