Scam Report

True Stories: Work at Home Scam

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True Stories: Work at Home Scam
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Taken for $25,000 by Scam Business Coaches

 
Beware the “opportunity” that’s preying on low-income households, the out of work and people on disability.

Claimed to be a business coaching and training program, rather than bringing it’s trainees the promised financial help and security this will leave it’s victims worse off, and with nothing to show for it.

“Be very skeptical of promises that you’ll make a lot of money,” says Andrew Smith, director of the FTC’s Bureau of Consumer Protection. “We see [many] companies that are just out to take your money, not help you make it.”

Check that the opportunity complies with the FTC’s Opportunity Rules and that they carry an FTC compliant disclosure. Are their earnings claims backed up by a suitable earnings claim statement? If not, walk away.

Video courtesy of U.S. FTC

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