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PROTECT YOURSELF FROM SCAMS!  Research all business opportunities thoroughly, and never blow off other people's bad experiences.  Ask around (and listen!).  The Scams101 Message Board is a good place to start.  What's that?  You've found a Biz Op and you're wondering if it's endorsed by FIB?...  Not unless it's listed in MaaMaw's Magnificent Toolbox.






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FIB - Scams 101

Apparently it's not Forex trading....

Posted By: Mel. White
Date: Monday, September 3, 2007, at 8:35 a.m.(pst)

In Response To: Re: Is Forex Enterprise a scam? (Dennis Bevers)

My reaction to this one is "ugh"

Now... let me add that Ethics is high on my list of "things I want from a mentor." This guy kicked himself out of the ballpark when he wrote:
>>> "Because what I came up with involved... Stealing! It wasn’t illegal.
>>> You’ see I wasn’t stealing anything of physical value. I was “stealing”
>>> other people’s online incomes. In fact I was halfway to Robin Hood. I’d
>>> steal from the rich, but I hadn’t got round to giving to the poor. My
>>> methods involved a discovery of how I could accurately estimate the
>>> revenue a website was generating, to within $200. I’d then “Steal” there
>>> idea. I’d recreate their website, and all I needed to invest was around
>>> $20 in each of “my ideas”."

Right there, he says that ethics aren't much of a concern. Typically someone who feels others are there for their use is NOT a good person to have as a mentor/business advisor... because they'd take your money and not care if you got nothing out of it.

At least, that's what he's implying.

To quote from another source, his "system" involves "joining studiotraffic, dxinone, ebay selling, casino betting system, online surveys". There's a few reports that people have made some money but more reports of "I got this in spam mail... is it any good?"

One of our basic tests here is "if it came in spam mail, someone's not doing very well with this."

Other red flags to consider:

* his headline -- "here is a way to make money that has never yet failed" -- I don't find that believable. EVERY moneymaking method fails at some point and for some set of conditions (people lose interest in the product or a better one comes along, for instance.)

* his ethics statement (see above)

* the "newspaper story"... looks good but you notice you can't check the newspaper name to see if it's real? And his site doesn't say what state he's in (I think it's California)?

* conflicting data from others posting about it... something about a "web store" (I suspect you're joining HIS affiliate programs, so it makes him rich but not you), "for US residents only", etc, etc.

* reports that it's just "clickbank advertising" (which you can learn for free... this seems to be correct, based on his video. (note... I could very easily fake that video. I don't know what his computer skills are and I'm not saying it's faked, but it can be faked.)

* very vague details about what you'd be doing and a misleading name.

Now... I see a lot of cheerleaders for this on the web. I'm a tad suspicious, though. If you're interested in this, grab some of the free materials on clickbank and see if that kind of thing is for you BEFORE you consider buying a course/opportunity (since what he's doing is clickbank, it'll be easier if you already know how to use clickbank.) I wouldn't go into it myself... the whole website and all gives me a "creepy feeling" and it's not someplace I'd throw my hard earned money.

If you're interested in currency trading (the REAL Forex), start with this blog (it's Aussie but it'll give you a feel for things):
http://forextradinglog.com/

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