Helping You Avoid Life's Financial Mistakes

Forward Financial Group Scam: Why They Are Not A Scam

December 1, 2010 By 1 Comment

If you’ve read my previous article on the World Financial Group scam you would have learned how this company is really not a scam an can truly bring something great to people.  However this isn’t the only company that is perceived this way.  In in this article I’m going to cover another financial company that has been called a scam as well, it’s Forward Financial Group.

ffg_logoThe goal to Forward Financial Group is to help free up cash flow within peoples budgets and help them pay off all of their debt in 7 years or less including their mortgage.  This can seem like a pretty hefty goal but as an agent who previously worked in financial services let me tell you it can be done.  So how do they do it?

The first thing they do is put together a budget of your current finances to help you get a better picture of where your money is going and help identify problem areas.  Next they will look at ways to cut down debt.  For example, one option is to refinance their mortgage to a lower rate.  If you have a $150,000 loan at 6% and were able to drop it to 4% you would go from a payment of $900 a month to $716 a month freeing up $184 a month.

Another option is to consolidate your credit cards with the freed up equity in your home using a second mortgage.  The benefit of this is two fold because the interest rates will be a lot less going from something as high as 20% to something around 6% can make a big change in how much you pay in the end.  On top of that bundling it with your mortgage will give you the added benefit of getting a higher refund.

However it doesn’t stop their.  Forward Financial Group also will look at your tax situation to adjust your taxes to free up money up front rather than waiting till April.  They also do a free three year look back on your taxes to see if your CPA has missed any tax exemptions.

They also take a look at your life insurance as well, by reviewing your current insurance plans and help you make the change to cheaper less expensive plans.  On top of that also look at your auto, home, and health plan and work to cut these payments down to the cheapest thing possible by raising deductibles and shopping the market to help you find the least expensive plan possible.  These are just some of the things they do to cut down on spending.

The reality is after doing a full and total review their is no Forward Financial Group Scam.  How do I know this, because their emphasis  is on helping people solve their financial problems not showing you some get rich program.  If you are have financial issues debt and out of control spending check Forward Financial Group out and get started today.

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World Finance Group Scam: Why People Believe This Is A Scam

November 29, 2010 By 1 Comment

If you’ve read my article on the World Financial Group Scams you would have learned why people think this real opportunity my be perceived as a scam in some peoples eyes.  So in this article I thought I would go a little bit deeper and cover one of the real reasons why some people believe this company is a scam.  In this article I’m going to cover the true reason that has helped WFG survive and become a financial giant, recruiting.

The Model Of The Business

Recruiting is the life blood of World Financial Group.  Every company has a method to their marketing and with WFG it’s recruiting.  In fact this financial giant recruits around 10,000 people each and every month alone making it one of the biggest growing financial firms around.

However in order to join WFG you will have to pay a fee of $100 and pass a background check.  This is where things can become a bit confusing for some.  Some believe it’s used to pay other reps for hiring new potential reps but this isn’t true.

Their are two main reasons for this fee, first off it cover the administration to get you signed up with the company, and give you a code number.  However secondly and most importantly it’s used to create a boundary so only those that are serious about this opportunity will pay the fee.  To prove my point I recruited an individual once and he was excited about joining the company but when it came down to putting his  money where his mouth was and taking action he couldn’t do it.   On top of that if they let everyone join for free you would have so many tire kickers who would join and quit before they even got started.

Why Recruit

So now that we know the type of marketing method they use you might be wondering why doesn’t this company just market their products like any other company out there?  The reason for this has to do with the warm market approach.

Think about it if you were selling something would you rather make a 100 cold calls everyday and get a 100 no’s, or would you rather call up your buddy you’ve known since high school and show him a few ideas you’ve been working with.  Personally, I recommend the second option.

However let’s take it one step further, with warm market recruiting if I call up my best friend say George, and we get together and he joins up with me and we go over and talk to one of his best friends, Billy,  it makes it a lot easier for someone to break into someone elses warm market this way.

