Tuesday, February 23, 2010 11:21:56 AM
How To Sniff Out a Fraud
I tend to get a lot of e-mails from people either claiming to have invented the next big thing in alternative energy, or from people who want to know if a particular company has something that seems worthwhile. Generally, I can sniff out the scams and pseudoscientists pretty quickly. There are lots of telltale signs.
In general there will be no patents, nor patents pending. They will often tell tales of having their invention suppressed. A secret catalyst or secret formulation is another frequent theme. (People too often ascribe magical properties to catalysts. Catalysts can speed up a reaction, but they do not allow you to get around the laws of thermodynamics.) Scam companies will often incorporate a hot buzzword into their company name or the name of their technology, like ‘nano…’ (implying nanotechnology). Claims that the technology will solve the world’s energy crisis are all too common. Many times, it simply comes down to “if it seems too good to be true…” However, I normally give people the benefit of the doubt and I investigate further.
Find the entire Blog here:
http://robertrapier.wordpress.com/category/alphakat/
Yes they talk about Alphakat, a Company that had the same claims...
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