Nice article, I did not realize people actually fall victim to such lavish schemes. Seems a bit common sense that if something sounds too good to be true, then it probably is. I think you're right in that there needs to be some level of accreditation for online courses given anyone can just create one. I suppose this is where reviews kick in which should benefit both the creator and consumer. The one part I disagree with is #2 'beta testing'. That would essentially force you to give away your course for free before charging for it. I personally find that I am more vested in a course that I purchased over a free course. Plus it can be difficult to try and sell something that was once offered for free. On top of that, results may vary, something extremely valuable to one person, might be utterly useless to another person.