I found this old article that was written by
Len Clemmons around 1996, Yes that is
14 years ago.
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Why Are Internet Malls A Scam?
Everyone wants to cash in on the Internet explosion
and the rapid growth of e-commerce on the web.
Every week some 20 year old opens a new Internet
company with an IPO on Wall Street and becomes a
billionaire overnight.
And Internet Malls look like a great opportunity
for the average person to participate in this
new financial frontier.
At first it was simply Internet “Discount Shopping Clubs”,
such as “Top Secrets” where you could become a
member for only $198, plus have the opportunity to sell
club memberships to others, as well!
The fact is, the only reason anyone bought the
membership was so they could have the right
to sell it to… Continue reading
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