Counseling service guaranteeing money back. Legit?

fiftyfifty1
Thu, 21 Mar 2024 19:36:24 +0000

I don’t know if this particular company is a scam, but this type of money back guarantee is often used in scams. Here’s an example of how it works:

I could set up a Dating Magic Company that would promise a money-back-guarantee for getting accepted on a date. The terms of the deal would be that you would give me $2000 and a list of 10 single people you know in real life with whom you are interested in going on a date. In return, I would give you a “magic amulet.” You would be instructed to hold the magic amulet in your hand while you asked each of these 10 single people out on a date. If all 10 turned you down, I would give you your $2,000 back. But if you get accepted on even 1 date, I get the $2,000. Let’s say I get 100 people to sign up for my Dating Magic Company. Even if 90 of these people fail to get a single date,and I have to return their money, I make $20K for nothing more than a “magic amulet” that cost me 50 cents!

So to avoid this sort of scam, find out what the company plans to do for you. Are they providing a real service (e.g. test prep, essay editing, application editing, activity advising etc) or are they selling the equivalent of a “magic amulet” which actually does nothing and they are banking on a certain percentage of their customers getting accepted all on their own?