On top that this method of marketing is also a lot cheaper.  Think about it, in order to make cold call you would have to buy a list of names, or market through billboards, or radio and TV ads.  This method of marketing is very expensive and can cost thousands in marketing dollars, whereas recruiting cost are next to nothing.

Why People Believe This Is A Scam

However their is an extreme side to this as well.  The down side to this and why people believe  the World Financial Group Scam is real is because their are a few bad apple in the bunch.  The truth is while working in the company I’ve seen this several times were people will recruit others just to get into their warm market and then once they’ve taken all they can they move on to the next person.  This is a rather crude tactic and I would suggest avoiding people like this.

In the end if someone does ask to show you this opportunity take the time to check it out, you may surprise yourself.  However look for successful people within WFG to help you.  Finding a successful role model within WFG will give you a definite advantage and will help you from falling victim to those that want nothing more but to take advantage of you.

Questions? Leave a comment below.

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Cencus Scams Ripping People Off

April 1, 2010 By 3 Comments

Chances are you’ve already received your Cencus letter in the mail.  In fact you may have even filled it out and sent it back.  However did you know that there is a scam going around?

In this article I’m going to pass along some helpful tips to look for and do so you don’t get ripped off buy a Cencus scam.

The Less You Know The Better

It always seems when something comes along that people don’t know a lot about the scammers come out in full force.  Whether it’s email scams, eBay scams, or boiler room scams, people are out there to take advantage of you any way they can.

It’s no different with the Census when it comes to scams.  The truth is scammers believe the less you know the easier is it will be to take advantage of you.  The best way to combat against these things is to continually read up on these things before you get ripped off yourself.

How The Cencus Scammers Are Ripping You Off

There are two ways the scammers are taking advantage of you with the Cencus.  The first is by phone; once you receive your Cencus letter someone may call you and inform you that they are from the Cencus Bureau and need to ask you some questions.  Whatever you do don’t give them any information, because nobody from the Cencus Bureau would contact you in this method.

The second method the scammers are using to rip off people is by sending you an email telling you that either you need to verify your information or that you may even have to pay a fee for whatever reason they make up.  Whatever you do don’t give them any information like credit card numbers, your social security number or banking information. Also if they happen to send you an email with an attachment don’t open it.  More than likely it’s something that isn’t good for you or your computer.

What You Should Look For

If you fail to send your Cencus letter back you will probably get a visit from them.  If this happens there are a few things you should keep in mind when they come by to chat.

First, they should have the proper identification when they show up at your door.  Don’t be afraid to ask to see their identification badge either, if they don’t have it do not allow them to enter the house no matter what. Even if they claim they could arrest you.  If they don’t have the proper Cencus bureau identification you have the right to stop them from entering.

Second, they should be carrying a Cencus Bureau canvas bag.  This bag carry’s the proper government seal.  If they have anything else but this bag it should through up a red flag immediately.

Third they should have a confidentiality notice upon meeting with you.  If they do not request one first before they go any further.

Finally, ask for their name and contact information.  They should hand you a business card which should contain their name, location of there government office, and phone number.

Do You Have A Story To Share

If you have been approached, emailed, or called by a Cencus scammer feel free to share your story.  My hope is that many of you will read this and hopefully prevent yourself from being scammed.  Also feel free to pass this on to others to warn those that are not familiar with these con artists.

Chris

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Why The World Financial Group Scams Are Wrong

February 2, 2010 By 36 Comments

Recently, if you’ve read my review on World Financial Group, you would have seen a lot of people making comments there.  Some good, some not so good.  In fact some claimed the company is a scam altogether. In this article I want to prove to you that it’s not a scam but also address why it might seem like a scam to some.  The reason I’m doing this is because I’ve personally worked with the company for four and a half years and not one time did feel like it was some sort of scam.

