Archive for July 22nd, 2008
Fraud victim numbers to increase due to the state of the economy
A very large multi-level organization, one notorious for allegations of having members making money by fraud or deceit has recently been advertising on national television.
I don’t view multi-level organizations of any kind as a good thing. I Particularly don’t have a high opinion of that specific corporation because I have seen first hand evidence of their alleged fraud, deceit and some would argue, brainwashing. Sadly, I saw many of their representatives acting in a ruthless manner and prey on people in need of something genuinely profitable which their offer was not.
Their commercial is standing out at the moment because it is unique to see a corporation with such a bad reputation advertise on TV. But my prediction is that many more companies having a colorful past and questionable morals will soon be advertising across all medias over the next years.
It’s no secret that a lot of people are now facing financial hardships. Many are losing their home and many more are just trying to keep up with mortgage payments. There is also too many people using credit cards and effectively going into debt just to pay the gas that allows them to commute between home and work.
Unfortunately, it’s during such difficult times that people are often the most vulnerable. Bills needs to be paid, in some cases, collectors have to be kept at bay. Cash has to be earned, and quick.
This is when a brilliant sales pitch is made, how could it not make sense? Easy quick cash is there. But it’s all an illusion and just like in a vivid nightmare, one wakes up to realize that their money is gone.
As Americans gradually have higher debts, the number of fraud victims is bound to increase. Please, don’t be a victim. As the old saying goes; before you invest, investigate.
Now featured on Newsblaze
The article I wrote was picked up by Newsblaze.com today
If you want to check it out, it’s at http://newsblaze.com/story/20080722081258jayw.nb/topstory.html
