MLM / Chain Money
Home Web Profit: Another online scam attempts to lure people with the promise of riches for basic typing work done from home

Why would anyone offer Rs15,500 ($256) a day to do basic typing work? Well, it appears to be a straight scam, without even pretending to run a business or create a pyramid.  It simply asks people to register FREE, seeks credit card details, ostensibly as age-proof and begins by siphoning off money from members’ accounts.


An email scam called ‘Web Profits From Home’ has apparently managed to ensnare hundreds of Indians with the promise of extraordinary returns form some simple typing work. In fact, it offers a whopping $257(Rs15,500) per day for typing work. The catch is that although it offers a free registration on its website as a limited period offer which would otherwise cost $99 (approximately Rs6,200 today). However, it requires potential members to provide credit card details, ostensibly for age-proof and there are innumerable complaints that the company has immediately deducted anywhere between $99 to $119(Rs7,000) on these credit cards.

The online company is based in the US and claims to provide basic typing work to be done online. It further lures people by saying that the work does not require any special technical skills, intelligence and mastery and is persons across the world who are looking for easy income opportunities by working from home.

Apart from the extraordinary returns, another give-away for even slightly sensible investors should be the hard-selling tone of typical MLM’s & Get-Rich-Quick Schemes -- “Try it today, be your own boss, set your own hours!  Join the thousands who already made Money using this system! Don’t miss the opportunity”. Had it indeed been such a mega opportunity, the company would have been flooded with more applicants than it could ever handle.


Naturally complaints are already piling up from Indians. These include young, unemployed and retired persons and housewives.  The website ( shows 379 complaints filed so far, claiming  losses of $1,36,382(Rs84,50,000) caused by

Balvinder shared how she got trapped by saying, “I received an email message to make Rs3,87,000 to Rs4,40,000 a month from home. I click on it and there is a pop up showing that it is free of cost. But the webisite asked my credit card details saying these were only required for age proof. When I filled details they deducted Rs1,254 from my account on 26 September 2013. I mailed them my complaint. Their site shows invalid numbers. On 29 September 2013, I got shocked after receiving message on my cell that Rs6,189 has been deducted by same company with different name Anchorage at Applied Training Online. I have no idea why this happened with me. I am very poor widow and the earning hand in my family”

Another member complains that $119 was deducted from his account although the company claims not to have deducted the money.

Interestingly, US based website is taking care not to dupe citizens of US and Canada. The website clearly states that “Sorry this offer is not available in US or Canada” . Yet, the website touts big American media names in a gimmicky fashion – it claims to have advertised on CNN, USAToday, ABC & MSNBC in order fool the very gullible.

It also has an Indian site ‘’ which published “success stories” to entrap people to join this site. One such story is about an Indian mother who reportedly managed to earn Rs4,09,386 per month after joining this site. The story has an image of the lady and her daughter with their first cheque of Rs8,795. Tellingly, it does not allow comment and the section is closed with a message: “Comments have been closed due to spam. Please check back later” . This website follows the same gimmick of touting its own advertisements on Lokmat, Dainik jagran as a credibility booster.

Moneylife has frequently warned that "If it looks too good to be true, it usually is."  This is clearly another in the same category. To know more about such online scams read our other articles:

Great Money Lab”, another survey and email fraud, spreading wings

Automated Paydays India: Work from home business, is it real or a scam?


Another online survey company luring people


Competition heats up in online survey space with the entry of domestic MLM companies


Fanbox mail scam: Watch out for automatic debit from your bank, PayPal account


Fanbox spam scam: Don’t fall prey to the earnings mailer


SpeakAsia still can’t show valid, legal documents


Infotech company selling ‘home-based jobs’ and UID kits for easy money




Jenn Soto

3 years ago

Work Online Academy | Online Work
It's so true the typing from home doesn't work. We've found just basic blogging on a really good blogging platform to be the best way to earn money online. Just drive traffic to it, capture leads with a capture page, and work on converting those leads into sales. It cost too much money to keep trying things that don't sound like they will work.

Dr Anantha K Ramdas

3 years ago

This is yet another scam almost similar to the millions of dollars and pounds that the recipient of the message gets about being a "lucky" cell number or email addressee!

We have to simply delete these messages, and not even open them!

In fact, when we get emails from any unknown person, best is to delete without curiously looking up what is in the message!

I have been a victim myself when a message, purported to be from Yahoo verification centre came, and, most methodically, I detailed the information sought for! and the result? My account was hijacked, and hundreds of friends received frantic message from "me", saying that I was stranded, penniless in Spain and asking for financial assistance! It took me days to get back to my account and notify all friends in my file that my account was breached.

