If you like to read about frauds, do check the article about the easiest frauds to commit and make money. It is a very interesting topic and now Insider Monkey has published an article about it. The frauds you will read are not unfamiliar, but it’s important to keep them in mind! We can never know who wants to cheat us or our family members, relatives, friends.
Now without any further speaking let’s see what Insider Monkey has investigated for us. We have picked three frauds from their list.
The first one The Ring Reward. It’s in the last place since it requires having a partner. This one works so well because it plays on two very important feelings: sympathy or greed. It is almost impossible to fail. You may have seen this in a movie Zombieland. The story goes like this: you are walking down the street when a pretty, kind girl approaches you and asks worryingly if you have noticed a ring somewhere. An engagement ring, precious and valuable, is missing. She lost it somewhere and is offering a big reward to the person who finds it and returns it to her. Nodding sympathetically, you leave her and go around your business. But, who should you encounter next but (usually) a guy who accidentally found the ring and you end up with a dilemma: buy the ring for a smaller sum and give it to the girl, or buy it and pretend you found it to get the large reward. Either way, it’s your loss. But you still got the ring, right? Wrong. The ring is nothing but a cheap imitation with a shiny rhinestone. The second fraud is Emergency call (Grandparent scheme). Here’s another uncomplicated fraud for making money that plays on people’s feelings. It takes a bit of digging, i.e. finding some personal details of your victims or hacking into their email addresses, though with so many people on social media, personal information is shared publicly more than we are willing to admit. In this scenario, you have prepared a story about some emergency that happened, and the victim’s grandchild/friend/relative needs cash as soon as possible. The emergency can be an arrest, a mug, accident, calling from a hospital, etc. Just use your imagination, and plead urgently and desperately for money, or else something awful will happen. One of the popular variations is when the grandparents are called because their beloved grandchild is hurt badly. Ethical? No. Easy? Definitely.
For any further useful information read Insider Monkey’s article about 7 easiest frauds to commit and make money.