, (PressExposure) July 03, 2008 -- Home business and work-at-home scams are on the rise. Some are outright illegal or unethical whereas others will just take your money away and without giving you any benefit in return. The Internet started out as a mysterious place, full of surprises and fascinating things, and to many, it is that way even today. Perhaps the more common things such as Email and messenger, etc. may not sound that fascinating but the idea of making money with them is hard to pass up. That is why people get hooked and fall into this trap.
One common type of scam is a pyramid scheme. The pretext here is that you sign up other people and they sign up more people in turn. The higher you are in the pyramid, the more money you make from a share of the sales that each person makes. The problem with these is that there is more incentive to sign more people up than actually providing quality products to sell. In fact, pyramid schemes can be considered fraudulent by the federal trade commission. Read more at http://www.scambusters.org/work-at-home.html
Many Internet scams claim to teach you how to make money with affiliate programs, Ebay, stocks or foreign exchange trading. These methods can be profitable if done right. However, they require dedicating way more time, effort and skills than what you are made to believe. Donât be fooled by the money-back guarantees, testimonials, âdocumentedâ proof and huge income potentials. In many cases these can be exaggerated or simply false. They know that most people are too nice or too lazy to try things out or ask for money back.
However, it is true that the Internet economy is growing rapidly. Suzanne Morrison, founder of HomeBiz-Direct at http://www.homebiz-direct.com, points out â âPeople are beginning to lose faith in the Internet as a way of making money online because of scams. The important thing is to think about what is right for you. Be pragmatic, research opportunities thoroughly, run your ideas past friends, family and experts in the area to get their opinion before making a decision. Focus on one goal and one business opportunity at a time. At Homebiz-Direct.com, we understand this and only recommend opportunities that we have tried, tested and believe inâ. [http://www.homebiz-direct.com/businessOpportunities.html] may be a good place to start looking for legitimate Internet home business ideas.