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FIB - Scams 101 - Ye Olde Archives

Re: So.. Do something about it!

Posted By: Woody Quiñones <woody@impactyourarea.com>
Friday, 16 June 2006, at 9:01 p.m.

In Response To: So.. Do something about it! (Pete Egeler)

Pete E,

One last point.. In their reasoning they say they've had 200 problems since 1970.. Folks, that's 5.6 complaints a year. This calls for a new law? NOT.

Actually, that's kind of misleading. We cannot presume that 5.6 complaints come in a year since 1970. Since the swell of commerce over the Internet started around the late 80's early 90's, the complaints to the FTC have grown.

Before the Internet most people didn't know the FTC existed and had no idea that they could file complaints. It wasn't publicized to the masses the way it is now.

Being that the Internet makes it easier to file a complaint, all federal agencies and watchdog organizations have seen complaints coming in several times a day.

The FTC has brought more than 200 enforcement actions against business opportunities using the Franchise Rule since it took effect in the 1970s, and numerous cases against work-at-home and multilevel marketing companies under Section 5 of the FTC Act. Since 1995, the Commission has conducted 12 sweeps on business opportunities.

Notice how they don't disclose the "numerous cases against work-at-home and multilevel marketing companies". I wonder if one of them was against Frank Kern of the Instant Internet Empire fame. He took a beating back then.

Thanks for listening
Woody Quiñones

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You'll find great information in this "Read Only" Archive, but remember..... things change.
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.



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