Use the search box on the left with your keyword or just “secrets of the rich”. just cast your nets and see what secret jams you ll find!
how to get rich quick, and schemes to avoid
A get-rich-quick scheme is a plan to acquire high rates of return for a small investment. The term “get rich quick” has been used to describe shady investments since at least the early 1900s.
Most schemes promise that participants can obtain this high rate of return with little risk, and with little skill, effort, or time. Get rich quick schemes often assert that wealth can be obtained by working at home. Legal and quasi-legal get-rich-quick schemes are frequently advertised on infomercials and in magazines and newspapers. Illegal schemes or scams are often advertised through spam or cold calling. Some forms of advertising for these schemes market books or compact discs about getting rich quick rather than asking participants to invest directly in a concrete scheme.
It is clearly possible to get rich quickly if one is prepared to accept very high levels of risk — this is the premise of the gambling industry. However, gambling offers the near-certainty of completely losing the original stake over the long term, even if it offers regular wins along the way. Economic theory states that risk-free opportunities for profit are not stable, because they will quickly be exploited by arbitrageurs.
Illegal get-rich-quick schemes
When there is no pretense at selling a product, many get-rich-quick schemes qualify as pyramid schemes or matrix schemes, which are illegal in many jurisdictions.
Ponzi schemes, which are similar to pyramid schemes and offer exorbitant returns on investment, are also similarly illegal in many jurisdictions.
Advance fee fraud.
Online get-rich-quick schemes
Get-rich-quick schemes that operate completely on the Internet typically promote “secret formulas” to affiliate marketing and affiliate advertising.
The scheme will usually claim that it requires no special IT or marketing skills and will provide an unrealistic timeframe in which the consumer could make hundreds of thousands, if not millions of dollars.
Schemes of this nature usually have catchy titles and images associated with wealth and luxury to encourage potential victims into paying signing up fees which can range from several dollars to thousands of dollars. The get-rich-quick scheme will heavily imply that the consumer will be able to earn much more than this small investment when they apply the special, secret techniques revealed in their training material they will send. Such training material is typically in the form of e-books or training CDs.
These schemes rarely work since the material sent to victims is frequently just basic or intermediate marketing material that is neither secret nor a guarantee to making a lot of money online.
Get-rich-schemes of this nature habitually share the same warning indicators that include, but are not limited to:
They will imply that anyone signing up will become rich within months to a year.
They will tell potential victims that the route to success is by following “secret formulas” that no one else knows about.
They will often claim they have been seen on various websites such as Google and YouTube, causing the viewer to assume said websites endorse the product.
They will use pressuring tactics to get the vicitim to sign up quickly, such as claiming that there are only a certain amount of copies of a CD left, or using special discount prices that are only available for a short amount of time.
Schemes such as this will often employ the tactic of displaying testimonials from “previous users.”
When trying to navigate away from their website, users are often presented with popup windows offering further discounts, in an attempt to make the user feel special.
Another indicator is the way the schemes are advertised. Many schemes will post so-called “success stories” on post-your-own-article websites.
Schemes like this will also be advertised through serial promoters. Serial promoters are individuals who are not directly affiliated with a given scheme, but will promote from one to the next almost everyday. In return the owner of the scheme may do the same for them, or if the get-rich-scheme is a Ponzi scheme, the serial promoters will be invited to join early in order for them to make money from new recruits.
An example of such products include the infamous Google scams, where the scheme will imply that viewers can make an income from home using affiliate advertising with Google, or simply posting links. These schemes have various titles and will trick the user into thinking they are endorsed or affiliated with Google Inc. through improper use of trademarks and logos.
Other popular online get-rich-quick schemes can include survey taking, whereby a user would complete surveys of varying subjects and get paid for the time. Get-rich-quick schemes take advantage of this and often promise that users can make a good income from doing this, which is not the case. Individuals who partake in survey taking can expect small profits that can supplement another full time income.
A different tack is taken by online “Clairvoyants” who offer to untangle psychic or ethereal blocks to wealth, for a one off or ongoing fee. Each has a different pitch but buying lucky talismans, obtaining lucky numbers for lotteries, or performing wealth attracting rituals often feature. Several such “Mystics” under different aliases operate from Rambouillet near Paris.
