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How to know when you're getting scammed

Updated on February 6, 2013

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Don't get fooled by scams and hoaxes

Ever feel like you were the victim of fraud, and everyone saw it coming but you. The truth is everyday thousands of people are scammed and defrauded out of millions of dollars. Here are some tips to keep in mind when you feel you may be the victim of a scam.

Always remember the golden rule of scams: "if it sounds to good to be true, it usually is." Everyday we see ads, incentives, and websites claiming to offer us great products for little or no cost. Usually the ads are false advertisements, or clever con artists looking to steal your hard earned cash.

The next step is to check the source. Are you being offered a great deal from someone who's only identity is an email address? If so it's a scam 99.99999% of the time. Never, ever deal with someone offering a great deal from another country, unless you are dealing through a website that guarantees your purchase. Deals, promotions, and discounts offered on big company websites are much more reliable than something found on a random site.

A good way to avoid being scammed is to take your time. Scammers and thieves love to pressure you to make a quick decision before it's too late. Make sure you never allow yourself to make a rushed decision.

My final advice is to follow your gut. If something feels off, it probably is. Scam artists are very crafty. They can usually spot somebody who is gullible. They can make anything seem right, but that gut feeling is something you should pay attention to. Use these tips to keep your money safe.

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