What is a Scam?
A scam is an unethical scheme that aims to snag away other people’s hard-earned money through various different tactics
With each passing year, technology is upgrading, and with upgraded technology come new schemes from scammers.
However, one may argue that as technology and modernization are taking place, why do people feel the need to scam others?
Report Online scams:
Generally, fraudsters tend to scam because of their greedy nature for money. For years scammers have been frequently referred to as ‘the lowest of the low.”
Scammers are unfair people who have no honor and respect for the money and respect someone has gained through their hard work.
Scammers also do not have any skills such as technological skills, content writing skills, teaching skills, and so on. This leaves them with no other way to earn cheap money but by scamming others.
Here We Will Talk About The Different Ways Scammers Can Scam An Individual:
Covid 19 scams:
You can be the target of scams during the COVID-19 epidemic. They may contact you by social media, text, phone, email, or mail.
Keep your identity and money safe. Don’t provide private information like your date of birth, Social Security number, or bank account number. Understand the many coronavirus scams and how to spot and report them.
Banking scams revolve around how scammers and con-artists get you to share your bank account’s number. Once they access your bank account, all your money is taken away from you. So do not ever give anyone your bank account’s pin code, no matter the reason.
Scammers that call you attempt to steal your money or personal data. Scams can be delivered by text messages, robocalls, or real-person phone calls.
Callers frequently make false promises, including chances to invest your money, buy things, or get free product trials.
Additionally, they could provide you with money via unrestricted grants and lotteries. If you don’t pay them, some con artists may phone and threaten you with jail time or legal action.
Government grant con artists attempt to take advantage of you by promising you a subsidy for expenses like tuition or house maintenance.
They need the details of your bank account. They promise to “transfer the fundings into your account” or to take out a “one-time processing charge” with it.
In fact, handouts from the government are rarely given to people. They frequently visit colleges, local and state governments, and other institutions.
The funding is given in order to support public-benefitting initiatives and research.
Investment scams are quite understandable through their name. These scams are usually done by scammers who disguise themselves as well-known businessmen or famous celebrities. These scammers then ask you to invest and give you a bank account to ‘submit’ your investment in.
Once you have invested, these scammers vanish and delete any and every conversation with their victim.
Prize fraudsters use phony lotteries, sweepstakes, and other competitions to attempt to steal your hard-earned finance or personal information.
Many say that in order to receive your prize, you must pay a charge. Others want you to provide personal data in order to participate in a “contest.”
You may receive these phishing emails, texts, phone calls, robocalls, postal letters, or emails.
Some con artists create fictitious organizations to profit from people’s kindness. They particularly profit from misfortunes and catastrophes.
These sorts of scammers are by far the lowest and most degraded scammers as they take advantage of tragedies that other people have been victims of.
Pyramid schemes are frauds that require a steady stream of new members to remain active. They are promoted as legitimate enterprises or multi-level marketing schemes.
They provide “earnings” to participants who stick around longer using the “investments” of fresh recruits.
It collapses when a pyramid scheme can’t bring in enough new investors to cover payments to previous investors. It is mathematically certain that these schemes will never succeed.
A particular kind of investment fraud is a Ponzi scheme. Utilize this knowledge to recognize, report, and defend yourself from this kind of fraud.
When a con artist utilizes tickets as bait to take your money, it is called a ticket-selling scam. The con artist typically offers bogus tickets for sale, or you pay for a ticket but never get it. When major concerts, plays, and athletic events sell out of tickets, they are frequent occurrences.
Now that you’re aware of the different types of scams make sure you do not fall victim by understanding the greedy minds of scammers.
Do not share personal information on random phone calls or any other platform for that matter.
However, let us say that you have indeed been unfortunately scammed. What do you do now?
Your first option is the police, but with the burden, the local police are already into, your scam story may not be their priority.
Now what you can do is report a scammer online.
Websites To Visit If You Become A Scam Victim:
Here are some websites we recommend you visit and complain to if you get scammed in any way:
We recommend you ask for these business services to track down your scammer and take back what was rightfully yours to begin with.
The internet in modern times can never be trusted because of how many hackers and scammers have taken over it.
So by using the websites we have recommended and looking out for the types of scams we have emphasized, kindly save yourself the trouble of becoming another victim of these con-artists looking for some cheap money at the cost of the hard work every private individual does.
Ensure you note down your scammer’s service number after being scammed, as these websites use that service number to track down the scammer.