The legality of such schemes is often a matter of extreme controversy. This online get-rich-quick scheme cannot be described as illegal outright scams since the majority do send an end product to the user, but they do employ severely misleading sales tactics in order to get victims to sign up. Users should always be aware when signing up for schemes online that promise to show the route to financial freedom, especially if there is an initial investment to be made.
how to get rich fast schemes and famous con artists
This is a list of notable individuals who exploited confidence tricks.
William Chaloner (1650s/1665 – 1699): Serial counterfeiter and confidence trickster proven guilty by Sir Isaac Newton
Gregor MacGregor (1786–1845): Scottish con man who tried to attract investment and settlers for the non-existent country of “Poyais”
Lou Blonger (1849–1924): Organized a massive ring of con men in Denver in the early 1900s[3]
Bertha Heyman (born c. 1851) Active in the United States in the late 19th century
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Victor Lustig (1890–1947): Born in Bohemia (today’s Czech Republic) and known as “the man who sold the Eiffel Tower”
George C. Parker (1870–1936): U.S. con man who sold New York monuments to tourists, including most famously the Brooklyn Bridge, which he sold twice a week for years
Charles Ponzi (1882–1949): “Ponzi scheme” is a “get rich fast” fraud named after him[8]
Soapy Smith (1860–1898): Jefferson Randolph Smith II organized bunco and crime boss in Denver and Creede, Colorado, and Skagway, Alaska, in the 1880s and 1890s
William Thompson (fl. 1840–1849): U.S. criminal whose deceptions caused the term confidence man to be coined[10]
Joseph Weil (1875–1976): American con man
Bernie Cornfeld (1927–1995): Ran the Investors Overseas Service, alleged to be a Ponzi scheme
Ferdinand Waldo Demara (1921–1982): Famed as “the Great Imposter”
Don Lapre (1964–2011): American TV pitchman known for peddling various get-rich-quick schemes
Alvin Clarence “Titanic Thompson” Thomas (1892–1974): Gambler, golf hustler, proposition bet conman
Natwarlal (1912–2009): Legendary Indian con man known for having repeatedly “sold” the Taj Mahal, the Red Fort, the Rashtrapati Bhavan and the Parliament House of India
Frank Abagnale (1948): U.S. check forger and impostor; his autobiography was made into the movie Catch Me If You Can
Sergio Cragnotti (1940): Former Italian industrialist and president of a football team who masterminded the Cirio bankruptcy.
Marc Dreier (1950): Founder of attorney firm Dreier LLP. Convicted of selling approximately $700 million worth of fictitious promissory notes, and other crimes.
Kevin Foster (1958/59): British investment fraudster, convicted of running a Ponzi scheme.
Robert Hendy-Freegard (1971): Briton who kidnapped people by impersonating an MI5 agent and conned them out of money.
James Arthur Hogue (1959): U.S. impostor who most famously entered Princeton University by posing as a self-taught orphan
Sante Kimes: Convicted of fraud, robbery, murder, and over 100 other crimes
Matt the Knife (1981): American-born con artist, card cheat and pickpocket who, from the ages of approximately 14 through 21, bilked dozens of casinos, corporations and at least one Mafia crime family.
Steven Kunes (1956): Former television screenwriter with convictions for forgery, grand theft, and false use of financial information. In 1982 he attempted to sell a faked interview with J. D. Salinger to People magazine.
Bernard Madoff (1938): Former American stock broker and non-executive chairman of the NASDAQ stock market who admitted to the operation of the largest Ponzi scheme in history.
Barry Minkow (1967): Known for the ZZZZ Best scam.
Richard Allen Minsky (1944): Scammed female victims for sex by pretending to be jailed family members over the phone.
Lou Pearlman (1954): Former boy band impresario, convicted for perpetrating a large and long-running Ponzi scheme.
Steven Jay Russell (1957): Georgia deputy police officer who impersonated several individuals to escape from a Texas prison, and embezzled over hundreds of thousands of dollars from the North American Medical Management corporation. Best known for pretending to be dying from AIDS in order to transfer out of prison, only to be caught after later trying to appeal his life-partner Phillip Morris’ jail sentence. Inspired a movie titled: “I Love You Phillip Morris”
Calisto Tanzi (1938): Former Italian industrialist and president of Parmalat, which he led to one of the costliest bankruptcies in history.
