Home Based Business Scams

By: Joel Teo

Starting a home based business is easy to turn into a reality, but there are a lot of scams on the Internet along with the legitimate job offers. When you are researching home business opportunities it is important to remember that if something sounds too good to be true it probably is. You are not going to become a millionaire overnight by doing nothing, and if a company advertises that this will happen if you buy their course, it is normally a scam.

There is a scam through e-mail that offers a position working from your own home just acting as an account clerk or personal representative for a foreign individual or company. The e-mail tells you that all you have to do is cash checks and money orders that are made out to you, and send them ninety percent minus the transfer fees. The scam part comes when you find out the checks or money orders are either stolen or duplicates. By then it is too late, because you have already cashed them through your bank and you owe the money. The scam artists walk away with a big chunk of money and you are the only recourse the bank has to recover it.

Another scam concerning home businesses is websites that sell information that is freely availableon the Internet. These websites research all of the relevant information on the Internet and compile it into one file or e-book that they sell. Why pay money for something that you can find online for free? Save your money and spend a couple of hours researching what you need to know, instead of lining the pockets of scam artists.

The scams that are out there on the Internet are too numerous to name, but a smart researcher will be able to tell the scams from the authentic work at home business opportunities. True home business opportunities take time and effort to make a success of them. There are no get rich quick ways to run a home business, and any product or site that offers this is a definitive scam. Stay away from any scheme for a home business that wants you to cash checks or money orders for foreign entities, or that asks you to do anything that feels shady to you. Be prepared to invest the necessary time and effort into your home business to make it a success, and beware of any product that offers an easy way to get rich.

Copyright 2007 Joel Teo. All rights reserved.


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About the Author:
Joel Teo writes on various financial topics including Las Vegas Real Estate. Learn more about Las Vegas Real Estate Investing at http://www.realestateinvestment101.info