77,000 people paid $3 million to get involved assembling “refrigerator magnets” at home. They were told they could earn $800 per week in this business.
To do that, of course, they’d have to assemble 20 magnets per hour for 40 hours per week for $1 per magnet. Since most of these refrigerator magnets don’t sell for over a couple bucks each, how did they think they could make more than the distributor and retailer combined?
From Business Week:Work From Home Scheme Bilk Thousands
Misty Stafford, with her husband William Stafford, operated a company called National Home Assemblers in 2004 and 2005. It advertised a work-from-home opportunity in which people could make up to $800 a week for the “very easy job” of putting together decorative refrigerator magnets.
Simon on December 26th, 2007 at 8:49 am
Assembling products from home, or home assembly programs are always a waste of time. I have been victimized by many myself, as well as most of my freinds and aquantences.
This has been my experience, and I have yet to find one that is legit. But why bother anymore? There is also no shortage of these work from home assembly Programs still out there, be it online or off. But by now, most of us should know better…
http://www.homejobsite.com