International Law

15 Amazing Scam Artists' Tricks

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Jack Payne, the previous editor of Business Opportunities Digest, which undoubtedly exposed him to a great deal of fraud, has a great 15 step con trick essay, and I want to highlight two of his observations:

"1. Shoot for only a small, initial amount of up-front money.

Maybe $69, say, for a tape, DVD, and / or an information kit of some kind.. This, on the premise that, once the sucker has paid a bit of his required dues,, it's easier to squeeze more out.

2. You must get your investors to forfeit their rights to legal action any way you can.

Give them a--"ho hum, just routine"-- document to sign. Pull this out from under a pile of documents, as if it is so insignificant it almost got lost.

Or, hide your disclaimer in a nondisclosure agreement, in the smallest of small print you can arrange with your printer to crank out.

Object being to make your victim think his eyeballs would bleed if he tried to read it."

Read the entire article about the 15 tricks a con fraud uses.

Full post as published by Misleading Advertising Law on February 13, 2009 (boomark / email).