Consumer Alert
Get-rich scheme sold to wannabe Amazon sellers
“Get started selling on Amazon and make $5,000 - $10,000 in the next 30 days… even if you’ve never sold anything online before.” That’s one of the pitches the promoters of a large get-rich scheme used to lure people into a bogus business opportunity.
In ads and live seminars in English and in Spanish, Amazing Wealth Systems — also known at different points as AWS, FBA Stores, and Online Auction Learning Center — claimed that people who used the company’s “system” would generate thousands of dollars in sales on Amazon.com. Not so, says the FTC in a lawsuit against the company, announced today. In fact, the defendants didn’t have anything to do with Amazon.
The FTC says it was really Amazing Wealth Systems that made money — by enrolling people. Those who followed the system did not make anywhere close to the advertised income, or any income at all, according to the FTC’s complaint. On top of that, the FTC says many people received warnings from Amazon.com or got their Amazon seller accounts suspended because what the system instructed them to do was against Amazon’s policies.
Amazing Wealth Systems also failed to comply with the FTC’s Business Opportunity Rule. The Rule, among other things, includes these requirements:
- A company that promotes a business opportunity making specific earning claims like …Make $5,000 - $10,000 in the next 30 days…, must have proof that people can actually make that kind of money, and
- The company has to give prospective buyers a disclosure document that includes certain information about the business. If a business opportunity is promoted in Spanish, the disclosure document has to be in Spanish, too.
Companies that promote bogus business opportunities often fail to follow the rules. That’s why, if you’re interested in a business opportunity, the first thing you should do is ask for the earnings claim statement and the disclosure documents required by law. If they hesitate, walk away. Read this FTC article to learn more.
Note: The author of this blog post is Rosario Méndez.
Search Terms
Topics
This is the account that Amazon account is hooked to I’m assuming that’s what you need
In reply to This is the account that by Amie
If you lost money to Amazing Wealth Systems, report it to the FTC at FTC.gov/Complaint. The information you give will go into a secure database that law enforcement uses for investigations.
The comments you put here on the blog don’t go into the law enforcement database.
Also been getting strange emails to so I don’t know if you want to look into that as well as whatever you’re doing with the $5,000-$10,000 thank you
Thanks for the message and I would like to report a fraud it is an alleged business man allegedly from Canada (Montreal) who is currently in Ghana on business just without asking 3 phones on my name under the contract and I want them to continue send to Spain. Of course I do not do that, I send back to the provider back. This is again such a scam for me new mesh
In reply to I am one of those that got by tinman55
In reply to This has effected a family by $ list in KY
In reply to I sent AWS 26k from my by Deb in Kentucky
In reply to My husband and I bought in to by lflowers
In reply to My husband and I bought in to by lflowers
In reply to We bought in a few months ago by GWG
You can report this to the FTC at FTC.gov/Complaint. The information you give will go into a secure database that law enforcement uses for investigations. You can choose how much personal information to provide.
The comments you put here on the blog don’t go into the law enforcement database.
In reply to At least 3 people I know have by Lock up the Sc…
You can report this to the FTC at FTC.gov/Complaint. The information you give will go into a secure database that law enforcement uses for investigations. You can choose how much personal information to provide.
The comments you put here on the blog don’t go into the law enforcement database.
In reply to At least 3 people I know have by Lock up the Sc…
I lost 3000,00 to fake Amazon. They told me they were checking it out. I still have the cards I bought. When I called Amazon they told me I'd been scamed from a fake Amazon and I was not the first to call. I asked them to give back the money from their Amazon gift career and they refused to give back the money. Told me to call FBI. I did. Nobody ever called me. I just lost my money. I never saw anything on tv nor did I know that they had problems with a fake website setup exactly like their . You could not tell any difference. I still have the print out showing Amazon and the gift cards I purched.
In reply to I lost 3000,00 to fake Amazon by sue s
You can report your experience to the FTC at FTC.gov/Complaint. The information you give will go into a secure database that law enforcement uses for investigations. You can choose how much personal information to provide.
The comments you put here on the blog don’t go into the law enforcement database.
In reply to How do I stop them from by annoyed
If you're using a cell phone, you could try using a mobile app that will block numbers. Call blocking apps let you create lists of numbers to block from calling your cell phone. Or, many mobile phones come with built-in features that can block calls from specific numbers. You must manage these lists yourself, and your phone might limit the number of calls you can block.
You could get a call-blocking devices and install it on your home phone.
You could ask the carrier that provides your service if it has call-blocking services. Some carriers provide blocking services for free; some carriers charge for the services. You can check the carrier's website or call customer service.