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An inventor promotion scam or invention promotion scam is a scam where inventors are lured to pay money for development of their invention, or promotion of it, without the development or promotion actually occurring. Some invention promotion firms have been found to engage in improper and deceptive practices. [5]
World Patent Marketing (WPM), founded in 2014 by Scott G. Cooper was a fraudulent Miami-based corporation that presented itself as an invention-promotion firm but was later determined by the Federal Trade Commission (FTC) to defraud investors seeking to market inventions.
[16] [137] The review filter was first developed two weeks after the site was founded and the company saw their "first obviously fake reviews". [136] Filtered reviews are moved into a special area and not counted towards the businesses' star-rating. [136] The filter sometimes filters legitimate reviews, leading to complaints from business ...
Best practices • Don't enable the "use less secure apps" feature. • Don't reply to any SMS request asking for a verification code. • Don't respond to unsolicited emails or requests to send money.
When you check reviews from other new inventors, you can get a much better idea of what the team is like to work with, how effective their methods are, and what the overall reputation of the ...
For example, a Google search for "plastic + into oil + machine + hoax" might have turned up a link to this 2010 post on the snopes.com website-- two years before Carlucci finally caught on to his ...
An invention promotion firm or invention submission corporation provides services to inventors to help them in develop or market their inventions. [1] These firms may offer to evaluate the patentability of inventions, file patent applications , build prototypes , license them to manufacturers, and otherwise market .
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