Get-rich scheme sold to wannabe Amazon sellers

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“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:

  1. 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
  2. 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.

Blog Topics: 
Jobs & Making Money

Comments

Thanks for this information. I cannot believe that folks still fall for these type of scams. Google and someone with another pair of eyes might be of some help.

We need to create an outreach about these scams, so no one gets snatched into the criminals' deceptive tactics, targeting vulnerable populations. Not everyone knows about FCC information.

I went to an FBA Stores seminar and paid them the $995. When I went home and read the small print I realized that you had three days to change your mind and not 6 months as the instructor told us. I immediately called them and emailed them that I wanted out. They said the payment had not gone through. A lie. I called my credit card company and had them put a stop to it. Thank God you put a stop to these charlatans

Thank you for this info. I believe many times I get e mails saying I have won Amazon gift or a gift is waiting for me from Amazon I am those are also scams

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

I am one of those that got scam

This has effected a family member in Kentucky who sent AWS money the week before it was shut down. What resource is there for those looking to recover what they sent?

I sent AWS 26k from my retirement the week before it was shut down. I'm 63 and will have a really hard time recovering. I filed a complaint with the FTC.

If you paid w/ a credit card you can set up a DISPUTE with the card. in most cases they refund the amount to you but you have to backup everything with very good documentation.

Is this the same as AWOL from Keala Kanae? He promised the same things, then when you pay $99 for it, he sets up a phone appointment and asks you to pay him something like $17,000 (can't remember the exact number any longer, but it was insane!) to teach you how to do it. I hope this is him!

We fell into something like this when I attended a seminar that I initially paid $49 for and by the time we left we had spent $199 to attend a special training and then spent another $4,000+ on software and a camera lens. No money even close to what this guy said you could make and later attended another even only to find out that they guy had also fallen into the same scam!

My husband and I bought in to this scam. Is it too late to join this lawsuit? We have all of our receipts and documents. Or do we need to hire an attorney of our own? We spent a big chunk of our retirement on this scam and would like to be reimbursed if at all possible.

I think the money is gone. They have fine print that wrote up to protect them since they knew people would want a refund. Which course did you sign up for? Several friends signed up the Kevin David course and never got a single product launched and ended up losing several thousands of dollars on products he stated would sell but didn't.

Is there a class action out there ? I am in the same boat at you and your husband. Thousands and thousands gone.

We bought in a few months ago. I have a long list of "bonus" items I was supposed to receive on top of the "program" that was being sold. I never even received the initial program items, let alone all the great bonus things I was supposed to receive. The latest issue is a reimbursement check for a flight to their Summit meeting. I received the check at the meeting, deposited it as soon as I returned home. The check came back indicating the account had been frozen. Stay as far away from these people as you possibly can.

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.

At least 3 people I know have paid over a $1,000 on an "Amazon FBA" course and never made a dime and the so-called guru couldn't care less. They said they couldn't refund them because they'd already watched 51% of the video content of the course. Mind you, the content was information you could find for free on Youtube. These Amazon "guru" crooks are all over the place and more popping up by the day. Many are 22-year-old kids showing a Lamborghini and a strangers house behind them implying that they became millionaires in less than a year from selling on Amazon

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.

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.

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.

I called and spoke to a rep by the name of Amanda on 3/19/2018 to file a fraud alert. I'm not sure if the case umber she gave me was 54xx or 1310xx??? I filed a complaint under the names A2Zand Global InfoTech LTD. I have received more calls from them and have two voice messages - one from the original caller and one from someone calling himself Mike from the computer company saying he was going to return my money. As soon as I said something like you're calling again, he hung up. The numbers used to call me today are 1-535-659-1921 and 1-311-658-3096- the one I had a "conversation" with "Mike" They both/all had accents!!!!!!!

I got a phone call from a man saying they tried to deliver a package to my home but it appeared I was not home and would I call 866-682-5963. He said it was for Capwell and Samuels. I didnt call it as it sounded like lawyers and I know for sure I dont have anything going on good or bad that they would get anything from lawyers. I googled the number and it took me to what looked like a facebook profile and it was really weird with the guy writing talked about making huge amounts of money but also very derogatory about women. Do I have to take a package I didnt ask for? The man who called me asked for me by name. Kind of scary.

I have made complaints to the FTC the complaints, as far as I know, are just filed and no action is taken.
The person I have complained about has made $350,000,000 with his scam (not a small amount of money).

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