Sunday, July 05, 2009

Business Fraud Alert

We all know that the economy in US is facing troubles. With economic troubles comes more confused people willing to try out quick fixes for all their problems, problems that they built over years with irresponsible credit card usage and need-it-now philosophy. And this is a perfect hunting ground for fraudsters and con-men. I've already written about MLMs and how stupid and dangerous they really were. A friend of mine recently forwarded the following video about fraud with telemarketing.

I fail to understand how people think they can solve all the problems by buying a business opportunity over phone without thinking through it. Seriously, how stupid can you get?? Even if you've seen the person and gone through the product like a hundred times, there are chances of failure (I'm immediately reminded of the famous 'roti-making machine' that made rounds in the exhibitions in India which people bought and didn't get the round, well made rotis like the salesman once they tried it at home. Include the vacuum, the roti machine, food processor, whatever product you want). So, how can people be naive enough to believe something that is just shown on TV??? Beats me!!

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