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While you can list products on sites like Amazon and eBay, you might have the most luck getting in front of more than 96 million buyers actively looking for vintage and handmade goods. Enter: Etsy.
The alleged scam lasted from August 2004 through October 2010 and is estimated to have cost the victim $6–20 million. Gold brick scams. Gold brick scams involve selling a tangible item for more than it is worth; they are named for the scam of selling the victim an allegedly golden ingot which turns out to be gold-coated lead.
Creating a shop on Etsy requires creating and posting at least one listing in the shop, which costs $0.20. Each listing will remain on the shop's page for a maximum of 4 months, or until someone buys the product. The prices of products are set by the shop owner, but Etsy claims 6.5% of the final sale price of the listing and 6.5% of the postal fee.
МММ was a Russian company that perpetrated one of the world's largest Ponzi schemes of all time. By different estimates from 5 to 40 million people lost up to $10 billion. The company started attracting money from private investors, promising annual returns of up to 1,000%.
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Well, as of May 2024, the average monthly retirement benefit was $1,916.63 -- or only about $23,000 per year. But that's just an average. Much depends on those factors above. Here's a look at the ...
That same year, a report in the United Kingdom claimed that these scams cost the economy £150 million per year, with the average victim losing £31,000. As of 2019, Nigerian letter scams still annually collect $700,000 ($834,205 in 2023 dollars) or $2,133 ($2,542 in 2023 dollars) per person.
Made of 80% recycled material and compressive fabric, Mindy describes the suits as "ultra-flattering" and "preppy-fabulous" — and we couldn't agree more.
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