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Work at Home Moms Talk Radio Warns Moms Falling Victim to Auto-Surf Ponzi Schemes
12 February 2006 An Internet money-making scheme, called auto-surfing, has stay-at-home and work-at-home moms risking their family finances and luring other mothers in with them. Work at Home Moms Talk Radio is speaking out against this potentially illegal activity and educating moms on exactly why they should be aware.
"It's a typical story. Mom tries her hand at online business, but finds it's not producing the fast returns she was hoping for," say radio show owner, Kelly McCausey, «so they are lured into too good to be true money-making opportunities like auto-surfing."
Auto-surf programs say they are an income opportunity that pays members to view websites. Each auto-surfs has its own specific method of operation, but the general idea is the same. In order to get paid, each member needs to buy a membership. As long as the member logs in every day and views websites in the program, she will receive a certain percentage return on her investment daily. The percentages range from 1% - 12% daily and higher. In order to pay these returns to older members, the program relies on new members to sign up. It appears these are simply Ponzi schemes, disguised as an advertising venue for website owners and there are a number of authorities that agree.
One such scheme, with an estimated 300,000 members, has been unable to payout to its members. It all began last week when the company's payment processor froze their account and stated that they are working with authorities in an investigation.
According to WTOC 11 in Georgia, the North Carolina Department of Justice is looking into consumer complaints. In addition, on February 8, 2006, the Georgia Governor's Office of Consumer Affairs, stated that this company is a «potentially fraudulent Internet scam.»
To spread the word and caution moms from getting involved in such schemes, McCausey has dedicated a full radio show to illustrating the dangers of auto-surfing. She has interviewed one mom involved in auto-surfs and has called on Internet Marketing expert, Alice Seba of InternetBasedMoms.com to show the true nature of these programs.
"When Kelly asked me to help her with the show, I jumped right all over it,» says Seba, «I've witnessed a lot of moms frantically trying to get others moms to sign up under them for these programs. Now I see the same moms worrying how they're going to pay rent and utility bills. It breaks my heart and I don't want to see any other moms affected."
To find out more about the potential dangers of auto-surfing, all are encouraged to listen to WAHMTalkRadio.com starting Monday, February 13, 2006. The show will be archived permanently as a public service to those who need more education on auto-surfing programs.
Contact: Kelly McCausey or Alice Seba
P. O. Box 2255
Gaylord, MI 49734
Phone Number: 604-543-4509
Website: http://www.WAHMTalkRadio.com
Source: emediawire
All trademarks and copyrighted information contained herein are the property of their respective owners.
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