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View Full Version : Multi Million Dollar Opportunities, Martin Fluss- SCAM or GREAT OPPORTUNITY??



ribshaw
11-20-2013, 10:39 AM
I was thumbing through Money magazine and saw the website HOME | Multi Million Dollar Opportunities (http://multimilliondollaropportunities.com/home/) which appears to have been set up and run by a man named Martin Fluss.
The way it looks to me is he (and maybe others) have set up a series of websites and businesses that you can become a "referrer" for. From my cursory glance it seems like you just refer people and allegedly collect big bucks from experts who do all the work. That on the surface seems laughable (to me). Pay a big up front fee to people who appear to own the businesses in the hopes they will give you enough of your own money back if you find them customers. My question would be the same for any website, if it is such a turn key set up, why would they not hire some flunkies to answer the phone and email and then keep all the money for themselves??? Keeping in mind billions have been lost over the years by people who invested with no good answer to that question.

I summed the model up as best I can with available information, experience, and some opinion. When I see charities being pitched to turn a buck, you are dealing with less than desirable people in my opinion. People are adults, they can do whatever they want with their hard earned money.


Ownership based on:
Scamadviser.com | check a website for risk | check if dodgey | check is a website s |check website is fake or a scam (http://www.scamadviser.com/check-website/multimilliondollaropportunities.com)

Corporation information based on:

Martin Fluss - Manager for Worldwide Legal Immigration to The USA, LLC (http://www.corporationwiki.com/Florida/Delray-Beach/martin-fluss-P1691641.aspx)

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I will highlight a few of the "opportunities" that are being sold.

This being fund raising for handicapped people in your very own state. In fairness I have not looked at the model in its entirety, but here is how fundraising scams work. You set up an agency to raise money for a charity, sometimes as much as 90% or more of the money collected goes in the pockets of the fund raisers. In some situations the charity itself is a sham and very little money actually goes to those in need. Charity Scams | Consumer Information (http://www.consumer.ftc.gov/features/feature-0011-charity-scams)

If you are thinking that this is a great way to make money, then you really have problems beyond getting involved in this crap. For most of us we like to know that a maximum of our money is going to the cause we choose to support. While Mr. Fluss is welcome to post the financials for this "opportunity", short of that I only see one way this goes financially for this solicitation to ring true.

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Second opportunity is that of helping people get their High School Diploma. Let's assume for a minute this school is 100% legitimate and not a Degree Mill, I will ask the same question as above, "what do they need me for"? They have the school set up, pay the teachers and I do what for my $19,000? Refer people to them and get paid back some of my money?
Yeah that sounds great.

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Here is one of their Ads.


http://www.youtube.com/watch?v=5V9Py56Ldwo

Here is their accreditation certificate:

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Again, in fairness I have not looked at this particular institution, but this is what I believe is going on. Sure as anything, before I paid dime one to either get my degree or invest I would be able to address all these issues with zero unanswered questions.

5 Myths About Getting Your Online GED or High School Diploma

Miranda Perry
August 31, 2012

Back to school season is here! Unfortunately, there’s a new fraud gang stalking the halls of Internet High: fake online GED exams and high school diploma websites. If you’re thinking about finishing your education, don’t let these bullies steal your lunch money.

Let Scambook be your teacher and learn the warning signs of alleged education rackets and judge for yourself whether you still want to hand your money over to an online high school or GED program.

Welcome to Diploma Mill Fraud 101.
Don’t Get Schooled by a Fake Degree

According to Scambook members, these sites invite you to take a free online test. If you pass, the sites claim, then you’ve earned your GED (general education development) certificate or your high school diploma. All you need to do is pay $200 or $250 and they’ll send you official documents like a transcript, certificate or diploma.

The US Census Bureau has reported that adults with a high school diploma or GED can earn an average $11,000 per year more than adults who never finished high school. When you look at that figure, a few hundred bucks sounds like a great investment.

The problem is that these online education programs are very misleading about their accreditation. If you use your documents to apply for a job or enroll at a university, there’s a good chance that you’ll discover your “GED” or “diploma” is nothing more than a piece of paper.

