Network Marketing Scams: The Good, the Bad, and the Ugly!Are network marketing scams the first thing you think of when you hear the words network marketing? It is for some people! Network Marketing Companies are possibly one of the most controversial subjects on the planet – especially when it comes to the idea of homebased businesses. It generates more positive and/or negative feelings from more people than from just about anything – other than religion or politics. As a network marketer, you can sell or purchase anything from anti-aging creams to zippy fuel additives. So, the question is, which companies are the real deal and which are the mlm scams that will take you to the poor house? Zelda's Proverb
What makes people react so negatively at the thought of network marketing companies? **Maybe it’s because legitimate MLM companies are sometimes compared to illegal pyramid schemes. What is a pyramid scheme anyway??? It is a scam that is set up by a con artist. What happens is, all the money is made by those at the top of the pyramid when they sign people up to be distributors, and also when no products or services exist! The people at the bottom of the pyramid NEVER make any money. The scheme is designed that way! People often mistake a pyramid scheme for a network marketing scam, but in reality most of the scams today are really a pyramid scheme or a ponzi scheme. If you have surfed on the internet for any substantial amount of time, then you've probably come across some ads that are definitely eye-catching. They use catchy phrases such as “Make Thousands of Dollars With Free Work From Home Employment!” or “Earn $5000 in Fifteen Minutes A Day!” or even Free MLM Leads!!! These ads can be enticing to those who are always looking for ways to improve the condition of their lives, BUT, more than likely, they are screaming INTERNET or NETWORK MARKETING SCAMS! MORE about other types of Internet or MLM SCAMS . . .This article about Robert Allen Stanford and the latest fraud case in the US, is an example of how anyone can be a victim of a scam if they don't keep their eyes open!!! This article about internet scams details how Americans got bilked out of $240 MILLION in scams involving anything from check cashing schemes to pets. This article about dating sites like Yahoo Personals and MySpace are the latest target of those Nigerian scams are dating sites and singles chat rooms. More news about online scams in social network sites like Facebook and classmates.com. E-mail scams that phish for personal info may be on the rise according to the FTC, this article reports. Money-laundering schemes are pitched in spam e-mails as work-at-home jobs in this unbelievable story. WATCH OUT!!! Even the government stimulus checks are fodder for fraud! Identity thieves, in this article, send spam purporting to come from companies that are still hiring! Exit Network Marketing Scams and return to Ponzi Schemes
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