Washington State Department of Financial Institutions

Avoiding Business Opportunity Fraud

Topics Covered:

Introduction

Dream of owning your own business? Out of work due to corporate downsizing? Looking for a way to finance the children's college education? Just looking for ways to make ends meet? Millions of Americans answer yes to some or all of the above questions. All are prime targets for the growing ranks of fast-buck operators pushing worthless "business opportunity" schemes involving vending machines, amusement games, pay telephones, pre-paid phone cards, and display racks for greeting cards, CD-ROM computer software, and a myriad of other items.

Please take time to read this information. It could save you time, money, and heartbreak.

Attracted by deceptive promises of independence and easy income, many would-be entrepreneurs are jumping into the arms of con artists who promise:

"Big Earnings, No Risks, No Experience, Prime Locations, No More Money Worries"

After reading slick ads in business magazines, small classified ads in the local newspaper, and attending "Business Opportunity" Trade Shows, you are finally ready to start your own business.

Before you invest your hard-earned money and sign on the dotted line, here are some things you should know.

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