Recognizing Online Scams
Chances are you’ve tried to make money online – whether it be from
competitions or quick money-making schemes. Everyone is doing it somehow
and chances are, you’ve seen the adverts online: “You could earn over
$1000 in an hour! All you have to do is […]”. But how do you weed out
the scams from the legitimate opportunities? Here are a few easy ways
that you can use to determine which websites are just waiting to scam
you.
Are you required to pay a fee up front?
Generally speaking, if you’re required to pay an upfront fee to use
their services, it’s a scam. The website will claim it’s for the cost of
training, but more often than not your money will disappear and so will
your supposed training service.
Are you promised immense wealth in just one day?
There is no way, unless perhaps you’re a broker or something on the
stock exchange, that you can make thousands of dollars in a single
night. Scammers are generally very smart individuals, they prey on your
dreams of “making it”. It’s especially hard for those who are just
trying to better their circumstances to recognize a scam like this.
Think about what the “company” gets out of this deal
What legitimate company just gives money away, especially if they can
keep it for themselves? You aren’t a recognized charity, so there is no
publicity on that front. We live in a dog eat dog world and very few
people in would willingly help you succeed for no gain on their side.
When asking yourself what the company gets out of helping you make
money, you need to see the reason behind the lies.
Question how they are actually making money
This is an important question to ask yourself, especially since they’re
now helping you “make” obscene amounts of money. There are two ways in
which websites can make money. By being independent of the user – this
means that, regardless of whether or not you use the site or succeed,
the website will succeed without you. The other way is by being
dependent on the user – think of sites such as e-bay and the like. They
need you to use the site in order for them to make money. Websites that
are dependent on you, the user, are less likely to be a scam since they
need you.
Don’t fall for “buy now” statements
These statements are there to create a sense that there is only a
limited amount of something available. This makes the item seem more
valuable than it really is and it’s human nature to want something rare
that either very few have or only you have.
Don’t fall for “The rich relative” thing
With this specific scam, you’re told about someone’s really rich uncle,
friend, etc. who has some trouble entering the country or wants to leave
you all his money in his will. You’ll be told you need to “help” this
person with a small contribution towards getting what you need and
you’ll be repaid 1000 times over. These claims are never true. Never.
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