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Definitely getting scammed... Tell your friend that adult internet business is in big transition right now, and if he wants to buy there will be tons of options. That being said, I think "getting into the business" by buying a bunch of domains and stuff is an absolutely guarantee to failure.
Instead buy one domain, play around with it, getting traffic and work towards getting that first sale. You'll learn more, and work your way up to some success, even in 2012.
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