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| Avoiding 'Make Money Fast' Schemes |
By:
Lavinia Snider |
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We live in a world where the internet is one of the most
important tools for communication and business. The convenience
the internet offers is vast.
About a decade ago, online businesses boomed and since then
many people who wanted to make some extra buck turned to the
internet. Some are legitimate businesses who sell products and
skills and some are fraud sites that steal and harass people.
An example of these fraud schemes is the Make Money Fast or MMS
schemes. This scheme is very much like chain letters forwarded
to people. Make money fast will often claim that it is legal
and promises vast sums of money in a short period. It will
promise you with too good to be true investment opportunities.
People, especially those who are unlucky are easily deceived
into joining this kind of frauds. So why do people believe such
things? The only explanation is that they think these schemes
are true and that they can afford it.
People tend to think “what do I have to lose?” and another
thing is, almost everyone would love to make easy money.
Make money fast schemes usually come in the form of an email.
The contents of the letter states that you should send money to
some or all the names on the list then include your own name and
send the email to other people.
Here are some basic contents in Make Money Fast emails:
• It will usually start with a greeting from the person who
created the letter.
• This scheme will include some testimonials from “investors”
that will say that it made them a millionaire or made their
life easier.
• It will include a list of names and addresses.
• It will state that you have to send a specified amount of
money (usually a small amount of money) to some or all the
people on the list.
• It instructs you to forward the email to as many people as
possible and modify the list of names by placing your own name
and address at the bottom and removing one at the top.
• It will usually claim that it is legal and will promise you a
return on your investment.
There are several variations of this scheme. One common type is
that it will instruct you to send money to people as payment for
reports.
It will always claim that it is legal and some will include
section of the law to confirm the legality, when in fact the
very same law will state that it is illegal.
There are also websites that offer these schemes, and often it
will look very attractive and legitimate to lure people in
investing. It will display pictures of people smiling and will
include testimonials. Keep in mind that these are just photos
which can be purchased for cents at various graphic sites and
also be aware that anyone can make testimonials.
Although some of these websites are legitimate and offer true
business opportunities, most are fraudulent. Before you invest,
here are some tips on how to distinguish fraudulent sites from
legitimate ones.
Fraudulent sites will often offer investment return and big
profits that sound too good to be true. An example is that some
will offer to convert your $20.00 investment into $50,000.00 in
a matter of days and some even millions.
Find out if there is at least a reliable contact address on the
website. If it is legitimate, it will include a legitimate phone
number and address of the person. Call the phone number and wait
for someone to answer to find out if it is in fact legitimate.
Research the website on internet forums to find out if it is a
legitimate website or blacklisted. You can also find out if the
forums you visited and the website are fraudulent by tracking
the IP address. If the IP addresses are the same then it is
fraud.
Keep in mind that not all offers on the internet are true. Save
yourself from frustration and losing money, and always research
before investing in any kind of businesses!
About The Author: Lavinia Snider is the editor of Data Entry
Job Finder. Find companies offering legit work from home
opportunities. http://www.dataentryjobcenter.info |
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