Friday, February 7, 2014

5 Scams You Should Watch Out For

The work at home scam

This is a classic scam where people promise you that you can earn a full-time wage, or often more, by buying one of their "packages." When you buy this you'll get one of two things. Either you'll get nothing, or you'll be told to sell this package to your friends and essentially be part of a pyramid scheme scamming the people around you.

The Weight loss scam

This is a very common one. It's one you've probably heard about. But thousands of Americans fall into this trap every year. There is no "magic button" to lose weight, avoid anything that tells you that you can lose weight with anything but dieting and exercise.

The 900 phone number scam

This scam is becoming increasingly common nowadays. If you are told you one a prize and all you have to do is call a 900 number, don't do it. Every second that you talk on that number money trickles out of your bank account. thieves are becoming increasingly clever about this one, so don't be caught unaware!

The Ponzi Scheme

This scheme is probably the most notorious and well known. Charles Ponzi spearheaded the technique in which he convinced thousands of people to invest into a pyramid scheme. Ponzis system has been used by several con artists ever since.

Fake anti Malware Scam

Don't download anything but the most reputable of anti malware. This is because you can download a anti virus program, thinking itll fix your computer when actually it is uploading your personal information to a criminals computer!

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