Beware the magic pill and the secret cure that doctors hate.
Extracted from
http://www.theatlantic.com/magazine/archive/2014/01/the-dark-lord-of-the-internet/355726/
Jesse Willms, the Dark Lord of the Internet
…............His
company Just Think Media may have been the most successful Internet
venture no one had ever heard of: in 2009, with just 20 employees, it
earned more than $100 million in revenue. Few entrepreneurs, past or
present, have ever built such a lucrative company so
young.................
Willms
knew that he was the subject of an exhaustive investigation by the
Federal Trade Commission. And what this investigation would
determine, essentially, was whether Willms, the white-hot e-commerce
whiz, was actually one of the most egregious scammers in the history
of the Internet.
…............between
2007 and 2011, the lawsuit claimed, Willms defrauded consumers of
some $467 million by enticing them to sign up for “risk free”
product trials and then billing their cards recurring fees for a
litany of automatically enrolled services they hadn’t noticed in
the fine print. In just a few months, Willms’s companies could
charge a consumer hundreds of dollars like this, and making the
flurry of debits stop was such a convoluted process for those
ensnared by one of his schemes that some customers just canceled
their credit cards and opened new ones
…............
If
you’ve used the Internet at all in the past six years, your cursor
has probably lingered over ads for Willms’s Web sites more times
than you’d suspect. His pitches generally fit in nicely with what
have become the classics of the dubious-ad genre: tropes like photos
of comely newscasters alongside fake headlines such as “Shocking
Diet Secrets Exposed!”; too-good-to-be-true stories of a “local
mom” who “earns $629/day working from home”; clusters of text
links for miracle teeth whiteners and “loopholes” entitling you
to government grants; and most notorious of all, eye-grabbing
animations of disappearing “belly fat” coupled with a tagline
promising the same results if you follow “1 weird old trick.” (A
clue: the “trick” involves typing in 16 digits and an expiration
date.)
Submitted by Paul
Hunter
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