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2006-08-18 03:24:32 · 3 answers · asked by T R 1 in Business & Finance Personal Finance

3 answers

There are simply a lot of unreliable, underhanded schemes on the Net. Be wary. If you begin to question, let your instincts rule and avoid the scam.

2006-08-18 04:26:17 · answer #1 · answered by Dawk 7 · 36 0

there are many scams operating on the net and one needs to be careful and not get scammed!

Some widely used resources for checking them are the Better Business Bureau (www.bbb.org) and the national fraud center (www.fraud.org).

These days, you can easily find out more about a company using the Internet in a few minutes. From a company's website, you can get details about its ownership, how old the company really is and feedback from the company's customers.

You can find more detailed information about a company at

http://tinyurl.com/gtb89

all the best :)

2006-08-20 05:33:36 · answer #2 · answered by Anonymous · 0 0

This is your basic ponzi (pyramid scam).

The money goes to the person who started it. Here is an explaination of how it works:

http://www.crimes-of-persuasion.com/Crimes/InPerson/MajorPerson/ponzi.htm

Hope this helps!

2006-08-18 12:05:15 · answer #3 · answered by extremenerd 7 · 0 1

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