Free Money

NEW YORK (WABC) -- Everyone is looking to make a little extra cash these days, especially with the holidays right around the corner. For this Free Money Friday, 7 On Your Side's Nina Pineda has details on how you can earn money just by sharing your opinion. There are a bunch of free survey websites and apps that you can sign up to give your opinion and earn cash back. These websites work with companies to do market research and pay you a small fee for your time. We looked into Inbox Dollars, Swagbucks, and Survey Junkie to give you a rundown on what to expect. Commonalities between all three sites is that you can earn around $0.25 to $5 per survey. Typically, the more time it takes to complete a survey the more you'll earn. For example, a 5-minute survey can be $0.50 whereas a 30-minute survey could be $1.20. On Swagbucks and Survey Junkie, you'll earn points that you can convert to cash but on Inbox Dollars it's always in dollars. For payout, you can redeem your earni...

The SEC is accusing a self-styled "Cash Flow King" of a multimillion-dollar Ponzi scheme using promissory notes supposedly backed by real estate in Ohio. The Securities and Exchange Commission announced allegations on Monday that Matthew Motil, a 42-year-old podcast host, author and resident of North Olmsted, Ohio, had raised about $11 million from at least 50 investors in a wide-ranging scam. The SEC alleges Motil encouraged investors to buy promissory notes supposedly backed by first mortgages on homes throughout his state. Motil said he was going to use the money essentially to "flip" the properties — renovate and then rent or resell them. In fact, said federal regulators, the notes were collateralized in some cases by only a single home. The SEC alleges that Motil used his podcast, "The Cash Flow King: The Realest Real Estate Podcast," to encourage investors to put money into the scheme. Motil's website, drmattmotil.com, separately invited visitors...

Jeremie Sowerby of Fountain Hills was arrested last month for allegedly scamming hundreds of people in cryptocurrency investment schemes. PHOENIX — When Sean Kuzmic learned about the arrest of his one-time friend, Kuzmic says he was not surprised. "He's ripped off a lot of people," Kuzmic said. Jeremie Sowerby, 45, of Fountain Hills was arrested last month for allegedly scamming hundreds of people in cryptocurrency investment schemes. One alleged scam offered investors the chance to purchase or lease cryptocurrency mining machines, receive new coins as rewards and exchange those coins for profit. In reality, according to prosecutors, Sowerby "overpromised and never delivered." According to investigations by the FBI and Arizona Corporation Commission, Sowerby's ruse invol...

Dear Prudence is Slate's advice column.  Submit questions here.   (It's anonymous!) Dear Prudence, My brother-in-law's girlfriend is my close friend. She's confided in me that he's crossed the line into emotionally abusive territory, and they're heading toward a breakup. I'm not sure how many details to tell my husband. I don't want to ruin my husband's relationship with his brother, but I don't like keeping secrets from him either. Help! —Wish He Was a Better Man Dear Better Man, Unless you have your friend's permission, don't share anything. It's great that they're heading for a breakup. Once she's safely separated from him, you can tell your husband what you know, he can talk to his brother about it if he wants to, and what happens with their relationship will be up to him. But just a warning: Now is probably a good time to start thinking about what you'll do i...

PTI, Nov 20, 2023, 7:35 PM IST New Delhi: Amway India, which runs a multi-level marketing (MLM) scheme, generated proceeds of crime worth more than Rs 4,000 crore and a substantial part of it was siphoned off to overseas bank accounts, the Enforcement Directorate alleged on Monday. The federal agency said this after filing a charge-sheet against Amway India Enterprise Pvt Ltd before a special Prevention of Money Laundering Act (PMLA) court in Hyderabad. The court took cognisance of the prosecution's complaint on Monday, the Enforcement Directorate (ED) said in a statement. The criminal case of money laundering registered by the ED stems from multiple FIRs filed by the Telangana Police against Amway and its directors. It is alleged that they were promoting an "illegal money circulation scheme under the guise of sale of goods" and "cheating the general p...

