Making Money Through Online Scams

Making money through online scams have become a lucrative field over the last few years. Sure, you are cheating someone out of their money, but as they say, all’s fair in business isn’t it? If you’re stupid enough to fall for it, you deserve to lose your money.

A good way to scam people out of their money is by offering fake products that promise to do wonders but do nothing really. We all get spam from people claiming to make your penis a couple of inches bigger, but do you think it really works? Yes, if you use a magnifying glass it does. But then, there are people desperate enough out there who WILL pay a fortune to pay for this penis enlargement technique. All you need here is a good looking advertisement, and a subscription to a daily mailing list that will send your advertisement to thousands of people daily.

Another way of Bad People make money through online scams is through content creation. Say you take an order for 100 articles on various niche’s from a client. You pass on this work to two more people A and B (through the internet), promising them payment after they hand over the articles. Say you get paid $5 per article. You get the articles, get the payment from the client, and then block A and B from talking to you. That’s a cool $500 you made by doing no work at all. It’s their fault they didn’t ask for an advance, isn’t it?

I have experience from people who make money from online scams technique. I have lost about $305 by that scammers from selling Domains. This bad thing happen to at Digital Point Forums. Here are the process of their scam:

1. Scammers make fake or new account in digital Point Forum, then start to find their new Victim.

2. They find a thread which interesting to them and they really want to get the products but do not want to lost their Money.

3. Usually Selling in DP Forum using Auction System with some amount of BIN (Buy it Now) price.

4. They Immediately place the BIN price and start sending Private Message to the Seller.

5. Then they tell you that they need quick process of the transactions, they need all of the process done in same day.

6. So they pay you fast for the Domains, and contact you again to Transfer or push the domains to their Godaddy account (in this case I sell domains on Godaddy) at same day too.

7. After They Got the Domains, they Start filled Dispute in Paypal, they tell paypal that there is UnAuthorized action to their Paypal account.

8. And what is the really best bad thing is paypal will never help Seller. They always in Buyer side, because they always get money from Buyer not Seller

9. Another bad thing is Godaddy will not help you too for this situation, because we use third party process on buying or selling domain not using their own Domain buy/sell, so You will not covered too by Godaddy.

10. So the result are I Lost The valuable Domains and Lost My Money too (Lost about $305).

Please read the full Discussion of this Online Scam here:

Totally Scammed!!I Got Dispute from Domain Buyer! Help Me!

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2 Responses to “Making Money Through Online Scams”

Make Money Online With Paid Surveys | Tips for Moms Says:
October 12th, 2009 at 5:33 am
[...] A site called TopSurveySites will give you a good head start, providing you with Paid Survey Reviews for the best Online Paid Surveys available. All the sites listed are entirely free to join. However, keep in mind to never join a site which requires a credit card to sign up – it’s probably an online scam. [...]
Supplemental Income Advocate Says:
November 16th, 2009 at 4:23 pm
With more people opting to earn money from the comforts of their own homes, you have to be careful as online frauds are scattered around. You need to detect work at home scams, since you might be wasting your effort and time on nothing.

Before joining any money making schemes do research on the company and try to check on how long the company has been in the business.

Do not fall prey on these work at home scams. Keep an eye out for these signs, and if you detect one, report it to the proper authorities right away. You not only need to protect yourself, you need to protect others as well.