They want your money

If you are a recent start up then you should take a look at a list of common scams in operation as published in Times Online.  If you are not a start up then hopefully you know them all, but just in case I suggest a quick read.

I was particularly struck by the one on fraudulent billing.  In this scam you actually receive a cheque to bank by the company trying to commit the fraud.  It's a genuine cheque and it will clear, but in reality it's a sprat to catch a mackeral.  Cash the cheque and bills arrive.  In accordance with terms, undoubtedly in very small print, sent with the cheque.

So nothing has changed then and the old cliche "If it sounds too good to be true - it probably is" still holds as one of the best methods to spot a scam.

Philip Woodgate

Technorati Tags: small business  medium sized business  sme  smb  blogging accountants

Comments

[Heel]

Hello ! This is very good site !!