Sunday, October 3, 2010

If it sounds too good to be true, chances are it’s not

Scammers are Creative

I have to give the scammers credit, they are creative. Have your received the e-mail stating that someone in a foreign country has money tied up and they need your help. This is called the Nigerian Letter Scam. It is a type of advance-fee fraud. It’s a con-game where the target (mark) is persuaded to advance sums of money in the hope of realizing a significantly larger gain. It preys on our sense of greed and the unsuspecting trusting soul who thinks their ship has finally come in.

The latest variation of the scam preys on inventors. Looking up people with issued patents is easy and with websites popping up to help inventors sell the patents it make it easier for these sharks to find the next victim.

Check out other cool inventions and tips at