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Top Scammers' Tricks

Following a good tradition (or, rather genre of journalism or analytics) of creating various TOPs, we decided to make a list of the most popular tricks of on-line scammers. If you will pay much attention to these tricks, you are sure to prolong the living of your deposits. Just to note that this TOP represents the popularity of the tricks arbitrarily, regardless of the numeration.

1. Registration in one of offshore zones.

This registration doesn’t have a crucial meaning, having been purchased for foxed amount of money. In addition, administration often doesn’t bother itself with showing the document or just places the fake on the site.

2. Address legal address.

We often ask if we can attend the company’s office after seeing address indicated on the site. The answer is always NO, and the reason is as follows: “this is just a legal address” or "virtual address" like PO Box.

Sometimes they say: the office is open at the nearest future. But just a simple checkout via search engine gives a clear answer: this address DOESN’T EXIST. I don’t remember anyone has attended the program’s office or met with the program’s administrator. But this “address” trick looks convincing, doesn’t it?

3. "Reports" about trading (or any other) work.

An average secretary can make a thousand of such reports. Of course, it looks reliable and I don’t argue that existence of such statistics is an advantage. But if this statistics is uncofirmed - it’s just an advantage, and it cannot be regarded as the evidence of something positive.

4. Telephone.

Nowadays it is not hard to puchase the mobile phone number or VOIP number remotely. Even when a real phone support service exists, it doesn’t have a significant meaning, actually. There can be just one person sitting home somethere in Thailand and asnwering calls via Skype. But many people consider the telephone number to be sign of the real company with the real office. This trick is placed in this list not in vain. And the frequent case is the number doesn’t mean a real persone behind it - just a fax buzzer :)

5. Reinvesting in HYIP.

This is the trick, which, as long as the others, for instance, "purchasing the fur of African sheep and reselling it in the South America”, serves as the mean for convincing investors that the investment project is aware of the secret of getting success: and one of the pledges of this success in reinvesting in HYIP.

Nonsense! This is a distortion of reality. You invest in HYIP to receive a profit from HYIP by means of STABLE PROFIT? In general, I won’t go in details. WE all know what HYIP is. Reinvesting can be only in those cases when the subject is the pools, needed to overcome a sizeable minimum of those programs in which these pools are investing in.

6. "200% within three days" Promotion.

Complexity of justifying this trick is that such promotion is possible only in case of creating a pyramid, and if administrator openly states that this is gambling, and that you risk losing your money, then you may try your chance. In all other cases you just lose your money, but unexpectedly :)

7. Increasing Interests.

Of course, such marketing strategy is a defensible step. Hardly any person will argue that the fight for the client is an important element of market researches. But the issue is the investments, that bring success today, but may bring fail tomorrow as well. It’s silly to think that the matter is over and you’re rolling in money. In any case, all the program offering it, disappeared …)

8. Using fake testimonials.

Using fake testimonials from satisfied investors to reinforce the impression that the scam offer is genuine - this exploits people's normal tendency to follow the crowd and helps to validate what is being offered.

This seems to be the end. The space and our attention are not endless, unfortunately. So we won’t misuse them. We hope to continue the list of the most popular methods of scammers to make you safe. Be careful.

By Eric Marriam, Vlad