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How to make 3 Million Dollars (in a month)

Tuesday, March 24, 2009

I was adding some sites to the grant scam site blacklist tonight. Still a lot of work to do but one of the posts kind of surprised me.

Looks like we're talking about millions of dollars now. That's millions of dollars as in millions of dollars scammed from US consumers by one company scampany.

That company would be Grant Funding Search, LLC

The numbers are at the end of that post; the calculation may be using some very rough estimates, but even if it's off by a million we're still talking about US$ 2,000,000:

If those numbers are right, the following calculation can be made:

600.000 visitors, with a guesstimate 5% 'conversion' (victims) each at a combined $100 in fees, makes 30.000 sign-ups at $100 = US$ 3 million.

How's that for a scam?

The company is located (or so they say) in Las Vegas - with the rest of the street-legal mafiosi.

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