If you opened to read this article I believe you are aware of how the rate of fake businesses online is increasing daily, what if I tell you my ultimate secrete that will teach you how to check if an online business is a scam
Our society online today is desolate because of the increased rate of scamming, I see some people searching for how to scam people and collect their hard end money, guys are busy out there looking for ways to be a successful scammer
I tell you what if scamming should be a school legalized in Nigeria then it will have the highest population of students there is no doubts about that
But thank God you stumbled on this blog today to read my article because today I am going to tell you my number one hack on how to check if a company is genuine and won’t fall victim to scam again
the rate at which people are learning how to start scamming is very alarming and frustrating
While real hustlers are creating business opportunities for members to earn something and make living others are busy creating scamming businesses and defrauding people of their hard-earned money
I feel so sorry for unsuspecting innocent people who get scammed everyday so i was prompted to create awareness in this blog post
In our today’s article, I am going to share with you how to check if an online business is scam
the best ways to identify a scam business any time you see one so that you wont fall victim of all this get rich quick broke guys
But hey bros! chill first you are too eager to find out my secret, your blood dey hot lol..
Before i go forward let us understand some important concepts
What is Scam?
Scam is a fraudulent scheme performed by a dishonest individual, group, or company in an attempt to obtain money or something else of value.
Scams traditionally resided in confidence tricks, where an individual would misrepresent themselves as someone with skill or authority, i.e. a doctor, lawyer, investor.
After the internet became widely used, new forms of scams emerged such as lottery scams, scam baiting, email spoofing, phishing, or request for helps. These are considered to be email fraud.
The Cambridge Dictionary Simply defines Scam as An illegal plan for making money, especially one that involves tricking people
When you see a business that just pops up don’t just rush into it instead of take a while and study it to find out if its worth doing or not before you go into investing your hard-earned money
If it affiliate programs or any make money online sites, if you follow up my explanation you will learn how to check a company is legitimate
One Important thing I always tell my viewers, We all do business to favour both the clients and the members.
When any online business or company is made to favour only the business owners without giving many regards to the clients or members then we say it’s a scam
and when an online business portrays itself to favour just the clients without favouring the business owners or company then we also suspect it’s a scam because no one will spend and invest in a business that doesn’t pay or make monetary returns
Furthermore, I also say “Any online business promising more than they can afford is likely to be a scam
Nevertheless, Even if an online business or company is Paying, However, it doesn’t subject itself free from scam
If a business tends to enrich the company while subjecting the members to too much stress and getting peanuts in return, brother that one too na scam
because no client or member will love to invest in a business that will take too much of his time or we have him work all day and night and get peanuts in return
I think we all Know the Story of MMM just as much as we know the story of the creation of the earth by God, hope you remember? Oh Yes, that biblical story
MMM broke the hearts of most students and workers who invested their school fees, salary and house rent just to make get rich quick money.
Personally, I never joined MMM because I didn’t just understand how somebody will deposit money somewhere and get back double of what he deposited even Banks don’t do that
Scams can be difficult to recognise, but there are things you can look out for.
You can use our online scams helper to get advice that’s specific to your situation
A Business Will Also Be Scam If
- It seems too good to be true – for example, a holiday that’s much cheaper than you’d expect
- When someone you don’t know contacts you unexpectedly
- If you suspect you’re not dealing with a real company – for example, if there’s no postal address
- Mostly When you’ve been asked to transfer money quickly
- When You’ve been asked to pay in an unusual way – for example, by iTunes vouchers or through a transfer service like MoneyGram or Western Union
- If you’ve been asked to give away personal information like passwords or PINs
- You haven’t had written confirmation of what’s been agreed
How To Check If An Online Business is Scam
I know many may be asking how do I check out a company with CAC, Just follow my ultimate hack below
1. Double-Check The Domain Name
A lot of fraudulent websites will use a domain name that references a well-known brand or product name. But won’t be the official website.
You should also be cautious of domains that end with .net or .org, as they are rarely used for online shopping so may have been acquired by questionable organizations.
