Beware of Ponzi, MLM schemes!

Beware of Ponzi, MLM schemes!

This article contains a good explanation of the difference between legitimate MLM and Ponzi schemes. A must-read if you have any doubts about how to tell them apart.

Work-at-Home Scams: They Just Don't Pay!

National Consumer Protection Week is February 6 - 12
Distribution Source : PRNewswire
Date : Monday - February 07, 2005

This is a press release from the US Postal Service that will help you determine if you're looking at a scam or not.

They'll even send you a free DVD, "Work at Home Scams," visit http://www.usps.com/postalinspectors to request it. It's completely free.

Snipped from the story: "The newest scam is reshipping fraud. Work-at-home shippers are promised substantial amounts of money -- all they have to do is receive, repackage, and then mail merchandise to a foreign address. What the shipper doesn't know is that the merchandise was paid for with stolen credit cards. In effect, the work-at-home shipper becomes part of a fencing operation by receiving and mailing stolen goods. Reports to date indicate the scam has cost victims thousands of dollars, but as long as the ads appear, people unaware of the fraud continue to respond."

And they go on to say: "Other work-at-home jobs may involve product assembly, craft work, and multi-level marketing. Some ask victims to front money for products or more detailed instructions. Others require that you recruit other people to do the work -- which continues the fraud."

My comment here is that this is a somewhat misleading statement. It looks like they are saying ALL multi-level marketing is a scam. Untrue, so make sure to not be misled, even by those tyring to help you. You can get a solid overview of what multi-level marketing is by viewing this video: "Brilliant Compensation" at my website, MLM Work At Home.com.

Here's the link to the full article: Work-at-Home Scams: They Just Don't Pay! It's short and well worth the read.