Heres a Few I fell upon I think Everyone should know about that are scams and why.

John Alexanders Real Estate Riches

First off your a fool if you do fall for this.

Product Description
Real estate investment system by John Alexander. Real Estate Riches In 14 Days includes manuals, CDs, and DVD lesson.

Average Retail Value
$39.95 (prices may vary)

This product basically tells you to enter into a contract to buy a home by promising to pay $1,000 in earnest money in 14 days and to find another buyer in those 14 days or just don't pay the earnest money and let the sale contract expire (along with your reputation). It's all about you negotiating a less than FVM price and trying to hook up bad credit buyers with sub-prime lenders to take this house off our hands for fair market value before your 14 days is up and the $1,000 is due. To let you know how much of a rip-off it is.....they use 7 CDs to package the supposed plan....but each CD only contains a single PDF file and a couple of files to launch the PDF when you insert the CD. Less than 8MB spread over 7 CDs. The methods taught in this course border on being illegal. Steer clear from this tripe.
They also talk about being religious and true to your religion than they tell you to lie and steal. "Use your parents Credit Card to put the $5,000 cost on." Yea right. No thank you. Do not fall into the trap.


Pyramid Schemes
So what is a pyramid scheme?
A pyramid scheme is a fraudulent system of making money which requires an endless stream of recruits for success. Recruits (a) give money to recruiters and (b) enlist fresh recruits to give them money.

A pyramid scheme is called a pyramid scheme because of the shape of a pyramid: a three dimensional triangle. If a pyramid were started by a human being at the top with just 10 people beneath him, and 100 beneath them, and 1000 beneath them, etc., the pyramid would involve everyone on earth in just ten layers of people with one con man on top. The human pyramid would be about 60 feet high and the bottom layer would have more than 4.5 billion people!


A diagram might help see this:

1
10
100
1,000
10,000
100,000
1,000,000
10,000,000
100,000,000
1,000,000,000
10,000,000,000



-More to come.