Scams, Gambling & Investments: How To Spot The Difference

The internet is a wonderful source of information – both good and bad. It’s also a playground of profitable possibilities for would-be and seasoned shysters and scam artists. Apart from pornography, one of the most prevalent types of content one can find on the web is in the moneymaking category. And I guess,er https://i9bet.trading/ like sex, money has universal appeal!

 

The starting point in getting to grips with this reality is to realise greed plays a big part in human nature. Sorry to be so blunt, but it seems we’re wired for it. You see this played out over and over – whether it’s men and women battling each other to grab the best garments in a crazy sale, or crazy people queuing up to get financially fleeced in some hair-brained pyramid money game. The motivation is the same. Something for nothing – or almost nothing. And that desire is fueled by greed.

If you can accept you may have a built-in propensity to seek the easy route, to get your hands on easy money – and factor that into your decision making – then you will be in a much better position to more rationally appraise various moneymaking opportunities.

There are two main generic scams continually circulating on the internet. One is the “advance fee” scam, and the other is the “Ponzi” or pyramid scheme. The first is epitomised by the “Nigerian Letter” fraud – which is essentially a promise of big bucks in exchange for processing fees to retrieve the money. This often involves receiving an email announcing you have either inherited or won a lot of money, and that you need to open an offshore bank account to retrieve it. The strategy is to suck you into the scenario to such an extent that you become emotionally wedded to it. Then, when you are asked to put up a fee to make things happen, you are already hooked and part with your cash without a whimper. The promoters then disappear with your cash, never to be seen again.