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How to avoid online fraud when trying to make money online

by Stefanina Hill

Created on: March 10, 2010   Last Updated: March 13, 2010

The internet has revolutionized the way people work, communicate and entertain themselves. The online world is a great place to make money but you do need to be aware of fraudsters. A well thought out approach and a good dose of common sense is all you need to navigate your way through the scams.

The vast majority of online scams are instantly recognisable. They offer a lot of money for little to no work. They present images of money or status symbols such as cars or luxury homes to entice people. There is little to no information given about how the business operates other than mentions of phrases like “money system” or “magic earning formula”. No legitimate business would ever describe themselves in this way, they don’t want to be associated with scams! For this reason 99% of scams are instantly recognisable.

If you find a site you want to earn with then your first action should be determine how you will be earning the money. Unlike a scam site a legitimate business opportunity will state in plain terms what work you have to do in order to earn. You need to then assess your skill level and available time and consider if you can do the work well enough to generate the earning level you wish for or require.

Once you have your eye on something you like the look of do some research. A great way to find out if there is a scam accusation against a site is to Google its name and the word “scam”. This will usually take you to any forum or blog posts which have been made to warn others about a site. For example if the company is called “fast money power” you would Google “fast money power scam”.

Bear in mind that just because one person gives you a bad review of a business doesn’t necessarily mean it’s not a heavily biased opinion. You don’t know the person giving the review and how reliable they are or if what they’re saying is true. Sometimes someone simply does not work hard enough at a venture to get paid or be successful and they then blame the company rather than themselves.

Check out the online portfolio of the person who gave a review. If someone has filled a site with low quality work and has a poor opinion of the earning potential while someone with good quality output recommends the site then it should be clear which review is more valuable.

Sometimes it’s not possible to be 100% sure and even well reputed sites can crumble. It’s important to provide against

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