Another "Scam"

  Bingalau 13:47 25 Aug 2006

Just pinched this article from another site, I thought it might serve as a pre-warning to people on this side of the pond as well. ..Bingalau..

You've been talking a little about e-mail scams recently and I was just wondering about one more. One e-mail I have been getting a lot lately is from Bruce Berman and he talks about how you can become a millionaire. What's the story with this one?

Yes, I know I've been telling you quite a bit about e-mail scams lately, but you all seem pretty interested in it, so I'll talk about one more that's been going around. There is a man named Bruce A. Berman who claims he can show you how to become a millionaire in a matter of days. His book is called "A Master's Course in Becoming a Millionaire" and his famous hook line is "I got here. You can too!" Well, all I can say is you might be able to get there, but you'll only go further in debt if you follow this man's lead.

The e-mail will take you through a scenario of being at a loss for money and not being able to handle everything you have to pay for. Berman will then tell you the different ways he can help you get back on your feet. He says that he will even give you the book for free if you just go to his Web site and order it. The only thing you have to actually pay for is the shipping cost. Sounds like a good enough deal, right? Wrong!

The shipping charge is only $3.95, which may not seem like much, but wait until you read the fine print. When you get your order, you suddenly have an eight CD set of something called "Aggressive Wealth." When giving your credit card number for the shipping fee, you unknowingly give your "consent" to pay for the CD set. The fine print then tells you that along with the free book, you are given a 30 day trial of the CDs. If you don't return them before the 30 days is up, you will automatically be charged $99.00. Not reading the small print at the bottom of the ad is what catches most people.

Once you figure this out, you can call a toll-free number to cancel the order, but the number really isn't toll-free and you end up paying for the long distance charge as well. On top of all that, their customer service gives you the run around and you wind up spending more in the end than you had at first. Whew, what a nightmare!

One reader e-mailed me and told me he lost out on $200 from this e-mail scam. Don't let yourself get caught too. As I always say, don't open any suspicious e-mails or better yet, don't open any from anyone you don't know. To stay safe, just look at the e-mails that come from your friends, family, co-workers, etc. You have to keep yourself and your money safe in this day and age. Hopefully this tip will help you from being fooled like so many others!

~ Erin

  Colin 14:13 25 Aug 2006

It still amazes me that people fall for these scams. But the more publicity about them the better.

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