Why People Believe WFG Is A Scam

WFG does not pay you to recruit. First off, World Financial Group is a recruiting company.  Everything is based off of this idea.  In fact, they recruit nearly 10,000 people a month.  That’s a lot to keep track of.  Of those 10,000 recruits, 10% of them will only get licensed, and of those that get licensed only 10% of those will make it to the 5 year mark. Why is this? Generally speaking there is a high turnover rate in this business, especially if your only working on commission, which they are.  This means you only get paid when you deliver.  This means you have to sell to clients and if you can’t do that you won’t make any money. By recruiting people it allows someone to break into other warm markets.  I did this all the time and I can tell you this, it is much easier than cold calling or sending mailers.  Don’t get me wrong the other two option work but they don’t deliver nearly as good results.

WFG is not a pyramid scheme.

Secondly, a lot of people are under the belief that the large amount of recruiting they do is considered a pyramid scheme.  So in order to prove that it isn’t I will define a pyramid scheme.  Here is what Wikipedia says:

A pyramid scheme is a non-sustainable business model that involves the exchange of money primarily for enrolling other people into the scheme, often without any product or service being delivered. Pyramid schemes are a form of fraud.

One, WFG does charge a fee to get started, but it is not in any way ever paid to any person in the company, much less the people who recruited them.  The fee actually goes to the corporate headquarters to get them set up in the system, do background checks and start up materials. World Financial Group is also a business opportunity, which requires an investment to get involved.  Think about it this way if you were to start your own McDonald’s Franchise you would have to pay them just too even carries the McDonald’s name. Two, under the definition of a pyramid scheme it also says that you don’t actually deliver any product or service.  World Financial Group has been selling life insurance and securities products for years.  They also give consolations and investment advice.  Need I say more.

WFG reps have licenses.

Third, in order to get paid by WFG you must have a license.  While I worked with the company I had a life and health license and a series 6, and 63 licenses to deal with securities like mutual funds. These licenses were the only way I could get a paycheck, not through recruiting or some other bull crap lie.

WFG works with large financial institutions.

Finally, World Financial Group is in business with financial companies like Transamerica, Western Reserve Life, Prudential, American Funds, and the list could go on and on but I think you get my point. These companies would not be in business with WFG if it were some pyramid scheme trying to rip people off.

One Last Thing To Think About

One last thing I want you to think about before I end this article and that is no one can know everything that is going on inside WFG at one time or another.  This also goes with all the other financial institutions. Even with all the government regulators, quarterly interviews, regulatory compliance meetings, and even up line over sight of all trades it’s always possible to miss something.  

 There is always a bad apple somewhere, and it’s these people who make the company look bad. Think of all the bad things you’ve heard about Wal-Mart or McDonald’s.  Great things happen every day within these companies but when just one bad thing happens everyone remembers it like the plague.

WFG is no different, they have helped family after family from falling it financial ruins, but then there’s that one agent who messes up and that’s what everyone remembers, when in reality that has nothing do with the company and is just a onetime indecent.

I know I will catch a lot of flak for saying this but unless you’ve been there and helped families from falling into the financial abyss I don’t think you have any room to talk.  I’ve been there and done it and now there are a hand full of families that I’ve helped that will be better off now all because I took the time to give them a call and ask if they needed help. I can’t think of better way to help people. 

So before you say World Financial Group is a scam take a step back and think before you speak.  You are talking about real American families who are working to support their families and help others.

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Instant Credit Repair Secrets: Credit Repair Scams Reveled

October 22, 2009 By 2 Comments

If you have reached this page looking for some quick fix to your credit or fast credit repair you will want to read this before you continue looking. Today they’re more people in debt than ever before.

More people are filing for bankruptcy and foreclosure than ever. People are looking for some way to get out of this mess. Unfortunately it’s usually those that are the lowest on the totem pole that fall for these frauds and scams.

Credit Repair Scams Reveled

The point I am trying to make here is that most credit repair agencies are scams.  I know I’m being a bit blunt when I say this because it’s for your own good before you go blowing your money on some instant credit repair secrets scam.

With hundreds of thousands of people’s credit in the dumps these days were all looking for some quick fix to boost are credit up.  The point I’m making is that the, “repair my credit now,” store down the street is nothing more than a scam.

