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The Online Business Scam

Nov 20, 2007
This may come as a shock to some people but not every online business opportunity is going to be legitimate. There was a lot of fraud going on in the world before the internet was ever heard of and the ability to take money from trusting souls all over the world, has spawned a whole new batch of fraudulent enterprises. While multilevel marketing can be a viable business model, they get a bad rap from people on the internet who are resorting back to pyramid schemes and the old faithful Ponzi scams, named after one of the biggest fraudulent businesses ever to hit main street.

There are red flags that should be raised about these fraudulent opportunities and common sense can help them be spotted. Unfortunately, they are generally aimed at very desperate people who are willing to try anything that promises big bucks in a very short period of time. The old saying that if it sounds too good to be true it probably is, should be the first flag that runs up the pole.

When ads claim that they tried several dozen scam opportunities on the internet before they found the one real job opportunity that works, chances are it is another scam, hoping that other will believe their story and they can make enough money to move onto their next fraudulent endeavor. Thinking about the claims, if they were unemployed and had to spend up to $50 on every internet scam they fell for, that is a lot of money they threw away. The first thought should be what an idiot they never learn but usually they give out details how they are spending all the money they made.

The offer is usually advice on how to set up a website, just like mine to draw suckers in to send you money. With any luck your name will not end up on the list of internet scams or worse, on a state issued cease and desist order. In many cases the fraud is up front. You send money to a website and get nothing in return. After a couple of days, you go back to the site for the promised full refund and find it no longer exists.

Before sending any money for any opportunity, spend some time researching the opportunity. Is there a phone number to call with questions? Call it and see how it is answered. Is there a physical address, not just a P.O. box. Go to the postal services website and verify the address. Is there a way to contact those talking heads in the testimonials? If not, they may not really exist. If you have to send money before getting any of the details, question the offer. The time spent researching the opportunities could end up being money in the bank or at least keeping your money in your bank.
About the Author
Obinna Heche. Los Angeles - California

Delivering the best home based business ideas and
opportunities so you can work at home successfully..
http://www.homeincomeportal.com/obhmy365/
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