Of course, scammer are targeting people who want to start their own home based business, but there are also scammers that target computer media users worldwide. These scammers are experts in creating websites that look and feel like the websites they normally use. For example, you can make an exact duplicate of your site website banks in an attempt to trick you into giving them your username and password or other confidential information, such as your account number or credit card number.
In the home based business scams, however, things work a little differently. In this case, the scammer just wants you to give your money, in exchange for a pack of lies and broken promises. He does not need the information from your bank account, you only need to pay, that inexperienced people will happily give hopeful. He will take your money knowing you’re smashing your dreams and emptying your bank account – and he does not care.
How to protect business opportunity scams
So, how can you protect yourself from these scams? The first step is to use common sense, common sound. As always, if it sounds too good to be true, it probably is. Learn the hype, and avoid deals that are “exaggerated.” Bombo means extravagant promises are being made. For example, a scammer may promise you can make tens of thousands of dollars in just a few days, with little or no work. That’s a common tactic used in scammy ads home based business. Research
Before investing your hard earned money in any business opportunity, you need to fully investigate the company. Check with the Better Business Bureau to see if there are any negative reports. You can also pay for a basic background check, which usually costs less than twenty dollars. Much can be learned from the basic information. Information
Use a PO Box instead of your home, and never give out personal information if you can help. However, when doing business online, many times you will need to provide personal information. When you do on the Internet, make sure the site is secure, ensuring that the website address in the address bar begins with https:// rather than just http://.
Read the fine print
Read everything, including the fine print and make sure you do not have to pay anything until you read all agreements and such. You should know exactly what you are paying before sending payment. If possible, ask to speak directly with others who have invested in the business opportunity, and verify who they are. Note that a scammer can put people telling you what they think you want to hear, but often, when asked for references and such, a swindler proceed. Common sense
Again, use common sense in all transactions, and trust your instincts. If it feels wrong, it probably is. If it sounds too good to be true, it probably is. If you are unsure, do not move forward until you are sure. The right business opportunity will come, but pay attention, and knowing what to be on the lookout for, you will not spend a lot of time or money to invest in business scams.