Work at Home Internet Scams

Posted by Dan Benson on August 17th, 2008 at 12:43pm

The internet connects millions of people every day, which means honest individuals can conduct business quickly and efficiently. Someone may invite you to join in an investment scheme, put your money down for a new business or offer you insurance services. Those are just a few examples, but they have a common theme - you are the one parting with your money. Business owners understand how important an advertisement is. It is in this manner that they would tell to everybody that they are selling products and offering services.

He smelled a swindle, and he calculates it has cost his business more than $100,000 since 2003. If you want to make money online and operate a real ecommerce business then understand that it requires a substantial time investment. First, the business owner must learn the ropes and tricks of the trade and then, to build the business.

The Internet has proven to be invaluable to businesses and consumers. But it is like any technology and can be used for both beneficial and malicious purposes. Phishing is big business. The good news is that prevention is not difficult. In this age of electronic information, virtually every business and many households are wired to the Internet, allowing individuals to access up-to-the-minute information, such as stock quotes and general corporate information. Additionally, stock fraud has been a real part of American culture for as long as stocks have been traded, while general fraud on the Internet is nothing new either.

Advance Fee Fraud, where cash is required from a consumer before a payout of millions from lotteries or Nigerian business proposals, is used for two purposes. If the fraudsters are lucky enough to scam the consumer out of cash, then that is a small bonus to compliment the personal details they have extracted from the consumer - these can include bank account and credit card details, passport numbers, social security numbers etc. Often, they involve emails that appear to be from a legitimate business, such as a bank, and direct recipients to visit a Web site that likewise appears to belong to that business. There they are asked to “verify” account information. In the hopes of better understanding the business pressures exerted on spammers, this paper focuses squarely on the Internet infrastructure used to host and support such scams.

Approximately 60 experts from business, government, the technology sector, the consumer advocacy community, and academia met at the FTC to discuss strategies for outreach to consumers about avoiding phishing. The FTC’s report summarizes key themes that emerged from the Roundtable Discussion and outlines next steps for increasing anti-phishing education. A large number of would be home business entrepreneurs have already set themselves up using the ‘Rich Jerk’ methodology. This being to sell affiliate ‘Get Rich Quick’ programmes using either, templated ‘Rich Jerk’ websites (freely supplied, but tied in to hosting ‘deals’), or sites that they have created themselves. I have been so hard-working and conscientious over the years in regards to my work and I feel that I could do well with an internet business, if I understood the WHAT and HOW of it all. I continuously hear about making truckloads of cash with just working an hour a day.

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