Carnival of Fraud – January 12, 2009

Posted on January 12th, 2009

Welcome to the January 12, 2009 edition of carnival of fraud.

Silicon Valley Blogger presents Ponzi Scheme, The Madoff Scandal: Tips To Avoid Becoming A Scam Victim posted at The Digerati Life, saying, “Thank you!”

The Smarter Wallet presents Avoid Scams: Watch Out For False Advertising and Skip The Snake Oil! posted at The Smarter Wallet, saying, “Thanks!”

Joy presents The Madoff Dream and the Mad Cow Disease posted at Fulfilled Dreams, saying, “The Madoff Dream and the Mad Cow Disease, what do they have in common? They spark schizophrenic fear, they put economies onto a halt, every business in the sector gets quarantined at the slightest hiccup and the farmers always lose their shirts…”

Shaun Kavanagh presents How To Avoid Being Scammed on the Internet posted at Kavmerica.com.

Praveen presents The Financial Crisis, Madoff Scandal, Bailout, and Black Boxes posted at My Simple Trading System.

Isaac Yassar presents Why You Should Never Join MLM posted at Isaac Yassar .com, saying, “Hi, I’m Isaac Yassar and I help people reaching success in self development, business, and blogging for free. Do you think Windows would be the most popular operating system in the world if Bill Gates sell it through multi-level marketing?”

Jim presents International Star Registry Is A Ripoff posted at Blueprint for Financial Prosperity.

Jeremy Simon presents Criminal Charges: Volume XXII — Fraudsters on holiday posted at blogs.creditcards.com.

The Whited Sepulchre presents The Forecast for the Free-Market: Stormy posted at The Whited Sepulchre, saying, “Is there a significant difference between the Bernie Madoff fraud scandal and the bailout packages?”

Raymond presents MonaVie Acai Berry Juice Scam posted at Money Blue Book.

That concludes this edition. Submit your blog article to the next edition of carnival of fraud using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.

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Related posts:

  1. Carnival of Fraud – December 15, 2008
  2. Carnival of Fraud
  3. Carnival of Fraud – August 4, 2008
  4. Carnival of Fraud – May 26, 2008
  5. Carnival of Fraud – June 10, 2008

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Comments (3)

  • 13 January 2009 at 6:21 pm |

    Hi, I’m Isaac Yassar and I help people reach success in self development, business, and blogging for free. Thanks for including my post “Why You Should Never Join MLM” in your carnival Tracy, I appreciate it. By the way, you have done a great job in hosting the carnival and compiling all those great articles, good job!

  • Don
    14 January 2009 at 10:49 am |

    Isaac,
    What an interesting comment.
    Why are you so convinced about MLM?

  • 14 January 2009 at 6:00 pm |

    Hi Don,

    Thanks fo your response. Well, I had been in some MLM, my friends had been in some MLM, and I have read about some MLM, so I can write the article. If you would like to know further please read my posts “Why you should never join MLM” at:

    http://isaacyassar.blogspot.com/2009/01/why-you-should-never-join-mlm.html

    You see, most people want fast and passive money, and that’s why they join MLM companies. However, they do not notice that according to statistics, most of MLM are scam-ful, and most of those who joined, end up scammed. Bill Gates successfully made Windows the most popular operating system in the world because he did NOT sell it through MLM.

    A few days ago, I read Darryl Kimball’s article about MLM, where he said that he had been in a MLM company for years when a newbie in his company accidentally prospected him, and guess what, he didn’t like it! That’s funny. He finally felt what all his prospected people felt. Too bad he does not join this carnival. Ahh I forgot the title of his posts.

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