"Is this legal?
Yes, Sitewealth Club its 100% legal. In return for your investment, you are given access to the list of e-books indside our membership section. Any program that provides a product of any kind is legal."
First off, how is it that none of the scam artists can spell? They use "its" instead of "is" to say that it's legal, and spell "inside" with an extra "d". Morons.
But is it legal? Fat chance. Even if it was, PayPal will probably shut it down before you read this blog. They barely leave room for legal MLM's, and none for outright pyramids. From PayPal's Acceptable Use Policy
"Prohibited Activities
You may not use the PayPal service for activities that:
3. (b) support pyramid or ponzi schemes, matrix programs, other "get rich quick" schemes or certain multi-level marketing programs"
So Sitewealth might get lucky and get shut down by PayPal before the Feds step in and sue their asses into the ground. The idea that you can sell "any kind" of product to avoid legal problems is utterly ridiculous. Either Sitewealth is full of total idiots (probably given their inability to spell) who actually believe that, or they are purposely scamming people. But the law doesn't care that you made a mistake when it's really easy to discover what you're doing is illegal.
If it were true, I could sell blank pieces of paper... or the good guys at Sitewealth were even more clever... they're selling electronic paper... eBooks. You pay only $2.50 and receive access to worthless eBooks and that is supposed to make the illegal pyramid scam legal. They have no costs, and create a downline where they are at the very top.
And guess where I discovered Sitewealth... on the E4L.biz forum where only idiots roam. They still haven't figured out that Lorna's pyramid scam is illegal. Nor do they realize that "biz" will ever actually launch.
