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Updated about 8 years ago on . Most recent reply
Scams... SCAMS EVERYWHERE
I've been around the block for quite some time. If I've learned anything, it's if something seems too good to be true, it probably is. I'm constantly browsing these forums and the marketplace for new ideas or potential investments. I'll run into a scam at least once a week if not more. I know a scam when I see one. Sometimes they are harder to pick out, but not usually.
I've taken it upon myself to contact the scammers. I pretend to fall for their trap with fake information and long phone calls. This is of course if I have nothing better to do. I waste as much of their time on me as possible. The more time they are wasting with me, the less time they have to scam some other innocent person out of their hard earned income.
If they want Western Union payment, I tell them it has been sent and keep them going to Western Union looking for money I never sent. "Oops, I'm sorry. I sent it to the wrong location. I gave you the wrong confirmation number".
Always pay attention to your hindsight. It's 20/20 after all. It's usually right 99 times out of 99. I've seen people very close to me lose everything and start from scratch. It's painful to see. Please do your due diligence. Please don't let greed blind you into a scam. If you want a second opinion on something that looks fishy, ask on these forums.
This post probably didn't add any value, but it's part warning and part rant.
Most Popular Reply
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- Rental Property Investor
- East Wenatchee, WA
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I disagree that you haven't added value @Derek G.. Even if one person reads your post then thinks twice about that too good to be true shortcut, you've helped!
Most fall prey to scams by being impatient. They want it now and they want shortcuts. They want to refi 20 mins after purchase at appraised value, they want to be told the secret sauce of a guru's 'system' vs learning on their own, they want hard money at prime rates, etc.
Keep fighting the good fight and thank you for your post!