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.