For Example a fake website domain could be FacebookNigeria.com while the original facebook Website is Facebook.com
2. Checkout The Pages Of The Website
Take a couple of minutes to double-check the site. Maybe visit the homepage or the About Us Pages and read the text there and see what they say about the business and its mission
You should also watch out for poor English, such as spelling and grammar mistakes, or phrases that don’t sound quite right.
It could mean the site isn’t genuine and was put together by someone looking to make a quick profit.
You should also check that the website Contact Us Page
Reputable and legitimate companies will always list ways to get in touch with them; if the website doesn’t have a Contact Us Page, it could well be fraudulent.
If the site does have Contact Us page but only offers a form to fill out, be wary as this could also be an indication of a dubious website.
Any company offering goods or services should list a place of business, as well as a phone number or email address through which to contact them.
3. The Appearance Of The Website
Come to think of it when you go to a shopping mall to buy electronics the one which is clean and looks new will attract more attention than the one which looks old and almost faulty
The same thing implies when it comes to identifying fraud business, you should check the design of the site very well before thinking of investing your time and money into it a website with poor theme/design
and has no much pages has nothing meaningful to offer, such a website is trivial and will result to fraud business
Imagine a website claiming to have paid millions to its members yet can maintain a good design, my dear when you come across such run for your dear life
4. Check The Returns Policy
If the company is selling a product online, it should have a shipping and returns policy listed on its website. If it’s a real company, it should tell you how and where to return a faulty item.
Does it offer realistic product descriptions and prices? Let your common sense and intuition be your guide. An offer that is “too good to be true” probably isn’t true, and should be approached sceptically
Check the Internet Archive to see how long the company has had an online presence. A website that is only a few weeks or a few months old may not be as reliable as one that has been in business for several years.
5. Checkout Reviews And Comments About The Website/Business
You should carry out Action research, stud and get reviews about the business or platform and know what people have said concerning the platform or business.
Thank God you stormed this site because here on legacytips.com i share info and make reviews about latest scam free businesses in Nigeria. You should also check the company’s social media pages for recent activity and to see what other people are posting on their social channels.
You can do a review check on blogs, Youtube and lots more
My Personal Encounter With Fake Websites
There was once this online business that makes got trending called Rackstelly, alot of people made way into it, tying to do get rich quick business. I had to go through the site and do some investigations
As I visited the site I had no option than to back my bag and baggage and run for my dear life as if my village people dey chase me for a dream
Here is the thing I found out, The important pages which I mentioned above are all missing th most annoying part of it is that the design of the site is nothing but just an eyesore (Very poor)
hence the business is not trustworthy despite i heared some people were able to successfully Withdraw from it
But hey one thing I was sure of is that the End is always Catastrophic
I have said this before and I am still saying again,
“Any business which tends to favour members without favouring the business owners are likely to be a scam because every business is set up with the sole aim of making a profit”
I was not surprised When Rackstely turned out to be a big scam
Its no doubt that most of these businesses are gotten online from social media, likely Facebook and WhatsApp.
In the same way, you discovered this business is the same way you will follow to expose it out, so if you come across any fake website the best
and quickest way to expose it is to share your experience on social media and inform your friends and loved ones so that they don’t fall, victims,
Protecting Yourself Online
There are things you can do to protect yourself from being scammed online
Some scammers try to get your personal information – for example, the name of your primary school or your National Insurance number.
They can use this information to hack your accounts. If you come across sites that ask for this type of information without an obvious reason, check they’re legitimate
If its a product you are buying online just ensure you are buying from the original website
- Read Also: How To Prevent Phishing Attacks On Computer And Blogsites
Conclusion: How To Check If An Online Business Is Scam
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Legacy Benjamin is an experienced content writer with a half-decade of experience in the field of blogging. He is also a skilled business consultant, providing valuable insights to companies and individuals seeking growth and success. His expertise lies in crafting compelling and engaging content that captivates audiences and drives business results. For business deals, contact him