Bunny recently received an 88 page booklet in the mail called The
Overnight Millionaire by Russ Dalbey, which outlines three easy steps to
making money hand-over-fist.
I scanned through the 88 page booklet. It's not until page 13 that Mr.
Dalbey mentions what the scam plan is based upon—the “Cash
Flow Note” business. It's basically matching sellers of “notes” (read:
mortgage), who're currently receiving monthly payments (say, on a house) but
want to cash out, to buyers of “notes,” investors who want a steady
stream of monthly income.
So the “three easy steps” are (starting on page 37):
- Find note sellers.
- Find note buyers.
- Introduce the two, getting a cut of the action.
Easy.
But then again, so is writing a metasearch
engine.
Amusingly enough, as of today, the top result in Google for “The
Overnight Millionaire Russ Dalbey” is Russ
Dalbey—Winning in the Cash Flow Business Complaints.
Heh.
It's amazing that in the age of Google scam artists can remain in
business.
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