Internet Fraud - What is Scam?

Scam can be defined as a fraudulent business scheme, such as ways for obtaining money by means of deception, including faking personalities, fake photo usage, fake template letters, usage of non-existant addresses and phone numbers, and through forged documents.

Scams are commonly found through the internet. Lots of scammers are usually young hackers and programmers who use their deceptive skills to intentionally mislead a person or persons with the goal of financial or other gain. A scammer often works with an accomplice, technically called a 'shill', whose job is to encourage the scam victim by pretending to believe the trickster.

One can sometimes point out a scam by noticing certain contradictions in advertising. It is not always so, but in noticing contradictions, one should double check information from third parties before agreeing to do anything.

Bottom line, if people are deceived, mislead and cheated in a financial scheme, either by what is said or by what is not said, by what is done or not done, it is most possibly a scam.