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Thursday, April 5, 2012

Top 3 Scams you need to be aware of

Considering the extensive use of the Internet and how the Internet community is being troubled by online scams, it is only prudent that we take closer look at the most vicious scams to put a lid on them. Each of these scams operates differently and has different motives making it difficult to wipe them out completely, but better information about them can help you prevent them from penetrating your space.
1.    Nigerian 419:
It is a perennial number one dubious for duping people into believing that they will get a share of money that scammers claim is trapped in some country. They may contact you through emails and ask for money and bank account details to transfer the money. If you get deceived, they will rip off your money and then disappear.

2.    PayPal:
In the urgency to do away with an unessential item, people fall for this scam. The buyer usually is a scammer who not only shows keen interest on the item, but is willing to pay more than the asking price. He is mostly from a foreign country and may hold a fake PayPal account or not at all, which for the seller’s distress comes to light only after the item has been delivered.
3.    Free Trial:
Free trial version of a product to save money? Think again, because this scam ensures you end up paying much more than even the full version of the product. The scam begins with users not cancelling the trial version as cancellation notice is mentioned in an obscure fashion to avoid their notice. They are then billed on a monthly cycle. There is also the danger that they may misuse your banking information you shared with them.


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