Money making scams - red flags
Watch out for money making scams that suck your wallet dry. There are so many sites to help you avoid money making scams, there's no reason to ever fall for one again.
I will keep this page of info about money making scams updated along with related moneymaking scams pages (if i run out of room, which unfortunately, I probably will).
I've tried to put the various money making and work at home scams into logical categories, but i don't think there's any way to categorize money making scams into a neat and tidy system, really.
Evergreen money making scams
Money making scams that just won't go away
I even felt a bit silly putting up the work from home scams list at WorkAtHomeTruth.com - that is until I got so much positive feedback the money making scams it helped people to avoid.
Signs of money making scams
A list of red flags to watch out for...
Items to check for possible money making scams
- You cant' find any earnings disclaimer, terms of service, or privacy policy on the website claiming to offer a money making opportunity. Typically you'll find these positioned as links at the bottom of the page. Most website promoting money making scams won't bother to have them. Why should they? Those items are their for legal reasons and someone running money making scams are already breaking the law anyhow!
- "Whois" informatoin is hidden in the website registration records. While there are legitimate reasons to hide registration information (I do it myself on some - but not all - of my sites), it certainly should be considered a factor in determining if something could be a scam.
You can check out the whois information at sites such as http://whois.domaintools.com or www.betterwhois.com
But remember whois records with "privacy guard" type features on them aren't by any means sure-fire indicators of money making scams at all - as there are legitimate reasons to keep contact information hidden on on those records (such as to avoid telemarketing/mail-order companies that gather phone numbers and mailing information from those records). - The company's phone number looks like a regular phone number but is actually a pay-per-call number overseas (this red-flag applies especially to U.S. residents trying to avoid money making scams).
You can read more about how scams using 809 numbers and other similar numbers work at the Federal Communications Commission site.
The site mentions you should check the area code you're calling if you're not familiar with it, but doesn't say how.
You can check the area codes at www.FoneFinder.net - Many money making scams use private mail box services. Of course many completely legitimate businesses use private mail box services as well, but you should definitely consider this a possible red flag for money making scams.
You can Click here to check MailBoxes, etc.'s Universal Store locator, although the smarter people running money making scams would probably use lesser known PMB services that don't have security precautions that are as tight as MailBoxes, etc.
But once again, remember, as this article at the popular and well-respected site www.About.com points out Private Mailbox Services offer many legitimate advantages for small businesses. - Beware of fake consumer protection websites. These are sites that pretend to be consumer protection websites, but in fact are often owned by the owner or promoter of the money making scam.
Additional sites to check for info on money making scams
- Federal Trade Commission
- Although a great site for revealing types of money making scams, and companies that have been closed down by the FTC, be aware that if you suspect that a current money making opportunity is a possible scam, that they may have not made it onto this site yet.
= - Federal Bureau of Investigation
- Financial Crime is the main category you'd want to look into at the FBI's site.
This page shows how complaints filed at the Internet Crime Complaint Center eventually become actual cases.
= - Scam.com
- This is a good site to research possible money making scams that haven't made it to the FTC yet.
Remember though that people at Scam.com are usually just giving their opinions and are typically more like amateur investigators than trained professionals.
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However, there are people that post there that are excellent at uncovering obscure facts and detailing scams ahead of other sites.
Also, sometimes they will reveal facts for you to check out like hidden fees. - Internet & Telemarketing Fraud
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National Consumer Leagues section on Internet and Telemarketing Fraud. You'll certainly want to check out the rest of the site, but when looking into money making scams, this is your best starting place. - Attorney Generals by State
- List from the National Association of Attorneys General.
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I've been working from home for several years now and am quite adept at spotting money making scams. I currently run the site:
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