What makes the process of looking for ways to make money online so daunting, is the number of scams that infest the space.
While making money online is a dream for everyone, scammers have become a stumbling block when it comes to finding these opportunities. As a result, it is critical to know the difference between a scam and a legitimate business so that you don’t waste time dealing with con artists.
This post will show you some essential pointers that indicate that an online money-making opportunity is a scam, and you should stay as far away from it as you can.
1.Pay upfront before you get the service/opportunity
Does this ring a bell? Because if you are looking for an online opportunity to make money, you have probably had a stranger or a scammer ask for your money before you even get the job. Most of them will term this payment as a “registration fee”.
If a company asks you to pay for registration to get a job, that is a red flag and should set your alarm bells off.
In some cases, an employer might ask you to purchase the equipment you need to get the job done, like a camera, a microphone, a computer, etc. In that case, that makes sense and should not be flagged as a sign of a scam.
However, this is subjective, and you should gauge the situation before making an informed decision.
2.The opportunity seems too good to be true.
If it sounds too good to be true, then think again. And question everything, even the most obvious thing; this will avoid any catastrophes ahead.
Most people will fall for these scams, not as a result of a lack of knowledge but because they let their rational selves be overcome by their greedy selves.
There is also an aspect of Fear Of Missing Out (FOMO) when faced with such opportunities. When making decisions, always sacrifice your emotions, and let your mind take the lead.
For instance, a company will promise to reward you a lot for less or nothing at all. Some commonly used perks include:
- No experience is required
- No skills are required
- No work is required
3.Hurry, we just have a few spots left.
What is the rush for? Is it a sprint? Maybe it is, and this might build up FOMO, and you might fall prey to a scam.
The company will rush you into deciding to join them, so that you do not have time to think through the decision and figure out that it is a scam. This is most of the time, tied to making payments for the registration and membership plans.
If a company or the employer rashes you into making a move, that should have your “scam” bell ringing.
4.Is the company or employer promising you unrealistic returns?
The perks that these companies offer are simply unrealistic and should be avoided. For example, they will promise to send back your money in folds if you make an investment.
I like to think of them as bored individuals who are just passing their time playing with your head on the internet.
Don’t be their victim!
5.They promise you free money.
Making money online will forever be ruled by two things; a skill and an informed investment. No one is going to pay you free money for doing nothing. So if a company or an individual is offering you free money, perhaps the devil is in the detail, and you should stay clear.
6.No referrals, No pay
Most scammers will tie your payment to the number of people you are supposed to refer to the platform. If you don’t hit the goal they have set for you, they will use it as an excuse not to pay you your money.
To motivate you, they will tie the referral program to some perks and rewards so that you get paid a certain amount of money for each member that you refer to the platform.
They will also tier up the referral program so that the members with many referrals get the most earnings; this is the infamous Ponzi scheme and should be noted.
Also, don’t be deceived by the popularity and publicity of such platforms; the referral perks motivate people to talk even more about them.
7.Look, here is the proof of payment!
Empty drums make the most noise. Why should someone try to prove that they will pay you? Is it not obvious that after work comes pay?
With the access of editing and design applications such as Photoshop and Canva just a click away, it is not out of the blue to see proofs of online payments flying all over the space.
While some screenshots may be fabricated, others are, in fact, honest proofs of payments. But you should not let your guard down, because they are just to serve as a convincing tool for you to join the platform.
8.Pay some fees for your payment to be processed.
Now, this is another doozy. It just does not make sense. If an employer is to send you a payment, does it not make sense for them to deduct the transaction fees from the amount they owe you, if the fee is necessary.
While this scam model looks unrealistic, some folks still fall for it. I hope that you are not one of them.
9.They are unprofessional
Online scammers generally do not abide by any form of work ethic. This is to be expected. After all, they are not professionals.
Some of the following show that a company or an employer is not as professional as they should be:
- They contact you at odd hours
- They do not reply to your complaints and criticisms
- They don’t use a professional language
- They message you using personal accounts and emails
- They use poor grammar
10.One more thing, would you send money for…
Online scammers will always find a way to make you pay more and more. They will make you pay even for the most absurd things that don’t make any sense.
To make you pay, they will term the payments with difficult words and jargon that will leave you confused and feeling less knowledgeable.
The rule of thumb is simple; don’t send your money to a stranger unless you exchange it for some value.
Online scammers will forever be driven by one motive; to get your hard-earned money into their pockets.
Fortunately, identifying online scams is not difficult at all. With the signs mentioned above, you can easily identify an online scammer and consequently stay clear of them.
While none of us is immune to these schemes, we all must perform our due diligence in avoiding them.
Be smart! Don’t fall prey to online scams.
With all that said, have you ever had an experience with an online scammer? How was it like? And what made you realize that you are talking to a scammer? Let’s have a conversation in the comment section down below!