Is Perfect Wealth Formula a Scam? Where to Complain About Scams

Matt A. Maxx
The Perfect Wealth Formula is a new get-rich-quick scheme that is running rampant on the internet. It works in a typical pyramid form where members are encouraged to recruit other members to all sell the same product. A few people at the top of the pyramid will have many new selling members giving them a commission, while late-comers will have a hard time finding people to sell under them because the market is flooded with people all trying to sell the same item.

Right away when you enter the Perfect Wealth Formula website you can notice that they will not tell you what product it is that you are selling, they just mention that you will get rich. Take your clue from this, and their line drawings of their payment structure at the bottom of the page; don't invest unless you can afford to gamble a few thousand dollars to see if you will ever make a sale.

What everybody needs to understand about online pyramid schemes is that you need to file proper complaints quickly when things go wrong. Remember that if somebody else had filed complaints before you got there, you might not have lost your money. Do it for yourself and every other honest person on the internet.

Where to file complaints:

Perfect Wealth Formula claims on their page, "PWF is the opportunity that creates immediate cash flow and builds residual income at the same time. No more waiting for money! You will never even have to call people or close sales. It does all the selling for you."

If you sign-up for Perfect Wealth Formula and you do not get an "immediate cash flow" for any reason, the United States Federal Trade Commission wants to hear from you. This is the Federal office assigned to investigating internet complaints about internet sales sites. All sites must deliver their promises, or it is false advertising. To read more about Federal Trade Commission rules and to access their online complaint form, click here.

Contact your state Attorney General Office and ask for their online complaint form. Your state Attorney General wants to hear about purchases that you have made online where you received nothing as promised. If you can find the web site state, also contact their Attorney General and fill in the online complaint form. Their state wants to hear about people doing business in their state that are injuring people.

Contact United States Post Office and ask for their online postal fraud form. If you were promised any kind of information or goods to be transferred into your possession after you paid money for it, and didn't get it - you may qualify under USPS Postal Fraud laws. Click here to read more about what Postal Fraud is.

With places like The Perfect Wealth Formula web site, you have one of the top sales people making some of his records available to you online so that you can see large money going into his business. If you are curious enough about this information, you can always call the web site state tax commission and ask if these claims of large money are true. They might not tell you an answer. But, it never hurts to ask.

If you have lost more than a few dollars, you may want to try your local small claims court to collect. How this works is that normally you must file in their state small claims to collect. Call their state courthouse and ask if they would be willing to hear you by phone. If so, file there. If not, call your state courthouse and ask if you can file in your state IF you were made into a salesman selling their product from your state online.

So, how do I know all of these tricks? Right! I fell for a scam and refused to quit until I had found every available way of getting the authorities involved so that nobody else would get hurt. The questions we all end up asking about the get-rich-quick schemes is: 1. Do they work? 2. Where do we complain when they don't work?

Not all pyramid schemes are bad, and you may actually make money on The Perfect Wealth Formula. You just need to know what to do instantly when things do not go right before getting involved.

I am currently with a plan leasing a store web-site that I am delighted with. I use the site for sales and have turned off all of the options selling stupid "get rich quick" eBooks and cookie-cutter copies of my store that I would get a commission for.

While not functioning as a pyramid, I don't make as much, but I like the product line. If a site has a good plan, and a good product line, ask if there is a way that you can sell it without the pyramid involved. There's no way to get rich quick. But some products are worth selling anyway if you enjoy online sales.

Published by Matt A. Maxx

Matt is a full-time freelance writer for hire, specializing in advanced SEO techniques. Yahoo! Associated Content mentions include: 2008 Top 100 Writers, 2009 Top 1000 Writers, 2010 Top 1000 Writers and vari...  View profile

3 Comments

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  • Tim ....english speaking Q-12 Platinum with Ruby s5/18/2008

    Once again an all knowing individual posts a no-nothing about Quixtar...(Spartan). Do some research...see what the FTC, or the BBB or the U.S. Chamber of Commerce or some of the partner stores have to say about Quixtar. Maybe you should read a book...maybe the recent publication of WHY WE WANT YOU TO BE RICH, by Donald Trump and Robert Kyosaki find out what someone with a financial IQ above single digets has to say. But I doubt you will, because most likely they haven't found a cure for stupid yet!!! Or maybe you should learn to speak spanish...maybe then you could figure out the sales and marketing plan.

  • Jax5/16/2008

    I found out the other day that since Quixtar started in '99, out of the people that have signed up since then only 6 english speaking members have achived a level making 85K or more a year.

    That is the stupidest thing I have heard in a long time!!!

    Site your source? Oh, let me guess...you read it online by someone else who is nameless and without any documented source.

  • SPARTAN5/16/2008

    Great info! I know that I didn't know about the proper ways to bring up complaints, until I had the 'pleaseure' of being involved with Quixtar / Amway / Alticor. Talk about a pyramid scam! With less than 4% of all sales coming from people outside the organization, it's hard to see how they fall in line with the FTC regulation of 70% customer sales. If you look at Quixtar/Amyway with a rational mind, you can see how all the money is flowing up to the top, and how it isn't good for the new guy. The new guy in convinced that if they spend $52.00 on Dog food(the 'wholesale' price) at his own website, instead of $19.00 at Walmart, then someday (in two or three years), they could be 'rich.' That is as long as they find other people to buy into the same idea. How well has this worked? I found out the other day that since Quixtar started in '99, out of the people that have signed up since then only 6 english speaking members have achived a level making 85K or more a year. (Five of tho

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