A "friend" is coming over to tell me about an "investment opportunity" in which you buy an already placed credit card machine (or even better several). It allegedly returns $15 a month for the rest of your life. the machines are about $1000. I know it's a scam, but can anyone give me details on how it works?
....uhhh
It seems every couple weeks one of my friends finds that latest scam and I have to unwrap it for them to show them what it is. I've recently had to deal with friends brainwashed like a residents at Jones town by Primerica and YTB. cool Aid anyone?:)
Yes, I have heard of this scam.
The details are fuzzy, but I seem to remember that they get you to buy the machine and pay a monthly processing fee. when you find that no one is using it, they will not return your money.
This kind of CC processing is also likely to be illegal and you may find yourself being audited and/or charged with unlicensed financial activity by the federal government.
Run, don't walk, away from this. If you have any love & concern for your friend, tell him/her to run away as well.
Try googling for credit card processing scams, maybe that would help.
check out http://scamsbeware.com - consumer resource center. all kinds of scam info there, there's also a forum where u can keep up to date on current and future scams. and if u have any questions just post it in the forum and somebody out there should help u. http://scamsbeware.com/forum Best of all it's FREE 2 join, just register at the top it'll be worth it for u to keep up 2 date on scams/fraud. Hope this helps.
with a lot of these look for return on investment.
If you spend $1000 to make $15 a month thats 5 years (66 months ) before you have even repaid your initial outlay.
What liability do you have for repairs , service, damage to the machine ?
Uunraveling a scam where you buy credit card processing machines?

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I'll weigh myself in a couple weeks when I have access to a scale at home
The chicken and salad just happened to be served today. My dining hall does "grill" right after lunch and since I went around 2 there was limited choices so I just ordered a chicken & mozz sandwich and tossed the bread. Dinner just happened to have this tasty lemon-garlic chicken so I went with that, lol. Should have more choices tomorrow, looking forward to nomming some eggs, bacon, and sausage in the morn.
Freemerchantaccountadvisor.com blogspot - Credit Card Machine for ...: There is a significant role in the use...
Personally, I think the federal government could be eliminated and create one new super agency to replace it that would provide security for the common defense.
Period.
There are plenty of websites that can help you out. You don't need a specific one to file against someone just because they work for the federal government. All these websites offer free consultations. I've used http://www.badproducts.com before and they referred me to helpful outside lawyers but I'm sure there are a million other websites just like them.
So john claims we are getting what we asked for (services etc), how many of us want to pay for PP to do abortions or any other services, how many of us are interested in paying GM to stay afloat, how many of us voted to fund cowboy poets, how many would vote to fund the National Endowment for the Arts or NPR Public Broadcasting. I'm sorry john the federal government is a frankenstien monster that is no longer under control. They spend money on things that if put to vote would never ever survive.
We don't have federal governments in the UK - we are a Kingdom, not a federation. We have the Queens government
Actually, it is you who must be joking In Obama’s first year of office, he and the Democratic Congress spent more money than president’s Washington through Clinton combined. By LOWERING TAXES and stimulating the economy, Reagan MORE THAN DOUBLED REVENUE to the federal government. It is the (then democratic) congress who regulates the federal budget and spent $1.70 for every dollar that came in.
grlldcheesetruk: Sorry y'all, cash only at Disney Online! Credit card machine must be observing the date. SORRY! notify.me always connected.... Manage Notification Settings
Don’t whine because your state didn’t make a better deal with the federal government/private industry.
The male has balls and Pollen Sacs (nicknamed in the growing community I work with) and the Females have pistils, or "hairs" as some have taken to calling them. It's pretty obvious after it's grown for a couple weeks.
Haters be hatin'! This is coming from a guy with three archived caches? I'd delete his logs. Does anyone even use GCVote anymore? This reminds me of a log I saw a couple weeks ago at a historic cemetery cache, it said "Meh. Don't go to this one." The guy had only two cache finds. STFU & GTFO
Yes unless I am signing on the credit card machine at the store. Nothing ever looks legible there.
I think FAA was the only agency The Dropout didn't mention when he was babbling on the FOX25 Zip Trip a couple weeks ago.
Eh at the actual Jones town thing they used knock off "flavor aid", so apparently the valium/cyanide/etc makes anything taste ok.
CREDIT CARD MACHINE IS NOW WORKING!!!! HALLELU YAH!!!!!
So weird, I was just in Palm Harbor a couple weeks ago visiting family and was at this exact intersection numerous times. Glad somebody else recognized it.