Internet Scams: Riches Can Be Expensive

There are so many dubious Internet business offerings in this day and age it is impossible to assess their short and/or long-term value.

The problem is changeability; the Internet changes almost hourly and surely every day. That means the cash-earning enterprises of yesterday are almost immediately superceded and rendered obsolete by even more aggressive wealth-creating engines. Not a small percentage of these enterprises are rife with risk and legal traps.

Some Internet millionaires are rendered broke and even debt-ridden in a matter of hours should their enterprises go sour, which they often do. One key red flag: When an "entrepreneur" offers a "moneymaking" plan that is preboxed and for sale at a price around $47, that simply means his plan has been exposed and he is selling out as soon as he can before consequences set in, so others will have to "hold the bag."

Yes, it is almost like the old "multilevel marketing" plans and "pyramid schemes" that required an infinite number of "customers" for anyone on the low end to profit in any meaningful way.

May the buyer beware.

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