Shopping Cart
Your Cart is Empty
Quantity:
Subtotal
Taxes
Shipping
Total
There was an error with PayPalClick here to try again
CelebrateThank you for your business!You should be receiving an order confirmation from Paypal shortly.Exit Shopping Cart

Maxwell Investigations, LLC

Protecting what you value most.

Steven Maxwell, Private Investigator.

My Blog

Blog

Con artists love social networks

Posted on September 19, 2011 at 11:15 AM
Most social networks' users are hit by online scams almost daily - whether its the ubiquitous survey scam or the "share your cell phone number, get subscribed for a premium number service".

These schemes, however annoying they might be, are nothing when compared to those perpetrated by professional con artists that have discovered the advantages of hunting for their pray online.

"The Internet has made it simple for a con artist to reach millions of potential victims at minimal cost," says the North American Securities Administrators Association. "Many of the online scams regulators see today are merely new versions of schemes that have been fleecing offline investors for years."

Users of social networking sites like Facebook and LinkedIn are usually the most targeted, since once a user accepts a scammer as a friend or contact/connection, his list of friends and contacts is made available to the con artist.

He can then approach those people as a "friend of a friend", and can used the information shared by them on those sites to quickly establish trust.

Eileen AJ Connelly says that these crooks employ the same tactics they would use on offline investors: they offer fast and high returns for little or no risk and they use professionally made bogus sites touting the scheme but offering very few details on it or about the company they want the target to invest in.

They avoid giving out written information about the investment, and can sometimes ask targets to set up online accounts to transfer the money. They also offer bonuses that make targets more likely to recruit family and friends into the scheme.

Luckily, there are mechanisms one can use and behaviors one can adopt in order to minimize the risk for themselves and their friends:
  • Don't "friend" people you don't know
  • Avoid sharing personal information on social networks or use their privacy settings to hide it from people you don't want seeing it
  • Use the Internet to your advantage - search for details about the investment opportunity, the company and the person who is trying to pressure you into investing. If there are very few search results on any of those search terms and those results are tied exclusively to this one scheme, chances are the crook is using a fake identity. If you are lucky, there might be also information online about previously duped users who are trying to warn others about the scheme
  • Don't be swayed by testimonials - they might be faked or written by the first few investors that did get the promised huge returns in order to add to the legitimacy of the scheme
  • Don't be afraid to "sleep on it" and ask advice from state agencies and associations that are set up to protect investors' rights.
Author: Zeljka Zorz, HNS News Editor
 
 

Categories: Family Protection

Post a Comment

Oops!

Oops, you forgot something.

Oops!

The words you entered did not match the given text. Please try again.

116 Comments

Reply Best cloud hosting
8:10 AM on January 7, 2013 
Massive statement shared about family protection and con artists love social network that is really useful to all. I am surprised after reading this post. This will be helpful for me. Thanks :)
Reply air conditioning repair los angeles
5:20 AM on June 3, 2013 
These schemes, however annoying they might be, are nothing when compared to those perpetrated by professional con artists that have discovered the advantages of hunting for their pray online.
Reply count words
12:39 PM on June 16, 2013 
Many of the online scams regulators see today are merely new versions of schemes that have been fleecing offline investors for years.
Reply seo services jaipur
6:54 AM on July 18, 2013 
He can then approach those people as a "friend of a friend", and can used the information shared by them on those sites to quickly establish trust.
Reply hotel in jaipur
9:23 AM on July 18, 2013 
Users of social networking sites like Facebook and LinkedIn are usually the most targeted, since once a user accepts a scammer as a friend or contact/connection, his list of friends and contacts is made available to the con artist.
Reply Straightening Machine
10:11 AM on August 3, 2013 
It’s easy to scan, the content is good, and you're an informed author not like most of the blogs I locate when reckoning on this subject.
Reply Marital aids
6:33 AM on August 9, 2013 
You've shared a terrific topic. Thanks for this wonderful sharing and want to know more detail so please continue...
Reply kutti machine manufacturer
9:59 AM on August 26, 2013 
Thanks for the post.
Reply Fashion Designing in Jaipur
9:52 AM on September 2, 2013 
It offers a comprehensive, women and teen girls self defense class that begins with awareness, prevention, and risk reduction, and then continues with hands on defense training.
Reply rolling mill equipment
1:59 PM on September 7, 2013 
Our belief was that if we kept putting great products in front of customers, they would continue to open their wallets.
Reply windows 7 ultimate key buy
3:03 AM on September 22, 2013 
Best cloud hosting says...
Massive statement shared about family protection and con artists love social network that is really useful to all. I am surprised after reading this post. This will be helpful for me. Thanks :)

infopath 2007 trial product key , ms dynamic crm for win 7 key
Reply windows 7 activation key buy
3:03 AM on September 22, 2013 
air conditioning repair los angeles says...
These schemes, however annoying they might be, are nothing when compared to those perpetrated by professional con artists that have discovered the advantages of hunting for their pray online.

cheap win7 key , win 7 home premium 64 bit product key free
Reply Benjamin
5:24 AM on April 29, 2014 
I fully appreciate your site post. Your post offered me some amazing information and creativity that I was looking for to enhance my content. Thank you really for helping me by answering my few problems whose solutions I was looking for such a long time.
Reply Elvin
7:28 AM on May 7, 2014 
Users of social networking sites like Facebook and LinkedIn are usually the most targeted, I am surprised after reading this post. This will be helpful for me.
Reply Mayfair International Sales
5:04 AM on May 9, 2014 
Find more Details About Mayfair International Sales visit here.
Reply Get best Print design services
7:10 AM on May 19, 2014 
seo services jaipur says...
He can then approach those people as a "friend of a friend", and can used the information shared by them on those sites to quickly establish trust.

This is really a nice and informative about the social media, containing all information and also has a great impact on the new technology. Very informative post thanks for share this with us I highly appreciate you for this information. Thanks for sharing it.!!!!!
Reply Coach Frankfurt
12:45 PM on August 12, 2014 
I don't know about the Con artists love social networks. First time, I will know that topics. I want to appreciate the blogger which provides the interesting info like this..
Reply ray ban aviators sale
8:10 AM on August 19, 2014 
F*ckin?amazing things here. I very glad to peer your post. Thanks a lot and i'm having a look forward to contact you. Will you kindly drop me a e-mail?
Reply Wholesale Lingerie
3:50 AM on September 4, 2014 
Wholesale Sexy Lingerie,High Quality!Low Price! Wholesale Leggings,Plus Size Corsets,Wholesale Halloween Costumes From China Suppliers LingeriePark.Wholesale Only,No Retail!
Reply Coach Frankfurt
9:41 AM on September 13, 2014 
Con artists love social networks is one of the article which provides me informative info about the love social networks.If you have any more update about the love social networks.Thanks.