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Showing posts from September, 2022

Medifast Stock: Winning Profits In The Business Of Losing Weight (NYSE:MED) - Seeking Alpha

[unable to retrieve full-text content] Medifast Stock: Winning Profits In The Business Of Losing Weight (NYSE:MED)    Seeking Alpha

How Do People Fall for Ponzi Schemes? Ask these 7 Nigerians - Zikoko

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Ponzi schemes pop up every few years in Nigeria before disappearing again with billions of naira in people's funds. We spoke to seven Nigerians about the times they fell victim to these schemes. Joshua. 25 "I thought if it had been paying my friend for so long, it had to be be legit somehow" I lost my job in 2020 due to the COVID lockdown and started looking for other means of making money. A friend of mine had been investing with this forex investment scheme for about six months, and he was being paid 20% every month. He'd tried to get me into it, but I was skeptical.  After I lost my job, I needed money to come in from somewhere. I already had about ₦3 million saved up, so I thought to take some risk with the investment scheme my friend was into. I was still skeptical, but I thought if it had been paying him for so long, it must be legit somehow. So, I put ₦1 million into the scheme in October 2020 and I was paid a ₦2...

Multi-Level Marketing Companies Are Cashing In on the Crisis - Tribune magazine

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As a teenager, Amelia was desperately looking for a part-time job, handing CVs out in cafes and bars with no luck. One day, she picked up a leaflet about an 'exciting business opportunity' to become an Avon representative. Everybody knew somebody who was selling for Avon—an auntie or a neighbour. Pity-bought lipsticks rattled around the bottom of handbags and catalogues littered kitchen tables. The ubiquity of Avon created a sense of security; this 'exciting business opportunity' could be a legitimate quick money-maker. The next thing she knew, a manicured Avon representative was at the dining room table, providing tips on how to sell products and recruit a 'team'. The catalogues were swiftly binned and forgotten, with never even a nail varnish s...

Why Americans Can't Resist Multilevel Marketing Schemes - Artful Living

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Jill Drehmer claims to have cracked the code to financial freedom. The year was 2015, the place an upstate New York grocery store, where the 36-year-old mom of two discovered that federal assistance no longer covered her kids' favorite cereal. A revelation ensued: "I thought, 'There's got to be a better way to make some extra income — something. '" As fate would have it, Drehmer found that something in LuLaRoe , a multilevel marketing company that today is riddled with controversy.   The California -based brand peddles women's clothing to a loyal fan base. Its pièce de résistance are buttery soft leggings covered in quirky prints (everything from butterflies to monster trucks). In theory, this all sounds painfully innocuous, right? After all, we're talking about pants purchased from someone's aunt via Facebook . Rumors swirled that LuLaRoe had a shady side, but only recently did its seams very publicly unfurl. Last year, Amazon Prime...

Older Gen Z-ers love big tech, but not Facebook or Instagram: survey - Business Insider

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Smiling Dogs? Captcha Has Gone Too Far - WIRED

[unable to retrieve full-text content] Smiling Dogs? Captcha Has Gone Too Far    WIRED

What Is Ponzi Scheme and How to Protect Against a Scam? - Coinspeaker

[unable to retrieve full-text content] What Is Ponzi Scheme and How to Protect Against a Scam?    Coinspeaker

FBI Phoenix Reminding The Public Of SIM Swapping Scammers - KAFF News

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FBI Phoenix is educating Arizona residents of the dangers of Subscriber Identity Module swapping done by criminals to steal money from virtual accounts. Criminals often find a victim with large amounts of digital currency and get their phone number and carrier. They are then able to get the victim's phone number to a SIM card and phone in the criminal's possession. After having control of the victim's information, they will change all passwords to lock the victim out, and steal money virtually. The FBI would like to remind the public to protect your personal and financial information, use strong multi-factor authentication methods, and do not store passwords or usernames that will be easily accessible. If you or someone you know is a victim of SIM swapping, contact your mobile carrier to get all passwords changed, then call your local law enforcement agency.

