An Own-Your-Own Website Business Opportunity where consumers would make money from links to major retailers was halted by the FTC.
An operation that lured consumers into spending thousands of dollars for Internet websites and advertising by misrepresenting that they could make lots of money by linking the sites to major retailers. The court ordered a stop to the defendants’ allegedly deceptive practices and froze their assets pending further litigation. The action is part of the FTC’s ongoing efforts to protect consumers in financial distress.
There are many of these ‘Business Opportunities’ on the Internet and only the most egregious (read “Greedy”) are ever brought to account. The rest go on taking millions of people’s hard earned money with dubious, immoral, illegal and downright criminal schemes. As soon as the current pool of suckers is exhausted and/or the law start sniffing around, they close up shop and reopen with a new name, domain name and logo and just carry on.
According to the FTC’s complaint against North America Marketing and Associates LLC, for fees ranging from $100 to $400, the defendants promised to build and host websites for consumers, who would earn commissions when Internet users clicked through the consumers’ websites to make purchases from “Fortune 500” retailers such as Wal-Mart, Best Buy, and Starbucks. The defendants also claimed consumers would get free, full-time marketing expertise to help them make substantial profits.
The defendants are charged with violating the FTC Act and the FTC’s Telemarketing Sales Rule (TSR) by
… misrepresenting that consumers who bought and used websites and advertising packages would earn substantial income, and that experts would help them operate their business
. Sheila Ann Lowry, Carl Edward Morris, Jr., and Marketing Strategies LLC are named as relief defendants for allegedly profiting from the illegal practices.
Full details here: http://www.ftc.gov/opa/2012/05/namarketing.shtm