Scams

Is Postcard Profits a Scam?

October 26th, 2009  |  Published in Product Reviews, Scams

PostcardProfits.com, and other websites that promote making money through postcard marketing, work on an interesting theory.  The claim is that marketing to people through email is so overdone currently, and the volume of traditional mail is so low, that marketing through traditional mail will actually be more successful at catching people’s attention.

Luke Jaten, the man behind Postcard Profits, claims that he’s been using this system for years and that he’s made up to $50,000 in a single week using it.  He says that he will teach you his personal, guaranteed method for making money by sending you ten CDs with step-by-step instructions for being successful, and that if the program isn’t for you, then you can send the CDs back to him within 30 days no questions asked – all you pay is the cost of shipping and handling.

However, there seem to be a lot of questions regarding Jaten’s program.  First of all, there is almost no information available online that explains exactly what this program is about, other than mailing postcards.  You will find people posting on forums that Jaten is a great guy and that they’ve made “tons of money” with his program, though there are no explanations as to how.

Second of all, Jaten’s terms and conditions state that the company – DMG Marketing – is located in Cheyenne, WY.  But the website is registered in Pennsylvania, and the customer service number has a Colorado area code.  Generally speaking, when people are trying to sell you “get rich quick” programs over the internet, the more states that are involved, the worse it is for the consumer.

Finally, Jaten’s promise is that if you return the product within 30 days then you won’t be charged the 5 installments of $59.99.  However, people who have bought the product claim that returning it is tough – there are no instructions on the website or included in the package itself.  And multiple people have called the Colorado based customer service number without ever getting an answer.  There are even people who have claimed that they hadn’t even received the product before they started being charged the $59.99.

So is Postcard Profits a Scam…?

While I haven’t personally bought this product, I would say that PostcardProfits.com certainly seems like a scam.  First, you should be very cautious about giving your credit card number to a guy that has no contact information on his website, especially if that guy has already had issues with the FTC.  Jaten worked with a previous program called Proven Concepts; Proven Concepts claimed that you could make $1200/hr by mailing out postcards.  The program cost $129 and then required a further investment of $477 for the mailing materials and resources.  If you wished to get a refund on the product, you were refunded the $129, but the $477 was your loss.

Jaten’s old Proven Concepts program sounds eerily similar to Postcard Profits.  The video on the website includes personal testimonies from a man who claims to have made $87,900 in one month. Or the people who claim to have made $25,000 in 3 days – they “put the postcards in the mail on Friday, and had made $25,000 by Monday.”

Here’s my problem with these claims: this whole system works on the concept that people receive LESS real mail.  Why are Luke Jaten and his successful customers practically begging people to join them in mailing advertisements? Wouldn’t that negatively impact the whole system? And if Jaten is making up to $50,000 a week mailing postcards, why did he decide to create multiple sets of CDs that he has to advertise and mail to people? Call me cynical, but when something seems to good to be true, it usually is.

Even if you think that Jaten’s system is worth a try, just remember that it costs $300 to purchase the CDs alone.  That’s without the cost of the postcards, mailing lists, 800 numbers, and anything else needed to make his “proven method” work. While it may not be impossible to make money the way that Jaten is describing, you certainly won’t be able to do it without already having a lot of money to invest in this opportunity.

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Is the Internet Wealth Builder a Scam?

September 3rd, 2009  |  Published in Google Kit Scams, Scams

The Internet Wealth Builder is a make money at home program that’s being promoted on several websites.  As you can see from the picture, they’re claiming that they can show you how to make $200 – $900 a day; that’s a pretty serious chunk of change if they can deliver on it.

If this is your first time seeing an offer like this then you’re missing out on a lot of back story.  This not the first version of this ad and in fact there is a long history of offers very similar to this one by a handful of companies that’ve been raking in a fortune marketing these work-at-home kits.

This type of offer started out as a “Google Biz Kit;” the page looked almost identical and it sold the same product.  Long story short, these types of kits use a gotcha marketing strategy in which they hide a monthly fee from their customers.

They use shipping and handling fees as an excuse to get customers’ billing information so that after a few days they can proceed to charge a high monthly fee.  As you can imagine, this sparked an outrage from customers and these types of offers became notorious, inciting a slew of reactions from Google Inc, the FTC, and several Attorney Generals.

On this site alone there have been over 1,000 logged complaints against these offers and many allegations of fraudulent activities against these types of offers.  With the release of Internet Wealth Builder it’s clear that the reactions have not been enough to change the way these companies do business.

The only result of the government pressure has been for these guys to get rid of a few trademarks, change names, and be slightly more upfront about the actual costs of the program.  If you read the terms and conditions for these sites you’ll see what I mean.

Here is what’s stated on Internet Wealth Builder:

You will only receive a one-time $1.97 processing and account activation fee to the payment option provided today. The processing fee will be reflected on your account as either, WebMoneyTraining or CSRegister. Only if you decide to continue your valued access after your 7 days of free service, do nothing, & WebMoneyTraining will continue to provide you service at a premier rate of $69.97 per month. Remember, this is a totally risk free offer and for your convenience, you can call WebMoneyTraining toll-free at 800-416-1339 for any questions or cancellation. Get started with WebMoneyTraining today and you can start to generate new streams of income in as little as one week! You will also recieve a free 14-day trial to Alterntative Funding. After the 14-day trial, you will be charged $29.95 a month thereafter, if you choose not to cancel. Cancel any time by calling 800-994-4164.

This statement is buried in their legal statement and as you can guess most customers fail to read it and have no idea that their credit cards are being billed a monthly charge.  In addition, one of their other favorite strategies is to sign you up for additional crap that you have to cancel.  This includes useless extras like identity theft protection or other make money online services.  As you can see here, Internet Wealth Builder takes the liberty of signing you up for Alternative Funding – another program with a monthly fee.

All these tactics are employed for only one purpose and that’s to separate you from your money, have no doubts about that.  These people want your credit card info because once they have it it’s up to you to cancel, which they don’t make easy.  They often have outsourced call centers that are slow to respond and they use these tactics of avoid and delay to keep you signed on for as long as possible.

So is Internet Wealth Builder a Scam?

The answer is a pretty obvious yes; these companies are literally on the verge of being illegal and are clearly unethical.  The worst part is that if the product did what it claimed to do then on some level these shady tactics could be tolerated or excused.  However, their actual opportunity, according to the folks who have received anything from them (many people have paid money and got nothing in return) is that it’s a poorly organized collection of common sense info on how to use Google Adwords and Google Adsense to make money.

This kind of info alone is not worth the high monthly cost especially without proper training and support.  So for your own financial safety I would recommend avoiding the Internet Wealth Builder.

If you have purchased the Internet Wealth Builder and were not aware of these additional charges here is the contact information again:

Web Money Training View Marketing, Inc.

642 Main Street, Nevis 33776

To cancel the internet wealth builder call 1-800-416-1339

To cancel Alternative Funding subscription call 1-800-994-4164

URL: https://www.processcartcenter.com/MTAxNjh8MjI2M3wzNjgwMTN8djI=/ani4b4b9/g

If contacting them fails then immediately call your bank and credit card company to have your accounts paused or closed.  It may seem like a pain but it’s better than letting these leeches siphon money out of your accounts every month.

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