This is a true story of a young brilliant man who made a fortune on the Internet overnight and owed his quick downfall to his ill-gotten wealth. While this is an interesting saga of quick success, fraud and impersonation, this is a must read for all Internet Business owners, new and seasoned alike.
This story will serve as an example to all on how NOT to do business online and at the same time demonstrate the E-book he has left us continue to stand as one of the best E-books available online even to this day.
Continued from The Rise And Fall Of Joe Kumar Part 4…
As if Joe Kumar’s arrogance and childish behavior wasn’t enough to kill his reputation which he built with the help of 61 gurus, it was not long until a website Beware Of Joe Kumar was created to warn everyone about this dangerous individual.
There was more to Joe Kumar than just his arrogant and immature behavior online.
When the site was created, many of Joe’s victims have taken a brave step forward to share their unfortunate encounter with Joe Kumar on the Internet.
Joe violated basic business practice by not refunding his customers who purchased his E-book.
To make things (and his reputation as an Internet Business Owner for that matter) worse, Joe was involved in fraud and theft of more than $20,000.
In the attempt to succeed the frauds, Joe’s accomplice stole identities.
On a related case, Jo Han Mok revealed that Joe Kumar lied about the sales copy and set a victim named Josh Anderson up for $15,000 in fraud!
There was yet another witness that Joe Kumar lied to the same victim about who really created the site for Joe. They used this lie to con the victim out of $15,000 and attempted to extort an additional $75,000!
Suddenly, there appeared a posting on the Warrior’s forum, saying that Joe had been seriously injured in a bus crash in Singapore.
This was followed, a few days later by a barrage of emails from Joe himself saying that he was going to lie on the hospital bed for months and that he was selling his E-book at a discount, and offering resale rights, to raise $5000 for medical fees.
Not surprisingly, but very sadly, this news was met by a general feeling that this was yet another attempt by Joe to curry favor especially after what have happened.
The forums were again ablaze with people picking holes in the story and trying to find out if there is any truth in it.
More information on Joe Kumar and his fraud and theft activities which eventually contributed to his fall from grace online: http://www.s89456563.onlinehome.us/selling_business.htm
This whole story is still far from over.
To be concluded in The Rise And Fall Of Joe Kumar Part 6…
Copyright (c) Edmund Loh
About the Author:
Edmund Loh is the author of the E-Biz Wiz Blog and Starting An Internet Business Special Report. Visit E-Biz Wiz Blog for proven ideas, tips and information on starting your own Internet Business and subscribe to the 12 Day Internet Marketing Success Course. http://www.ebizmodelsyoucancopy.com