Although the topic is not directly about real estate, it is about people and their money.   It’s a tough economy and as we're all well aware of, we've seen our share of real estate and lending scams!  And, as if the economy wasn't struggling enough, we have yet another way to be taken advantage of through our desire for a better environment or from our stress of continually increasing gas prices.

Have you heard of the Pre-Ignition Catalytic Converter claiming, “The PICC, Pre-Ignition Catalytic Converter is a breakthrough new technology that could get your car up to five times the gas mileage!”

Recently, a family member contacted me who was thrilled that they had found something they thought would be the golden ticket to saving fuel costs . . .and saving the environment.  Several phone calls were put out to mechanics about installing this “revolutionary” technology that was sure to be the next big thing, and since it wasn’t well-known yet - they were excited to be getting it at a fair price before supply and demand went through the roof and the cost tripled.

BUYER BEWARE!! I immediately opened my trusty source for everything you want to know and more, the good 'ol Internet. I Googled the term PICC fuel and found all of the following information that supports this is a TOTAL SCAM. What’s most scary is that there are ads in reputable magazines such as Popular Science, so why would someone question its validity? It sure sounds good!

I share this with you because it enrages me as much as any real estate or lending scam would. Taking advantage of people who are completely frustrated and vulnerable in such uncertain times is UNacceptable. So, please click the links and forward to any friend or family member who may contact you with this golden key to the future either because they are passionate about saving the environment or simply cutting their fuel costs in half. And, if all these links still don’t convince you (you’re dillusional), remember that by installing this, you would void all manufacturer’s warranties on your vehicle.

If it’s too good to be true, it probably is! The links below are just a few of the sites that I found with facts, news stories and bulletins about the creator of PICC, Dennis Lee, this so-called technology and other scams he’s created.  I encourage you to search the facts for yourself if this was something you were considering!

http://www.funwithbutter.com/search/label/Automobile

http://www.electricitybook.com/dennis-lee-scam/

http://www.phact.org/e/z/dennisLeeonstealsanddeals.WMV

http://www.phact.org/e/dennis.html

http://www.nmsr.org/denislee.htm

http://www.rv.net/FORUM/index.cfm/fuseaction/thread/tid/21034695.cfm