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# Tuesday, 01 May 2007

It always amazes me how so many people still fall for online scams. I suppose the Internet being so vast and with thousands of new users everyday there is bound to be fresh meat for the scammers. 

Sometimes I wish when people are first introduced to the Internet that they are made aware of scams. One of the most popular of these scams is the Nigerian 419 Pen Scams or better known as an Advanced fee fraud scam . These scams have been going on for a long time and basically work on the basis of getting you to pay some money up front to help them get some money stuck in a back account in some third world country to be released and you guessed it there is always a corrupt official that needs to be bribed with your money. Now there is a group of people who bait these type of scammers and they have one of the most hilarious web sites I have ever seen 419 Eater.

Some golden rules to remember when working out if something is a scam

  1. If it sounds too good to be true it probably is
  2. If you have been offered a work from home opportunity be wary of web sites that ask for money up front.
  3. If you are on a web site that claims not to be like any of the other get rich quick scheme web sites they probably are.
  4. If you are on a web site that claims to have the secret to getting rich quickly with hardly doing anything in most cases they will have a very long what I call "Sales Piece" about how this secret changed their life until they eventually ask for money or ask for your contact details.
  5. In most cases their secret to getting rich which they will divulge to you is actually a web site just like theirs, you pay them $50 (or what ever the amount is) and you get a site just like them to lure in someone else and it starts all over again. This is in fact a pyramid scheme  which effectively is a non sustainable business model and in most countries this is illegal . It relies on people bringing more and more people into the scam to keep it going. These kind of schemes have been responsible in the past for destroying small economies.
  6. How long has the site been around? You can often check this by looking at the WayBackMachine, who else has talked about this site? Google the site and see what others have said about it.
  7. If the scheme is genuine the person running it won't mind you asking them many questions. After all you are the investor you have something they want - your money.

Put the following note with your credit card

"WAIT! Is this an Internet SCAM?"

The more people we can stop being scammed the less people there are for the scammers