Tuesday, May 31, 2011

Scams of the Week: May 31, 2011

Mellennium Profit Systems - They claim you can make $60/hr by setting up links.  Of course, you have to pay $97 to figure out how to make all this money.  Once you leave the site, you are prevented from leaving and asked if you would like to purchase the program for $49.  People don't make $60/hr from home setting up links.  If you could, no one would tell you about it, creating competition for themselves.

American Airlines Non-Refundable Ticket Scam - This is new, rare, clever and takes a disciplined con-man to pull it off. It's not often I discover a scam I've not heard of before, but here it is.  The company poses as an airline ticket broker, such as Priceline or Hotwire, and offers to buy tickets at a discounted price. They ask victims to wire them the cost of tickets and they purchase them from the airline. Once the money is wired, the company could just keep it, but they actually purchase non-refundable tickets from America Airlines.  The victim is given temporarily relief and doesn't pay any more attention to these tickets that are already purchased and non-refundable.  However, American Airline policy states that if the flight changes times, the tickets suddenly become refundable.  Unbeknownst to the victim, Airline flights change departure times all the time. The scam company waits for departure times to change on all of their victims flights and demands refunds from the airline, which are promptly given.  This leaves the victim scammed without knowing it for several months.  So far, Fly-Boo.com is the only confirmed company that has done this, but they've since fled the coop. The scammers will be back with a new name soon, to do the same thing again.

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