Westpac scam warning: Recorded phone call exposes the common red flags - 7NEWS

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"You can check the number that I'm calling you from today." To some, it may sound like a bank worker simply helping a customer, but the reality is something far more sinister. WATCH THE VIDEO ABOVE: Fraudster's failed scam call exposes red flags. Watch the latest News on Channel 7 or stream for free on 7plus >> The comment was used by a scammer trying to convince a Westpac customer to hand over their details as heard in a recording of the call released by the bank on Wednesday. The bank says it's a red flag. Impersonation scams are among the most common scams currently targeting customers, according to new Westpac data. Westpac on Wednesday became the first Australian private business to block calls from scammers impersonating the bank, with more than 94,000 Westpac phone numbers now added to a "do not originate list". The move will stop scammers from impersonating the numbers and using them to fleece money from unsuspecting customers. Imp...

8 Warning Signs of a Pyramid Scheme - GOBankingRates

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Zinkevych / Getty Images/iStockphoto Have you ever been approached for a "business opportunity" that promises you'll earn a ton of money from your home? This is a subtle warning that someone may be attempting to recruit you as part of a pyramid scheme.  Explore: Your Biggest Money Etiquette Questions Answered See Our List: 100 Most Influential Money Experts Pyramid schemes, according to the U.S. Securities and Exchange Commission, are a type of fraud where participants profit almost exclusively through recruiting other people to join their programs. How do you know whether someone is trying to recruit you into a pyramid scheme or multi-level marketing scheme? Bonus Offer: Open a new Citi Priority Account by 1/9/23 and earn up to a $2,000 cash bonus after completing required activities. Pay attention to these common pyramid scheme warning signs. There's Nothing for Sale ...

How To Get Money Off Paypal Without Card? [Bank Transfer] - ValueWalk

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Do you need to get money from your PayPal account but don't have your debit or credit card on hand? Don't worry! There are a few ways to do this. You can use an e-check, which is basically an electronic version of a paper check. This method usually takes a few days for the funds to clear, but it is free and easy to do. You can also link your PayPal account to a bank account and transfer funds. Whichever method you choose, getting money off of PayPal without a card is easy and convenient. This blog post will walk you through the different methods and help you choose the best option. Let's get started! Engine No. 1's Jennifer Grancio Talks Exxon And Current Opportunities In Value ESG and sustainability remain hot topics in the world of investing, and activists are taking up positions in behemoths like Exxon Mobil. Engine No. 1, a sustainability-focused fund, ran a successful proxy campaign against the oil giant and won three board seats. At MarketWatch's Be...

Can You Really Earn Passive Income From Nothing But Your Mobile Phone? - MacSources

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Mobile phones have come a long way in their development. Current mobile phones have processing power and space equal to the best computer 15 years ago. This is a testament to how fast technology advances.  The rate at which new tech renders old tech obsolete is alarming. This however is good for the future as machines become faster and more efficient. Phones, therefore, can be great assets that you can use to earn passive income.  Below is a list of how to make money from your smartphone. 1. Install a Passive Income App Passive income apps help you make extra money online by sharing your Internet bandwidth, data or time. Honeygain pays you to share your extra Internet bandwidth to businesses that need more of it. On the other hand, SavvyConnect pays you to collect data about your online movements. It tracks data about where your buy stuff online and pay you in return. Other passive apps—Survey Junkie and S...

Four easy ways to make free money fast — Retail Technology Innovation Hub - Retail Technology Innovation Hub

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Learning how to make money fast is a skill that can come in handy in many different situations. Whether you need some extra cash to cover a shortfall until your next payday or you're looking for ways to save up for something special, there are plenty of options out there. And if you're willing to put in a bit of effort, you can usually earn money pretty quickly. Here are four simple ways that you can start making free money today.  Do odd jobs Doing odd jobs is a great and relatively easy way to make free money fast. They can be done both online and offline. For offline options, you could help your neighbors or other people do tasks that they might find difficult, such as mowing lawns or doing some plumbing work (if you are skilled at that). More opportunities are available online, though. Especially since the rise of the gig economy. For example, Fiverr is a website where you can offer your services for just $5. It's a great way to make some quick money doing odd...

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