Home Business Scams

Work at home scams have been around since long before the internet however the increasing reach of the net has given the scam artists a new method of getting their schemes out to more and more victims. We’ve all seen ads and emails promising us wonderful lifestyles and great home businesses for just a small investment of our money and time and many of us will have been duped in some way or other ourselves. There are also many real opportunities and genuine ways of working at home, the difficulty is in sorting through the scams to reach the gems.

Firstly, your gut instinct can be a pretty reliable indicator, you know that feeling you get “it sounds too good to be true”? – Well yes that instinct is usually correct! Classic home business scams also show signs such as:

Claims of Insider or ‘Secret’ Information

Promises of Huge Profit for Little Effort or Investment

Unrealistic Claims of Simplicity “so easy a child could do it”)

No Previous Experience or Knowledge Required

Testimonials from people you can’t possibly identify or contact (J.Smith, London)

They can only tell you more about the great opportunity after you sign up

A look at the small business magazines shows some real old chestnuts are still going strong. Some of these scams have been around since the printing press. Be especially wary of scams like these ones: Read More…

Posted under Scams

This post was written by admin on July 30, 2007

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