How to Identify a Scam
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Online scams are rampant. You could call them the second biggest pandemic in the world today. In fact, 1 in 10 adults in the US fall victim to a scam or fraud every year (that’s over 25 million people if you’re doing the math). What’s even crazier is that scams cost the world $5.127 Trillion each year.
Why are the scammers getting away with stealing your money and what can you do about it? That’s what this episode of the Big Picture Business Podcast is all about. Dominica and Rory pull back the curtain and shine a light on the seedy underworld of scams. They dig into different types of scams such as online ad scams, fake reviews, text message scams, telemarketing scams, mail fraud, military scams, and service-based scams. Not only that but they also give you hot tips on how to spot a scam and what to do if you get scammed.
“Your own distraction is what causes scams to work.” – Rory Carruthers
“If something looks shady, it is.” – Dominica Lumazar
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