That’s because a majority of online high schools are actually fraudulent organizations known as diploma mills, which the U.S. Department of Education defines as “an institution of higher education operating without supervision of a state or professional agency and granting diplomas which are either fraudulent or because of the lack of proper standards worthless.”

These online high schools advertise that they’re accredited by a national education agency, but this agency is often made up, or it’s a sham organization where sites can simply buy accreditation without any kind of review.

Besides wasting your time and money on a worthless diploma, you could land in legal hot water if you earn your “degree” from a diploma mill. In some states, it’s against the law to use a GED or high school diploma issued by a falsely accredited institution.


5 Myths About Getting Your Online GED or High School Diploma

Myth #1: A GED Degrees and a High School Diploma are the same thing. This is a common misconception. Although the GED is equivalent to a high school diploma, the academic requirements are lower. Some 4-year colleges and universities, as well as certain employers, may favor candidates with high school diplomas over GED holders. Many online diploma mills don’t clarify whether they’re offering GED degrees or high school diplomas. If you’re confused, cut class immediately and don’t return.



Myth #2: You can get your GED online. Currently, the GED exam is unavailable

Contrary to popular belief, you can’t get your GED online. You must take the exam at an official testing site in your region. Visit GED Testing Service (http://www.GEDTestingService.com) for more information.

online. There are many websites that offer GED practice tests and study guides, but the real exam is a registered brand similar to the SATs or the ACT. Don’t trust any website that’s offering an online GED exam, no matter how professional they appear. You can only take the GED exam at an official, certified testing location. To find out where you can take the GED exam in your region, visit GEDTestingService.com.



Myth #3: If a website address ends in .edu, they’re definitely a legitimate school. Today, .edu domains (e.g. www.harvard.edu) are strictly regulated by the U.S. Department of Education. Educational institutions must apply and meet specific standards to be able to use this domain for their website and email addresses. Unfortunately, the requirements to get a .edu domain are relatively recent. Older online diploma mills may still retain their .edu. It’s also possible for hackers to spoof these domains.



Myth #4: Online high schools are accredited. As we mentioned at the top of this article, just because a website claims to be accredited doesn’t make them legit. There are many accreditation agencies that will certify anyone who pays them – according to ED.gov, these agencies “may even use all the right sounding words in their marketing materials to describe their accrediting standards and review processes. When actually, those accrediting standards and procedures are never put to use and the accreditation is meaningless.” What’s more, there’s nothing to prevent a diploma mill website from simply lying about their accreditation. When you’re researching the school on Scambook and elsewhere on the web, make sure you do just as much homework about the accrediting agency, too.



One Scambook member took a bogus online GED test and was promptly called by customer service rep who pressured our member into buying a special “diploma package.” If your online high school is using sales tactics borrowed from a used car dealership, it means they’re probably a sham.

Myth #5: You can earn your high school diploma in half an hour. Let’s say you find an online high school that doesn’t have any of the warning signs we’ve mentioned. They’re explicit about offering a diploma, not a GED certificate, there’s nothing fishy about their website, and their accrediting agency checked out. So you register for a free account and take the test to earn your diploma – and wow, it’s super short and super easy! Well, you don’t have to be on the drill team to realize that this is a huge, waving red flag. Finishing your education will require a lot of time and hard work. For instance, the real GED exam is administered in a 7 hour test session. If a website congratulates for finishing high school after a ten minute test, it’s a diploma mill. You’ll also know they’re a sham because “congrats” will be immediately followed by a request for your credit card info. (Real online education programs require you to pay your tuition fees upfront, regardless of whether you pass their exams.)


Other warning signs to watch for:

Basic spelling and grammar errors on the website, missing graphs or data in the exam (e.g. a math question that refers to a chart that isn’t on the site) and “Live Chat” customer service ads.

Study all these tips carefully. No, there won’t be a quiz later, but learn this information by heart so you can avoid falling victim to an online GED diploma mill. Don’t waste your hard-earned money for a worthless piece of paper and potential legal troubles.

Be aware that many online diploma mills will try to fool you with slick, professional-looking websites in addition to their bogus accreditation claims. They’re relying on the fact that you won’t think twice about their authenticity. But hey, you’re trying to finish high school, right? You’ve got to question their authority!

