I perused the letter, and let me tell you, 16 pages is a lot of reading. Yes, most of what is said is repeated various times throughout the letter, but I was curious, so I took the time to go through it. The first thing I noticed are the words: "no selling"; "no risk"; "50% profits"; "life-changing". With words like that, anyone would be intrigued. Plus, I'm like most of you and hungry for some extra money in this shoddy economy, so a business opportunity with the potential for high profits that involves no selling really appealed to me.
I then read further. In order to be an exclusive Magic Kids Circular Distributor and receive a special Magic Kids cash-producing kit, I have to submit a "small good-faith deposit of $89." Okay, so I knew this was too good to be true. To me, $89 is a lot of money, especially for something I've never even heard about.
Of course the letter says I can get that money back if I don't earn "at least $3,000 within the first 60 days." But I'm curious how they would know I did anything at all in those 60 days? What if I sat on my ass and never tried to distribute circulars? Would they still give me my money back?
I realize that people prey on others all the time, especially through email, and I have paid in on scams unknowingly in the past. This makes me very suspicious of letters like this. It's possible this business opportunity is completely legit -- and there IS a valid web address, but the deposit of $89 up front is highly suspicious. I don't know why I have to pay anything at all to be hired in to distribute this guy's circulars.
I did some research online and there appears to be all sorts of people questioning the validity of this 16-page letter. It's not a new business opportunity. The dates I found go all the way back to 2006. At that time, the deposit to join was much higher. It has lowered over the years to the $89. I believe in 2008, the letter asked for a $147 deposit up front! Imagine that.
Enough said. What I've read really puts me on notice. Hopefully, if you've received such a letter, it puts you on notice too.
To me, this opportunity stinks of suspicion.
No, I won't be sending in any money on this scammy opportunity, but I'm curious if anyone else has tried it, and sent in the deposit money. If you have, would you be so kind as to comment below and let me know what happened?