RatingsHub is an ad-free website which contains reviews of different online businesses and websites. In viewing RatingsHub and looking up the reviews inside, you’ll be able to avoid online scams and advertisements that are floating across the web. Be informed that RatingsHub is by private invitation only. This video will show you how to be invited to the website and be able to fend off online scams.
Online business scams have been rampant over the Internet. You’ve seen many websites with banners and advertisements such as “Make a Thousand Dollars In Just Three Days!” and “Making Lots Of Money In Your Spare Time Is Easy!”
They’re tempting. But trust your instincts: they sound too good to be true, don’t they?
Actually, they are too good to be true. A lot of advertisements that are spreading in the Web are work-at-home scams that are meant to prey upon senior citizens, the disabled, stay-at-home parents, people with low income, and, last but not the least, people who want to get rich quickly.
The Daily Advertiser and Better Business Bureau gives us some signs that an advertisement is potentially a scam, and they are the following:
When you come across advertisements like these, always think twice before believing them. You would be worse off than you are now if you fall prey to these ads. You could lose money for the investment, and waste valuable time. The worst case scenario is that your reputation might be ruined in offering bad quality or nonexistent products and services, and be target for legal action because of this.
Picture from RCMP Canada
Awareness Of these Scams is the first step to avoidance.. Here are the 5 most common Business Scams to be aware of:
1. Advance Fee Loan Scams.
Whether it’s offered in a newspaper ad, on the Internet, or by email, this scam offers money at reasonable rates – if you send them money. They may say they need the money for insurance purposes or to get the money across the border. Whatever the reason, you’ll never see that money again – or the money they were supposedly going to loan your business.
2. Fraudulent Billing Scams.
Your business receives an invoice for goods or services that you haven’t ordered. The hope of the scammers sending these out is that your business will just pay up. Easy money for them. Easy loss for you.
3. Business Identity Theft.
Identity theft itself is the fastest growing fraud in North America, according to the Better Business Bureau, and business identity theft is growing apace. Just as someone can steal your personal identity, your business’s identity can be stolen. Once stolen, the thieves can use your business name and financial information to open a bank account and run up expenses.
4. Work-At-Home Scams.
Preying on people who want to have home-based businesses, these scams offer the opportunity to “make big bucks” working at home. Sometimes the ads say all you have to do is own a computer. Other times, the work-at-home scam involves stuffing envelopes or assembly work. The scam is simple; you pay for the information or the materials you supposedly need. Rather than being the key to making money, what you get is useless.
5. Credit Card Scams.
Fraudulent use of credit cards is also on the rise. In the standard credit card scam, someone will call and place an order, offering to pay with fraudulently obtained credit card information. The business fills the order, but later is informed that the credit card was stolen and the amount of the transaction will be charged back to the business’s account.
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