2by2.net was a massive mistake. Back in my more innocent years, I was naive to what multi level marketing and pyramid schemes were.
I was deliberately lied to about the nature of the business, ended up paying $300 to start working form them and the first thing they asked for was a list of the phone numbers of everyone I knew. I stalled on that point, but they still convinced me to recruit other people into the 'business'. My handler, the person who brought me in, was brainwashed thoroughly and because I was surrounded by other brainwashed people it was difficult to tell. I knew something was wrong, but couldn't put my finger on it.
More information below:
Quote:
|
Another Internet mall, Mall Ventures, Inc., doing business as 2by2.net, recruited investors into their pyramid as “eCommerce Consultants” for $300 to $420 per spot. According to the FTC’s complaint, the defendants touted 2by2.net as a lucrative business opportunity in which consumers could earn over $1,000 per month if they were just “1% successful,” and up to $117,000 per month after five years of effort. Many consumers were persuaded to pay up to $2,940 for multiple spots and to spend thousands of dollars more in their attempts to make money through 2by2.net. As with the NexGen program, 2by2.net’s Internet malls contained links to retail Web sites maintained by third-party merchants. The FTC alleged that 2by2.net falsely represented to its eCommerce Consultants that they could make substantial commissions on purchases made through these 2by2.net Internet malls, as well as by selling Internet access, vitamins, and prepaid long distance telephone cards. The defendants also stated that consultants were “limited” to earnings of $15,000 per week, implying that it was reasonable to hope to earn that much money as an eCommerce Consultant. As the FTC charged in its complaint, the few eCommerce Consultants who made money through 2by2.net did so by recruiting others into the program, and the vast majority of eCommerce Consultants made very little or no money, regardless of the effort expended.
|
http://www.ftc.gov/opa/2005/05/nexgen.shtm