If you opened to read this article, I believe you are aware of how the rate of fake businesses online is increasing daily; what if I tell you my ultimate secrete that will teach you how to check if an online business is a scam.
This is the Updated and working trick to Identify Scam Online Business 2021.
Today’s society is desolate because of the increased scamming rate; I see some people searching for how to scam people and collect their hard end money; guys are busy out there looking for ways to be successful scammer.
I tell you, what if scamming should be a school legalized in Nigeria, then it will have the highest population of students? There are no doubts about that.
But thank God you stumbled on this blog today to read my article because today I am going to tell you my number one hack on how to check if a company is genuine and won’t fall victim to scam again
the rate at which people are learning how to start scamming is very alarming and frustrating.
While real hustlers create business opportunities for members to earn something and make a living, others are busy creating scamming businesses and defrauding people of their hard-earned money.
I feel so sorry for unsuspecting innocent people who get scammed every day, so I was prompted to create awareness in this blog post.
In our today’s article, I will share with you how to check if an online business is a scam.
The best ways to identify a scam business any time you see one so that you won’t fall victim to all these get rich quick broke guys.
What is a Scam?
A scam is a fraudulent scheme performed by a dishonest individual, group, or company to obtain money or something else of value.
Scams traditionally resided in confidence tricks, where an individual would misrepresent themselves as someone with skill or authority, i.e., a doctor, lawyer, investor.
After the internet became widely used, new forms of scams emerged, such as lottery scams, scam baiting, email spoofing, phishing, or request. These are considered to be email fraud.
The Cambridge Dictionary defines a Scam as An illegal plan for making money, especially one that involves tricking people.
When you see a business that pops up, don’t rush into it; instead of taking a while and study it to find out if it’s worth doing or not before you go into investing your hard-earned money.
If it’s an affiliate program or any make online money sites, if you follow up on my explanation, you will learn how to check a company is legitimate.
One Important thing I always tell my viewers is that we all do business to favor both the clients and the members.
When any online business or company is made to favor only the business owners without giving many regards to the clients or members, then we say it’s a scam, and when an online business portrays itself to favor just the clients without favoring the business owners or company, then we also suspect it’s a scam because no one will spend and invest in a business that doesn’t pay or make monetary returns.
Furthermore, I also say, “Any online business promising more than they can afford likely to be a scam.
Nevertheless, Even if an online business or company is Paying, it doesn’t subject itself to scam.
If a business tends to enrich the company while subjecting the members to too much stress and getting peanuts in return, brother that one too na scam.
No client or member will love to invest in a business that will take too much of his time or have him work all day and night and get peanuts in return.
I think we all Know the Story of MMM just as much as we know the story of the creation of the earth by God; I hope you remember? Oh, Yes, that biblical story.
MMM broke the hearts of most students and workers who invested their school fees, salary, and house rent to make get rich quick money.
I never joined MMM because I didn’t just understand how somebody would deposit money somewhere and get back double what he deposited. Even Banks don’t do that.
Scams can be difficult to recognize, but there are things you can look out for.
You can use our online scams helper to get advice that’s specific to your situation.
A Business Will Also Be Scam If
- It seems too good to be true – for example, a holiday that’s much cheaper than you’d expect
- When someone you don’t know contacts you unexpectedly
- If you suspect you’re not dealing with a real company – for example, if there’s no postal address
- Mostly When you’ve been asked to transfer money quickly
- When You’ve been asked to pay unusually – for example, by iTunes vouchers or through a transfer service like MoneyGram or Western Union
- If you’ve been asked to give away personal information like passwords or PINs
- You haven’t had written confirmation of what’s been agreed
I know many may be asking how do I check out a company with CAC; follow my ultimate hack below
1. Double-Check The Domain Name
A lot of fraudulent websites will use a domain name that references a well-known brand or product name. But it won’t be the official website.
It would help if you also were cautious of domains that end with .net or .org, as they are rarely used for online shopping so that they may have been acquired by questionable organizations.
For example, a fake website domain could be FacebookNigeria.com, while the original facebook Website is Facebook.com.
2. Checkout The Pages Of The Website
Take a couple of minutes to double-check the site. Maybe visit the homepage or the About Us Pages and read the text there and see what they say about the business and its mission.
It would help if you also watched out for poor English, such as spelling and grammar mistakes or phrases that don’t sound quite right.
It could mean the site isn’t genuine and was put together by someone looking to make a quick profit.
You should also check that the website Contact Us Page
Reputable and legitimate companies will always list ways to get in touch with them; if the website doesn’t have a Contact Us Page, it could be fraudulent.
If the site does have Contact Us page but only offers a form to fill out, be wary as this could also be an indication of a dubious website.
Any company offering goods or services should list a place of business, as well as a phone number or email address through which to contact them.
3. The Appearance Of The Website
Come to think of it when you go to a shopping mall to buy electronics, the one which is clean and looks new will attract more attention than the one which looks old and almost faulty.
The same thing implies when it comes to identifying fraud business, you should check the design of the site very well before thinking of investing your time and money into it a website with a poor theme/design
and has no many pages has nothing meaningful to offer, such a website is trivial and will result in the fraud business
Imagine a website claiming to have paid millions to its members yet can maintain a good design, my dear, when you come across such run for your dear life
4. Check The Returns Policy
If the company is selling a product online, it should have a shipping and returns policy listed on its website. If it’s a real company, it should tell you how and where to return a faulty item.
Does it offer realistic product descriptions and prices? Let your common sense and intuition be your guide.
An offer that is “too good to be true” probably isn’t true and should be approached
Check the Internet Archive to see how long the company has had an online presence. A website that is only a few weeks or a few months old may not be as reliable as one that has been in business for several years.
5. Checkout Reviews And Comments About The Website/Business
You should carry out Action research, stud and get reviews about the business or platform and know what people have said concerning the platform or business.
My Personal Encounter With Fake Websites
Once this online business made got trending, a lot of people made their way into it, trying to get rich quick business.
I had to go through the site and do some investigations
As I visited the site, I had no option than to back my bag and baggage and run for my dear life as if my village people dey chase me for a dream
Here is the thing I found out; the important pages which I mentioned above are all missing. The most annoying part of it is that the design of the site is nothing but just an eyesore (Very poor).
Hence the business is not trustworthy, although I heard some people were able.
to Withdraw from it successfully
But hey, one thing I was sure of is that the End is always Catastrophic
I have said this before, and I am still saying again,
“Any business which tends to favor members without favoring the business owners are likely to be a scam because every business is set up with the sole aim of making a profit”
I was not surprised When Rackstely turned out to be a big scam
Its no doubt that most of these businesses are gotten online from social media, likely Facebook and WhatsApp.
In the same way, you discovered this business is the same way you will follow to expose it out, so if you come across any fake website, the best
and quickest way to expose it is to share your experience on social media and inform your friends and loved ones so that they don’t fall, victims,
Protecting Yourself Online
There are things you can do to protect yourself from being scammed online.
Some scammers try to get your personal information – for example, the name of your primary school or your National Insurance number.
They can use this information to hack your accounts. If you come across sites that ask for this type of information without an obvious reason, check they’re legitimate.
If its a product you are buying online, ensure you are buying from the original website
Conclusion: How To Check If An Online Business Is Scam
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