by ALEXBENADY on OCTOBER 8, 2009 - 83 Comments in ENERGY
Internet fraudsters are raking in thousands of dollars a day with an elaborate scam selling magnetic perpetual motion machines that are claimed to produce infinite free energy.
Since spring this year an operation called Magniwork has been selling a $50 DIY guide to building a perpetual motion device at home. On their web-site the fraudsters claim the materials are available in any local hardware store for less than $100. One estimate puts sales of the guide as high as 5,000 copies a month, making the scam worth up to $3m a year.
The claims for Magniwork are advanced via an extensive Google advertising campaign, and a network of blogs, web-sites and reviews endorsing the product. (more…)