ARE ONLINE BUSINESSES A SCAM
Stay Safe from Internet Business Scams
The internet has been a great resource for us in many ways but unfortunately, it has also created opportunities for some people to scam innocent people. Scams anywhere can take multiple forms, but internet scams come in a special category given the scope and extent of damage they can do.
Luckily, the desire of many people to stay safe and avoid getting scammed have resulted in certain measures being taken like the enactment of certain laws and the creation of certain bodies to protect people and check cyber-frauds. Today, we're going to cover some of the top 5 internet-business scams to look out for so that you can stay safe while browsing the web.
1. Fake Investment Opportunities
Fake investment opportunities are one of the most common and dangerous internet business scams out there. This type of scam involves the offer of quick, large returns on investments. The scammers market the investments as if it were some kind of get-rich-quick scheme and require you to pay upfront fees for access. Oftentimes, these investments are scams and will eventually result in you losing all of your investment.
The best way to avoid getting scammed while investing online is to do your research. Make sure the Investment is legitimate and verify the credentials of the person you’re dealing with. Additionally, never give out your financial information or invest in something you don’t understand.
2. Phishing Scams
Phishing is a type of online scam wherein the scammer attempts to acquire sensitive information such as usernames, passwords, and credit card details (and sometimes, indirectly, money) by misleading you into believing that the person is trustable. Phishing emails are sent and the email address may look legitimate but if you click the link, you will be taken to a website designed to steal your information.
Also, phishing scams will often include malicious attachments that you should be aware of. The best way to protect yourself is to recognize a phishing email right away. If an email is asking for personal information like a username and password, or a credit card number, it is most likely a phishing attempt. You should always check the sender's email address and website links carefully before responding or taking any action. Additionally, you should be on the lookout for any suspicious emails asking you to click a link or open an attachment.
3. Fake Online Shopping Sites
Fake online shopping sites – also known as clone sites – are websites that attempt to mimic legitimate online shopping portals which offer products at discounted prices. These are usually tempting offers, but the aim of these sites is to steal your personal information like credit card information. Therefore, it is essential to check that you are on the correct website before entering any payment information.
Remember, never purchase anything from a website that does not look reliable or does not have a secure connection. Always perform a reverse lookup in order to verify the website’s legitimacy and never provide any personal information to a website that is not secure. Additionally, double-check your purchase history and check your credit card statements regularly to make sure there are no unknown charges.
4. Job Scams
Job scams can take multiple forms, but generally involve scammers attempting to acquire personal information or money in exchange for a “job offer”. These scams can take the form of fake job postings and even fake recruitment emails. Some of these scammers will even require applicants to pay a fee in order to secure a “position” with the company.
In order to stay safe from job scams, always be sure to research the company online before applying. If the company seems too good to be true, it probably is. Additionally, never pay any fee in order to secure a job and always question any emails asking for personal information. Finally, make sure you do your research and use caution when sharing your personal information online.
5. Fake Online Business Opportunities
Fake online business opportunities are ground scams that involve tools, products or services that promise to help you make money online. These scams usually require you to pay upfront fees for access to the product or service and then provide you with a series of steps to follow in order to make money. However, they never actually help you make money as they fail to deliver adequate training or leave out key steps required to make money.
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