Provide a summary (250 word minimum) of an instance of fraud or a rip-off that you have experienced, know about, or have researched. Include all of the following and separate each item by bullet points or numbers:

1) State the name of the seller/business/person and explain in detail how the scheme works. If you do not know the name of the seller, please choose a different example.

2) Explain why this scheme should be considered fraud or a rip-off. Note: The weekly lecture provides definitions for fraud and rip-off.