Since online scam is not a joke at all and millions of people actually lose money online I decided to make this post on this sensitive issue and the ways how to avoid them, with the intention to try to help you that are reading right now. I will show you facts and statistics of online scams, the losses reported, their strategies with which they put people into traps and ways to avoid them – to not forget to mention the fact that I have been a victim of the same case, not once.
In a study made recently over reports on online frauds solely during 2017, the money loss of victims reaches over $90m. Investment scams lead on top of the list with over $30m reported losses on the same purpose, follows Romance and Dating sites with over $20 and Business and Employment makes its way in Top 3 – the latter with reported losses of over $5m. Let’s have a look on some of the most useful tips studies have shown how to recognize and protect ourselves and our loved ones from their harm.
One of the first thing that is supposed to catch your eye is a low standard, at times even appalling grammar used by a scam in their letters. If you think about it, then yes, it is funny how up to 95% of them have very inadequate written English as most of them come from either Asia or Africa; as we have the example of “Nigerian Scams” which is one of the most common scams US citizens fell a prey off during the year we left behind.
Overly superficial and official language rather than direct greeting, as well as enforced one makes a clear substandard of a scams quality on presentation, and that is a real sign you open your eyes and will surely get that feeling of ” something is wrong here”. Below, I invite you to have a look on the other ways scams work!
Real Logo Emails – Fake Company Names
As seen from the example above, scam companies use every kind of real logo inspired emails as a bait, deceiving people as their guess their are being contacted by the real company the logo actually represents. Depart from that their even try to convince their victims their are a real company because of their “real” logo, even though sometimes their use different company names.
I had a case where I got offered job from a scam company under the name of “IMC Netshopping Ltd.” – I underlined “Ltd” in purpose -you see? They try to make it look so real, don’t their. So it is very recommended especially nowadays where scams are spread all around, to search for more information about the company we are in contact with and be very cautious over whom we send our personal information and documents.
Fake calls and deceiving information provided
Fake agents calling and looking for “young blood” or “talent” pretending you already applied to his “company” in a way or another, calls without any answer which charge for every second the receiver hangs on or even calls as their call them “from the company” is not eye-opening nowadays. “Fake calls” as their are also known us, is something that happens almost every second of us.
Thousands of people lose money every year report fake-call fraud and money loss, which I feel deeply sorry just to write, but yes, from a few dollars to their life-savings. It is pretty hurtful just to hear about the cases, isn’t it.
Most of fake calls come from faraway countries like West-Africa. They start by offering you their “special” offer “just for you”. Don’t fall prey of that trap. We are not even supposed to talk to strangers. A lesson our mamas taught us, but one we will need ever-since.
Pay-day – Fake-day
There are 3 things you MUST NOT do when dealing with people or companies you don’t know very well.
- Before-hand payment – There is a massive possibility you can not get your money back when an online transaction is made, ESPECIALLY when not through card. There is a chance your personal bank will help you report the case and take the money back, and even that is not completely sure.
- Payment methods – Your responsibility for your own safety is to consider making payments with nothing else but cards. As mentioned above, by paying by card you have a bigger chance to bounce back, a percentage which is slightly lower with other payment methods, and none at using cash.
- Fake payment checks – extra-payment checks, fake paper and fraudulent foreign lottery winning are most common false payment check, very common; something not to be ignored, but make to search the internet before getting too excited or fall into the trap of another scam.If you have not been a victim of any online scam of any kind or you already are but want to save yourself from another one, keep your eyes open and search on people or companies you are working with or in contact – as it is highly unpredictable when the next attack will come toward us and none of us is safe.
For any issue or requirement or you simply want to share your story, I would love to hear from you!
Till then – Keep your eyes open.