Foreign Investment Letter

Another popular email scheme is an email from a foreign country stating that they have millions that need to be transferred to United States but need a bank account to finalize transaction. The sender of email is willing to give you a percentage of amount transferred in exchange for using your bank account. Never submit your social security number and checking account or credit card number via an email or an unfamiliar website. This is also known as Nigerian letter fraud and among one of highest dollar loss frauds with an average of $3000.

Online Dating

You would also be surprised how easily people give their hard earned money away to people they meet over internet but not in person. The victim meets someone in a chat room or message board and builds a friendship with perpetrator who usually sends victim a picture of an attractive person. When time comes to meet, schemer admits to not having money for airfare and expenses, so victim sends money via Western Union or similar money transfer service, never to hear back from person again.

Avoiding Scams

Here are a few ways to avoid becoming a victim of a scam:

1. Do not disclose your social security number, credit card or banking numbers to anyone you do not feel comfortable with.
2. Check with Better Business Bureau (BBB.org) and Scambusters.com before making a purchase from an unfamiliar website and company.
3. When purchasing items online avoid force seller tactics. If they can’t wait, then tell them you’re not buying. Whenever possible, use escrow. Escrow is a third party who holds money until item or service has been delivered to buyer.
4. Avoid Western Union or similar forms of payment at all costs.
5. Most importantly, do your research.

Please visit IFCC or view annual report at http://www1.ifccfbi.gov/strategy/statistics.asp for more information about internet fraud.

One more thing: It doesn't need to take very long to write an ebook. Why? Because many "book books" are like encyclopedias in prose form - they cover everything imaginable about topic.

eBooks aren't like that. They go right to meat of what people need to know to solve a problem. They have information about everything necessary to solve a problem, but no "filler" information that takes so long to write - and takes readers so long to sift through.

Here are four mistakes ebook authors make that typically reduce or prevent sales:

1. They don't write to a specific, target audience. The biggest mistake most ebook authors make is they don't clearly define, identify and visualize who they are selling their ebook to. On Web, to be successful, you must write to a specific group of people who have specific interests. Make sure that you know exactly who is going to buy your ebook, and where you can find them online.

2. They don't automate as many of their business activities as possible. Selling ebooks, though it is highly profitable, is not a business where you make hundreds of dollars per sale.

Automate everything you can - credit card processing, ebook delivery, as much technical support as possible.

3. They don't have a compelling title for their ebook. Use words that convey benefit of what's in ebook, as well as words your audience is familiar with.

A bad title for an ebook: "Online Marketing for Newbies." A good title for same ebook: "97 Ways to Promote Your Website - No Experience Required."

4. They try to cover too much ground. Many ebook authors convey a lot of information but don't cover anything in-depth. As a result, they never fully explain anything in enough detail to provide any useful value to their readers.

As long as you are aware of these mistakes and put in a little effort to avoid them, your chances of success are VERY high.

So, if you know a lot about something - or even if you don't - you can put together and market an ebook quickly, and make a lot of money quickly as well. The large traditional publishers may never understand or agree with this, but that's actually to your benefit. It keeps playing field level and offers you, entr epreneurial author, unlimited opportunities for many years to come.

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