Industry Insights

Let’s consider some investment options that we should be on the lookout for in the coming year: Binary options, cryptocurrency, real estate, timeshares, and “Sanctuary Belize.” 

Fake securities regulators are only a part of it. You’ll also find fake review sites (prepared by experts, one of them touts), fake customer satisfaction scores, and fake testimonials (featuring stock photos of fake investors). Even fake licenses from real regulators, and, most of all, real licenses from impotent regulators in small, underpopulated island countries you’d probably not be able to find on a map.

You may believe you have “won” a free holiday, but the reality is that the trip promoted will probably end up costing you a lot of money. This telemarketing scam has existed for a long time, and it seems to be very successful. According to the U.S. Federal Trade Commission, millions of dollars are made on telemarketing schemes such as this every month, leaving unwitting consumers well out of pocket.

How we treat the elders of society is a direct reflection of how attitudes have deteriorated to almost the lowest level. Deliberately targeting anyone over the age of 70 has got to be the epitome of stripping the dignity from the members of society we treasure the most.

It’s a great injustice to presume that people who have lost money to online swindlers are naive or stupid. At MyChargeBack, we know better. Having spoken with thousands of such victims the world over, we can tell you that stereotype is simply not true.

People on vacation want to relax, and some may let down their guard when theyre away from their everyday life and activities. Here are some scams to guard against on your next vacation.