The Federal Trade Commission has just won a court judgment against the marketers of three get-rich-quick systems who they say deceived nearly a million people. The FTC is asking for $450 million back.

The court found that despite infomercials promising easy profits, nearly all consumers who bought the following lost money: 

• “John Beck’s Free & Clear Real Estate System”
• “John Alexander’s Real Estate Riches in 14 Days” and
• “Jeff Paul’s Shortcuts to Internet Millions.”

In fact, according to the FTC, the court found that “less than one percent of consumers who purchased the systems made any profit whatsoever.” 

http://www.bbb.org/blog/2012/05/john-beck-amazing-profits-not-so-am...