How to Really Make Money Working from Home: Sue [e110]
Nasir and Matt discuss the legal fallout froma company scamming consumers with work from home opportunities. They then answer, "We sent some of our employees to a conference and one of them lost their laptop. Are we responsible for buying them a new one?" Full Podcast Transcript NASIR: All right. Welcome to our podcast where we cover business in the news and add our legal twist and also answer some of your business legal questions that you, the listener, can send in to ask@legallysoundsmartbusiness.com. By the way, last week, I don’t know if you knew, I forgot to say “dotcom” and so I’m sure, like, all these people sent these emails to “ask@legallysoundsmartbusiness” and it didn’t go anywhere so I apologize. MATT: Well, that’s the most likely result of what happened – people just couldn’t figure it out. I know, when I don’t hear dotcom after something, it sends me in a tailspin. NASIR: I agree, and don’t forget to add “wwwdot” too to that email address. I always forget to say that. MATT: Is that…? NASIR: Actually, don’t do that. I wonder if that would work. I don’t think so. MATT: I don’t know. NASIR: If you send it to ask@www.legallysoundsmartbusiness.com. I don’t know. Let’s try it We won’t be able to know if it worked. MATT: This is what people want to listen to on a Monday morning. NASIR: Yeah. MATT: Hopefully they’re listening to this later in the day. NASIR: Even though this comes out on Monday morning, I don’t think most people are listening to it on Monday morning. MATT: Yeah, that’s true. NASIR: Maybe, like, 10 percent, I suppose. MATT: Probably even lower than that. NASIR: Yeah. Well, if I’m watching it, I’m at least 10 percent of the 10 people that are listening. No, I’m just joking. MATT: We never said who we were. Should we just leave it this way? NASIR: Oh, I don’t know. MATT: Keep it a mystery. We get introduced during the song so I think we’re okay. Let’s just keep it this way. I like it so people don’t know who’s who. NASIR: Yeah, I feel like the listeners went crazy there. They’re not sure who we are and – I don’t know – I guess we should go forward. MATT: Okay. NASIR: Actually, no, my name’s Nasir Pasha. MATT: I guess I’ll also introduce myself as Matt Staub. The cat’s out of the bag now. Okay. Well, we have a pretty cool story to talk about today, I think. I’m sure people are familiar with this. This is a Michael Scott special right here. I think he definitely would have been pulled into this at some point. NASIR: Definitely. MATT: We’re talking about this company. This is one company in particular but I know there‘s a bunch of different companies out there that have or are still doing this. It’s one of those scam companies where, basically, it cons people into paying money. I kind of view it as just like a pyramid scheme almost, right? If you get people to pay money and then, you know, well, I guess I don’t know. I don’t know how those people then make money. Anyways, this company cons people into paying X amount of dollars to get this package to start off whatever they’re going to end up doing and then it has all these upsells, blah blah blah. Basically, there was just a lawsuit or an order that was decided and this company has to pay $25M to consumers who made no money through whatever this service is, and just to get to the specifics, I guess they had about 110,000 people who signed up for this. NASIR: Wow. MATT: More than 99.8 percent of them didn’t make a single penny. So, not good numbers overall. I was trying to figure out actually how they ended up making money. So, they get people to pay to get the startup package, the quick sell program, and then there’s all these upsells on how to, if you really want to make money, we’re going to sell you this $2,300 extra add-on. But I don’t even know how they… I mean, some people obviously made money off of this. NASIR: I don’t know what the software actually did. It seems this quick sell program. However,