Is DailyNews7.com and the Home Income System A Scam?

Months after the famous FTC deadline for disclosure on affiliate web sites, the online money making scammers are back at it, this time more brazen than ever.  Now we have DailyNews7.com pushing something called the Home Income System, where for only $2.97 you too can become part of the American dream and work from home in your spare time “posting links online”.

Interesting use of the geo-targeting there, just saying they are from your state rather than drilling all the way down to the town where your internet service provider is located.

Since it’s almost certain they are breaking the law in the US, these guys seem to have thrown all caution to the wind and just gone for it.  The FTC has clearly set forth the rules for online disclosure and factual proof of earnings potential the AVERAGE user would have with this system, as well as disclosure of all costs associated with the system.

DailyNews7.com does none of these things.  No where does it say it’s an advertisement.  It has a quote from Larry King that he most certainly never made about the “Home Income System”.  It has a Photoshopped cover of Newsweek as well.  It even has a fake ad for Dish Network that brings you to the offer page for the Home Income Kit if you click on it.

Our old friend Kevin Hoeffer’s sister Mary is apparently been dragged into it too, with a random photo of a check for $5000 attributed to her.

Why do we think this is a scam in our opinion?  Besides the unsubstantiated income claims that are against the latest FTC rules, no where on the DailyNews7 sides does it say anything about the true cost of the “Home Income System”.

All it says is “First you will need to apply for a work from home kit. There is a small charge of $2.97 for shipping and handling, Judy explained that “this charge is made to cover shipping costs but also to separate the people that are serious about working from home.”

Which is complete bunk.  The real reason is in the hopes you won’t notice the fine print.  What is the fine print?  Click on through any of the links and you land on internetprofitsuccesssystem.com, where you can fill out your name and address and phone number (which I would NOT suggest doing) and read the small text to find:

By placing my order I agree to the Terms of Offer, which explain this order includes the above for just $2.97 shipping and handling. If you enjoy your trial, just pay a monthly membership fee of $79.86. You may cancel anytime by calling: (877) 834-4449.

Yeah, that’s right, they are going to whack your credit card for $79.86.  There is no checkbox or opt-in for this, which is also against the FTC rules.

Click on the actual Terms and Conditions link and you find this:

which is that you, the buyer, are not entitled to a refund that may or may not have been charged to you for delivery of said product, or services, or subscription. Furthermore, any free trials that may or may not be offered with this product are only free during the said allotted time of the free trial period, the free trial period is 3-days starting on the date signed up. If you have not cancelled the free bonus within the free trial period (if offered on product purchasing), you are agreeing to purchase the bonus material and/or service at a monthly reoccurring cost of up to $79.86 (seventy nine dollars and eighty six cents USD. This can be cancelled by contacting BlogMaster Profits customer service at (877) 834-4449 and stating your desire to cancel said bonus material. However, in order to not be charged any future reoccurring cost, please give ample time (2 business days) to be cancelled out of any reoccurring billing system before the next scheduled charge to your account (this does not apply during any trial period). Not canceling trial programs constitutes authorization, by you, the buyer, for any charges (as outlined) for the associated bonus service until your request to cancel has been received by our customer service staff. By not canceling the bonus program during the trial period or prior to two days before a scheduled billing cycle, you agree that any reoccurring charges billed to you will be non-refundable. You also agree that by purchasing this product, you will be given access to digital material outlined in the members area. No physical product will be sent to your home or business address.

That’s right, no refunds.  And you have to cancel your three day trial within two days to be eligible to stop the billing.

Continue on through the site and terms and you will find NOTHING about the company’s physical address or email, just a phone number that was closed when we attempted to call it.

Now we haven’t read any specific complaints about internetprofitsuccesssystem.com, but it sure as hell looks like all the other Internet money scams out there that trick you into coughing up your credit card  thinking you are only paying shipping and handling.

How To Cancel The Home Income Kit?

Well, they do provide a phone number you can call.  HOWEVER, a number of people have suggested that calling their number is not the right thing to do.

If you call to cancel, they now have a record of you contacting them and if you later try to dispute the charge with your credit card company, they can show the record of your call to your credit card company as proof of the transaction.  Only go this route if you can’t afford to cancel the card in question or if it is a debit card which is much harder to dispute.  You’ve been internet mugged here, don’t take it lying down.  It is our opinion based on the FTC guidelines that these people are breaking the law, plain and simple.  You wouldn’t call a mugger to ask for your money back, you would go to the authorities.

Here is what we recommend:

1. Don’t feel bad! Seems like hundreds if not thousands of people have been taken in by these sort of “negative option” offers that trick you by not clearly disclosing you are signing up for monthly charges. You were tricked, it happens to the best of us.
2. Call/write your credit card company, dispute the charges and report the card stolen. Since this site does not meet the FTC requirements for clear disclosure for the charges you received, consider your card stolen.  This will make sure they can’t charge you any more and that they can’t sell your credit card number to anyone else. If they tricked you once already, what makes you think they won’t try to squeeze every penny out of you they can?
3. Start ID theft monitoring right away! Click here to sign up for Experian Protect My Id monitoring. You just gave some shady website your name, address, phone number, credit card and secret 3 digit card number.  You can get Experian ID Protection for $1 for 30 days, then it’s $9.95 a month. I’d suggest signing up for AT LEAST the first month to check your credit report  and make sure no one tries to change your address or open a new card using the current cards details you gave away.

I Didn’t Get Taken, But What Can I Do To Help?

Wh can you do to stop these guys from taking in more people? Warn everyone about it!

1. Click Here to Share this on Facebook! Hit “Post to Profile” to warn your friends.
2. Use the “Share This” link below to Digg or Stumble or Reddit or Email or whatever service you use to share this so that other people might see it before they get scammed too!
3. Click Here to ReTweet this article.