Warning Over Latest MLM Fad
Jon Christian Ryter -- AutoSurf or AutoScam?, Part 1:
"The Securities and Exchange Commission [SEC] issued a blunt warning last week to website owners seeking increased traffic from autosurfers, and to network marketing entrepreneurs looking for a leg up on the latest moneymaking multilevel marketing scheme—autosurfing is high risk. The SEC put the paid autosurf website industry on notice that the government is taking a very close look at them. In issuing its warning, the SEC noted that there are dozens of autosurf websites on the Internet and that while most of them are legitimate, some of them—those, the SEC said, that promise their members astronomical profits—are likely pyramid schemes and, as such, are scams that the government intends to shut down."
"The Securities and Exchange Commission [SEC] issued a blunt warning last week to website owners seeking increased traffic from autosurfers, and to network marketing entrepreneurs looking for a leg up on the latest moneymaking multilevel marketing scheme—autosurfing is high risk. The SEC put the paid autosurf website industry on notice that the government is taking a very close look at them. In issuing its warning, the SEC noted that there are dozens of autosurf websites on the Internet and that while most of them are legitimate, some of them—those, the SEC said, that promise their members astronomical profits—are likely pyramid schemes and, as such, are scams that the government intends to shut down."
posted by the MLM News Desk at
7:16 PM