Always research a new website on Scambook before you give out any personal information or a credit card number.


See Also

Back to School Scam
- See more at: 5 Myths About Getting Your Online GED or High School Diploma (http://www.scambook.com/blog/2012/08/5-myths-about-getting-your-online-ged-or-high-school-diploma/#sthash.OsoaBACK.dpuf)

I think they are also pushing an online university. Running out of space, but here is a link of Fake College Degree Accreditation Agencies.

List of Fake College Degree Accreditation Agencies | GetEducated.com (http://www.geteducated.com/diploma-mills-police/college-degree-mills/204-fake-agencies-for-college-accreditation)

ribshaw
11-20-2013, 11:24 AM
These were a few other screen shots from the page.

One of the other "opportunities" being pushed is that of being a referrer to Enrolled Agents. Is this a good business model, are lots of CPAs and Attorneys just dying to field calls from people with no tax experience and pay them massive referral commissions? While both businesses rely on referrals, my suspicion is they largely come from other professionals or existing clients. Referral fees appear not expressly prohibited in this situation, however, it is a little more complicated than referring people to a mechanic or barber.

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Enrolled Agent Information http://www.irs.gov/Tax-Professionals/Enrolled-Agents/Enrolled-Agent-Information

An enrolled agent is a person who has earned the privilege of representing taxpayers before the Internal Revenue Service by either passing a three-part comprehensive IRS test covering individual and business tax returns, or through experience as a former IRS employee. Enrolled agent status is the highest credential the IRS awards. Individuals who obtain this elite status must adhere to ethical standards and complete 72 hours of continuing education courses every three years.

Enrolled agents, like attorneys and certified public accountants (CPAs), have unlimited practice rights. This means they are unrestricted as to which taxpayers they can represent, what types of tax matters they can handle, and which IRS offices they can represent clients before. Learn more about enrolled agents in Treasury Department Circular 230 (PDF).

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There is more to consider: Now this speaks of Attorney to Attorney Referrals, and only applies in some jurisdictions:

Assuming joint responsibility is not something to take lightly, particularly if the reason for referring the client to another lawyer is that the matter is outside of your area of expertise. Assuming joint responsibility means you’re on the hook if malpractice is committed. It also means that the client is considered your client as well as the retained lawyer’s client, with all of the associated attorney-client obligations. In fact, Comment [7] to Rule 1.5 of the New York Rules of Professional Conduct (which generally follow the ABA Model Rules) states specifically, “Joint responsibility for the representation entails financial and ethical responsibility for the representation as if the lawyers were associated in a partnership.” That’s no small responsibility.

Lawyer Referral Fees: Worth Paying? (http://lawyerist.com/lawyer-referral-fees-worth-paying/)

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This from the Georgia association of Enrolled Agents, so it is not like you can just pay the lunch lady to send you business. While I am sure you can craft something, it hardly "turn key" and I am certain you would need to know what each jurisdiction requires.

9. Members shall avoid any appearance of impropriety when paying or accepting a commission to obtain a client, or to refer products or services. It shall not be inappropriate to purchase a tax practice, to make retirement payments to persons formerly engaged in a tax practice, or to make payments to their heirs or estates.

10. Members who are engaged simultaneously in another occupation shall conduct themselves in such a manner so as not to create a conflict of interest in rendering professional tax service. No Member shall accept or pay a commission for the sale or referral of products or services unless properly licensed, and those facts are fully disclosed, in writing, to the client. No Member shall pay a commission or referral fee to an employee for referring a client for products or services unless said employee is properly licensed.

Welcome to the Georgia Association of Enrolled Agents (http://www.4gaea.org/rules/)

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From the AICPA, not prohibited but must be disclosed. Not a deal killer per se, but again hardly cookie cutter. And each state may require slightly different information, so this would really need to be spelled out before signing on to this business.

AICPA - ET Section 503 - Commissions and Referral Fees (http://www.aicpa.org/Research/Standards/CodeofConduct/Pages/et_503.aspx)

Referral fees

Any member who accepts a referral fee for recommending or referring any service of a CPA to any person or entity or who pays a referral fee to obtain a client shall disclose such acceptance or payment to the client.



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