Word: buy
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Dates: during 1980-1989
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...that many consider themselves underpaid professionals who deserve whatever comes their way. "Once you get out on the floor, it's a job, and you expect to get paid," says former UNLV player Eldridge Hudson. "If a kid is busting his ass on the court, if somebody wants to buy him a car, let him have it." Hudson always hoped to share his good fortune with his family. "Me being a star, I thought my mother deserved a Mercedes." While in school, Hudson said, he had a private apartment and drove a Mazda RX7. How did he afford it? "Easy...
...called Vita Life told Searles that he had won a valuable prize. The St. Paul retiree would receive a new car, a two-week vacation in Hawaii, an imported French fur coat, a combination television-VCR, or $3,000 in cash. To qualify, all he had to do was buy some vitamins. Without a moment's hesitation, Searles agreed to order an eight- month supply for $395. But when his prize of a fur coat arrived 3 1/2 months later, Searles recalls, "my wife took one look at it and was absolutely disgusted. It was imported all right...
...millions of U.S. investors who routinely conduct stock and bond trades over the phone with their brokers. Because it is normal for legitimate brokers to solicit new business by making cold calls, crooks posing as Wall Streeters have talked elderly investors into borrowing heavily against their home equity to buy into schemes touted as surefire. "We are confronted with a national epidemic of truly staggering proportions," says John Baldwin, president of the North American Securities Administrators Association, a group of state officials who regulate brokers and dealers...
...paid trip to London," such an announcement begins. Winners are instructed to call for information on how to collect their prize. But when they do, they are informed that in order to "qualify," they must join an expensive travel club and pay "handling fees" of $100 or more, or buy a companion ticket at an inflated price. After the extra costs are added, such "free" trips usually cost more than if they had been booked through a travel agent...
Telescam groups in several states employ a "grand prize" hook to sell useless water purifiers. Supposed prizewinners, who are advised by mail to call an 800 number for information, are told they will collect such awards as a diamond watch, mink coat and luxury car if they buy a $398 system that removes pollutants from drinking water. Consumers who buy the product receive a worthless contraption containing two small charcoal tablets. Worse, the prize never shows...