Why?

One, because everything they say they can do you can do also.  Yup, you can fix your credit report yourself.  You don’t need some credit repair agency or some special credit repair software that fixes your credit, much less pay them money.

Two, they don’t have any special tricks up their sleeves to instantly fix your credit fast or give you the secret you’ve been looking for to make your credit go from 450 to 850 over night.  It doesn’t work that way.

Finally, if you do have a bankruptcy, foreclosure or tax lien on your record, a credit repair agency is not going to have any power to wipe that black mark off of your credit report.  It’s impossible to do.  The only thing you can do is wait till they wipe the slate clean.  This could take anywhere from seven to ten years.

So How Do I Repair My Credit Now

In order for you to repair your credit we need to address a few questions first.  Ask yourself this…

  • Why do your have bad credit? What got you into this situation in the first place? Was it massive amounts of credit card debt? Was it a job loss? Was it poor money management skills? What was it? Pin point the reason you have bad credit.
  • If you had better credit what would you do with it? Isyour plan is to take on more debt or credit? The reason I ask these questions is because if your plan is repair your credit just so you take on another loan you’re heading right back to where you started.

Why?

Because a credit repair agency or credit repair software is not going to solve the entire problem.  Nope, it may help you improve your report but it won’t better you in any way.  It won’t get rid of the debt problems you’re facing.

What You Should Focus On

Instead of focusing on a fast credit repair agency take a step back and look at a plan that solves the entire problem from saving to paying off debt to saving for retirement.

It’s called The Seven Baby Step Plan from Dave Ramsey.   The great thing about this plan is it walks you through a simple proven process that will help you not only get out of debt but put you in a position to stay debt free forever.

I could sit here and talk about all kinds of different ways to get out of debt and repair your credit but Dave Ramsey’s plan is by far the simplest to follow.

In Closing…

Credit repair doesn’t work because there’s no such thing as a quick fix to your credit.   The best way to fix your situation is by following the seven baby steps plan I mentioned above.

Chris

This post was recently featured on the Money Hacks Carnival by Amateur Asset Allocator.


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The Scammers Lists: The Names Of Known Scammers

October 9, 2009 By 152 Comments

line_up

Update:  The internet is full of scammers if you know of a scammer please check out the comments section and leave their details.  If you Think you’re at risk for identity theft? Get LifeLock from $9/month. Enroll now.

Over the last couple of weeks I’ve been taking my time to put together this list.  This list is unlike any list you may have seen before because this is list of known scammers by name.  This could be a persons first name, a website address, the name of a company,  even an email address.

This list will be formally known as The Scammers Lists.  Today so many people are getting ripped off by these cons that I felt compelled me to start a list of known scammers.  However this list of scammers is by no means a complete list.

This list is just a start of known scammers and a way to turn in scammers names.  With this list finding scammers on the net will benefit us all by exposing these criminals and helping others avoid getting scammed.

Next, feel free to add to this list by leaving a comment.  By contributing your information everyone benefits.   On the same end of the stick if you have reached this page make sure you read the comments because they will contain the best information of all.

If you are planning on leaving a comment list the scammers name, how they contacted you, and what they said.  Give as much detail as possible.   Over time I will add more names to the list as readers bring more names to my attention.

Finally, their were a lot of names I’ve come across over time that were reported to me as being scammers.  However, I have not listed most of these names due to the fact that I couldn’t verify whether these names were the names of real scammers.

The List Of Scammers Names

  • Milton Hayward. This scammer is actually the name of a company.  In fact their are several people involved in this scam of which all names I will mention next.  Milton Hayward are basically stock scammers based out of China looking to sell people bad investments.  You can read more about Milton Hayward here. Other scammers that are associated with Milton Hayward are John Hayward, Dave Basset, John Cannon, Mark Harvey, and Micheal Gellard.
  • noreply@support.com. This email address has been on tons of email scams from PayPal scams to top name banks.  You may have also seen this email address spelled differently like this no-reply@support.com  Ether way if you see this email address your likely looking at a scam.
  • update@support.com. Again, the same as the last one.  Just a different word used.
  • Createw8. This the name of an X-eBay user who was scamming people on eBay by claiming to sell them a product.  This user no longer exist on eBay but likely to have just changed their user name to something else once eBay caught on.  You can read more about this scam here.
  • notification@paypal-us.intl.com. This is another PayPal scam email address.  An email address from PayPal should say intl.paypal.com not this one.

