The scams tag has no wiki summary.
3
votes
1answer
76 views
Do I have to pay the Internal Revenue Service in West Africa in order to transfer a government check from West Africa to a US bank account?
If you have a government check from West Africa and want to transfer the money to a United States bank, do you have to pay the Internal Revenue Service in West Africa before you can transfer you money ...
6
votes
2answers
136 views
How to find out if a company is legit?
I'm from Sweden and considering opening a "Internet" company on Cyprus with a (valid EU VAT number), because of better tax benefits compared to Sweden and the UK (where I have other companies).
I've ...
8
votes
1answer
152 views
Indicators a stock is part of a pump and dump scheme?
What are the indicators that a stock is currently being pumped for a later dump? If one were watching the market what would they need to look for in order to identify a stock as a victim of pump and ...
3
votes
1answer
54 views
How do online referal systems work?
There are sites on the internet which promise to pay money for just referring traffic.
How trustworthy these are and what are their sources of income?
Are these sites worthwhile to consider for ...
2
votes
3answers
145 views
How can I tell if a forex signaling service is legitimate?
I hope this question is within the scope of this site.
We are considering using a signaling service. Is there a way to know if an internet site is a legitimate service or just a fraud? In particular ...
9
votes
1answer
278 views
Is this reply promising a money order and cashier check a scam?
Lately, I have been tied up with my moving soon, among others. I got a reply from my ad for moving sale at craigslist, the author of which claims to be currently living on the other side of Atlantic ...
4
votes
5answers
332 views
What is a good way to keep track of your credit card transactions, to reduce likelihood of fraud?
I hear of scams where people take your credit card number and then just occasionally take out $20 here and there. On your statement it'll just look like something innocent to make it look like a trip ...
4
votes
1answer
573 views
“Debt Settlement Order” Text Spams – How do they work?
Apologies if this is too off-topic. This seemed like the closest-fit SE site for this
A lot of people will have at some point received a spam text offering some sort of help via a debt settlement ...
11
votes
8answers
244 views
What warnings would you tell a friend about to enter a multi-level marketing (MLM) business venture?
Imagine you had a friend who was about to join a multi-level marketing (MLM) business, despite your advice to the contrary. Another friend or family member had already convinced them the opportunity ...
14
votes
8answers
2k views
Why is the fractional-reserve banking not a Ponzi scheme?
Operating a Ponzi scheme is a crime which I suppose has some sort of definition in the penal code or criminal law. It is a fraudulent investment operation that pays returns to separate investors from ...
20
votes
3answers
7k views
Is the “Bank on Yourself” a legitimate investment strategy, or a scam?
There seem to be a lot of advertisements by "Bank on Yourself", promising to show how you can invest in a certain type of life insurance policy. Is this really a legitimate investment strategy, or ...
7
votes
3answers
167 views
Is there a website that lists the latest financial scams, similar to Snopes.com for urban legends?
It strikes me that if we, as a worldwide or nationwide community had a repository into which we could list our negative experiences or fraud, we could alert others in advance of them themselves ...
8
votes
3answers
235 views
What are the most common types of financial scams to look out for, as an individual investor?
We've probably all heard of the Ponzi Scheme, made famous first by Charles Ponzi and most recently by Bernie Madoff:
In March 2009, Madoff pleaded guilty
to 11 felonies and admitted to turning
...