Kevin Trudeau (1963): US writer and billiards promoter, convicted of fraud and larceny, known for late-night infomercials and books about “Natural Cures ‘They’ Don’t Want You to Know About”.
Ali Dia (1965): Senegalese semi-professional football (soccer) player, who together with a friend posed as an imaginary cousin of former World Player of The Year George Weah in a phone call to Graeme Souness, the coach of English Premier League side Southampton. Souness was duped into signing Dia however his performance in that match led the club to believe that Dia wasn’t who he said he was.
Alessandro Zarrelli (1984): Italian amateur football (soccer) player, sent fake faxes to clubs in Great Britain posing as a make believe Italian FA official who was offering a young professional player (himself) for a cultural exchange loan. Managed to earn a short term deal with one club and trained with several more before being caught out by a Sky TV documentary team. No charges were ever brought as no complaints were made to the Police.
As a general rule if it is too good to true, most probably it is a scheme, get rich quick sheme.
electronic business and online business ideas
Electronic business, or e-business, is the application of information and communication technologies (ICT) in support of all the activities of business. Commerce constitutes the exchange of products and services between businesses, groups and individuals and can be seen as one of the essential activities of any business. Electronic commerce focuses on the use of ICT to enable the external activities and relationships of the business with individuals, groups and other businesses.[1] The term “e-business” was coined by IBM’s marketing and Internet teams in 1996.[2][3]
Electronic business methods enable companies to link their internal and external data processing systems more efficiently and flexibly, to work more closely with suppliers and partners, and to better satisfy the needs and expectations of their customers. The internet is a public through way. Firms use more private and hence more secure networks for more effective and efficient management of their internal functions. In practice, e-business is more than just e-commerce. While e-business refers to more strategic focus with an emphasis on the functions that occur using electronic capabilities, e-commerce is a subset of an overall e-business strategy. E-commerce seeks to add revenue streams using the World Wide Web or the Internet to build and enhance relationships with clients and partners and to improve efficiency using the Empty Vessel strategy. Often, e-commerce involves the application of knowledge management systems.
E-business involves business processes spanning the entire value chain: electronic purchasing and supply chain management, processing orders electronically, handling customer service, and cooperating with business partners. Special technical standards for e-business facilitate the exchange of data between companies. E-business software solutions allow the integration of intra and inter firm business processes. E-business can be conducted using the Web, the Internet, intranets, extranets, or some combination of these.
Basically, electronic commerce (EC) is the process of buying, transferring, or exchanging products, services, and/or information via computer networks, including the internet. EC can also be beneficial from many perspectives including business process, service, learning, collaborative, community. EC is often confused with e-business.
how to make money online or making money on the internet are two synonyms indicating a business model that primarily uses electronic commerce to do their business. There are many such successful business model.
trust laws and trust funds
In common law legal systems, a trust is a relationship whereby property is held by one party for the benefit of another. A trust is created by a settlor, who transfers some or all of his or her property to a trustee. The trustee holds that property for the trust’s beneficiaries. Trusts have developed since Roman times and have become one of the most important innovations in property law.
An owner placing property into trust turns over part of his bundle of rights to the trustee, separating the property’s legal ownership and control from its equitable ownership and benefits. This may be done for tax reasons or to control the property and its benefits if the settlor is absent, incapacitated, or dead. Trusts are frequently created in wills, defining how money and property will be handled for children or other beneficiaries.
The trustee is given legal title to the trust property, but is obligated to act for the good of the beneficiaries. The trustee may be compensated and have expenses reimbursed, but otherwise must turn over all profits from the trust properties. Trustees who violate this fiduciary duty are self dealing. Courts can reverse self dealing actions, order profits returned, and impose other sanctions.
The trustee may be either an individual, a company, or a public body. There may be a single trustee or multiple co-trustees.
The trust is governed by the terms under which it was created. In most jurisdictions, this requires a contractual trust agreement or deed.
