Seriously? We are NOT still having this conversation, are we?!
Let's take a quick look at some of the more popular how to make money fast models out there, dig a bit deeper and expose them for what they really are.
John Beck's Free Clear Real Estate System classic get rich in real estate system. Every few years these pop up and promise to help millions make millions without credit, money or experience. Buy real estate for pennies on the dollar and make a fortune overnight GUARANTEED!
Aug 23 (Reuters) A U. S. judge has issued a $478 million judgment against the marketers of a series of get-rich-quick real estate infomercials [John Beck's System] that the FTC said duped almost a million consumers with their claims.
ZeekRewards. com money for nothing and your chips for free! This program promised to pay an outrageous return on investment for selling bid token back to the company (who then supposedly sold them to consumers on your behalf). It lasted a little over a year and half and many people did make a lot of money fast. But what goes around comes around…
The Securities and Exchange Commission said it has shut down ZeekRewards. com, a $600 million online Ponzi and pyramid scheme that was on the verge of collapse and had raised money from more than one million customers.
Don Lapre: The Greatest Vitamin in the World classic affiliate marketing program that promised much more than it delivered.
In June, Lapre was indicted for 41 counts of conspiracy and fraud. The case involved the claims of about 222,000 people and approximately $52 million.
There have been literally hundreds, even thousands of other programs, companies and individuals shut down over the years. In June 2016, for example, just one FTC lawsuit named 10 internet marketers, 10 corporate defendants and 51 shell corporations for promoting how to get rich quick products and services. The websites tended to focus on getting government grants, health claims and various “make money” products.
