Scam Report

The alarming high rate of Internet scams these days is really a setback in online business. As a result of this, many people especially those that have been scammed before find it difficult to believe that is possible to make genuinemoney online. The following reports contains the prevalent techniques used by fraudulent people online to swindle money from their unsuspecting victims.

Cheque Cashing Scams

Cheque cashing scams are the most prolific scams to date. They are very elaborate, convincing scams run by networks of criminals. Partaking in one of these scams could cost you thousands of naira or dollars and your identity. Fortunately, these scams are very easy to identify.

With a cheque cashing scam, you’re asked to receive a cheque,
deposit it into your bank account, and forward most of the amount overseas while keeping a portion of it for yourself as a “payment.” The cheques you receive are either fake or stolen and it’s only a matter of time before they bounce. Unfortunately, most banks don’t spot the fake cheque and will allow you to deposit them. This allows you to complete your “job” and send the portion required overseas.

The fake cheque you deposited will eventually bounce. It can take weeks, or even months but that cheque will bounce. Unfortunately for you, you’ve already wired the money overseas and there is no hope of recovering that money. This leaves YOU responsible for repaying the cost of the cheque.

Follow this one simple rule: NEVER accept a job that requires you to handle someone else’s money. If an “employer” wants you to receive a cheque and forward the money elsewhere, it is 100% guaranteed to be a scam. Every. Single. Time

Online Survey Scam

 

Although there are real survey companies that do pay you for taking surveys, but the scam here lies with people claiming you can make hundreds of dollars by answering surveys. Most surveys will pay you just a few dollars (There is hardly a survey company that offer more than $5) for 20-30 minutes work. If someone is telling you that you can become rich and make hundreds of dollars per day answering surveys, you're about to get scammed. There are a few companies that do pay well but are very rare, and you have to meet strict eligibility requirements before they accept you 

WARNING: NEVER pay to join a survey company. Survey companies pay YOU.

"Work At Home Mum" Online Scam

This is another form of scam by a foreign syndicate. Their sales page are usually very tempting with many fake proofs of earners and possibly, screen shot images of cheques received. It recently became common on Yahoo after they outsourced their advertising to third parties. They make it look like a news website with logos of CNN and some other media logos just to make you feel its real (it’s a psychological trick). Please don't be fooled. There are many duplicates of those sites. They even customize it sometimes with the viewer’s country. Click on the link below to see one of the fake sites:

LINK 1

Its built like a news site but Everything on the site including the comments and pictures are fake and they are really after your cash or card details.

See these links for more on this scam:

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Some of the adverts below are probably perpetuated by the same set of people using these fake news websites

Oddly enough, these adverts are promoted by advertising companies that are reputable. No wonder many people keep falling for it. There is no doubt that this is an advanced system of fraud. Unlike Google that advertises through qualified individuals by Pay Per Click, Yahoo makes use of advertising agencies who are busy serving unsuspecting people with scam, scum and trash. There is no Automatic Money online.

 

"Liberty Reserve Currency Exchange To Perfect Money" Scam

 

This is one type of scam on the internet that has successfully ripped so many people off their hard earned dollars. The scammers involved in this game often build web pages where they offer free information on how you can exchange your Liberty Reserve (LR) dollars to Perfect Money (PM) dollars with information on how to open and fund these accounts. There are two stages of exchange involved

1^st Stage

According to the information they provide, $1 LR = $1.28 PM and the exchange is to be carried out on e-currency exchange site. This implies that $100 LR = $128 PM. So when your carry out this exchange, $128 will be deposited in your PM account.

2^nd Stage

The second stage involves exchanging PM back to LR. According to the information they provide, $1 PM = $0.97 and the exchange is to be carried out on another e-currency exchange site. This implies that $128 PM = $125.01 LR. So when you carry out this exchange, $125.01 will finally be deposited in your LR account. This means you have gained $25.01.

So if you keep doing this exchange over and over for like 10 times, you will be earning like $1000

Interesting read isn’t it?

Where does the scam come in?

The SCAM lies within the e-currency exchange site and in the 1^st stage to be precise. As soon as you transfer your dollars to the e-currency exchange site, it varnishes just like the wind. This implies that you won’t even get to next stage.

NOTE: The e-currency exchange sites own those web pages and if this information is genuine, you won’t be getting it for free. Trust me on that. NO AUTOMATIC MONEY ONLINE. 

See what their web pages look like

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