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FIB - Scams 101 - Ye Olde Archives
Posted By: Mel. White In Response To: World Wide Training Center (Tara E.)
Saturday, 27 May 2006, at 2:57 p.m.
> Does anyone know anything or have any experience with the World Wide
> Training Center run by Steve Waters? the internet marketing site that
> claims to if you follow their "power letters" and instructions
> you can make $25K/mnth
Okay, take a deep breath.
I know that you, like a lot of folks out there, are tired of your job and want something better out of life. But multiply that money out, and you get an earning of $400K/year.
The number of businesses that start and reach that figure within months or a year is almost zero. Even Amazon.com, Google, and many other high-priced stocks took many years to reach their current level of income.
Now, somebody that you've never heard of (and who's never been on the international news and as far as you know doesn't own a company) promises that he'll show you how to make $400,000 per year.
HUGE red flag there. If Warren Buffett said he could do it, I'd take a gamble on on' Warren. If Alan Greenspan (former chairman of the Federal Reserve) said he could do it, I'd take a gamble.
But some unknown with promises like that?
And then there's the screams of anger from his former customers:
http://www.ripoffreport.com/results.asp?q1=ALL&q4=&q6=&q3=&q2=&q7=&searchtype=0&submit2=Search!&q5=Steve+Waters+
At least one of his customers is rallying others to take action:
http://www.ripoffreport.com/view.asp?id=173710&view=printer
I found this website by him that promotes something else and is apparently addressed to his detractors. Given the quality of his writing (which at points gets pretty close to gibberish), I think the quality of any written material should be examined very closely.
http://www.understandingidiots.com/
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