In order to avoid scams and fraudulent people, it is important to never underestimate their intelligence or how far they will go to scam you. Even when it sounds too good to be true, meaning of the deals and programs also require a considerable amount of planning and investment to make them believable. They are putting just as much energy into doing something illegal as they people who are doing things the correct way. In this blog post, I discuss some of the skills fraudulent companies and people develop in order to scam unsuspecting people. There is also a subclass of persons who understand fully these scams and how the money flows within them to the point where they are able to join for a small amount of time and receive money within the stages of growth of a particular scheme. Clearly, the ethics of this approach to doing business is dubious; however, it is an approach that does occur.
The following three approaches within high-yield investment schemes, programs, and deals are widely utilized and consist of the general skill sets that are operative when you are viewing these programs. Individuals should understand marketing and advertising at this level and how it is done on the internet to keep current about how to create mental filters and appropriate skepticism for these types of activities.
Ideological or Religious Basis
Many fraudulent operations will tap into people’s belief system in order to build trust. They will claim to be some version of a prosperity gospel that is a mixture of a spirituality, spiritual language, and business language. They form comprehensive ideologies and cultures within them in order for people to feel comfortable and familiar to the degree they are more willing to give to the company and defend the company as well as to be less questioning and more compliant with company objectives. This goes beyond sound business operations and some persons will utilize ideology, spirituality, or religiosity as a smoke screen in order to avoid sound business operations and the clarity of mind necessary to look at prudent financial decisions.
Some companies have developed their own digital currency which they find ways to convert into actual, standard currencies. These digital currencies are not acceptable anywhere and are a sign that one may be dealing with a fraudulent operation. They appear to be rather sophisticated at first and even have a savvy, cutting edge investment appeal. For this reason, individuals may choose them thinking as a good and new way of doing business.
There are websites that track new companies and scams to see their progress of development and whether the companies are still operative. The idea of these websites is that individuals who are investing in these companies can track them to pull out their investment that has accrued some type of yield before the company is under investigation or is shut down for some illegitimate purpose. The moral of this is that the schemers have a different mindset where they know they are scam artists and they are prepared to quickly move. They are not shocked while victims allow themselves to be shocked by the activity. This is probably one of the most difficult aspects of fraudulent systems and schemes that honest people have a hard time understanding. They do not understand the psychology of a scam artist and how there are individuals who have no issue with victimizing people. Understanding that these people operate on a different wavelength and do not think honestly is important for normal people. Normal people should not expect everyone to be honest with them or to treat them as they would treat others. That is why established and reputable types of investing avoid this all together and one simply manages based on sound and quality business without having to worry about unprofessional and fraudulent personalities.