25 Most Popular Scams You Should Watch Out For

Posted by on April 16, 2012

From high profile office buildings to shady street corners scammers are everywhere. Although we may be tempted to think that we’re smart enough to avoid their underhanded scheming, everyday thousands of people are conned out of their money and countless lives are ruined. In order to help keep you from becoming another statistic we’ve compiled this list of the 25 most popular scams you should watch out for.


Nigerian (419) Scam

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Chances are you’ve heard about this one. Although named after Nigeria, the emails can come from Sierra Leone, the Ivory Coast, or almost any other country. Typically they consist of some high ranking or influential individual soliciting assistance in something to the effect of transferring money abroad. Usually they promise a significant portion of their wealth in return for your help. Unfortunately all the transaction costs and fees that you end up paying for are phony and it’s time to write of your losses.


Work At Home Scam

Be your own boss, work from home, make thousands of dollars a week. How often have you seen this advertised? Probably almost daily and while the perpetrators will try to sell you a starter kit containing “everything you need” you’ll usually just end up with a letter telling you to scam your friends and family the same way they scammed you.


Weight Loss Scam

Not much different from the work at home scam, this one usually involves a promise from someone claiming that they can help you lose weight and sometimes even slow the aging process by means of either a pill or some silly patch. Don’t swallow this one though…your bank account will regret it.


Salted Gold Mines

Although this one is a bit outdated, its underlying principles are still very much alive today. Hundreds of years ago mine owners out west would plant several gold nuggets in an otherwise worthless mine in order to make them look good to potential buyers.


900 Phone Number Scam

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If you ever get an email or telephone call informing you that you have won some sort of lottery or sweepstakes and all you need to do is call a 1-900 toll number to claim the prize…don’t do it. Every second that you spend on the line listening to the extended pre-recorded message is just more money trickling out of your bank account and into theirs.