The ACN Scam | Understand This!

The ACN Scam | Understand This!: "The Basics of the ACN Scam
The scam works by convincing people that they have are going to make a lot of money in the telecom industry by selling a few video phones, satellite TV subscriptions, cell phones, landlines, etc and encouraging a few of their friends to do the same. It’s a simple concept and in theory is quite easy. Anyone can sell 3 services and we would argue that anyone could also find a friend to do the same. The issue, in our opinion, comes when you actually try to do it. There is very limited data on the success rates of ACN Independent Representatives. Most people are told from the start that less than one in 100 are successful in the business. Additionally, a recent study (see references) has shown that approximately 0.5% (less than 1 in 200) even make their initial $500 investment back. The problem: they are so good at convincing you, that everyone believes they will be the 1 out of 200 who actually makes money! Why?"