FTC Steps Up Efforts Against Scams That Target Financially-Strapped Consumers

The FTC is getting serious about cracking down on websites that make false guarantees of jobs and opportunities to “be your own boss” to consumers. Consumers who are trying to make it in a struggling economy no less. More than 90 actions brought by the commission and it’s law enforcement partners.

This is serious stuff people! This is several government agencies going after scam artists with empty promises. Of course it politicians accusing others of empty promises is kind of like the pot calling the kettle black – but hey, that’s another topic, for another day, for another blog altogether. *snark*

I just don’t get it, why are people not using their heads?

Don’t, Don’t, Don’t spend money on anything that sounds too good to be true.

Here’s a little trick I learned a LONG time ago and use every single time I want to determine if something is  legitimate or not. Take the product you’re curious about and Google it along with the word COMPLAINT and/or SCAM. If you’re looking up Work at Home Widgets Sucks or Work at Home Widgets Scam you will get any complaints about the company or product as simple as that.

But don’t stop there. Do a little digging – don’t just Google the product, Google the business name, heck, I even Google phone numbers.

Recently there’s one number that calls every day. It’s a robot gal named Rachel. She wants to tell me how to lower my credit card debt. Funny thing is, I don’t have any credit card debt. But simply by Googling the phone number, I learned exactly who is behind the call.

Okay, back to the program here…

One company called Ivy Capital is one of the hot targets on the FTC list. They have allegedly bilked people out of $40 million. 40-freakin-million dollars!

Whoever is behind that should have a nice chilled cell next to Bernie Madoff. What douchebags!

Ivy Capital would help them develop their own Internet businesses and earn up to $10,000 per month. According to the FTC’s complaint, Ivy Capital’s telemarketers asked consumers how much credit they had on their credit cards and then talked them into using a substantial portion of their available credit to purchase a business coaching program. But the promised products and services were worthless, the complaint alleged. Ivy Capital’s “expert” coaches lacked the promised knowledge and experience, its website-building software programs did not work properly, and the lawyers and accountants the defendants said would provide assistance were nonexistent. Consumers paid up to $20,000 for a business coaching program and related products and services but got very little in return.

$20,000 for coaching?

Using my little search trick from above, I Googled Ivy Capital Complaint and Ivy Capital Scam – Go ahead, have a look. Click those links and check out the results. It was just that easy folks. I’ve just saved you a whopping $20,000. Cool huh?

Another thing to keep in mind is most companies will gladly provide you samples of their products and real testimonials of real clients or customers. Read them. All of them.

Last, listen to your gut – not your dreams of windfalls and financial freedom.

I’ve always listened to what my gut was telling me when it comes to business decisions – I just wish I had as much insight when it came to my love life. Again, another topic, another day, another blog. Point being – Listen To Your Gut!

You can always drop me an email too. I love saving people money, especially when it means I’m ripping money right from the hot little hands of scammers.

I’m not going to lie – business is tough. There’s NOTHING easy about working from home – working as an entrepreneur or freelancer. You have to work hard. Money is hard to come by these days – don’t blow it on scams and rip-offs. If you’re looking for legitimate services or products – ask, if I can’t help you I know my network of pals can!

My Comment Commitment: If you leave a comment on any of my posts, I will visit your blog and “share it” in some way whether on StumbleUpon, Twitter or Facebook depending on if I can find a nice fit. This is my way of saying thank you!

Follow us on Facebook

Leave A Comment...