Work at Home Scams to Avoid
The desire to boost our income while staying at home is a natural one. Millions of people want to start a home business or at least work from home. There are also millions of scammers looking to prey on these would-be entrepreneurs.
You’ve probably seen ads that claim you can make hundreds, or thousands, of dollars each week while working from home. While it is possible to create a successful home business, the majority of these ads are placed by people looking to make money off you!
Here are five common work-at-home scams to avoid:
Data Entry Work
This one may sound legitimate but generally what you’ll receive is a generic guide to work-at-home jobs with a useless list of business names.
Envelope Stuffing
For your fee, you’ll learn how to place the same envelope stuffing ad. The only way you will earn money is by scamming those folks who respond to your work-at-home ad.
Craft Assembly
This scam requires you pay for materials and equipment upfront. Once you make the items, the company usually claims the quality isn’t good enough. They never buy the items from you and you’re out a lot of money.
MLM Opportunities
The way the Multi-level Marketing (MLM) works is that as a distributor, you earn commissions both on your sales and on the sales of the people you recruit to become distributors. The problem is that some MLM businesses are just pyramid schemes where the products and services only exist to make the opportunity look legitimate. The scam is that only the people at the top of the pyramid make money.
Medical Billing
These scammers charge hundreds or thousands of dollars for software to process the claims and a list of potential clients. The list usually turns out to be bogus as most doctors’ offices process their own medical claims or contract out their medical billing to established firms.
These are just some of the most common work-at-home scams. There are many more schemes often claiming to be real business opportunities. Legitimate work-at-home opportunities don’t require fees to get further information or use high-pressure sales tactics. If you become a victim of any work-at-home scam, contact The Better Business Bureau or The Federal Trade Commission. Call 1-877-FTC-HELP (1-877-382-4357).
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