Add A Name To The Scammers List

Above, I have tried to give you a few the known scammers that I have recently come across.  Now it’s your turn share your knowledge so we can turn in scammers and stop them from ripping off more people.   If you Think you’re at risk for identity theft? Get LifeLock from $9/month. Enroll now.

Chris

Updates

  • Recently a friend of mine, Steve, also mentioned to me that he had been scammed by an eBay seller and his eBay user ID is yorkxas and the email he used was dana.black51@yahoo.com.  If you come across this user stay away.

 

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How To Avoid Ebay Seller Scams

September 25, 2009 By 13 Comments

ebay_scamsRecently,  I came across a reader, Shelley, on my blog who had been ripped off on Ebay by someone pretending to sell a product to her.  You can read her comments here.

How She Was Scammed On eBay

This is a typical scam going around eBay.  The buyer in this case, Shelley, wanted to buy a dress for an upcoming wedding.  So she found one she liked one eBay through a seller named createw8.

The seller then drug her along until she made the payment of $141 and then poof just like that the seller entered the witness protection program not be seen or heard from again.

So Shelley talked to her bank and they told her she couldn’t get her money back because the seller was from overseas, China to be exact.  The purchase was even made through PayPal which even meant the payment would be protected in case of situations like this.

However, this did not happen.  EBay and PayPal were unable to help, though eBay has banded this seller from the site.  In fact, I tried looking for this seller on eBay and all I could find were a couple of dead end leads.

If the seller doesn’t ship the product you can usually file a dispute as long as you bought the product via PayPal which she did.  However in this case the seller strung her along till the 45 day dispute period was up and she could no longer file a dispute.  This meant she wasn’t going to get any help from eBay or PayPal.

Shelley has since filed a complaint with The Better Business Bureau hoping to see some light at the end of the tunnel.  To this day Shelley has not seen a dime of her money back.

Prevent An eBay Seller Scam

It’s unfortunate to hear what happened to Shelley.  So in this post I will be talking about some steps you can take to avoid an eBay seller scam the next time you are shopping on this popular auction site.

  1. Contact The Seller.  When buying a product on eBay make sure it is exactly what you want.  Contact the seller and ask him about the product if you have any doubts at all.
  2. Review Sellers Feedback.  Check the seller out thoroughly by checking all of their feedback.  Also look for how many positive and negative results they have had over the last three months.  Finally, make sure they have a lot of reviews as well, one or two isn’t enough.
  3. Make sure the purchase is protected.  Make sure the product is covered by the PayPal Buyer Protection Program. If you buy the product via PayPal you will most likely be covered.  You can read more about that here.
  4. Product Return Policy.  Make sure you can return the product for a full refund if it’s not exactly what you want.
  5. Search ebuster.  If your not sure if the person you are dealing with is a scammer or not check them out out on ebuster.  This site will tell you who the worst sellers and buyers on eBay.

What You Should Do When You Get Scammed By An eBay Seller

In Shelley’s case she did everything above, but what happens when you do everything to prevent this from happening and it does anyways.  Below are the steps you should follow if you don’t get what you paid for.

  1. File a dispute with PayPal.  As long as you bought the product with PayPal you can file a dispute with them.  However, if you did not you will not be able to pursue this route.  Last, you only have 45 days from the time you make the payment to file a dispute.  You can learn more and do that here.
  2. Escalate the dispute to a claim.  Once you file the dispute and you and the seller cannot agree on a price you will want to escalate the dispute to a claim.  However, you only have 20 days to do this or PayPal will throw out the dispute, and you can’t file for a claim till 7 days after a dispute.
  3. Provide Documentation.  Make sure you keep all of the receipts and seller conversations you have.  PayPal will need these to make a determination.  Also, if the value of the product you bought was less than $250 you can provide all documentation via email.  However, if it is more than that they may need to see physical copies of your receipts.

