Some aspiring entrepreneurs are so desperate for funding, or naïve, that they ignore the obvious signs of scams and rip-offs on the Internet, praying for a windfall. One would think that with all the sad stories and tools published over the past twenty years, this problem would be behind us. But people are still begging for more technology or laws, often to protect them from themselves.
As examples, I present my list of ten of the most common ways to be victimized on the Internet by ignorance or greed, based on questions and stories I get from entrepreneurs and associates. The threats are organized from high to low avoidance ease, with common sense suggestions for each case:
Cash transfer assistance. I continue to be amazed that some government agency reportedly still gets 100 calls per day from victims of the Nigerian unclaimed cash scam alone. People who fall for this one must be really greedy. The best answer is the age-old wisdom that if it sounds too good to be true, it’s not true. Delete the message.
To read the full, original article click on this link: Startup Professionals Musings: You Won’t Find Startup Funding From These Sources
Author:MartinZwilling
