Shaun Smith is at it yet again! The infamous rip-off artist from Birmingham in the UK is peddling a brand new system he is calling £700 in a Day. This individual targets the novices with claims of wealth using his unique formula that turns out to be good old Google Adsense.
The product itself consists of a few short videos of Shaun telling the viewer how easy it is to make money online.
While you learn very little you at least realise the true purpose of £700 in a day - To get the victim to part with thier £57 and to make sure they cannot get it back. His guarantee is cleverly worded to ensure you will have a fight on your hands once you realise you have been conned. It states that you can only have a refund if you can prove you followed his instructions for 60 days and didn't make a penny.
The Shaun Smith Scam
For much of the 1990's Shaun was living the high life making fortunes charging people for work at home kits. In 2001 he was convicted of fraud and started a 5 year prison sentence for scamming the jobless, invalid and stay at home mothers desperate to try and make a living but ending up with nothing after handing over their cash to Smith.
After his term in prison he next surfaces online as a self proclaimed internet guru selling YourNetBiz which is nothing more than a pyramid scheme.
He has a blog where he shares his nuggets of info. It includes a video showing his earnings online via Sagepay although he doesn't mention that Sagepay is the payment gateway used to sell his product
So it seems his system does make money.....but only for him!
Also check out Shaun Smith Conman
Tuesday, March 9, 2010
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