Where Should You Go From Here

At this point if everything else has failed you may have to take drastic measures.  In this section I am going to give you some ideas you can try so you can get your money back.

  1. Contact your bank. It’s always worth a shot, you never know what they’ll say.  They may be able to help you get your money back but like in Shelley’s case the bank would not help her because the business was located overseas.
  2. Contact the Better Business Bureau.  File a complaint with The Better Business Bureau.  This is an option however if the company is not located within Canada or the US you may not have much luck here.  The BBB can do a lot to help you but they can’t force a reply or administer  sanctions.  In Shelley’s case though the company was literally a ghost company which means it was entirely fake right down to the name of the person she was talking to on eBay.
  3. Pursue legal action.  You hate it to come to this but sometimes it’s necessary.  Again as in Shelley’s case this may not be possible as well because she’s fighting a ghost company that doesn’t exist.  You would also have to consider the cost involved as well.  Is it really worth fighting over $141 when you’ll blow that easily in lawyer fees.

Where Would You Go From Here

With all the ways I have mentioned, from taking measures to prevent this from happening to taking legal action you would think the systems we have in place would stop things like this from happening to people.  The sad reality is that it still does.

If you have any idea’s to help Shelley out with her situation feel free to leave a comment and share your ideas.  She would be grateful for your help.

Chris

This post was recently featured on the Money Hacks Carnival by The Military Finance Network.

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British National Lottery Scam Going Around

September 12, 2009 By 4 Comments

Sorry I haven’t posted in a while I’ve been busy with all sorts of projects and on top of that my wife is pregnant and due soon.  However I’ve come across another lottery scam as if there aren’t enough of those floating around these days.

This is called the British Lottery Scam and has recently been sneaking through my inbox.  How dare them.  Anyways, I thought I would point this scam out.  It seems that these scammers are up to their old tricks again.

Here is what the email read:

“White, Pamela J” <pamela-white@uiowa.edu> to Sep 10
British National Lottery,
Ref: UK/9420X2/68 Dear Selected winner,
This is to inform you that you have been selected for a cash Prize of 753,437.00GBP in cash from International programme held on the 30th of July 2009 in United Kingdom.You are advised to contact the verification department through our assigned claims agent by providing your Reference Number UK/9420X2/68.You are also advised to provide him with the underlisted information.
1.Name in full.2.Address in full.3.Age.4.Occupation:5.Phone No.6.mobile no
7.Winning Email Address 8.Country ASSIGNED CLAIMS AGENT: Mr. Garry Baldwin
Tel:+447031874347,+447031903483
Email:garry4baldwin7@live.com Yours Truly,
White Pamela
Online Co-ordinator

Now obviously this is a scam but for those of you knew to the world of the net though I would point out that if you don’t know the person who is sending you the email discard it immediately and you will save yourself all the hassle of getting caught up in this scam.

I should also mention that lottery scams are popular right now.  The Jamaican lottery scam has been hitting the U.S. hard, except in that scam they are calling you instead of emailing you.  The point I am making is if you never signed up for a lottery how can you be a winner.

You Can’t!

Sorry about being so blunt but it’s the truth, yet people everyday go to Western Union or their bank and send money to these scammers thinking they’ve struck it rich.  Nope, you’ve just been duped into a scammers plan.

My fear is that as people become more aware of these types of scams that the scammers will become even more desperate and instead using email or a phone call they may take more drastic measures.   In fact I’ve seen some of the tricks scammers will take to get your hard earned cash.

A Scammers Story

A few year back a scammer called a lady in are hometown in Midwest Ohio.  This lady was older and for scammers an easy target.  It started out as an innocent phone call from an individual telling this lady she had won a cash prize.

