Monday, June 6, 2011

Scams of the Week: June 7, 2011

Amega Wand - Another miracle treatment that exploits scientific terminology, in particular "quantum physics," to bamboozle customers into believing a device has medical merit. The company, Amega Worldwide, claims that it harnesses "zero-point energy" in order to relieve joint pain.  The company calls it Amize Fusion Technology.  By throwing "Fusion" in there, they again try to confuse people with scientific terms.  If anyone in the world had developed a technology that uses zero-point energy, which is basically untestable at this point, to relieve pain, they would have a Nobel prize in physics and medicine.  Because the concept is ridiculous in the first place, and they have no scientific accolades to boast, we can safely label this one a scam.

Passive Niche Profits - Another Cash Flow business opportunity. A lot of "reviews" have been popping up defending this program, but the reviews are obviously from people who are shilling for the company and not claiming that they are...which is illegal.  It also has site after site saying that people can earn $100/day, $250/day and even $1000/day. Making $365,000 per year sitting in front of a home computer sounds pretty good.  That's because it's a fantasy world concocted to entice people to buy a program that probably won't make them any money.  The odds are against them, anyhow.

Instant Massive Cash Flow - Scam artists usually attempt to avoid negative buzz words.  After the FTC indictment of "Winning in the Cash Flow Business," I expected anything with the words "cash flow" in its name to disappear.  It's also bad when a business opportunities start talking about "tiers" and "levels" and when you visualize it, it looks suspiciously like a pyramid.

Cash Gifting Bank - Cash Gifting is illegal.  This company says that because they slapped a product into the middle of a known pyramid scam, it suddenly becomes legal. Not surprisingly, the product is only to help people become more efficient at 'cash gifting.'  Also, stating something like "this one is legal" is not the a confidence booster for customers.

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