The US Federal Trade Commission, FTC, recently reported that they have cracked down on the Google Money Tree pyramid scam as a part of Operation Shortchange. Great news!
Google Money Tree, its principals, and related entities allegedly misrepresented that they were affiliated with Google and lured consumers into divulging their financial account information by advertising a low-cost kit that they said would enable consumers to earn $100,000 in six months. They then failed to adequately disclose that the fee for the kit would trigger monthly charges of $72.21, the complaint states. This case was filed in the U.S. District Court for the District of Nevada.
As we all know, money doesn’t grow on trees. However, there are still a lot of these ”make money from home” type of multi level marketing operations going around. Beware, if it sounds too good to be true, it probably is too.