Internet Business Scams – How to Avoid Them

The internet is a fertile breeding ground for scams, never has the warning “Buyer Beware” been more relevant!

money-shark-cropped

 

The internet is an amazing place, we have become so used to turning to it to find instant information that it has become second nature, no longer do we have to sit in a bar racking our brains trying to remember who the hell sang that song playing in the background? Shazam or Google can tell you in an instant.

 Beware

  • Have we have become too trusting of it?directory-466935_640
  • Do we believe everything we see on the world-wide-web?

Many companies in cyberspace hope you do, they tease you and draw you in with their clever marketing, knowing exactly which emotional buttons to push and which type of people to target.

Scammers know you’ve stumbled upon their website because you’re looking for a way to increase your income and make money. Most people are looking for a quick fix, an easy way to generate more cash. That’s exactly what scam companies pray on… and boy are they are going to show you how easy it really is…..

Scammed

So many people around the world are looking for ways to earn a living working online, the internet has opened so many avenues where this is possible and there are plenty of legitimate online job opportunities. Unfortunately, it has also opened the doors to those that see it as an easy opportunity to rip people off and feather their own nests. They have grabbed the chance with both hands and are not letting go!

In the USA alone around 30 million Americans are drawn into some type of financial fraud every year, according to the American Psychological Association. The financial losses are put at around $40-50 Billion, although it’s almost impossible to put a finite figure on it due to people not wanting to admit they had been conned.

Scam Busters

eyes-1571860_640

It is impossible to create a definitive list of online business scams as they are way too numerous and continue to grow across the online world like Ivy grows over a house and they have now reached every nook and cranny. It would be damn near impossible to keep up to date with them all, and they can often morph into something else when they get wind that someone’s onto them.

There are also plenty of so-called scam busters/exposers out there that lead you into believing they can help you differentiate the scams from genuine online business opportunities but only want to lead you onto their affiliate links that may or may not be playing with a straight deck?

Hang on a Minutethinker-1602201_640

No doubt people will be thinking: “isn’t that exactly what you’re trying to do, make money from affiliate links”? Yes, it is and I make no apologies for that, I think you will find most blogs are looking to do the same (if you can help people make money or avoid losing it, isn’t that a win-win?). However, I am not placing recommendations or affiliate links on this page because I don’t think It’s appropriate.

Note: I will only place affiliate links on my site from companies that I am either using myself, someone I know and trust uses or I have exhaustively researched and am 100% sure about, but even then I would expect people to do their own due diligence and not just take my word for it.

Avoiding Scams

The best ways to avoid scams online is by taking a few simple precautions:

  • By far the most important thing to do is to make sure you do plenty of due diligence on any online business you’re considering, for a start: do an online search for “ABC Company & Scam” as this will often throw up a lot of reviews on the company you’re interested in, read them, not just one or two as they could be biased, take your time and do a thorough check.

I can’t express enough just how important this is. Even if your best friend is recommending something, check it out as they may have already been conned and be blissfully unaware, you may well help them from getting financially deeper into something where they are unlikely to ever see a return.

  • Check the company’s details. At a bare minimum, it should be able to provide a listed telephone number, call it and see what the response is. They should at least be available during normal business hours.
  • Never pay upfront to be able to sell a company’s products, chances are it’s more than likely an MLM (multi-level marketing scheme), whereby the main thing you will be selling is membership. There are 1,000’s of products out there to promote without paying for the privilege, just look at Clickbank
  • Be wary of free trial offers (one’s where they want your credit card details upfront). Many companies use free trials to get you to sign you up for membership or products and then they invoice you every month until you cancel (you would be amazed at just how many people forget to cancel). Make sure you do your due diligence and check their cancellation policy before you agree to any free trials.
  • Money-back guarantees aren’t always what they seem. Scammers have always prayed on people who are desperately looking to make some quick cash and they target that need by offering fast easy solutions to their needs, often backed with money-back guarantees. Don’t be fooled, most, if not all get rich quick schemes only make their owners rich, don’t expect to see any of your money back. There are of course exceptions, do your due diligence and check the company out.

Final Thoughts

man-578909_640

 

I know you’ve heard this a thousand times but you need to hear it again;

“if it sounds too good to be true, it probably is”

All online businesses require time and effort to get off the ground and unless you really know what you’re doing you’re not going to turn into a millionaire overnight no matter what anyone tells you!

I hope this has been of interest and help, if so please don’t forget to share so others may get some benefit from it.


Some related articles that you may find interesting;

 http://www.nbcnews.com/business/consumer/internets-most-successful-scams-f6C10406358

http://www.forbes.com/sites/nextavenue/2013/01/21/dont-get-scammed-by-online-business-coaches/#4846559b28cc

https://www.consumer.ftc.gov/articles/0175-work-home-businesses#howtoknow

If you fancy some heavy bedtime reading (it’s 47 pages long) here’s a report from the Fraud Research Center which takes an in-depth look at fraud. 

Leave a Comment