The Federal Trade Commission is cracking down on get rich schemes and is stepping up its enforcement by filing lawsuits towards various businesses it has deemed against the law.
Even though the vast majority of work from home endeavors are legitimate companies offering entrepreneurs ways to create cash, a number of organizations are currently in the government spot light. While several companies are facing hefty fines for duping unsuspecting people just looking to make a little extra money, there are hundreds of companies still operating.
To offer you a good idea of what to look for, here’s a checklist of sorts of scams just lately targeted by the Ftc:
—Recently-developed scams are taking advantage of the high jobless rate by running deceptive ads offering jobs with the federal government that do not exist.
More than 100,000 people were duped by a scam selling booklets giving people “inside information” that could help them get a government job. The actual mailings targeted the elderly and disabled promising effortless positions that paid high earnings available to those people who paid for the booklet.
In another scam, people were told they could earn as much as $500 a week assembling jewelry. They had to pay for materials, then assemble the pins and submit them for payment. The organization rejected nearly all the pins, so no one who signed up for this job ever got paid, but spent hundreds of dollars on materials. Similar assembly jobs have been the target of investigations in the past.
—Several scams offer a list of jobs for a fee, including jobs in the entertainment industry that require no experience or special skills. You should never pay for job listings, as there are many free job listing services online that offer legitimate work. One company actually listed jobs that didn’t exist in exchange for a fee.
—The FTC is suing several companies that offered money for stuffing envelopes, labeling postcards, and mystery shopping—all of which were proven to be scams. The fines for these crimes are pretty hefty, ranging from $75,000 to $414,900. While hundreds of thousands of people have fallen for such schemes, you can bet there will be more cropping up in the future.
Be wary of any “job opportunity” that doesn’t sound legitimate, do your homework and ask questions before sending anyone your hard-earned money.
FTC Stepping Up Enforcement of Work from Home Scams
The Federal Trade Commission is cracking down on get rich schemes and is stepping up its enforcement by filing lawsuits towards various businesses it has deemed against the law.
Even though the vast majority of work from home endeavors are legitimate companies offering entrepreneurs ways to create cash, a number of organizations are currently in the government spot light. While several companies are facing hefty fines for duping unsuspecting people just looking to make a little extra money, there are hundreds of companies still operating.
To offer you a good idea of what to look for, here’s a checklist of sorts of scams just lately targeted by the Ftc:
—Recently-developed scams are taking advantage of the high jobless rate by running deceptive ads offering jobs with the federal government that do not exist.
More than 100,000 people were duped by a scam selling booklets giving people “inside information” that could help them get a government job. The actual mailings targeted the elderly and disabled promising effortless positions that paid high earnings available to those people who paid for the booklet.
In another scam, people were told they could earn as much as $500 a week assembling jewelry. They had to pay for materials, then assemble the pins and submit them for payment. The organization rejected nearly all the pins, so no one who signed up for this job ever got paid, but spent hundreds of dollars on materials. Similar assembly jobs have been the target of investigations in the past.
—Several scams offer a list of jobs for a fee, including jobs in the entertainment industry that require no experience or special skills. You should never pay for job listings, as there are many free job listing services online that offer legitimate work. One company actually listed jobs that didn’t exist in exchange for a fee.
—The FTC is suing several companies that offered money for stuffing envelopes, labeling postcards, and mystery shopping—all of which were proven to be scams. The fines for these crimes are pretty hefty, ranging from $75,000 to $414,900. While hundreds of thousands of people have fallen for such schemes, you can bet there will be more cropping up in the future.
Be wary of any “job opportunity” that doesn’t sound legitimate, do your homework and ask questions before sending anyone your hard-earned money.
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