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Work At Home Scam Alert: "Cash Leveraging"

Filed in archive Work at Home Scams by Sue Walsh on January 31, 2008

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I received yet another home based business "opportunity" in my inbox this week. This one promised I could make up to $3500 a day just by returning a few phone calls. It's called "Cash Leveraging", which is just another name for an age old scam otherwise known as the Ponzi or pyramid scheme. To explain how it works, here is an excerpt from a report on RipOffReport.com:
My husband answered an online ad stating 'Make money at home for returning calls - no selling'. We emailed and a man named Jonathan Parr who lives in Corsicana, Texas and Amelia Island, Florida emailed us for our number. He called within 30 minutes. He refused to give any information via email.

We were told we could make between $500-1,500 per day returning phone calls and we wouldn't be selling anything - just answering questions for 2-3 minutes. We should have known it was a scam because he didn't want to give many details until we were 'qualified' (as in sent in the money) He was instructed to send $3,500.00 cash via FedEx.

Once the money was received, a guy named Elbert West from Carthage, TN emailed my husband about 200 phone numbers. He was instructed to call and tell these 'leads' about the program and try to solicit them to send $3,500.00 to JONATHAN PARR. Well, we were shocked on several levels. Why would we ask anyone to send someone else money before we had even gotten our money back not to mention that this just seemed wrong. As you can imagine, this did not work out well as my husband just didn't have his heart in it because he suspected this was illegal.

Well, it is illegal and it's categorized as and 'gifting program' which falls under the heading of 'organized crime'!

Needless to say this is one home based "business" to say far, far away from!


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Tags: home  based  business  work  at  home  home  office  telecommuting  work  at  home  scams  cash  leveraging  giftin 

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