WORK AT HOME SCAMS
Below are the worst work at home scams we have found. Based on consumer feedback as well as our own investigations (including searching all business bureau databases) we have compiled a list of the worst work at home scams. Next to each entry is our composite rating, on a scale of 0 to 100. Simply click on each company's name to be transported to their website.
5 Worst Work At Home Scams
Name: Computer Millions
Rating: 0
Average Investment: $2,000
Average Yearly Return: 0
Summary: Britt Phillips runs this operation which lures people in with the promise of untold riches selling vacation properties. Participants report receiving little support and being constantly bombarded with sales pitches from Britt. Given the amount of money many have lost, those we interviewed were extremely angry over their experience with this organization.
Name: Electronic Medical Billing Network
Rating: 0
Average Investment: $700
Average Yearly Return: 0
Summary: This opportunity especially appeals to stay-at-home moms, who are promised a comfortable living providing medical billing services right from home. Unfortunately, after paying for the software and training, participants learn the awful truth that most doctors do their own medical billing in-house. Those doctors that don't bill themselves generally choose one of the larger, more established billing services. The end result is a waste of a lot of time and money for anyone who gets sucked into this scam.
Name: The Greatest Vitamin In The World
Rating: 0
Average Investment: $600
Average Yearly Return: 0
Summary: This outfit is headed by Don Lapre, who some may know from his infomercials hawking 900 numbers as a money-making method. This vitamin opportunity doesn't seem to be bringing its participants anything but heartache. After your intitial investment, expect to be hounded to buy more advertising, web site design, and anything else they can think of to drain even more money from your pockets. With over 20,000 people trying to sell these same vitamins all over the internet, the chance of success is virtually nill.
Name: Bruce Berman's I Got Here, You Can Too
Rating: 0
Average Investment: $99
Average Yearly Return: 0
Summary: What makes this scam so insidious is that you don't even know it's costing you money until it's too late. You may have heard Bruce's offer for a free booklet on the radio. Trouble is, the fine print says you will also receive software which will be billed to your credit card unless you cancel the offer. And in order to cancel the offer, you need to speak with one of Bruce's salespeople in person by telephone. Unfortunately, these sales people are always busy when you call and rarely call back. Should you end up keeping the materials, all they really tell you how to do is to secure venture capital for a new business (assuming you are already have a winning business idea).
Name: Options Trading Course
Rating: 0
Average Investment: $117
Average Yearly Return: 0
Summary: This course in how to make money trading stock options from home wouldn't be so bad if it wasn't luring inexperienced people to invest their savings in stocks they know nothing about. The truth is, it's not so easy making money trading options, even for the big brokerage firms. We suggest you steer clear of this scam.
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