WSJ.com - FBI, SEC Probe Web Sites Offering Large Returns for Looking at Ads

WSJ.com - FBI, SEC Probe Web Sites Offering Large Returns for Looking at Ads: "Now federal and state authorities are investigating 12dailyPro and sites making similar offers as possible Internet-era variations on a classic Ponzi scheme. Named for Charles Ponzi, an Italian immigrant to the U.S. who gained notoriety early in the 20th century, a Ponzi scheme is a fraud that promises outsize returns to investors but pays them with money from subsequent investors, rather than revenue generated by business.
The 12dailyPro site is among the largest of the dozens of what are called 'autosurf' Web sites that have cropped up on the Internet. With names like Auto.ExchangeTrade.com and vegasurf.com, the sites piggyback on a legitimate trend -- the surge in Internet advertising -- by promising generous returns to members who agree to view their ads."

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