Category Archives: Economy and Meltdown

Beware Of The Scam Artists!!!

I was recently surfing the net, checking out some new opportunities when I received a very interestin e-mail.  The subject was ‘(¯`*•.(¯`*•Get 50,000 FREE Visitors to a URL of YOUR CHOICE’

Naturally I was intrigued…50,000 targeted visitors to my website plus additional income stream!!  I wanted to find out more.  After reading the sales pitch and all the usual hype, I decided I still wanted to know more, so I input all the contact details that were required.  This involved my telephone number which with hindsight, I wish I had put in a false number.

Anyway, I was soon re-directed to another website, where I was greeted, in person by a Dr Jeffrey Lant and one of his associates Stephen Whittle.  They both greeted me and before I knew it, I was asked to view a 20 minute video.  Still intrigued I watched.  I was told how Dr Lant was a Harvard Graduate and how his business had been around since 1994 and was a member of the Edmonton Better Business Bureau.

I was told how for only $99.95 I could trial their system and that all I had to do was deliver prospects to their website.  They would then close my sales and do all the hard work, paying me 80% commission for my efforts.

After spending 20 minutes watching the video I was then sent back to the discussion room where Dr Jeffrey and his associates instantly welcomed me and hit me with some more offers.  I was told that 10 people would be added to my downline, 50,000 instant visitors to my website, a $99.95 trial fee that had no contract and could be cancelled at any time.

Whilst I was getting all these offers, more and more people were joining the room and being welcomed by Dr Lant and his associates.

I was told that I had 2 minutes to accept the offer or it would be gone.  I was also told that I would have to attend a live webinar in 10 hours to enrol in my Millionaires Bootcamp.

I was constantly reminded how they would do all the work, all I had to do was send them prospects and collect 80% commission – what could be simpler?

Something didn’t feel right.  You know that gut feeling you get when you know something is too good to be true?  I decided that I would not spend anything at that time.  Instead, I researched Dr Jeffrey Lant and his amazing WorldProfit outfit.  I visited the Edmonton Better Business Bureau, and sure enough, there it was.  An accredited company with more complaints than usual, but was still accredited and on the register for the Better Business Bureau.  Then I looked for WorldProfit and found that they had been around since 1994 and that they had been making money.

A search for Dr Jeffrey Lant proved a lot more interesting.  My search engine had predicted my search terms and as I put in Dr Jeffrey Lant, it added Scam to the search phrase.

Now I was on to something.  Why would such a reputable company, with such an esteemed founder and CEO have an automated search term of ‘Jeffrey Lant Scam’?

I read the articles, the posts and the forums on our good friend and was shocked to the core.

What I found was that WorldProfit was nothing more than a scam.  Admittedly a very good scam, but a scam none the less.  You see, the $99.95 monthly fee, with no contracts and no cancellation fee was a lie.  These guys sell their ‘Silver Package’ (that is the only package they have) for around $1,200.  When unsuspecting victims join, they are actually agreeing to finance this by 12 instalments of $99.95 – try to cancel and they want 30% of the balance, stop paying them and they will hit you with a legal notice and threat of legal action.

Expect to get 50,000 and you are in for a surprise.  You have to pay them to advertise your business, they then deliver customers to you, until you have had 50,000 visitors.  Not exactly free is it?

Then there is the hard sell.  For those unfortunate enough to have joined WorldProfit, they are now in a desperate race to get more people to join in order that they can recoup their losses.  Oh, and another thing, don’t expect to get paid on time or in some cases ever.  WorldProfit have some very sneaky ways to avoid paying you a dime.

Whilst I was doing my research, my phone started ringing.  I ignored it as I was engrossed in my research.  I checked my voicemail and had a message from a rather anxious sounding guy who was inviting me to a WorldProfit Webinar that day!  Now you see why I wish I had used a false number.  The calls were relentless and I got about 4 calls from 4 different people all inviting me this damn Webinar.

Let me just say, that there were some positive posts and articles.  For instance their was the guy praising Dr Lant for all his hard work and fantastic results.  As expected however, this was a WorldProfit distributor, not exactly impartial.

Then there was a guy who had made a post on a forum complaining about appalling service, poor systems and the fact that he had been scammed.

A rather positive reply was left, stating how wonderful the company was, how it acknowledged the mistakes it had made but none the less, it was making millionaires out of ordinary people.  By the way, that reply was made by Sandi Hunter, the president of the company.

