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internet fraud
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Online scams and fraudulent schemes are out there. In here you get watch-out tips in analyzing business opportunities, as well as links to sites that specialize in home business scams.
BUSINESS OPPORTUNITIES... Be your own boss and earn big money! Sounds Great, but Is that another internet fraud? |
- It sounds too good to be truth.when it claims that you can make money with little effort, think twice. It takes hard work, skill, good products or services, and time to achieve a successful business and there is no guarantee how much profit you'll make.
- Be cautious about business opportunities from bulk email. Many unsolicited emails are fraudulent.
- Request and Investigate earnings claims. Any claims about how much you can make, must be documented information or statistic of people who have actually made those profits.
- Check at your local library or bookstores for publications about how to run a business. Search the Internet for scams and internet fraud. Go to forums and discussion board to seek others opinion.
- Take some time off to think about it. If you are pressure to act immediately.be Aware!
- Be firm to read all the small print. don't be lazy! Get everything in writing. The contract you are asked to sign should include all the terms and conditions and the promises that were made.
- Is there a market for your product? What is the company's target customer? Can they become your customer?
- Get references for other people. Internet forum and discussion board is the best place to go... Ask them if the company kept its promises.
- Try to get written guarantee and fully understand their policy. If you have to buy startup kit or products, find out under what circumstances you can return them for a refund.
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PYRAMIDS AND MULTILEVEL MARKETING FRAUDS
Make easy money by joining programs in recruiting others to join, but.
- Pyramid schemes are plans that earn money mainly by recruiting new members without actual products are frauds and illegal. In legitimate multilevel marketing plans, profits come mainly from selling goods and services to consumers.
- Some pyramid schemes are dress up as "gift club" Members collect money from new recruits and as such to new members they go out to recruit to generate profit.
- Legitimate multilevel marketing company will only succeed if their products or services are consumable products that have a fairly high re-order rate. All successful businesses depend on repeat sales. If there isn't constant demand for the products or services, the business will fail.
- Beware of big earnings claims. How much you'll make depends on how hard you work and most importantly whether consumers like your products or services and re-order.
- Don't front-loading your stock (buy more products than you need). It is going to hurt .It has hurt many so call distributor for the last 20 years.
- Be cautious of plans that claim you will make money through continued growth of your "downline" -- the commissions on sales made by new distributors you recruit -- rather than through sales of products you make yourself.
- Beware of plans that claim to sell miracle products or promise enormous earnings. Just because a promoter of a plan makes a claim doesn't mean it's true! Ask the promoter of the plan to substantiate claims with hard evidence.
- Don't pay or sign any contracts in an "opportunity meeting" or any other high-pressure situation. Insist on taking your time to think over a decision to join. Talk it over with your spouse, a knowledgeable friend, an accountant or lawyer.
- Do your homework! Check with your local Better Business Bureau and state Attorney General about any plan you're considering -- especially when the claims about the product or your potential earnings seem too good to be true.
Better Business Bureau - to check internet fraud
BBB Scam Alerts - database of internet fraud
Fraud.org - internet fraud
>> Internet Fraud Resources |
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