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FraudTech   Dedicated To Beating The Cons At Their Own Game

Internet Fraud

 
 
INTERNET FRAUD ON THE RISE
According to the Internet Fraud Complaint Center, Internet fraud resulted in monetary losses totaling $54 million in 2002.  This is more than three times the amount reported in 2001.  Auction fraud remains in the number one spot with losses estimated at $ 17 million.

THE TEN U.S. ONLINE FRAUD CATEGORIES

46.1%       Auction
31.3%      
Non-delivery of ordered merchandise
11.6%      
Nigerian Scam Letter
 1.5 %      
Credit and Debit card scams
  1.3%      
Confidence Schemes
  1.1%     
 Investment Scams
  1.0%      
Business related  scams
  0.5%      
Identity Theft
  0.4%      
Check scheme
  0.1%      
Communication scam
  5.9%      
Other

The increase in Internet scams should come as no surprise. With more users comes more con artists willing to take advantage of our laziness and willingness to place trust in anyone who comes along.  Living in an age where information on any topic imaginable is readily available leaves no room for excuses.  If you were to plug-in any of the topics listed above into a search engine, you will find an endless array of facts,  information, and warnings on each of them.  Complaining after we've been duped about how the government, the police, or Internet service providers should be doing more to protect us from what should be obvious scams in progress does nothing to correct the problem. 

We have a multitude of gullible, uninformed, and reckless people who are willing to believe almost anything that others say.   Need proof ?  Then consider any one of the thousands of Nigerian Letter Scams now in use.  If you choose to believe that by some mysterious act of Divine intervention that a foreign dignitary suddenly wants to share their wealth with you, then believe what you want.  Just don't expect pity from others when you get taken for a ride.  Had you invested three minutes of your time to check into the outrageous claims of your foreign benefactor, you would have discovered any one of the endless documents exposing this activity as a blatant scam.  But , you might protest, FraudTech has said elsewhere on this site that no one is immune to fraud, so why the sudden attack on the victims?

Yes, it's true that none of us is immune to one or more of the countless frauds, scams, and schemes now in use.  And yes, there are times when we are suddenly caught off guard and find ourselves in the midst of a fast paced con game.  Then, too, there are numerous other times, especially with Internet scams, where we have ample time and resources available to us, any of which provides sensible advice and protection.  And yet we refuse to use them. Why?

THINKING IS NOT AN OPTION--IT'S A NECESSITY

Rudolph Flesch, author of The Art Of Clear Thinking, commented on the tendency we have towards ignoring the obvious.  He said that,

"[I]n a sense we all know what to do about our problems and how to make well reasoned decisions, but we don't. We could improve our personal finances by budgeting, but we don't budget; we could improve our careers by studying, but we don't study; we could improve our health by dieting, but we don't diet.  Information is piled high in our lives' archives, but we don't use it.  Thinking is too hard.

Flesch goes on to note that,

"[w]e tend to treat thinking as being impractical, unrealistic, long hair stuff, that doesn't work.  The practical thing is to go ahead, without thinking, leaving things the way they have always been, doing what everybody else has always done.  Never mind the rational approach; the irrational way is familiar and so much nicer and easier.

This is why, despite all evidence to the contrary, thousands of people insist on believing there is an easy  way to make untold wealth by participating in the Internet work at home opportunities.  It's far easier to believe you can avoid anything that resembles hard work in favor of easy income.  Then. too, if you want to believe that complete strangers are better equipped to solve all of life's many problems, then consult an on-line psychic, astrologer, clairvoyant or any other con artist who claims to hold powers otherwise unavailable to the masses.  In so doing, always keep in mind that you do have choices. 

The point, here, is simple.  Whatever your beliefs, weaknesses, or wishes, there is no shortage of unconscionable con artists who are--for a price--willing to tell you what you want to hear.  Since I refuse to deceive any of my visitors there will be times when you won’t like what I have to say.  And that’s okay.  If you disagree, it means you had to stop and think about what was said and come up with an opinion of your own.  Whenever such occurs, notice how painless it was to use such independent thinking and be sure to make it a habit whenever you experience an urge to invest in anything on the worldwide web.

Click Here Continue on to the Internet Ad Scams section.            

Click Here Continue on to the Contest Winner Scam section.      

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