Showing posts with label scam. Show all posts
Showing posts with label scam. Show all posts

Monday, September 17, 2007

Kevin Trudeau - another lie from a born liar/scammer

After buying Kevin Trudeau's "Natural Cures 'They' Don't Want You to Know About" book after watching his infomercial, I fully expected a book about Natural Cures. Instead it was a rant against the FDA and the FTC saying he wasn't allowed to share "natural cures" because it was against the law. From that point on I've considered Kevin Trudeau to be a liar and a scam artist. After all, why didn't he called the book "Why 'They' Won't Let Me Tell You About Natural Cures". Don't spend an hour long infomercial promising all kinds of interesting "cures" and then deliver NONE.

So today's news that the FTC is charging Kevin Trudeau for violating a court order for misrepresenting his latest book... one for weight loss... is happy, happy news for me. I think this guy ought to get locked up for life. I detest Kevin Trudeau so much that I have to flip the channel immediately if I see him pitching something, and I certainly won't buy anything of his ever again. So I can't provide a book review here, but the FTC says it all:

During the ads, Trudeau claims that the weight loss plan outlined in the book is easy to do, can be done at home, and ultimately allows readers to eat whatever they want. However, when consumers purchase the book, they find it describes a complex, grueling plan that requires severe dieting, daily injections of a prescription drug that consumers cannot easily get, and lifelong dietary restrictions.


While the new charge isn't a surprise, what I didn't realize is that Trudeau has a long history as a con artist, thief and scammer. In 1991 he spent 2 years in prison for falsifying credit card transactions, he was cited in 1996 for questionable marketing practices, in 1998 the FTC had similar false advertising claims as today's, and in 2004 he made false claims about Coral Calcium and was ordered to pay $2 million.

Please, please, please... never, ever buy anything that Kevin Trudeau is associated with. I agree with a handful of his views... but I'm not sure he believes in his own views... unless of course he can make a buck (or millions of bucks).

Digg!

Monday, August 6, 2007

Is it illegal when it's not unique?

I've run across "GDI" or Global Domains International a couple of times. Their business is to sell domain names that end with .ws instead of .com

You can get .com, .us, .net, .biz, .org and .name (and many others) for between $6.95 to $9.75 for an entire year at cheap-domainregistration.com where I buy ALL of my domain names.

In fact, I just looked up my own name for .ws and it's $9.75 for the year. So what does GDI charge? They charge $35 per year AND I have to commit to two years. That's 350% higher!!! Obviously the extra money is tacked on so they can pay something out to their MLM distributors - right? If I were to commit to 10 years, their cheapest price is $24 per year.

So let me repeat - I can buy the SAME .ws domain for $9.75 per year with only a 1 year commitment... or spend $70 for a 2 year commitment if I buy from the company who launched the .ws domain.

Doesn't this sound like paying for recruitment? I mean what's the extra money for? In legal MLM's you pay a small member fee to become a Distributor and get access to CHEAPER prices... NOT higher prices.

So why would you join GDI? Well, it appears it would be ONLY to make money... not for any other reason. "Legal" MLM's need a legitimate product... and while selling .ws domain names is a product... there would be no business for distributors if they didn't charge 350% more for the "product".

To actually be eligible to earn money in GDI you need to spend $10 per month to get a website with email addresses. Well, once again at Cheap-DomainRegistration.com I can get the same thing for between $1.99 and $3.99 per month.

So you tell me... it GDI "legal". Oh, I know the company will tell you they are... but since it often takes years for the FTC or Attorney Generals to go after the illegal ones like BurnLounge... only time will tell.



Monday, July 16, 2007

E4L.biz - scam or legit?

I'm going to call this one a scam... for now. Here's why:

You can find ZERO info on their pay plan. Yet the usual "What would you do if you woke up one day and found you made $10,000.00 or TENS of Thousands of dollars over night?"

So this makes me start thinking "b*** s***" or "scam alert", but this one is free to sign up while they are in "pre-launch".

There are a few problems here..

First - they say "everyone will buy from us because we're going to have cheaper prices". OK - sounds good for customers... but you need a profit margin to be able to pay your sales people (or MLM distributors in this case). One example they use in their "exciting opportunity" audio are new DVD releases that others sell for $29.95" and that E4L.biz might sell for $10, $15 or even $20 less. Uh-huh! So you're saying there are more than 33% to 66% margins in DVD's... enough to pay out "TENS of Thousands of dollars over night"

Second - they are paying "100% matching bonuses on people you personally sponsor". So that means the margins have to be twice as good as what I just pointed out.

Third - and this is what's so bizarre about these guys... THERE IS NO COMPENSATION PLAN written up anywhere. Thousands and thousands of people are signing up... and have no idea how they are going to make money.

So why are they signing up? Well, for one... it's free. I signed up... why not, I just had to give them my email address. Then they have a "VIP" membership for $20. Somehow or other you're going to make more if you spend $20. But again, they don't say how much more... because they don't tell ANYONE how much, or HOW they will make any money.

Now... I'd love to give this company a better review... but I searched long and hard and can't find anything other than marketing hype. So... if you have something to share... please do post a comment here. I'll gladly update E4L.biz to "legit" from "scam" if someone can give me FACTS... and WRITTEN facts that can be made available to everyone. PLEASE - no marketing hype... I've seen the YouTube videos, I'd toured the E4L.biz site AND it's back office... nothing substantive can be found anywhere.