How to Avoid Frauds and Scams

Everyone you know at some point in their life would have been scammed by a fraud. I was first scammed when I was 8 years old by an adult for Rs.100/- ($2 at that time, twice). I was at a religious gathering inside an Ashram, the place had security check points for safety; so, my parents left me alone as they had duties to fulfill.

I was an open-minded kid who engaged with adults and foreigners inside the Ashram. One day, this local (I didn’t know he was a local at that time) knowing that I had money on my wallet, started a discussion with me. At some point, he convinced me that he lost his wallet, he is from another city and he does not have a way to go back home, and wanted me to help him go back home.

That is how I lost $4 – I gave money to this idiot twice, the second time was when mom was near by and she knew this was fraud and instructed me to be careful; the fraud of course ran away.

Younger me

If a genuine person lost his wallet, he would go to police or talk with security or authorities to find a solution. They would not approach a kid for money.

Different Types of Frauds and Scams

  • Online fraud by impersonation
  • Taking up false and fake identities
  • Making false promises
  • Selling fake or counterfeit products, goods and services
  • Selling products that they don’t own or have or intend to really sell
  • Job offer scams – domestic and international
  • Work Scams – Hiring people but not paying them
  • Stealing sensitive data [Credit card information, user details, login credentials]
  • SSL Certificate Scam
  • Malvertising & website hacks
  • App Scams that give false promise
  • Fake companies Scam
  • Lottery Ticket Legal Scams
  • Government Scams
  • Religious Scams
  • Tax Scams
  • Relationship scams
  • And anything else you can think off.

People fall for scams and frauds usually for these reasons:

  1. For an Opportunity – often something people are desperately seeking, an escape out of their personal or financial situation.
  2. By Beliefs and Ideologies
  3. By Ignorance and lack of Awareness

How to Spot a Fraud or Scam?

  • Don’t believe people especially strangers.  
  • If the offer is too good to be true, then 9 out of 10 – its a scam. If it has a proper price tag, then evaluate accordingly.
  • Don’t believe any threat or offer in Text SMS, or Phone call. 
  • Don’t believe people if they are selling phone or costly laptop for extreme cheap price. 

Recently my client, fell for a ‘Mi phone flash sale scam’, where this guy created a fake Mi website and sold goods that he didn’t posses or sell. He knew people in India were crazy about the XiaoMi Phones and the crazy flash sales, so he scammed people by modeling the original site.

Notice its not the official domain name ‘Mi.com’ and notice the site has no padlock for SSL Encryption. 

Also the price is ridiculously cheap!

Look at the Domain Age 9 days old! 

The easiest way to avoid these types of online scams is to check the ‘Domain Name’ of a website – also called as URL or Link – and check for SSL Security.

If Mi or Adidas or Apple or a Bank wanted to give a special offer to people, they wouldn’t list them in miflashsales.in or specialoffer-adidas.com or other bull****.

They will list in their official site which is Mi.com or Adidas.com or Apple.com or ICICIbank.com – their urls wouldn’t have a crazy sub domain or ‘-‘ inbetween or anything extra.

Second thing to spot is SSL certificate, often these scammers and frauds will not use an SSL certificate when scamming online. General rule of thumb, do not purchase from a site which does not have SSL.

Scams can also happen with SSL certificates, but its often rare, or of a different kind.

Another kind of scam is whatsapp scams, where they steal your Facebook or Google Credentials. Generally, they spin a story and give you an offer and will ask you to use their site to login to facebook or google. Do not type your login details of your social media accounts to unknown sites.

Whatsapp Fraud Message - Fake news!

People fall for this crap and its ever green! 

That url is most probably a phishing site made to steal your account data.

Remember, people fall for these scams for opportunities.  

SMS Scam:

Text message asking you to login to their website to redeem your credit card points and they will also ask for your CVC code. Be careful of these. Banks never ask your CVC.

Phone call frauds:

here the scammer will call you with a script and he will speak the script. People have lost a lot of money to this type of scam.They will usually threaten you with arrest or loss. 

Be bold when facing false charges. do not bend your knee too quickly to accusers of any kind.

I was accused by this watchman, He told me: “the stray dog I rescued from disease, stole his keys” and I believed him and was looking for the keys in garbage bins. This F***face, drunken btard, kept the keys inside the shutter and closed it and placed the blame on the dog to avoid his neck.

Do not believe People. Always look at their actions and track records. Note even this advice could be backfired – as how we thought we were dealing with a legit supplier but turned out the account was hacked. When transacting, use proper methods like PayPal – which is good for customers or something legit.

There is literally all kinds of scams in the world, and its often a challenge to distinguish which is legit and which is real. 

Sometimes,we fall for scams because we trust someone too much or look up to them. When ever I looked up to an employer, client #wellwisher, opportunity etc., I ended up with financial losses and disappointment. My advise is do the homework thoroughly, do not gamble your money on wrong bets and listen to Sadhguru: ‘Do not look up to anyone, Do not look down on anyone.’ only these will keep you safe.

If you like this article, do share and join our newsletter!

1 thought on “How to Avoid Frauds and Scams”

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

you're currently offline - please connect online to use full functionality

Scroll to Top

Join the Newsletter

Get Latest Tools & Tips

%d bloggers like this: