Be Wary Of Internet Money Making Opportunities by Fione Tan -
www.eOneNet.com
On average, I receive 15 Internet schemes and offers on a daily basis in my
inbox. "Get paid to read emails", "Get paid to view advertisements", "Internet
investment with high performance", and many more I don't care to remember.
Imagine that these email messages are sent to millions of Internet users daily
and it only takes a one per cent response to give these companies their
millions of dollars. Some of the common ones include:
Get Paid To Surf
You have to log on to the website an x number of times daily or download a
special browser to their desktop, and read the ads or view the banners
displayed. The website company will charge the advertisers and reward the
members who complete the quota.
Pitfall
It takes you ages to complete the quota to be eligible for the payout scheme, if
you can ever accomplish it. By the time you get your payout, the amount will be
deducted of administrative charges (which sometimes can be about 20 per cent of
your total payout). The worst scenario would be to have the website close down
before any member receives their payout.
One of the most famous websites for advertising "Get Paid to Surf" was
AllAdvantage.com. Unfortunately, the business folded despite being one of the
fastest growing websites in terms of numbers.
Mutations of this scheme include getting paid to receive SMS, getting paid to
read emails, and getting paid to listen to online radio ads.
However, if you wish to try out this money-making scheme, you should first check
on the following:
-
How much will you be paid for reading each email?
-
What is your responsibility other than reading emails? (e.g. some schemes would
require you to click to a website linked within the email)
-
Can a Malaysian participate? Some schemes are restricted to US citizens only.
-
What is the minimum amount of payout?
-
How long will it take for you to earn the minimum payout? Remember you are
incurring charges for your Internet access and phone bills for reading the
emails.
-
How is payment to be made? If payment is made by US cheque, then a significant
part of it would be eaten by bank charges.
If you receive an email like this,
Dear Friend,
You can earn a lot of money in the next several months sending
e-mail.
Don't count on it.
Money Laundering
This is a scheme that has been around for many years. From its early days of
letters and faxes, it has now become high tech, with email as the popular
choice.
The scheme tells you that the sender (most likely from a country in the African
continent) has a large sum of money, seeks your assistance in transferring this
amount into your bank account, and if successful, you will be offered an x
percentage of this amount.
Here's an email I received recently:
DEAR SIR
I am KING JAKAS OFUOBI THE 111, i am 87 years old from makine
country,SIERRA-LEONE REPUBLIC,as matter of fact i am very sick now, i have a
stock.
I am the head of all gold dealers in makine country,i have some money which i
made from gold sales and i will like to invest it in hotel business or buying
of bank shares in your country.
I know by the time this letter will get to you,I might be no more.Please,i will
like you to feel free to deal with my son in case i am dead,i will make you a
co-director in this hotel business and will also compensate you with some,i
must confess to you, we are novice when it comes to investment.The only trade
we knows is gold business.Please if you know you can assist me, please contact
me through my email jakaslaw@yahoo.fr or princejakas@hotmail.com
.TEL:00229-987160 FAX:00229 32 34 42 . I have instructed the security company
were i kept the money what to do in case i am no more.
Please i really need your assistance,because i know my son can not handle this
cash alone, so i want you to supervise and monitor him.
HOPING TO HEAR FROM YOU SOONEST .
BEST REGARDS
KING JAKAS OFUOBI THE 111
It sounds too good to be true. Of the billions of people living in this planet,
it is I who have been identified for this wonderful opportunity to get rich.
Pitfall
Many wise businessmen, and young teenagers have been lured into such schemes due
to greed. Rumours have it that after following through with the transaction,
some have even been killed after traveling to meet the sender. Others have lost
a lump sum of money from their bank account, or have had their identities
stolen for illegal crimes.
Online Multi Level Marketing (MLM)
These companies promise you great returns through pyramid schemes and
multi-level schemes. Although without valid local government licenses, their
excuse is that you are not bound by local laws as this is an Internet
investment. Many Malaysians have fallen prey to Get Rich Quick Schemes, despite
the many precautions given by the government. These schemes should not be
mistaken for affiliate programmes which you can join for free, with real
products or services. Check through the company's background thoroughly before
you make a decision to join as a member. Has anyone really received the payout
cheque?
Pitfall
If anything was to go wrong, to whom can you submit a complaint?
Since the company is not registered in Malaysia, you cannot complain to any
local authority. Neither can you complain to the person who introduced you to
the scheme, since he or she is also just a member. Today, online MLM schemes
are also being promoted offline, through business opportunity meetings or
physical sales pitches. Ideally, MLM companies should be operated on a base of
products and services that are legitimate where its members or distributors are
entitled to commissions based on their sales. It should not be based on a
member having to pay a certain sum to be part of the system and then having to
recruit others in order to earn back their initial capital. The Internet
provides many money making opportunities, so do not let these schemes stop you
from starting an Internet business that will generate multiple sources of
income for you.
For more information about this article, kindly contact Fione Tan, at
eOneNet.com - Internet Marketing Company here
.
Get live internet marketing training via seminars and workshops, such as these
2 events below:-
Learn how to make money online in 90 Days at
www.InternetMarketingCoaching.com
Basic internet marketing workshops at
eOneNet.com - Malaysia, Singapore, China / Hong Kong seminars
.
************** eOneNet.com - Make Money Online ************
About the Author
Fione Tan is the President & CEO of www.eOneNet.com,
ranked World's No.1 Internet Marketing Coach in top search engines.
eOneNet has offices in Malaysia, Singapore and Hong Kong
She is Malaysia's representative to the Board of IT Committee in confederation
of Asia Pacific Chambers of Commerce (CACCI) and has spoken and trained over
5,000 people in Internet conferences in Malaysia, Sing
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