♦ REFRESH to rotate MAAMAW'S CLICKY NOTES thru this space..... Timely Tips, Best of the Boards & More ♦ |
Be sure to visit the Current Message Board when you're finished here. We're very friendly, so don't be shy... just jump right in and post your question. Scams outnumber legitimate biz ops about a bzillion to one, so it's well worth your time. |
| View Thread | Return to Index | Read Prev Msg | Read Next Msg | |
---|
FIB - Scams 101 - Ye Olde Archives
Posted By: Bill Carton - the Roadie <wcarton@flash.net> In Response To: Worlds Perfect Business/Michael J. Siegel (jen)
Friday, 4 November 2005, at 12:01 p.m.
> Anyone know of this business? It's based out of California. We're to pay
> Michael J. Siegel $5k for the training software and to talk to Michael for
> training while using the course, then invest $5K in the stock market and
> use Michael J. Siegel system to pick the stocks and use him as a person on
> call to help for the first year. He gets 20% of the profits for the 1st 6
> months after we start trading. Does this sound like a scam? Anyone know of
> the program?
Since you can always start off by shadow trading, there doesn't look to be a big downside. But you always have to ask in situations like this: "If the system is foolproof, why doesn't the originator just DO IT THEMSELVES instead of selling it to others?"
Because they make more money selling it rather than running it.
The answer to why that's true reveals a little bit about how "foolproof" the system is in the first place. Folks who lose money don't pay any profits and don't write testimonials. Folks who pay a profit share are happy.
But Mel's the real stock specialist. Let's see what Mel says.
| View Thread | Return to Index | Read Prev Msg | Read Next Msg | |
---|
FIB - Scams 101 - Ye Olde Archives is maintained with WebBBS 3.11.
|
PLEASE READ THIS LEGAL NOTICE CAREFULLY BEFORE YOU FILE A LAWSUIT OR EVEN WASTE TIME THINKING ABOUT IT. It has been done before, but never successfully. In fact, the last dodobird who tried it ended up being ordered to pay more than $77,000 in attorney fees ($65,000+ to my attorneys and $12,000+ to my co-defendant's legal advisor).
If your attorney is worth his salt, he's going to tell you that the expense of filing a lawsuit you can't win is a whole lot worse than any "damages" resulting from messages posted on this insignificant little chunk of cyberspace. NEWS FLASH: I didn't just climb down off that ol' turnip truck yesterday. I'm well aware that expressing a negative opinion, relating one's personal experience, and restating provable facts are all legal in this country and do not constitute libel, slander, or defamation -- so you don't want to play games with me, and you sure don't want to start something you aren't prepared to finish. I don't take threats lightly, and I don't accept bribes (or did you call it a "mutually-beneficial arrangement"?). I'll turn you in faster than you can yell, "ARREST ME, I'M SCUM!!" Do yourself a favor and turn your legal team loose in greener pastures. Although we may, from time to time, monitor or review discussions, postings and the like on the Friends In Business (Scams 101) Message Board, we are under no obligation to do so. We are not responsible or liable for any claim arising from the content of any such discussions or postings or for any error, defamation, libel, slander, omission, falsehood, obscenity, pornography, profanity, danger, or inaccuracy contained in any information contained within such locations on the Site. You are prohibited from posting or transmitting any unlawful, threatening, libelous, defamatory, obscene, scandalous, inflammatory, pornographic, or profane materials or any material that could constitute or encourage conduct that would be considered a criminal offense, give rise to civil liability, or otherwise violate any law. You are likewise prohibited from posting any false claims against any company or individual. We will fully cooperate with any law enforcement authorities or court order requesting or directing us to disclose the identity of anyone posting any such information or materials. By posting messages and/or content on the Friends In Business (Scams 101) Message Board, you give permission for Lesley Fountain/Friends In Business/Shoestring Success Publications to display, distribute and use the posting and content for publication, advertising, promotion, excerption or example. You grant Lesley Fountain/Friends In Business/Shoestring Success Publications complete, perpetual, but non-exclusive rights to use, archive, reproduce, adapt, modify, distribute, sub-license, repurpose, rework, compile, or offer for sale or resale the messages, postings or content appearing on this site in whole or in part, throughout the world and universe, on a royalty-free basis without remuneration. If you cannot accept or agree with the terms of service for this website and discussion board, you are advised not to post on this board. In closing, I would like to remind you once again that it is still legal, in this great country of ours, to express a PERSONAL OPINION, as long as it is presented as opinion and not as fact. And finally, all you scammers out there will do well to remember that TRUTH IS AN ABSOLUTE DEFENSE against charges of libel, defamation, and slander... so if you're operating just a hop, skip, and jump ahead of the law, you might want to think twice before doing anything stupid... (AND SHAME ON YOU!!). |