Going Platinum, Inc.

Going Platinum Inc. was initiated in Lancaster, Penn., and promises that its multi-level marketing program can "turn a $3,000 per month Going Platinum income into well over $30,000 per month!" But I read all over the news groups that this is not true. This is a company you should be cautious of.

For starters the SEC has been chasing them in court for years.

On December 10, 2001, the Honorable Robert F. Kelly approved a consent order under which the Securities and Exchange Commission ("Commission") to obtain documents relating to the Commission's investigation into whether Going Platinum, Inc. and Catalan have engaged in a fraudulent scheme to sell unregistered securities over the Internet. This was still going on in 2006.

Apparently their free internet opportunity is just a scam to get personal information from you like your social security number to use in their securities scheme.

The business sounds great. As Going Platinum describes itself, "It is a full-service ISP, Internet Gateway, Search Engine/Directory, Shopping Mall, Virtual Office, and just about anything else you can think of, all rolled into one easy-to-use site."

But there is no mall, though Catalan announced it would open in Dec. 2000, it has not opened yet.

That, and they take your commission and more, by charging whopping membership fees. This is definitely a company to stay away from.

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