How to Keep Scams from Hurting Your Business

At even the best of times, it can be challenging to be a business owner. Unstable supply chains, unreliable employees and, yes, pandemics can throw a big wrench into things. The last thing you need is a scammer showing up and trying to take advantage.

Business owner managing his buiness

Photo by Monkey Business Images, courtesy of www.shutterstock.com

Unfortunately, scammers are everywhere. That’s why it’s so important for you to know how to identify them and stop them from affecting your bottom line.

Whether they come by phone, email or even in-person, you can stop scammers in their tracks by knowing the following:

Phone/Text Scams

We’ve all gotten them: calls or texts from phone numbers that look familiar.…

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The World’s Most Famous Scams

Scams are part of the business world.  To keep yourself and your business ‘safe’, you need to be aware of the various types of scams.  One of the best way to get educated in the Scam 101 is by learning from ‘the best’ (read: infamous scammers.)

Scammer

Here are some of the world’s most famous scams – read on, and learn how to deal with scams better.

Bernard Ebbers’ greed

This former Baptist college physical education teacher founded Long Distance Discount Services Inc. in 1984. (LDDS). The organization eventually grew into the second largest telecommunications holding company in the United States. Ebbers’ closest business partners were the pizza delivery guy and the DJ.…

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Watch Out for These Three Most Dangerous Scams in Mexico

Did you know that Mexico is one of the most popular travel destinations in the world? Just last year, Mexico was a host to 11.44 million international tourists according to the Mexican Tourism Board. Out of these tourists, 7.86 million were US citizens.

Scams in Mexico - beware!

This is not at all surprising, given that Mexico is home to the most UNESCO World Heritage sites in both South and North America. Mexico also offers a vast number of beautiful beaches, ancient ruins and incredible cuisine.

But one thing that constantly threatens to spoil your business trip to Mexico is a high crime rate and a number of crimes and scams aimed at visitors.…

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Scams (Old and New) That Target Small Business Owners

Just because your a small business owner doesn’t make you safe from money-hungry scammers looking to separate you from your hard-earned cash. As technology improves, scams become more elaborate.

Following, you’ll find some of the most popular scams – those which seem simple on the surface, yet still dupe thousands of unsuspecting businesses each year.

scammer

Directory Scams

Criminals know how badly you want to increase/maintain your marketing reach, so they use the good ol directory scam.

They might call, fax, email or otherwise solicit you indicating that it’s time to get your business listed in the back of the local phone book, or an applicable business directory of some sort.…

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