How to Avoid Internet Home Business Scams
Creating a home internet business can be one of the best ways to make money. You can use technology to help you do this and there are unlimited topics and new markets to tap into. However, you need to be careful and avoid scams.
Scams to avoid
Buying and selling on the Internet can be a lucrative business, but it also comes with its own share of risks. One of the most common scams is the overpayment scam. In this scam, a buyer writes a check for a lower amount than the item was actually sold for. The buyer then asks for a wire transfer of the difference. The wire transfer is never received and the item is never paid for.
Another scam is called a phishing scam. It usually begins with an email that looks like it came from a legitimate company. It may ask the recipient to provide his or her password or other personal information. In addition, phishing scams often contain malware that can infect the computer of the recipient.
Another common scam is the “product not as described” scam. In this scam, the buyer writes a check for a product that is not actually in the box. The scammer then sends a fake Google Pay screenshot to the buyer. The scammer also tries to make the purchase appear real by using a Track and Trace program. It is important to ask the customer for delivery details to ensure the item was not a scam.
Another type of scam is the “friendly fraud” scam. In this scam, the scammer pretends to be a businessperson interested in buying your item. The scammer may also ask you to install software or buy unnecessary products. In addition, the scammer may try to impersonate a real person. It is important to never give out personal information such as your social security number.
Finally, a scam can also occur if the buyer asks you to write a check for a higher amount than the item was sold for. This is a classic overpayment scam that has been around for years. However, this scam has recently taken the internet by storm.
Avoid these scams by using secure e-payment options, such as PayPal or Google Wallet. You should also check the quality of the item from your supplier before you receive it. It is also important to check the delivery date and time so you know when the product will arrive.