How many times have you seen these ads saying work from home and earn this much a month, or ads saying something like typist needed, all training supplied while giving unrealistic salary figures?
As usual, if it sounds too good to be true, it probably is, not to be pessimistic or anything, but getting the type of salary an engineer would earn for doing a typist’s work without any prior experience does sound a bit dodge.
Well, most of these (if not all) are scams, the idea is simple, you advertise a data entry or work from home job through whatever method you can, Google Ads, Social Networks, Newspapers, etc. (The people signing up are usually desperate for the income and are soft targets) When the person sign up for the program / job and pay the whatever amount is requested (already a red flag, no legitimate company will ask you to pay in order to work for them), they get an email or nicely typed out letter welcoming the applicant and asking the applicant to go do exactly the same (that’s the training), in other words, go scam more people in buying into this scam. In order for the applicant to regain his lost money (refunds does not exist with these scams), he advertise and advertise until he scams a couple of people (or in most cases fail in getting more people to join the program). In the former, the referrer gets a certain percentage of commission on the the person he scammed and a certain percentage of commission on all the people below the applicant. If the applicant fails, it’s not the problem of the referrer, he got his money and is already busy scamming more people in the hopes of building a downline of passive income.
People will use all kinds of fancy terms to make the data entry jobs sound viable, the best one is usually MLM or multilevel marketing which is short for legal pyramid scheme. What makes pyramid schemes illegal is the fact that you take money from people for nothing or the service of giving away your money itself, in MLM they add some type of product which is usually the “training” or some other stupid excuse for a product nobody would buy under normal circumstances.
These types of schemes are not sustainable, a couple of people get super rich from it while more than 88% of the people lose their money long before the whole system collapses.
You might as well go gamble with that money, the ods will still be against you, but at least you wont waste that much time trying to take other people’s money for something they never really wanted.
I really wish Google wouldn’t allow these types of scams to be used on their Adsense network. I run a dozen or so websites and use Adsense on them and I’m constantly having to filter out that nonsense. It sickens me that the people who are most desperate and who can least afford to lose their money are the victims most often.
As far as I know, Clickbank started blocking these type of ads, but they still manage to leak through their filters, chances of Google doing it soon is unlikely, Adsense is what keeps them operational.
Can you share more light for me on Network 21 (Amway under a new banner?)
Network21 is another MLM company offering you some service or product in the form of motivational speakers and material, how exactly they operate and with whom they’re involved / affiliated, I have no idea.
Will appreciate any info you have on them.
bisnis mlm bagus kok…( menurut saya lo..)
tapi semua tergantung sudut pandang masing2..
segalanya punya 2 sisi kan?
@mame: Some MLM opportunities are brilliant and legit business opportunities, but the majority of opportunities that are bad, give this specific marketing system a negative connotation.
I have also seen such types of advertisements. But I have never believed on that because companies can not afford such amounts for only data entry work. They must be cheating somewhere.
If it sounds too good to be true, beware. I believe your sense of skepticism has saved you a lot of wasted money! What I usually do is search for “Opportunity Name” plus the word “scam”. If it’s not a legit opportunity, you’ll see lots of people complaining about it, if it’s a fairly new company, also beware.
I know of a home based business that is legitimate,operates in 55 countries.If u need more info e-mail me …
Just want to say your article is striking. The clarity in your post is simply striking and i can take for granted you are an expert on this subject. Well with your permission allow me to grab your rss feed to keep up to date with forthcoming post. Thanks a million and please keep up the ac complished work. Excuse my poor English. English is not my mother tongue.
Thanks for sharing about Data Entry scam, looking forward to know more.
Hi, thanks so much for this article, I am busy looking for a real, legitamate, work from home job, I dont have a car & I’m very isolated & have my 2 small children at home with me & I’m desperate for an income. all I have is my Laptop & internet access so these data capture job appeal to me, but they all ask for money which dosnt sit well with me. Oh buy the way, Nework 21 is Affiliated to Amway, they are perfectly legitamate! Just like GNLD’s Eagle Team.
Lindsay I would love more info on your home based business.
Thanks
Tanya