By Max Hudson, Simona Weinglass, Mark Turner and Joel Gunter BBC Eye Investigations BBC A global scamming network has robbed ordinary investors of more than a billion dollars. BBC Eye identified a shadowy network of businessmen who appear to be behind it. First, you hear a phone ringing. An elderly man answers. The caller introduces himself as "William Grant", from the trading firm Solo Capitals. He says he has a "great promotion" to offer. The elderly man sounds vulnerable and confused. "I'm not interested, I'm not interested," he says. But William Grant is persistent. "I only have one question," he tells the old man. "Are you interested in making money?" Jan Erik, a 75-year-old pensioner in Sweden, is about to get scammed, again. The call was made from the offices of Solo Capitals, a purported cryptocurrency trading firm based in Georgia. The recording is hard to listen to, because not only does the elderly man, Jan Erik, soun...

In fall 2022, investors who had poured ­hundreds of millions of dollars into ­short-term loans with mortgage broker Greg Martel were nervous. They had been collecting high returns on the basis that their money was pooled to provide bridging loans for real estate ­development, often for less than 90 days, to allow projects to secure permanent ­financing or pay off a current loan. Many investors were rolling over their money, and sometimes collecting their interest. But when there were delays in payments and some investors started calling for their principals to be returned, Martel balked and asked for more time. "I was desperate for the repayment … as my­ ­financial situation was rapidly deteriorating," Victoria resident and investor Laurel Rayani said in an affidavit filed in B.C. Supreme Court. Rayani had used her investment of more than $2 million, in part, to help fund a charity she had started. But as concerns grew in B.C., it didn...

NEW YORK--(BUSINESS WIRE)-- Macy's, Inc. (NYSE: M) today announced that Sharon Otterman has been named chief marketing officer of Macy's. Sharon will begin leading the company's marketing organization starting on Monday, December 11, reporting to Tony Spring, president and CEO-elect, Macy's, Inc. In this role, Sharon will lead Macy's strategic marketing, spearheading the company's brand evolution and build awareness, engagement, and loyalty amongst all customer segments. This includes brand activation, campaign advertising and content planning, creative, visual merchandising, branded entertainment, and media strategy for the Macy's brand. She also will be responsible for leading and building upon Macy's iconic experiences, including the Thanksgiving Day Parade, Macy's July 4 th Fireworks and annual Spring Flower Show. "Sharon brings a diverse background in media, entertainment, and digital transformation to Macy's. We are ...

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Sir Keir Starmer and Rachel Reeves, who was was forced to scale back the green plans in June - Stefan Rousseau/PA Sir Keir Starmer is considering watering down Labour's £28 billion green borrowing pledge even further as the party aims to prove to the public that it can be trusted with the economy. Aides of the Labour leader have urged Rachel Reeves, the shadow chancellor, to cut back the green prosperity fund, under which Labour would borrow billions a year to invest in environmental jobs and industries as part of a bid to go for growth. But in June, she was forced to scale back the plans, saying that instead of coming in at the start of a first Labour term in office, the policy would "ramp up" by the middle of the first Parliament. Now a party source has said there is growing pressure from Sir Keir's office to go further to reduce the cost and impact of the scheme. Another source said it was more important to fulfil Labour's fiscal rule...

Eliza Briscoe was told that all she had to do was put up $500 and bring in two additional people who would each contribute the same amount of money. In a little more than four weeks, she would get $4,000 in return. Like so many others being recruited for a "sou-sou," Briscoe was nearly duped into a pyramid scheme. It's hard not to be sold on the altruistic and cultural backstory of the sou-sou, also known as "Susu," "blessing loom" or "gifting circle." Promoters pitch the sou-sou as a common practice among Caribbean and African immigrants as a way to help their businesses grow. Briscoe was told she would be helping other Black folks, some of whom may have lost their jobs because of the coronavirus. "It seemed like it was legal," said the Maryland resident, who reached out to me as part of her due diligence research. "I didn't want to bring anybody in unless I knew for sure, because I didn't want anybody to lose their mo...