124 inquiries | Pyramid Scheme Business Opportunities
(714) 647-6089
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We know of no licensing or registration requirement for companies engaged in this company's stated type of business.
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This firm advertises in magazines and other publications a money making opportunity. Based on a review of the company's promotional literature, there is no actual product or service being offered. The premis of the offer is recruiting others to gain downline commissions. Recruitment is allegedly accomplished by a service offered called "proxy marketing." Respondents are asked to send fees for the proxy marketing services. Services consist of a fax on demand line which is advertised for recruitment purposes. Projected earnings of $10,000 a month are purportedly guatantee after a two year period. The company asks for 11 monthly payments of $100, or a one time payment of $1000 to achieve income of $1000 per month. Or, 11 monthly payments of $1000 or a one time $10,000 investment to achieve earnings of $10,000 per month. We advise caution with any offer advertising high earnings along with testimonials and claims of little or no work. Legitimate multi level selling companies offer tangible products and services and generate income from sales, not recruiting others. Such Get Rich Quick offers usually promote a theory or idea of how to earn money using methods which may be difficult to implement and sometimes legally questionable. Some consist of little more than common sense suggestions. While the company making the offer makes money, we know of no Get Rich Quick opportunity which ever made the buyer a millionaire. Information published and sold on money making methods may be interesting and helpful, however there is no real proof that anyone earned the high income claimed in advertisements.
We know of no other matter or practice relating to this company that may assist you in your consideration of this company.
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