Sunday, February 28, 2010

MONEY ON LINE SCAM

Internet world was full of opportunities to succeed or to be scammed. Either, you will profit or you will lose. You can never be sure what happen out there putting your money in danger. Investing is good but to whom you want to invest is the problem. You cannot be sure of their honesty to put your investment in safe hand.

Most of losses of investment is the failure of the buyer to know the person he is dealing with, its integrity and truthfulness of his offer. But most of the time, it just an empty promises of a huge profit. But you can avoid it if you open your mind, have more information of what you are entering into in the net. Never allow yourself to be defraud of something. Keep your eyes wide open.

Never entertain unsolicited e-mail. Most of these are spam mail. This is their introductory approach to know you and test your will. If at the end of their message allow you to opt-out then do the unsubscribing to end them sending another unwanted e-mails. This happened when someone passed your e-mail address to a third party without your knowing. If they distributed it more to another persons in their community, the more you will receive this spam mail in bulk.

Know the integrity of the seller. Check useful references in Better Business Bureau if his company was recorded there or know some particular complaints filed against him in their office. If he give you the name of the company, surf it in the net for you to be able gather additional information if this business entity is legitimate or not. Make it sure to know his company name,his name, address of his company and his telephone number. You can verify all of these if he really intend to have a business dealing with you. If he refused to divulge all this information for the pretext of security reasons then better disregard his offer. Always look for any danger signs of fraud.

A legitimate business entity and his owner is willing to share information to his buyer about himself to build up trust that a buyer wanted to be assured before making a deal. If you find out that it is legitimate, then search in the web for another companies who deal with similar products and compare their prices so that you will be guided to make a decision where to buy.

A danger signal will occur if a certain business entity reduces his price even more for the pretext of allowing you to have big profit from such a deal. If you resell it to another buyer and jack up the price, the more you have substantial return of investment. But beware, it may be a ploy.

If he will pressure you to buy without giving you time to decide then disregard the offer. It may not be a good business dealing. If he offer you a trial period of 30 days to test the items he send you, make it sure that you have no obligation whatsoever during the trial. That you can opt out to cancel the transaction before its expiry. Emphasize to him your term regarding the trial.

Before closing the deal ask him about the complete details of your transaction and his services, the cost of the product, any hidden fees or what is the treatment in case you pay it and then change your mind. Can you recover your money as refund especially if you are not satisfied with the quality of the product he sent to you.

It is at your advantage if he agree to your terms that you will only pay an advance payment of the ordered items. Tell him he can send the equivalent quantity of the product based on the advance payment you send to him. This will be your gauge to determine his honesty in dealing with you. If he is not true, he will not send any. At least your losses where only minimal if something wrong happen ahead of you.

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