How to recognize a scam:
My goal in writing this article is to help you recognize a scam so that you won’t ever have to face being the victim of one.
If you have already experienced this, you’ll learn tips for you to be able to recognize a scam in the future.
What Is Scam?
Wikipedia defines a scam: “A confidence trick or confidence game (also known as a bunko, con, flim flam, gaffle, grift, hustle, scheme, swindle or bamboozle) is an attempt to defraud a person or group by gaining their confidence.” I have seen it mostly practiced by dishonest marketers in profitable niches such as finance, health and make money online.
It is highly possible that you’ve come across a scam or even become the victim of one. Every day, millions of spam emails are being sent all over the world promoting these unscrupulous scams.
Some Examples of General Scams
Prizes: You get an email stating that you’ve won a great prize like cash, an expensive vacation or a car – and to claim it, you will have to pay some kind of a fee. This is where they steal your money.
Bank Notice: A bank contacts you claiming that there has been fraudulent activity in your bank account, and they will investigate it. Once you provide your account details, you can expect to lose your money. I have received Bank of America scam emails that appeared to be authentic.
Phishing: An email arrives that appears as if it comes from the original source like your bank, school, or a service you are a member of. It includes a false link which, once clicked, will lead you to a fake website which looks EXACTLY like the original, and asks for your personal and account information. This will most likely result in identity theft and stolen credit card/charges.
I have experienced this with PayPal and eBay, and at first, I didn’t recognize a scam. I spent some time learning how to filter these scams with my email program’s junk/spam rules. Once set up, it works automatically.
Spotting Make Money Online Scams
Recognize a scam by these characteristics:
- You are not able to contact them.
- Claims that you can make a specific amount of money in a specific time.
- Get rich promise in a ridiculous, impossible time frame.
- Claims that you don’t need to work in order to make money.
- Vague descriptions with little or no details.
- Require payment to get started. Never pay to get a job or start working.
Their purpose is to deceive people by giving fake/wrong information and stealing their identity, money or both. So, you may ask…
How Do I Stay Away From Scams?
It is difficult to get experience about scams without falling victim of one. However, you don’t have to be a victim first before being able to recognize a scam. The following will help you know when you see a scam.
- If it sounds too good to be true, then it most likely IS too good to be true!
- Does it require that you spend any money? No real job or work opportunity requires a payment beforehand. There may be a few exceptions to this one, depending on the field of employment.
- Having trouble getting in touch with them? No connection = scam artist.
- Do you uncover only bad reviews about it? Don’t be the next victim.
What Scams Aren’t
How do I spot the real opportunities online?
There are legitimate offers and all of them require hard work and dedication. For the most part, the information required to start is freely available on the internet. A professionally written course or guide about making money online cannot be considered a scam. There are honest marketers out there who have wonderful programs and products available to help you make money online. The key is to have a balance – be careful and cautious but try not to become cynical.