I copied all of the URLs that I had found on the WorldProfit Scam and on the Dr Jeffrey Lant Scam and returned to their sales centre.  Again, I was greeted by Dr Lant and he immediately asked me why I had not signed up.  Then his associate was quick to call me a time waster and a loser.

Never one to lose my cool, I simply said I had been researching the opportunity and that it all seemed very interesting.  They were soon telling me how fantastic their business was and how I was going to be their top producer.  Then I hit them with it.  I said, ‘Jeff, I have been doing some research and whilst I am interested in your program, there are a claims that I would like you to anwer’.  Wll, the good Dr, hate being called Jeff, so I immediately annoyed him.  Then I posted the URL links to the page.  He read them and after 10 minutes started shouting abuse at me, telling everyone in the forum how I was a pain in his ass, how I was a loser and how I would never make it in life.  He was rude, obnoxious and could not answer defend any of the claims against him.  Instead, he acted like a child and barred me from his website.

Needless to say, I was also taken of the invite list for his webinar.

So what did I learn?

WorldProfit is a scam and Jeffrey Lant is nothing more than a scam artist.  He has made millions over the years and does not hide that, but he has done it by robbing people of their hard earned cash and by giving false promises.  I don’t even think Sandi Hunter, the CEO could offer any defence for the disturbing behaviour of her company.

I was lucky.  I did not get involved with WorldProfit.  However, I do feel for those that have been sucked in to the scam.  These people were looking for a way to make money on line and Dr Lant has robbed them and now these people are desperately trying to recoup their losses.

My advice to those people is cut your losses, look for a genuine opportunity and forget about Jeffrey Lant.  If these people are trying to build a presence on line, their reputation will be tarnished as a result of the association with WorldProfit and Dr Lant.

For those of you that are unlucky enough to receive unsolicited emails from WorldProfit distributors or Dr Lant, my advice is simple – RUN AS FAST AS YOU CAN!

Andrew McLachlan has been in business for the past 5 years, recently entering into the home business arena. Now a top earner and mentor in the home business industry with a passion for helping other achieve success. You can find out more about him at as well as

What You Should Know about Insurance Fraud


As a well-practiced criminal defense attorney in Texas, Henry Wade of has had a lot of criminal cases pass before him, both from his time as a lawyer and as a judge. And according to Wade, insurance fraud is, most simply put, making up an insurance claim when nothing actually happened.


From a young age, children are taught the value of telling the truth. In fairy tales, lies are distinguished with a growing nose, as in Pinocchio. And, no matter what story is, the “good guy” always emerges as the victor. Yet, somewhat instinctively, it seems like human nature to lie. Sometimes the lies are small and cause no harm. Other times the lie is drawn out and carefully planned, used for personal gain.

While the average person probably won’t ever get caught in such a scheme, the networks of people who do commit insurance fraud are costing companies millions of dollars every year, and are driving up premium rates for everyone. Instances of health insurance fraud, car insurance fraud and home insurance fraud are quickly on the rise.

Penalties for Committing Insurance Fraud

Insurance fraud is a crime on both the civil and criminal level, which means that not only will you have to pay hefty fines upon your conviction, but you can also be sentenced to complete a prison term. Medical insurance fraud, for example, is considered a federal crime.

The current administration is working to tighten the laws regarding insurance fraud. And, according to The Washington Post, by the end of 2009, President Obama is expected to sign an executive order that will center on eliminating government waste and fraud, particularly in Medicare and other benefits programs.

As more groups come together to rally against enforcing stricter laws, that would not allow people to so easily receive money on the basis of false claims. And the sentencing for these crimes has increased as well, with most of the convicted serving actual jail time.

Serious Criminal Offense

Even if you never have committed forgery, you can still end up paying for the money insurance companies mistakenly pay. According to the nonprofit group Coalition Against Insurance Fraud, an organization that prides itself as being a national clearinghouse of fraud information, $80 million a year is stolen due to insurance fraud. This correlates to higher premium rates for every insurance policy holder.

If you find yourself being investigated or accused by an insurance company for fraud, or the police, you should contact an experience criminal defense attorney in your area who can help you gather the information you need and prepare you for any interrogations or court dates.

Henry Wade is a writer for Yodle, a business directory and online advertising company. Find a<a rel="nofollow" onclick="javascript:_gaq.push(['_trackPageview', '/outgoing/article_exit_link/2864043']);" href="”>lawyer or more lawyers articles at Yodle Consumer Guide.


