Exposing the "Blueprint to Wealth" Scam
Uncover the truth about the misleading promises and deceptive tactics used by the so-called "Blueprint to Wealth" scheme.
False Hopes Unveiled by the FTC
Get the lowdown on how the Federal Trade Commission cracked down on the shady business opportunity known as "Blueprint to Wealth." Explore how this scheme targeted those looking for home-based income and the tricks used to draw them in.
Reality Check: $20,000 Passive Income Claims
Be cautious about Blueprint to Wealth's promises of significant monthly earnings. Scrutinize the "everything-is-done-for-you" approach, and understand the actual risks behind the allure of risk-free, passive income. Though they entice you with hard-to-resist offers, the numbers are too good to be true.
Operators' Tactics Exposed: Guard Your Finances
hey made it sound easy and risk-free: pay up to $21,000 for membership plus advertising costs, then sit back, let the coaches handle everything else, and watch the money roll in from commissions generated by new membership sales. But, says the FTC, the scheme generated millions only for the defendants. People who purchased memberships typically got nothing. When people complained, Blueprint to Wealth blamed them for not doing enough — and then tried to convince them to pay even more money to generate income.
To avoid a business coaching or recruitment-based business opportunity scam, take these steps before you pay:
- Take your time and talk to someone you trust. Scammers will try to pressure you to get involved right away. Talk to someone you trust — a friend, family member, or neighbor—before signing up. Talking about it could help you realize it's a scam.
- Research the company and offer online. Use words like “complaint”, “review”, or “scam” to see what people say about it before you pay.
- Question promises of big money or profits. All investments have risks. Only scammers guarantee success or a return on an investment.
- Read success stories and reviews with skepticism. They might be fakes or misleading. Look at different sources and well-known websites for trustworthy and impartial expert reviews.
Combatting Scams: Your Reporting Role
Contribute to consumer protection by reporting suspected business coaching schemes to the Federal Trade Commission at ReportFraud.ftc.gov.
Empower Yourself: Avoiding Deceptive Schemes
Arm yourself with the knowledge to navigate the challenging terrain of business opportunities. Understand red flags and take proactive steps to safeguard your financial well-being against scams like "Blueprint to Wealth."
This article was published in collaboration with the Federal Trade Commission
Image Source: Pixabay
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