Thursday, March 19, 2009

Is it time to buy shares in scam operations?

humorous scam website - phising scam posing as an offer for grant money

The Stimulus Scam


This is Age of the Scam. We tried honest business and look where that got us. So let’s try something a little different. If you can’t beat ‘um, join ‘um. No, it’s time to fight back!


The fight begins


I was at the Consumer Federation of America conference in Washington, DC last week, and I listened to consumer protection regulators speak about the current increases in financial and consumer scams. Listed below are some of the scams, some of the things these scammers will say to you and tips to avoid them.


The Get-A-Stimulus-Grant Scam


There is 787 billion dollars out there for the taking. Let us help you get your hands on some of this loot. Our fee includes getting your website up and running, offering advice (for a fee) on how to get government grants on everything from small business initiatives to paying off your son’s student loan debt.


We will show you how to bill unsuspecting consumers $70 a month on their credit cards for information they thought was free.


The Mortgage Foreclosure Consulting Scam


This one is a no-brainer. As the number of home foreclosures rise, so the business of Foreclosure Rescue leaps to the fore. Ignore the number of foreclosure rescue companies that have already been shut down and concentrate on the potential. ... click here to read the rest of the article titled "Beware: This is the Age of the Scam"

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