Exposing financial scams targeting consumers from around the globe.
Understanding Pyramid Schemes: How to Identify and Avoid Them
What are Pyramid Schemes and How Do They Work? A pyramid scheme is a type of investment scam in which each person involved recruits others to join. Money made by…
Top 10 Scams to Avoid While Traveling in Europe
Traveling can be a fun and exciting experience, but it’s important to be aware of the potential for scams. Scammers often target travelers because they know that people are often…
Geek Squad Scams: What to Know and How to Protect Yourself
Geek Squad is a subsidiary of Best Buy, a consumer electronics company based in the United States. The company offers a variety of services, including computer repair, home theater installation,…
Publishers Clearing House Scams: Recognizing and Avoiding Them
Publishers Clearing House (PCH) is a well-known company that has been around since 1953. PCH is known for its sweepstakes and lotteries, which have awarded millions of dollars in prizes…
6 Most Common Phone Scams and How to Avoid Them
Phone scams can be costly and stressful for victims, so it’s important to be aware of the various types of scams that exist and how to protect yourself. Here are…
Avoiding Fraud on Cash App: Tips and Strategies
Cash App is a popular payment app that allows users to send and receive money quickly and easily. However, like any online platform, it can also be used by scammers…
Avoiding Wholesale Scams from China: Essential Tips for Safe Online Shopping
Shopping for wholesale products from China can be a great way to get high-quality goods at competitive prices. However, it is important to be aware of the potential for scams…
Extended Warranty Scams: A Comprehensive Guide
An automobile extended warranty is a service contract that covers the repair or replacement of certain parts of a vehicle. It is meant to provide peace of mind to car…
The Dark Side of Options Trading: Why Retail Investors Often Lose Money and How to Avoid the Risks
Options trading can be a risky and complex endeavor, particularly for retail investors who may not have the same level of knowledge or experience as professional traders. While options can…
5 Reasons Why the Stock Market is NOT a Scam (And How to Succeed as an Investor)
If you’re considering investing in the stock market but are hesitant because you think it might be a scam or rigged, it’s important to understand that the stock market is…