Beware Of Advance Fee Scams
A scam advance-fee scam or Ponzi scheme is one of the many forms of fraud on the Internet. An advance-fee-only scam is one in which a person asks for money upfront for services that are rendered later on, without ever providing the actual service. In these schemes, people will receive an email or phone call from a salesperson claiming that he has found a product or service that they need, but that they will only get if they pay the advance-fee.
An advance fee scam scam typically includes offering a large amount of money upfront as an initial payment for a small percentage of the total amount to be paid at the end. The scam usually involves promising the victim of some sort of large percentage of cash, which the scammer takes in exchange for a small upfront payment, which the scammer requires in order to gain access to the big amount. After the large amount of cash is obtained, the scammer disappears with the remaining money to some other location.
There are a number of ways that advance fee scams operate, including by making false claims of getting free products or services, or by not delivering the promised services. If you are asked for money up front for services that you have not received, it is important to first check out the company’s reputation and make sure that it is reliable and legitimate.
Another common type of advance fee scams is the “pyramid scheme.” These schemes involve getting people to sign up with a company with the promise of receiving regular payments from a group leader. The money paid is often of little value, and people may be duped into investing large sums of money in something that does not actually exist. It is possible to find scams on this type of scheme by conducting a simple online search. You should be cautious of scams that are advertised on websites and blogs that promise a lot of free information.
To avoid scams, it is advisable to stay away from any company that makes outlandish claims about having free gifts, money, and products on hand. If you find yourself involved in such an arrangement, do not pay any fees until you receive the promised items and not receive them. This is very important when dealing with any type of scam.
Some companies, however, make their money with advertising and marketing, so they advertise a free trial program that will help you decide if the business is worth pursuing. Once you sign up for their free trial, the scammer will contact you asking for payment upfront. because they need the money in order to promote the company.