Scammers have preyed on people looking for work at home opportunities for decades. In the last 3 years over 10,000 complaints have been filed with the Better Business Bureau, for example, by people that have been ripped off.
But there’s good news. The Federal Trade Commission (FTC) has new business opportunity rules to help protect consumers. Anyone offering you a work-at-home opportunity has to now disclose, on an FTC form:
- The company’s identifying information (name, business address, and telephone number)
- If earning claims are made, the basis for that claim
- Whether the company, its affiliates, or key personnel have been involved in certain legal actions
- Whether the company has a cancellation or refund policy
- A list of people who bought this business opportunity within the previous three years
If you can’t get that form run don’t walk to the nearest exit, and report the crooks to the FTC.
This is good to know. I don’t have any plans to sign on for an “Online business opportunity”, but you never know what may happen in the future. I would definitely look for this information.
Excellent website. A lot of helpful information here. I’m sending it to a few friends ans also sharing in delicious. And of course, thanks for your sweat!