However, she needed to send some money in order to get the winnings.  However the lady mentioned she couldn’t make it to the bank because she was older and couldn’t drive anymore.  The man on the other side of the phone said in a pleasant voice that’s OK we’ll even send you a cab.

Now at this point it’s plain obvious that this is a scam, however the elderly lady fell for the scam and took the cab to the bank.  Thankfully, when she arrived at the bank and told one of the tellers of her situation they became suspicious right away.

Luckily, this elderly lady was not scammed but this is just a real life example that scammers will take to get their hands on your money.

Well that’s enough for today, back to the grind as I say.

Chris

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5 Ways To Identify A Make Money Online Scam

August 10, 2009 By 3 Comments

istock_000008591594xsmallSo your searching the net and you come across this website that clams you can make a fortune on the internet by just simply putting up a website and following their system.  You dig a little deeper and find out that you have to sign up for their program and that there will be a hefty fee to get involved.

Should you or shouldn’t you buy in?

Have you ever come across this situation before, some great money making idea on the internet but you wonder is it or isn’t a scam?  Today, I’m going to give 5 easy ways to identify a make money online scam.  Follow these simple tips and you won’t get burned again.

You Can Make Money Fast

They’re several ways to pinpoint a make money online scam but this is the easiest by far to pick out.  I’ve run three different businesses over my lifetime and I can honestly tell you I did not ever make money fast at any one of them.

So you might be thinking why do these internet scammers say you can make money fast?  In America we live in right now society.  We can’t wait for anything.  By saying you can make money fast it makes it sound as if you don’t have to put any effort into making money online.

I can tell you after my first grueling year of running my blog nothing has been fast or easy about it.  I’ve faced my ups and downs and after a year managed to make about $500.  The truth is running an online business isn’t any different than running an offline business.  You still have to put all the effort in, work hard and stay focused.

Making Huge Promises

Making huge promises goes along with the first tip I gave.  If the online site you are looking at is making outrageous promises chances are they really are.  I can usually pick these kinds of scams out real quick.

These sites usually claim they can get you thousands of visitors to your site in days.  The promises will almost be a bit to outrageous, however I’ve been noticing that the scammer have been doing a better job at making their sites  look more authentic.

The Scammer Doesn’t Use Their Own Product

This is a biggy.  If someone is claiming that their system for making money online is so great, why aren’t they using their own product?   If they’re not, it’s a pretty good guess that it’s nothing more than a scam.

So if the make money online scammers aren’t using it why are they selling it?  Pretty simple, the real money being made from their make money online scam is from selling the phony product.

So how do you tell if someone uses their own product?  You research them and look for clues.  For example, the few internet marketers that I follow all use their own system have a very successful following as a result of it.

Later this week I will be posting several bloggers and internet marketer I follow and why they are so successful in my opinion.  So watch for that post later this week.

The Make Money Online Scammers Can’t Teach You Anything

That’ right, the online scammers can’t teach you anything.  In fact, the scammers are more like pushy salesmen only looking for the next deal.  A good way to tell this is by looking at their site.  If all they have is sales page after sales page they just want you to buy.

However, before I can trust in any internet marketer I need them to prove themselves first.  They should be screaming with valuable content.  The best internet marketers and bloggers aren’t about the money, they prefer to give out great content and let their work speak for itself.

If the scammer can’t do this, walk away.

It’s All About The Money With The Scammers

Like I mentioned in the last tip the scammer are only interested in getting you to buy.  A good example of this is the survey scout review I did a few weeks back. With survey scout they only wanted me to sign up for their program right away, they promised big results like making big bucks fast, and didn’t teach nothing about their program.

In fact it looked very legit but once you got on the inside it was nothing more than an unethical scam.  The worse part about make money online scams is that they don’t care about you.  If you get taken by them who cares it just another day for them ripping people off.

I know that sounds kind of harsh but that’s the way these people think.

How Do You Identify Make Money Online Scams

What do you look for to identify these crooks?  Feel free to leave a comment and maybe you’ll save someone from falling for one of these terrible scams.

Chris

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