Saturday, November 20, 2010

Blogging to the Bank review (AVOID)

[caption id="attachment_1138" align="alignleft" width="159" caption="Blogging to the Bank WARNING"][/caption]

Rob Benwell's Blogging to the Bank has generated quite a few interesting comments over the past few months - mostly about not getting answers from support from the Blogging to the Bank staff about setting up their so-called "premium blogs". Not only that, but many of these people say that they keep getting promotions for OTHER products from Rob Benwell even though they can get NO supp

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Saturday, November 6, 2010

FTC Settles with Defendants that Claimed Bogus Ties to Google and Unlawfully Charged Consumers Hidden Fees

FTC 10/18/2010 News Release:
Google Money Tree Defendants Must Surrender Assets of More than $3.5 Million, Banned from Using ‘Negative Option’ Strategy to Automatically Bill Consumers
An online marketer that falsely claimed ties to Google Inc. has been forced to stop operations as part of a Federal Trade Commission action that charged the defendants with marketing an allegedly bogus work-at-home scheme and charging hidden monthly fees to consumers’ credit card and bank accounts.

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Common Persuasion Tactics In Fraud

Back in February of 2009, the FTC held a fraud forum which covered quite a bit of interesting information. But one thing that stood out for me was The Undercover Audiotapes Project which consisted of analysis of 300 undercover fraud tapes completed by AARP and the FINRA Investor Education Foundation in 2006 which identified the most common persuasion tactics used by con men by scam type.

The overall results were as follows:

Phantom Fixation (22.39%)
Scarcity (15.11%)
Source Credibility (1

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