Money Credit and You© Latest News and Information

Trademark Scam

October 29, 2014

Frank Online Marketing – It’s so easy to scam busy entrepreneurs and staff members, so take extra precaution when it comes to trademarking your future.

Anatomy of a Fake Renewal Notice

It makes me really angry when I see this sort of thing. It is so easy to scam busy entrepreneurs and staff members.

RELATED: 5 Reasons People Fall for Scams and Gotchas

Because there are so many scams in the mystery shopping business, I’ve become pretty good at spotting fakes; it sickens me every time I hear about one of my Web Mystery Shoppers getting scammed.  So let’s deconstruct this alleged trademark renewal letter I got the other day.

It Looks Credible At 1st Glance

Why it seemed credible (anatomy of a fake)

But If You Look More Closely

trademark fraud anatomy -  Hints that something's wrong

Why Do They Get Away With This?

They understand human psychology and have used it to stay (just barely) within the law.

How often do you really read the dense paragraph after the words “IMPORTANT INFORMATION – PLEASE READ”? Very few people do. So most won’t even have noticed that they are charging $1,450 (for something you can do easily yourself for $350).

RELATED:  How The Ad Industry Proposes To Stop Online Ad Fraud

I did read far enough to spot the shocking price, but it wasn’t until confirming my gut feeling that this was a scam that I read the rest of that paragraph. They acknowledge towards the end that “we are not [the] Canadian Intellectual Property Office…. You can also contact your representative in order to assist you…” (They don’t point out that it is also easy to renew online without a representative, and that the actual fee is a tiny fraction of what they are charging.)

They also have a page of fine print on the back in a pale grey that is very difficult to read, so, again, almost nobody will read it.

One could possibly challenge the legality on the grounds that the letter says “Your trademark is about to expire. Start renewal date 2014-10-09.” When I went online and checked, it turns out mine isn’t up for renewal until 2018, so I’d say this is misleading advertising.

Note that they cleverly chose to date the letter (at the top) 3 months earlier, so if I hadn’t dealt with it right away I’d worry that it had been sitting on my desk for months. And a reader’s eyes will skip the word “start” and see “renewal date: 2014-10-09″. Since the document didn’t arrive till after that, the reader is even more likely to panic and think they’d better sign and get this in the mail ASAP.

RELATED: Better Business Bureau Issues Warning Over New Computer Scam

So How Do You Renew A Trademark (in Canada or the US)?

It’s simple,

In the US: Go to http://www.uspto.gov/trademarks/teas/reg_maintain.jsp

In Canada: Go to http://www.cipo.ic.gc.ca/eic/site/cipointernet-internetopic.nsf/eng/wr01371.html