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Article #104: What is a Scam?

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We all see the word, "Scam" all over the members, it is an illegal Chain
place. Letter. It will not last and most people
Some of us even use it ourselves. will not make money.
But do we really know what it is? Most people will loose money. The ones
I spent sometime looking it up. Here are who will make out likebandits, are the
some definitions of theword Scam: people who started it in the first place.
From Cambridge International Dictionary Or how about Gifting Clubs.
of English:scam, noun [C] INFORMAL, a I don't care what they tell you on the
plan or action for making moneywhich is Website to make youbelieve it is all
dishonest, illegal and often clever. He legal. I don't care what they say about
burnt his own housedown so that he could Gifting being a time honored way of
claim the insurance money - what a scam! sharing. To do it in aprogram like this,
From the Merriam-Webster Dictionary:scam is illegal. It will get shut down, and
Main Entry: Pronunciation: 'skam mostpeople will again loose money. Only
Function: noun Etymology:origin unknown the ones who start it willget the big pay
Date: 1963 : a fraudulent or deceptive offs.
act or operation I see both types of programs being
(an insurance scam) offered all the time. Don'tfall for them.
From The American Heritage(R) Dictionary If you want to have any kind of
of the English Language: reputation DO NOTpromote these kind of
Fourth Edition. 2000:scam ...Slang A things.
fraudulent business scheme; a swindle. "But what about the ones who get in
Inflected forms:scammed, scamĀ·ming, first... won't they makemoney?"
scams To defraud; swindle. Origin They can, but think about this. Think
unknown.scammer -NOUN... about the people who willbe asked to join
From The Newbury House Online later. Think about the money they will be
Dictionary:scam n. a plan to make money askedto pay. Think about the money they
by deception or fraud, (syn.) a swindle: are going to loose becauseall the greedy
They ran a scam where they burned cars fools who are going to join have joined
and collected insurancemoney. and theycan't find anyone to cover their
From yourdictionary.com:scam (skm) Slang costs. Think about all thepeople who will
n. A fraudulent business scheme; a be out if the thing gets shut down by the
swindle. Law.
From the Dictionary of Slang:scam Noun. A Most of these things never get big enough
trick or con. for the Legal
As you can see there are very specific Authorities to get involved. They just
definitions for the word. die of their own wait.
A scam is something that is set up to rip Are you the type of person who can sit
people off. To taketheir money. back and tell yourself,
It is not, as we sometimes think, a "It's all right, I got mine."
company that is havingproblems with their It's not all right.
systems. All companies have problems. You are setting people up to loose money
Lookat AOL. They have lots of problems if you join and promotethings like this.
with their systems. But theyare not a But just because someone sets up a
scam. Gifting program or a Chain
Just because we loose money or don't make Letter type deal, doesn't make them
money, doesn't makethe company a scam. scammers. They may have thebest
Just because a company is having intentions and honestly believe what they
problemsgetting their members paid on are offering isperfectly legal. It isn't,
time, does not make them a scam. but they may think it is.
Companies do have problems that are In case you haven't noticed, PayPal is
beyond their control. coming down hard on a lotof Network
It's how they handle them that tells you Marketing companies. They are not doing
a lot about the kind ofcompany that they this on theirown. MasterCard and Visa,
are. If they are honest and up front are the ones who are forcing them toget
about theproblem, that is a good thing. out of Network Marketing companies. Why?
If they hide the problem with alot of Because the Credit
double talk or no talk at all, that is a Card Companies are getting hit Very hard
bad thing. Itdoesn't make them a scam, with Charge Backs, and
but it does say a lot about how theycan Fraud. Stolen Credit Cards are being used
be expected to do business. all over the World tojoin Network
When you look at companies, really look Marketing companies. The Thieves clean
at them. up, and the
What is the first thing they say about Credit Card Companies and sometimes the
themselves? Do they talkabout the product honest programs take thehit. MasterCard
or the service they offer? Or do they and Visa have both long had clauses in
justlaunch into how much money you can theircontracts that people could not use
make? If the first thing youread is all their services for MLM typeprograms. Now
about the money to be made. Watch out. It they are enforcing it.
might notbe a scam, but it tells you that If the company you are with has not had
is all they are about. To themit doesn't these kind of problems,they will and they
matter what the product or the service should be prepared for them. Companies
is, it's allabout the pay plan. thatare going through this, are not all
These companies, may not be scams, but scams. In fact my guess isthat if this
they maybe illegal. Therehas to be a real happened to a scammer, they would just
product or service being offered. If close upshop and move on with whatever
there isno product, if it is just passing money they could. A Real Company,will
money from the ones below tothe ones find a way to work around the problem.
above, it is illegal. So the next time you read someone calling
How many of you have seen this kind of this or that company ascam, think. It
thing? maybe a perfectly good company that is
A program sets up a list of members for workingthrough some problems.
you to pay directly orwith the help of A Real Scam is something that is set up
the program, and you then take the first just to take your Moneyand Run. A Real
nameoff the list and add your name to the Scam will not try and work through
bottom. It doesn't matterif they tell you problems.
that you are ordering a report or They will just pack up and go on to
somethinglike that from each of the something else.






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