I don't know if this one's a scam, but I can tell you that plenty of people have complained about it not being what they expected.
Late today, I heard from Florida's Attorney General. Just last year they received more than 25 formal complaints. They've forwarded them onto the Federal Trade Commission. If you want to read them, click here.
If you feel like you've been scammed by a work at home company, you can file a complaint with the FTC. To file a complaint or to get free information on consumer issues, visit ftc.gov or call toll-free, 1-877-FTC-HELP (1-877-382-4357); TTY: 1-866-653-4261. The FTC enters consumer complaints into the Consumer Sentinel Network, a secure online database and investigative tool used by hundreds of civil and criminal law enforcement agencies in the U.S. and abroad.
And here's some additional information to help you if you're thinking of working from home.