Stay Away From Home Based Business Scams

Stay Away From Home Based Business Scams

The Internet if chalked full of scams for work at home opportunities. It can be hard to distinguish between the actual home based business opportunities and the scams that are set up to take your money. However, there are a few ways to recognize these work from home scams.

The stuffing envelopes at home scam is one of the oldest Internet scams. Actually, it used to be posted in the back of print magazines before the Internet was as popular as it is now. However, no matter where you see this ad, it is a scam. The pitch is that you can earn money stuffing envelopes for businesses but only after you pay out money. Once you have paid out money you will be instructed to place the same ad that you fell for in print magazines and in different places online. You will only make money through this scam, and it won’t be much, when other people fall for the scam.

Another work at home scam is assembly or craft work. The ads for this scam will claim that you can make money from making things at home. A company will buy the things you make after you have assembled them. This scam requires you to pay out money for materials, occasionally thousands of dollars, for materials to build things that the company will buy. Of course, what end of happening is that the company never really buys the crafts back from you. The excuses typically run along the lines of the fact that your crafts are not up to par.

Advertisements for computer work are plastered all over the web. There are ads claiming that you can make a ton of money with data entry and word processing online. Of course, the flip side of this venture is that you have to make an investment before you can start working.

Typically these types of scams end up with you receiving a worthless guide about working at home and a cheesy disk with useless information on it. There will usually be a list of companies for you to contact that would like to use your services. Unfortunately the ones that are legitimate business usually pay an extremely low rate.

You can make money from doing medical billing at home but there are some scams you want to be aware of. If there is an investment involved, typically in the area of a couple thousands of dollars, it is a scam. There is a need and market for medical billing but you do not need to make any huge investment to get software to do it. If you do make a huge investment, be aware that you may never ever get clients for the business.

Pyramid Scheme Scams have been around for a very long time. The thing about pyramid schemes is that you can often make money with some of them but you can also lose money. Investments are required and products must be purchased before you see any return on these schemes.

The good news is that MLM pyramid schemes are illegal in both Canada and the U.S. So you should not run into too many of them. The way that people make money in pyramid schemes is that only the people on top make money. Everyone else is contributing to the money that the top people are making. Those at the bottom get not return on their investment.

Home Based Business Scams