To tell you the truth, 99% of all home based business ideas and opportunities on the
internet are outright scams. Therefore, identifying online scams is not an easy task to
99% of all online businesses are scams. Many people have lost a lot of money on the internet. You could get burnt too! So, do you want to know the whole truth about making money online? If so, click HERE.
Some of the peculiarities / features of online scam operators are as follows:
It is often said that in order to catch a monkey, you must
behave like a monkey. This is equally true in the case of home business scammers. So, it would
be worth your while to pay close attention to the modus operandi of scammers so as to know how
to avoid them.
Scammers have a fraudulent mind. So, their objective for setting up their "turnkey home business opportunity" is to defraud unsuspecting victims of their hard earned money.
Similarly, they are quite aware that it is not an easy task to convince someone to part with his or her money for any scheme, irrespective of whether it is presented as an opportunity to make money or not.
Therefore, they pose as your friend whose sole desire it is to see you get ahead in life. Hence, they tell you that they have developed a money making machine and would like to show you how to make lots of money with it.
Consequently, they would resort to all sorts of strategies to help them achieve their goal.
Once you make the mistake of signing up for their "turnkey business opportunity", they will keep on railing you with spam messages again and again until and unless you reply them. Additionally, the e-mail messages from the scammers will never give any of their recipients an option of unsubscribing from the mailing list.
Similarly, they place multiple pop-ups on their websites to constantly pester you with their notices of what you will be missing when you attempt to leave their web site - an indication that they are desperate to keep you from exiting from their website.
Some of the indicators of financial scam online are as follows:
A fundamental indicator of the possibility of a work at home business idea being
a scam is the financial returns that is promised in return for engaging in the business.
Since many internet users are looking for home income opportunities which offer a great deal of money without much work in return for it, they become the perfect target of home business scam operators.
Therefore, scammers often craft their sales pitches with screaming banners and headlines which they know will not fail to catch people's attention such as "Make Unlimited Cash With Liberty Reserve!" or "A Single Mom Makes $625 Every Hour From Home!" or "Make $500 Daily From This Turnkey Home Income Opportunity!"
Hence, if a particular business proposition promises a pay of $40 per hour or $3,000 per week, it is likely a work-at-home scam. Thus, the general principle for identifying a home business scam is this: if the remuneration promised in return for the extent of work to be done looks too good to be true, that is because the scheme itself is too good to be true.
If making money online is as easy as this, everyone on the internet would be stinking rich by now.
Take note that if it were that easy to make money online, almost everyone engaged in home based
business ideas and opportunities on the internet would be stinking rich.
Therefore, if you see any screaming headlines or banners promising a lot of dollars earnings from a certain home business opportunity without doing any serious work, red flag should go up in your mind that such a business proposition is a scam.
A sure pointer to a home business scam is a clause which requires the payment of a
registration fee before interested people would be allowed to take part in the business. An example
of this is the liberty reserve scam where a new member is required to pay $10 to other members of the
group before the person can be included in the scheme.
On the other hand, a registration fee may not be demanded before inclusion in the venture, or they may demand a small registration fee to buy their home income profit kit and demand a large activation fee before people can start using it.
Payment of a registration fee or activation fee of the work-at-home kit is therefore a likely sign that a home business opportunity is a scam. Be informed that no legitimate company operating genuine home business opportunities on the internet will require a fee to be paid as a necessary condition for taking part in the business. In many instances, registration is usually free.
Home business scam operators operate in complete anonymity. They do not have a contact
address and you have no means whatsoever of contacting them.
Since they are out to defraud people of their money, they want to do so without being found out. So, they will reveal very little information of themselves as they can.
Additionally, they hide under free hosting to perpetrate their fraudulent activities. Rather than register their own domain names, which will require them to provide billing information that would expose their personal identities, they would rather use a free host where they would not be required to provide such information.
The majority of home business scams are usually less than one year in existence
on the internet. Home business scammers set up a website, which is usually a one page website with
no other web pages on the site, put up their payment collection shopping scheme and they are in business.
They operate for some time, collect as much money as they can from people, then disappear into thin air immediately their evil acts are discovered on the internet.
Consequently, online scam websites are usually less than one year old, because once their victims discover their fraudulent activities, they quickly close shop and change their operational name in order to continue with their fraudulent activities unnoticed.
Hence, you need to find out how long a promising home business prospect has been in operation on the internet before you decide to invest your hard earned money into it. To find out how old a home business idea website is on the internet, check the whois of the company.
You can use the whois checker at the following web page to do this: TheNigeriaHost WhoIs Lookup. The whois checker will reveal the identities of the owners / operators of the home business scam and their contact addresses.
The first and most important strategy is to do a search about the supposed home based business opportunity on Google to see
what other people are saying about the business. Chances are that if they are indeed scam outfits,
they would have succeeded in ripping off other people before you came across them on the internet.
Those people who have fallen victims to the home business scams would be complaining about their experience on forums and social networks. If this is indeed the situation, Google would bring up any reference to that particular home business scam on its results page. For instance, do a search on "Home Income Profit Scam" and you will be surprised at the results that will show up on Google.
Another practical approach to adopt to investigate an online scam is to check their
popularity and traffic ranking on Alexa.com. If they are a new outfit of less than a year old, it would
be pretty difficult for them to achieve a ranking of less than one million within such a short time.
Additionally, investigate the inbound links shown on Alexa. Visit as many of those links as possible and see if they are genuine legitimate links and not spam postings on different social networks and forums by the same person - possibly the operator of the scam outfit.
Visit the website of the suspected scam outfit and look for their "Contact Us"
page to see if they have one. If they have one, check their Contact information to see whether it is
detailed enough. If they are a scam outfit, they will have none.
If they have a "contact us" page, send a mail to them to ask them to send you more information about their line of business as well as their testimonials from notable individuals and corporate organisations for verification online.
Check their whois information to find out the identity, billing and contact
addresses of the owners of the business. If they are a scam outfit, they would not have such information
- since they prefer to operate anonymously.
For a practical demonstration of how to investigate online scam, please see the web page: Make Unlimited Cash with Liberty Reserve Scam: Two Classical Examples of an Online Scam.
Online scammers are like fake pastors. They pretend to be righteous, but by their
fruits you shall recognise them. They will promise you overnight wealth, much like fake pastors promise
"24 hrs instant miracle".
However, the only person who will get rich are no one else but themselves. So, to find out the genuineness of their claims, get them to show you their "fruits" - the result of their efforts.
Since they claim to have the turnkey business opportunity to make you wealthy overnight, get them to show you evidence that they can actually make you rich through their much touted home income opportunity.
Get them to provide names and addresses of those they have made rich through their "turnkey system" before you will put your money into it. Thereafter, verify their testimonials by contacting some of those people that they claim are beneficiaries of their money making business ideas.
Chances are that they cannot provide these testimonials since they have none to provide and whatever testimonials they may provide are outright falsehood.
Be very careful of the false prophet who come to you in sheep's clothing, but
inside they are ravenous wolves. By their fruits you shall recognise those men.
A good tree does not produce worthless fruits. Neither does a worthless tree produce good fruits. Certainly, by their fruits you shall recognise or identify home business scam operators.- Matthew 7:16-20
For more information on online scams, please see the following web page: Home Income Opportunity Scams.
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