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New Easy Money Con, Same Old Tricks

Posted by Admin On February - 12 - 2018

What would you give for a turnkey system to earn six figures in 90 days or less, all while working from home? That’s what the defendants behind Digital Altitude promised. But the FTC alleges they did not deliver.

In a case announced today, the FTC says the defendants defrauded consumers out of more than $14 million, but provided nothing more than a series of “training” videos, a few PDF documents and so-called “coaching” sessions that turned out to be sales pitches to get people to pay even more.

The FTC says most people made little or no money. The few that did make money typically didn’t earn enough to cover their required membership fee and monthly dues. People were paid only when they recruited new members.

To reach people, the defendants used ads and videos on websites and social media platforms to sell memberships. Their methods included these tried and true tricks of the con artist’s trade:

  • Outrageous claims — “You are about to receive a very special guide that reveals how you can make six figures online in the next ninety days or less”
  • Deceptive testimonials — Videos of members scuba diving, hiking, and lounging by a pool as money poured in on autopilot
  • High-pressure upselling — “You are leaving $60,000 on the table” by not moving up to the next membership tier
  • Free trial periods that aren’t as they seem — Ads promising 14-day “test drives,” but fine print giving people just 72 hours to cancel

If someone promises you fast and easy money, you can bet it’s a scam. Slow down. Search the company’s name online with words like “scam” or “complaint.” Share what you know with a friend, and help others by reporting what you’ve spotted to FTC.gov/complaint.

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Welcome to CopyLine Magazine! The first issue of CopyLine Magazine was published in November, 1990, by Editor & Publisher Juanita Bratcher. CopyLine’s main focus is on the political arena – to inform our readers and analyze many of the pressing issues of the day - controversial or otherwise. Our objectives are clear – to keep you abreast of political happenings and maneuvering in the political arena, by reporting and providing provocative commentaries on various issues. For more about CopyLine Magazine, CopyLine Blog, and CopyLine Television/Video, please visit juanitabratcher.com, copylinemagazine.com, and oneononetelevision.com. Bratcher has been a News/Reporter, Author, Publisher, and Journalist for 33 years. She is the author of six books, including “Harold: The Making of a Big City Mayor” (Harold Washington), Chicago’s first African-American mayor; and “Beyond the Boardroom: Empowering a New Generation of Leaders,” about John Herman Stroger, Jr., the first African-American elected President of the Cook County Board. Bratcher is also a Poet/Songwriter, with 17 records – produced by HillTop Records of Hollywood, California. Juanita Bratcher Publisher

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