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The Biggest Internet Scam In Recent History



A


re you interested in            disapproval because some unknown  
hearing about the biggest       and unnamed internet company had  
internet scam in recent         cleaned out her banking account.  
history? NO! Would you be             She was going to complain, bring  
interested if you discovered that     legal suit and if she could find  
it is possibly you that was           a real person she was going to do 
scammed several months ago and        really mean things. It took 5     
did not even know it? In fact, if     minutes and three questions to    
you were scammed back then you        find out she was into a legal     
probably have had money removed       binding electronic contract she   
from your bank account every          knew nothing about.               
month AND you may not even know                                         
you are losing your money. Now        Questions 1: Did you buy and      
you are interested!                   download (very key) any           
                                      information from the internet.    
This foundation for this breech       Usually a CD or something         
of internet security started a        similar. Answer-YES.              
couple of years ago as a gift                                           
from your caring politicians and      Question 2: Did you knowingly     
bureaucrats in the form of bank       enter into a binding contract     
funds electronic transfer             with these people. Answer:        
legislation. Simple stated, if        ABSOLUTELY NOT!! Real answer-Yes  
you owe anyone money they                                               
(whoever) can ‘electronically'      Question 3: Did you read all the  
withdraw it from your account         fine print including the "Terms   
without your permission if they       and Services". Answer: NO, BUT I  
have a contract in place.             KNOW THERE WAS NO CONTRACT OF ANY 
                                      SORT. Real answer-NO I did not    
A few weeks back a neighbor lady      read the fine print.              
came to me venting her                                                  



After displaying the website it       more thing. It only fair that    
took the whole of about 15-20         since the CD is free that you     
milliseconds to see the scam. I       should pay the shipping and       
had to explain it three times         handling. I think that is only    
before the dear lady could see        fair don't you. Stop and read the 
it. Then the next question: "What     above paragraph carefully again.  
can I do? I have tried to stop        What is wrong with this scenario? 
it." The result was she had to        Where is the big red flapping     
close out here bank account to        flag!                             
kill the credit card.                                                   
                                      DA!? This is the internet         
Here is how it works. Either          remember. The keywords are        
through email or PPC or some          digital, electronic, and          
other way you end up on a webpage     downloadable. If the information  
that, for example, guarantees to      is electronically downloadable    
make you $187,594.26 in 30            why send it by snail mail? What   
minutes while working at home 10      does this transaction yield to    
minutes a day. Maybe this is          the creditor website? Your credit 
slightly exaggerated but you get      card information! Why is that a   
the picture. They usually have a      worry, the shipping cost is so    
CD that will give you all the         small; only $7-8.                 
information you need to carry off                                       
this money making project.            Now Question 2 comes into focus.  
Normally this CD would cost $99       Somewhere on the website there is 
but if you act within the next 2      a free trail offer (usually 15-30 
hours, being the good guy you are     days) that comes with a ‘on     
you get it for free.                  line resident expert' attached.   
                                      If the CD doesn't contain all the 
Now this is great deal. What is       information you need the expert   
not to like? Wait there is one        is on call to answer your         



questions. He/she might not speak     shipping to get your ‘free' CD  
English or have any relevant          that causes all the problems.     
knowledge or experience on the        "Buy checking this box you agree  
subject but you get the free          to all the terms and conditions"  
service for 15-30 days                of the website - meaning the      
notwithstanding.                      month to month withdrawal of your 
                                      funds if you do not unsubscribe   
Here comes the neat part. Look at     during the free trail period.     
question 3 again. Did you read        That constitutes a legal contract 
the fine print included in the        under the electronic signature    
terms and conditions? Of course       legislation. You have just agreed 
not, no one reads that stuff. I       to send that company a monthly    
bet you do from now on. Somewhere     payment for services for the rest 
in the fine print it will say         of you life or until you stop it. 
something like. ‘You can                                              
unsubscribe from the normal           Hold on, it only gets better. How 
service of the expert within the      many people do you know that      
trial period (15-30 days) and         really check their credit card    
there will be no penalty.             statements in detail every month? 
However, if you do not                Apparently not enough. A $30      
unsubscribe we will take the          withdrawal might stay hidden in   
normal amount (usually $20-40)        your 4+ page credit card          
out of your credit card account       statement for months. Then when   
monthly." But, you say, that does     you do find it try to get it      
not a contract make. You are          stopped. I tracked down an        
absolutely correct. Except!           internet company doing this very  
                                      thing; it took about three days   
It is the little check box down       of intense research. I sent an    
where you enter you credit card       email to the highest officer we   
information for the handling and      could find demanding to stop,     



stating we had no contract. I got     terms and conditions a dozen      
back an email with the following      times. Reject them if there are   
answer; "Oh yes you do.' He was       any questions.                    
correct.                                                                
                                      Internet security is a serious    
The moral of this story is            matter that can only be           
simple. You must prevent this         controlled through knowledge by   
scam before it begins. In writing     those people using the internet.  
or generating legal documents of      Do not rely on a piece of         
any kind, especially                  software or a firewall entirely.  
electronically, there is one          Internet scams are perpetrated by 
absolute generic rule. "READ THE      very intelligent people that can  
MAIL, UNDERSTAND THE MAIL and         think and work around most        
ANSWER THE MAIL"                      internet security devices.        
                                                                        
In other words if you are reading     Remember what Smokey the Bear     
and understanding every word on a     says; "Only you can prevent       
website, conduct your business        internet scams!" Well, if he      
with confidence. If not my            didn't say it he should have.     
recommendation is "DO NOT                                               
ELECTRONCIALLY SIGN ANY THING, IT     P.T. Barnum did say. "There is a  
MAY CONTAIN A HIDDEN CONTRACT".       sucker born every minute."        
Read the fine print. Make sure                                          
you know exactly what you are         I say on the internet there are   
electronically signing. Answer        one million suckers born every    
ever detail with personal             minute.                           
knowledge as to what it means;        

                              
even if you have to read the          






About the Author:

Mike Miller is the developer of the holistic family online Family iMall with the new concept of online shopping 'informational speciality ishops' such as the World Wide Fishing Charter ishop.


Read more articles by: Michael Miller

Article Source: www.iSnare.com


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