Got this question recently:

"I received a letter from Preston Lord Enterprises (5 Lyons Mall, Suite 777, Basking Ridge NJ 07920) offering me $10 a letter to stuff envelopes. Catch: cheapest "application fee" for 49 letters is $99 (supposed earnings $490).
Scam? Plz help!"
Preston Lord Enterprises is an alternate name for a company named Maxwell Gates Enterprises that was sued by the NJ Attorneys General Office here:

http://www.nj.gov/oag/ca/press/capent.pdf

Preston Lord Enterprises is listed as one of the alternate names for Maxwell Gates Enterprises here:

Maxwell Gates Enterprises Review - Work-At-Home Companies in Mendham, NJ - BBB Business Review - BBB serving New Jersey

Alternate Business Names:

"Capital Enterprises, Inc.
David Gates Inc.
Gordon James Enterprises
Maxwell Scott Enterprises
Preston Lord Enterprises
Warner Daniel Enterprises"

In the additional information section:

Preston Lord Enterprises is an alternate name registered under Capital Enterprises, Inc. The BBB of New Jersey has received over 7,000 inquiries on Preston Lord Enterprises since October 2012.

Starting December 2012 the BBB received several calls alleging non delivery of materials after the initial payments were sent to Preston Lord Enterprises. The BBB asked the consumers to provide a written copy of their dispute so we can forward it to the company for resolution.

Preston Lord Enterprises offers work at home. According to information in BBB files, there is a one time fee of $199 or $299 for a start-up package depending on the material choice. The consumers allege that the amount is to be refunded after the 9th paycheck.

Preston Lord Enterprises responded to complaints filed with the BBB stating that the materials were sent to the consumers. Those complaints were closed as resolved. Additional complaints allege that after the initial package is received a new letter is disclosed that one has to continue paying for more leads at half of the initial start-up fee. The company responded by referring to the terms set out in the company letters and advises customers to read carefully what is provided.

As of January 9, 2013 the BBB cannot contact Preston Lord Enterprises by phone. The recording informs the callers that due a high volume of calls the company is offering phone service only to paid customers. The BBB advises consumers seeking any work at home jobs to ask the program sponsor to list every step of the job and to ask if the pay is based on client response (commission). Additional information about the expenses incurred, including supplies, additional fees should also obtained."