Multi level Marketing Scams are identified as work from home or at home scams, get quick self employment system and pre packed small businesses. It is very important to stay away from these types of scams because they are not lawful business opportunities.
- Don’t arrange to compose wealth or money by recruiting distributors
It is a MLM scams if the bulk of funds you get comes by recruiting others in the program. Then, this is not a legal business opportunity. These scams assure a nonstop line of new distributors and thus earn more money. Such scams are illegal. Everybody should stay away from them.
- Don’t pay for a business opportunity
Start from any business opportunity that needs one to pay a membership. These scams create wealth by getting you to compensate money. A legal business will definitely help in meeting the requirements of customers. The expenses linked with that are operational and marketing costs.
Some tips are given below to identify MLM Scams:
- One must check the e-mail address. One has to take care if it is yahoo or gmail address.
- Most of the scams are done from Nigeria. So be aware while dealing with anyone from Nigeria.
- Always take a glance at the website name from wherever you have bought e-mail. In case it is not available there then take help of scam list. Still if the same is not available there then you may get it cross checked.
- Be careful if there is a invitation letter, asking to send cash for your winning by western union because result of Western Union cannot be half tracked. One cannot know the United Nations agency picks up the funds once it’s sent.
- People who work from home such as retired person or mothers must be careful from such type of scams because they target such people first.
- Scammers may ask your bank account details; never give any details to anyone.
- Legitimate work from home sites never asks for membership fees. So, take care while working because most work at home sites ask for fees.
- One cannot wait for future with a corporation that gives you assurance only (this is known as pyramid scheme).
- There are so many forums of scam that may help you to identify a scam.
- Become a part of group scam watchers because updates are going to be sent related with the most recent scams.
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