Monday, May 14, 2012

Home Profit Masters Scam Uses Elements Shut Down By The FTC


With amazing boldness one of the most profilic scammers of 2012 has been putting out sales pages that use exact testimonials from a scam that the FTC claims it shut down in 2009. The most recent scam is called Home Profit Masters and uses numerous elements from an old scam called "Process From Home". Process From Home was one of the original sites that claimed that people could make money processing rebates at home. The more recent link-posting scam sales pages use numerous elements from the old rebate processing scams sales pages.

One person who worked for the company behind Process From Home commented in my Home Profit Masters Scam Analysis that Process From Home was actually shut down by the person who started it up - and not by the FTC. Either way, it's clear that many of the testimonials were lifted directly from many of the old scams.

Other sites that have been pushed out by the same people behind Home Profit Masters have been Income Masters Institute and Online Profit Masters System. You'll see many elements of these scams in the complaint filing of the FTC here.

The biggest concern is that the sites push people into a so-called "training program" where a high-pressure sales person will try to get thousands of dollars out of them. Typically, the sales person will try to find out how much credit and cash you have available and then try to get as much of that credit and cash out of you as possible.

Affiliate Scammers Promoting Home Profit Masters Like Crazy

It's obvious that many affiliates are pushing Home Profit Masters and related scams like crazy. In fact there are often domains set up by affiliates using the latest scam-name as their domain...which then push people over to the scams that lead the victims directly to the boiler rooms. Some of the most notorious sites are OnlineProfitMasters.net, OnlineProfitMasters.org, MakeMoneyOnlineKits.com, and OnlineProfitMastersReview.com.

They often get as much as $100 per sale to promote these scams. If you're wondering how sites like HomeProfitMasters.com can afford to pay affiliates that much - it's because they know they can sucker enough people into their boiler rooms that will grab as much money as possible out of them.



0 Comments:

Post a Comment

<< Home