Thinking of joining a multilevel marketing program to make some extra money? Before diving in, make sure you’re not dealing with a pyramid scheme. They’re illegal, and for good reason.
Have you seen websites or ads, or gotten telephone calls that say a home-based internet business could be your ticket to making easy cash? Some claim a business coaching program will help you get going. Before you respond to an offer for business coaching services, keep your money in your wallet and your eye on a recent case brought by the FTC.
Investing in gold and silver may sound like a safe, low-risk way to make big money. But hidden fees, as well as a dealer’s failure to reveal how risky this type of investment really is, could cost you dearly.
It’s tough enough to find a job or start your own business, even without scammers trying to take advantage. Today the FTC announced a major federal and state crackdown on scams that target people looking for jobs, extra income, or the chance to run their own business. The phony offers included “opportunities” to start a business as a mystery shopper, credit card processor, or website operator, and promised big earnings.
Many of the scams targeted people online. For example:
The Federal Trade Commission (FTC) is the nation’s consumer protection agency. The FTC works to prevent fraudulent, deceptive and unfair business practices in the marketplace.