Tantamount to paradigm shift in communication created by Alexander Graham Bell’s invention of telephone, Internet provides a medium for instantaneous access to information, business decisions, transactions, and personal interactions. As Edward Blake divulged dual sides of human spirit in “Songs of Innocence and Experience”, likewise there is a dissonant dark side on Internet.
Wolves cloaked in sheep’s clothing menacingly lurk on Internet, waiting to fleece their next innocent lamb, commonly referred to as “net newbie”. Once their victim is sighted, end result is a virtual net newbie nightmare, as ravenous wolves siphon money into their gluttonous bank accounts.
There are five notable fleecing schemes focusing on innocence of net newbies, as well as other naďve, unsuspecting Internet surfers:
1.Retail Fleecing -- Expensive high-value items are offered at low or discount “Internet prices” or auctioned off. Typically wolves possess exceptionally efficient systems for amassing your money, but inevitably dispatch either never occurs, or an inferior product is received. Synonymous to pulling light out of a black hole are net newbies retrieving refunds.
2.Business Fleecing -- Better expressed as “scam, slam, thank you ma’am” identify business opportunities promoting fast-track money, e.g., $35,000 in 10 weeks, $100,000 to $500,000 in one year, lotteries, money doublers, etc., may appear feasible, but are not probable.
Many wolves purport years of slaving over Internet until one day they “miraculously” discovered an amazing money making system that has netted them millions of dollars, and they are eagerly willing to share their “secret” with you for a nominal fee. The only phenomenon these wolves discovered was how to profitably fleece net newbies and other naďve internet victims. Realistically, starting an offline or online business takes time, dedication, commitment, work, and effort.
3.Investment Fleecing -- Scalping and “pump and dump” schemes are most popular. “Pump and dump”, a hybrid market manipulation wherein a company desiring to increase sparsely traded stocks, or stocks of shell companies, disseminate false information to boost trade. Holdings are then sold (dumped) before stock price drops again.