Is Your Online Anti-Fraud Strategy Up To Speed?

With online fraudsters constantly finding creative, cruel and unusual new ways to part web consumers from their hard earned funds: more elaborate, more ambitious, more organised cybercrime on the ramp as a result, and traditional preventative measures under the cosh, is your organisation’s online anti-fraud strategy up to speed?

Ori Eisen, founder and Chief Innovation Officer with online anti-fraud specialists 41st Parameter, talks us through ten key approaches.

1. Check billing and shipping addresses

Online crooks often have goods shipped to addresses other than those specified as the billing address- so checking if the billing and shipping addresses are different is a good start.  The use of ‘drop-shipment’ addresses is another common tactic – if multiple orders are being diverted to the same drop shipment address, place it on a negative list until it can be verified one way or the other.

2. Increase device ID data

Establishing the true identity of the device being used to complete a transaction is essential, and so, therefore is the construction of a comprehensive device ID profile that goes beyond single data elements such as the IP address. Comparing the time a transaction is made against the time zone and the language settings of the device it is made on can highlight inconsistencies for example.  So if a device purports to be in, say, France, but is running a transaction in Russian language settings via the Pacific time zone, it’s worth looking into.

3. Maintain standard checking systems

Address Verifications Systems (AVS), Card Verification Values (CVV2) and Verify are all important security mechanisms.  An important barrier that is nevertheless easily negotiated by legitimate consumers, such systems cut out a lot of low level fraud, especially from one-off, opportunist, and unprepared fraudsters.

4. Remember…. IPs can be spoofed

More sophisticated fraudsters are able to fake their locations and appear as though they’re anywhere in the world thanks to IP address ‘spoofing’- so simply monitoring IP addresses is a less than fraud-proof approach ie. Where the IP address is one of the key assessment criteria, a fraudulent transaction can be made to appear entirely legitimate simply by quoting the IP address of the genuine card holder.

5. Check for ‘lazy’ keystrokes

Another tell tale sign of suspicious activity or a questionable customer profile is instances where names, email addresses, passwords and so on are entered using keys grouped closely together on the keyboard.  Criminals rushing through vast amounts of data entry as they try to randomly ‘guess’ ID data often try to save time by using combinations of letters close to one another – a,s,d and f for example.

6. Be wary of anonymous email addresses

While ‘open to anyone’ online email clients like Hotmail, Yahoo and Gmail are popular among many legitimate customers, they are also an easy way for fraudsters to set up multiple email addresses.  Accordingly, a transaction cannot and should not be trusted simply because the quoted email address (just as easily created by a crook as the person themselves) matches the cardholder’s name.

7. Watch for ‘email tumbling’

Checking for sequential email addresses- aka ‘email tumbling’ – is another quick, easy way to spot organised fraud transactions assigned to, say, joeblogs001@, joebloggs002@, joebloggs003@, is indicative of a fraudster automatically generating email addresses.

8. Maintain manual investigations

While automatic analysis tools are certainly useful in picking out suspicious links and patterns in data that may not be obvious to fraud investigators, human review remains an important tool- particularly in establishing themes computers would struggle to spot.  A computer would be unlikely to connect the names David Beckham, Wayne Rooney and Steven Gerrard for instance, while a human eye would very quickly identify such a pattern as suspicious.  Human intervention should therefore still comprise up to around 5% of all fraud analysis.

9. Look for the rest of the iceberg

The discovery of one fraudulent transaction can often be the key to unearthing a raft of similar cases.  Use every information parameter relating to the original case at your disposal.  Search for transactions that share the same or similar details- even if it’s only in a single parameter.  The similarities may be small – tiny commonalities in email and/or postal address, in phone numbers, in time zones – but such patterns often point to fraud.

10. Use free mapping tools

Free-to-use mapping services like Google Maps can be useful adjuncts when investigating cases of potential fraud.  Is an address that claims to be residential actually a commercial premises? Are shipping and billing addresses close together? If not there may be cause for suspicion.

The range of parameters and checkpoints you choose to set as a business will depend on a wide range of factors- from the characteristics of your customer base to the capability of the fraud team.  Remember though, that while each of the approaches described here is useful in its own right, none can in itself be regarded as a panacea.  In other words, the more measures and care you employ in monitoring your business’s online trade, the less suspicious transactions can and will slip through the net.  Ori Eisen is also the former worldwide fraud director for American Express and director of fraud prevention at VeriSign.

