Lawsuit against 5 Penny Auctions

If you run penny auctions you may want to keep an eye on this breaking story

FTC Steps Up Efforts Against Scams That Target Financially-Strapped Consumers

If you have not seen this.

FTC Steps Up Efforts Against Scams That Target Financially-Strapped Consumers

and this video from the FTC on the subject. Check it out.

FTC and Operation Empty Promises

Wonder when someone will come up with a way to make money on the internet that doesn’t get the public or government pissed-off in the long run.

Actually, there are many. Just doesn’t seem to be many in CPA industry.

We collectively need to change this as an industry or we will see regulation that make CAN-SPAM  look quaint.

There are way’s to make money and make all levels happy: Consumer, traffic source and government.

We get paid to be creative NOT criminals!

Increase the quality in the world NOT the noise

IMV

Trust No One

Breaking News – FTC Finds Paid Reviews Defy “Truth In Advertising”

FTC Finds Paid Reviews:

Another source:

FTC Link:

This was not an affiliate per say AND it goes with-out saying.

If, The FTC will fine and go after companies doing this practice

Small Business needs to be aware.

Playing the game of “they wont come after me” or ” Im too small” or “I host out of the country” is russian roullete NOT a business model. IMHO

I have commented on this enough times.

So, I wont go back over it.

IMV

Did I call it ? or did I CALL it !!!

Well ppc.bz broke the news.

“FTC to Announce Action Against Internet Marketers of Acai Berry Weight-Loss Pills and “Colon Cleansers”

BUT!

I told you days ago and months ago. What to do.

Know the TOS of your network, traffic & offers, know the Laws of Trade in your country and the ones you deal with, sell a real product with real value and know the history of your industry and others with regards to the gov.

Since, If the gov. slap you.

A Google slap will be the least of your worries.

Funny thing is (or not so funny) I remember last year before ASE is when Google did their big slap and their #1 targets besides ringtones was ACAI and COLON CLEANSE!

History repeats itself.

Now, go read some Claude Hopkins and start telling the truth.

You may not get the customers at first since everyone seems to like the “shinies”

BUT!

You will get the smart ones 1st and the ones who got burned. And that is a big piece of the pie.

Who wants the idiots that keep buying into scams again and again?

Oh!

Right !

The parasites that feed off of them for their income.

(sad how many of them their are)

I warned you before and I will post as the new laws unfold.

This is NOT new and The President even warned earlier this year.

“Sell crap and and we are gunning for you. Sell valid products and services. We are behind you”

It will only get worse for the criminals.

For the public. A new day is dawning on consumer law.

Lets hope this time they read the disclaimers.

IMV

The Ultimate Power – Predicting the Future!

Well,

It is nice to be ahead of the curve and if you read my Blog.

You have been.

By months !!!

The lastest one I called correct was the EPIC level of guru’s and courses coming out that are selling the ‘dream’ at high ticket prices.

To my surpise.

One of their own, Joel Comm. Has actually called the whole IM guru crew on it AGAIN!

He talked about it back in Feb 2010 and Then again yesterday 08-08-2010.

My only comment.

Besides, how spot on he is.

Is…

“Didn’t you have something to do with this ? or At least the ‘guru/teachers’ that you and others in your circle look up to?”

I doubt my comment will get posted.

After spending some time with the grand-father of IM and info-product marketing Mark Joyner and finding out that he too. Is sick and tired of seeing the deception and lack of ‘real value’ being brought to the internet by the current group of info-product (frauducts) pushers.

All I can say is…

A LITTLE TO LATE ON THE NOTICE !!!

So, what do I think will happen next ?

Well, I already called it on the Google slap, FB slap, CPV saturation, Mobile money myth. (Oh, wait… I only JUST mentioned that one )

I guess you are already seeing it.

Expect mobile to be the next ‘holy-grail’ as people get burned out on CPV.

Wait tell you see how many budgets get burned on this one and accounts banned when people find out you can NOT just txt anyone

My prediction ?

Watch the FTC and Merchant Accounts.

With new rules and money things are going to change more with those than with traffic sources.

Already I am seeing offers getting pulled that had the FTC take notice of months ago and I expect to see more.

Fake scholarships companies are getting busted.

Which resulted in Offers being pulled since some of them are from the same company’s

I am being very careful with what I run and who I run it with and how.

I would advise you to be too.  Especially with new laws and the money to enforce them.

Read the TOS of all that are involved in.

Read the FTC rulings.

Follow the FTC laws on IM

Watch the Laws being passed, just as much, as the offer trends.

Do not play fast and loose now only to have the FTC slap you later.

Remember, they can reach back and take your revenue from previous years and put you in prison.

Waaaaay, worse than a GOOGLE slap!

Be careful out there and Trust No One!

IMV