How to escape from scams

The is an entry I did at UDMSpace.com, a social networking site

Scamming is a mind game. They first tell you that they have done very little work and accumulated X amount of money and with that they had a nice weekend in Hawaii, bought a million dollar house, car changed from ford to Ferrari etc etc etc.. Then they tell you that your spending will be returned in multiples of 10 or 1000. Most of them will have an affordable price also. So the poor people will think why shouldn't i give this a try?. Surely they lose their money almost 99% of time. Here some things you can do to invest safely

1. If a deal sound too good to be true then probably it is

2. Make sure the company has a phone number and an address. Cross check the phone number or call them directly asking some questions

3. Tell no if you are being pressurized. Because all scammers would want you to " pay now".

4. Never participate in a pyramid scheme.. This is illegal and you will lose your money. I have heard of pyramid sachems accumulating about $50 million by scamming people.

5. Never believe in claims that there is no risk. All investments have their own risks.

6. If you are told you won a prize and have to pay a certain amount to receive the prize simple refuse the price.

7. never believe in reviews that have the affiliate links for a particular product. they simply want you to buy that product

8. Send the company some e-mails asking about the investments and risk. If they are not replaying with legitimate information mostly it will be a 'stop asking questions and just pay the money' attituded site.

9. Check the sites with www.fraud.org to know if there is any complaints about the investment.

10. Look in online discussion forums for independent reviews and payment proofs.

11. And most important one.. Use your common sense