FTC Busts ‘Contrepreneur’ Work Scams

The following is a guest post by¬†Sid Kirchheimer: They’re not entrepreneurs. They’re “contrepeneurs,” or scammers who dupe¬†people who are trying to start up their own businesses. The Federal Trade Commission on Thursday announced law enforcement¬†actions against seven companies it says are perpetrating these cons. The¬†firms claim to help people set up home-based businesses as¬†mystery shoppers, ¬†website operators, or processors of credit card payments and¬†government insurance refunds.¬†The companies targeted are not nationally known [read¬†this FTC¬†release¬†for their names]. The legal action was …