A leading global single source provider of IT products and servicesFrom competitively priced computers, hardware and software to services ranging from basic configuration to advanced design implementation and financing, we solve the IT needs of businesses and organisations of all sizes.

Understanding Forex Trading Scams

A forex trading scam is any scheme employed by certain people to trick individual traders by trying to convince them of gaining a high profit margin by trading in the foreign exchange market. The forex market has long been plagued by swindlers able to prey on the gullible in order to defraud them of money. Gullible foreign exchange investors can be defrauded of thousands of dollars in a forex trading scam.
A typical case of a forex scam happens when investors are promised with tens of thousands of dollars in profits in just a matter of a few weeks or months in return for an investment of a thousand or so dollars. When an investor agrees to take part in the scam, the investor’s money is never actually traded in the forex market. It is usually diverted to an unknown account for the personal benefit of the scam instigators.

The nature of the forex market is that it is a zero-sum market. This simply means that whatever one trader gains, another trader loses. Unlike in the stock market, there is no instance that everyone profits in the foreign exchange market at any one time. There are always winners and there are losers, although it might not be on a single transaction.

Forex scams may be identified for their common characteristics. One of the obvious signs of such scams includes promises of large profits. Most forex scams try to attract unknowing victims by guaranteeing high returns for low risk investments in certain currencies. Masterminds of forex scams also use high pressure tactics to convince investors to immediately send money through money transfers or through overnight delivery companies.

These scams may come your way through advertisements in newspapers and magazines. Such ads promise high rewards for supposedly low risk investments in the foreign exchange market. Some scams may even make use of unsolicited phone calls to contact prospective investors and use their high pressure tactics to convince people to take part and invest in their scam.

One of the ways to avoid becoming a victim of such forex trading scams is by being aware of these signs. Another way is through a bit of investigation. Before investing on a supposedly attractive deal that you suspect to be a scam, try to investigate its background. Before you give any amount to a certain forex company offering highly profitable guarantees, try to check whether the firm involved is registered with the CFTC or the United States Commodity Futures Trading Commission or the NFA or the National Futures Association.

Dennis Chiu,
Writer and Certified Blogster

Wealthy Affiliate Platinum Scam? Read And decide If Wealthy Affiliate Platinum Scam Is Indeed A Scam Or Not!

Wealthy Affiliate Platinum Scam or is te really? I have always been afraid of internet scams and this has made me quite skeptical about anything that I have to pay even just a dollar for. Would you like to know what I found about WA and if this Wealthy Affiliate Platinum Scam is for real or not? Then please continue reading.

Many people that try to answer the question if Wealthy Affiliate Platinum Scam is indeed a scam or not are either too biased in their opinion because they are members of Wealthy Affiliate Platinum and they are promoting it. On the other side of the fence you will find gurus who shoot down Wealthy Affiliate Platinum for their own selfish reasons. That leaves a poor guy like you and me who is looking to make an honest leaving as an affiliate marketer between a rock and a hard place so to say, I did tell you that I am afraid of scams.

Ultimately the person who can answer the BIG question of WA Platinum Scam being a reality or not is the individual by taking the leap and seing things for themselves. I know the risk in what I have just said. This means you have to pay and risk loosing your hard earned money on these scams. What I always say and believe is that many of these make money products are not realy scams but they just do not offer great value. They even offer you in most cases a 60 day full money back guerrantee so the risk might not be that high after all. I have taken full advantage of that 60 day guerantee on a number of occasions believe me.

I am going to be honest and say it, but I am sure you know it already. Im a member of of the Wealthy Affiliate Platinum Scam as you might think of it at the moment. So that allows me to have a little inside info, when Wealthy Aiffiliate Platinum launches on the 15 of september you can have access to the whole system and tools and even the webhosting for a . I think Kyle and Carson are crazy for doing that and I am not sure if this crazy $1 trial will last even for a couple of days.

Crazy or not,  This should give you a good and not so risky opportunity to make up your own mind about whether the Wealthy affiliate Platinum Scam is indeed a scam or not instead of having everyone telling you what they think.

September the 15th 2009 sees the Launch of The Best Wealthy Affiliate Ever… The Wealthy Affiliate Platinum. Kyle and Carson will offer you an opportunity to test drive Wealthy Affiliate Platinum for an insane trial at $1 with full access to the best learning resources and tools. Read my full review of Wealthy Affiliate by visiting my website at