We should not fall for such tricks!

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Process of selecting new banking licenses should remain credible, says EAS Sarma

Former union government secretary EAS Sarma has written a letter to Reserve Bank of India and Department of Economic Affairs, which drew attention to Moneylife article by Ramesh Arunachalam on areas of conflict of interest in the way RBI is processing new private banking licences

Considering the importance of the financial sector, in general, and the crucial role of the RBI (Reserve Bank of India) in particular, Mr EAS Sarma, former union government secretary believes that MoF (Ministry of Finance) and RBI should jointly address the issues raised by Mr Ramesh Arunachalam in his article in Moneylife to ensure that the process of selection of applicants for new banking licenses remains credible in public perception.


You may read Arunachalam’s article here:

Does the RBI know how much conflicts of interest it has created?

Mr Sarma has written a letter to RBI and Department of Economic Affairs (DEA), which drew attention to the Moneylife article by Ramesh Arunachalam on areas of conflict of interest that arise in the way RBI allows new private banks into the sector.


Mr Arunachalam's concerns, according to Mr Sarma, may be summarised as follows.

  1. The question of new banking licenses being issued to private agencies is at present under the consideration of the Parliament. The Parliamentary Standing Committee on Finance has expressed reservations against issuance of licenses to corporate houses. RBI should have awaited the final outcome of this, instead of rushing into constituting a panel to set into motion the licensing process.
  2. The above concern equally applies to the financial inclusion committee constituted by RBI under the chairmanship of Nachiket Mor. That committee whose term runs parallel to that of the banking license advisory panel could also await the discussion in the Parliament.
  3. Several members of the banking license advisory panel have direct and indirect linkages with agencies which are associated with banking institutions or likely to be aspirants for banking licenses in the coming months, thereby implying a possible conflict of interest that might erode the credibility of the Bimal Jalan panel. Arunachalam has cited specific cases that might involve a conflict of interest.

When the government eloquently argues for all kinds of “reforms”, Sarma wonders why the changes that he has referred to in his letter, which are well within the reach of the government, are never considered! Other issues raised by Sarma in his communication to DEA and RBI include:

  1. Section 35 of the Banking Regulation Act 1949 empowers RBI to inspect the banking institutions. The RBI Act itself empowers the central bank with statutory powers in other areas. In such a scenario, it is somewhat anachronistic that a deputy governor of RBI should sit on the Board of Directors of SBI and oversee its management. No doubt Section 19(f) of the SBI Act requires such an involvement but, certainly, it gives rise to a serious conflict of interest for the RBI which, by virtue of that provision, is drawn into the day-to-day decision making processes of SBI. Section 19(f) of the SBI Act should perhaps be deleted and RBI should insulate itself from the management of SBI.
  1. Section 8 of the RBI Act lays down criteria and modalities for constituting its Central Board. Obviously, the selection of the members of the Central Board should not be in conflict with RBI's own role as a regulator under the other statutes such as FEMA. For example, under Sections 6 & 47 of FEMA, RBI has the authority to frame rules and regulations. Under Sections 11 & 12 of FEMA, RBI has the authority to inspect and impose penalties on violations of that law. Against this background, there were embarrassing occasions in the past when the names of persons facing FERA (predecessor to FEMA) violations had come up for their inclusion in the central board! We have now a new situation in which some of the members of the central board may have a direct or indirect stake in the new banking licenses to be issued. Unfortunately, the selection of the members of the Central Board of RBI has remained a subject of political patronage. Often, it is the PMO (Prime Minister’s Office) which calls the shots. For the sake of RBI's credibility, should this not be avoided scrupulously?
  1. There is the wider question of MoF's (Ministry of Finance) officers sitting on the boards of PSU (public sector units) banks. There is a clear conflict of interest in this. Even if the government, as the owner of the PSU banks, is entitled to have its nominees on their boards, a better way is to nominate professionals who have no role in the day-to-day functioning of the Ministry and who can contribute objective professional inputs. In a way, this is a question that is relevant not only for the PSU banks but also for all central PSUs. There is an urgent need to introduce fundamental changes in the way PSU boards are constituted, considering that we may have to live with the PSUs for decades to come.



nagesh kini

3 years ago

Thanks Mr. Sarma for pointing out patently apparent issues. All these so-called High Powered Committees are superflous and redundant.
In the US due weightage is accorded to Senate/House Committees.Here when the Parliamentary Standing Commitee of which the now famous "Complete nonsense RaGa" is a member gives an unanimous cogently substantiated recommendation against banking licence why go ahead? This RBI commitee/decision become void ab initio!

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