SCAM is Fraud and dishonesty; there are no two words about it. With the development of computer facilities and communication activities Scamming has reached an epidemic level throughout the world. Day by day it spreads so fast that unless the world leaders take immediate measures to control or stop it, consequences will be disastrous in near future. 90% of scams take place through internet.

Scams are so lucrative, they appear in various forms and very often they are presented in such a way so that it is difficult to distinguish fact from fiction. It can be an unexpected prize draw or lottery win, or a chance to invest in an exciting new money-making or investment program. Every day, people throughout the world and even the highly qualified computer engineers, program writers, technicians and scholars fall victims to scams of one kind or another. Any one engaged in a scam primarily aims at grabbing quick money. So money scam schemes have risen up to the first position in scamming projects. Political, Religious, Internet, Investment, Work at home, Insurance, Credit Card, Scholarships, Project proposals and promotions, Tours and Travel, Corporate, Sports, Medical Services, Websites, Telemarketing, Career opportunity are just a few to be mentioned among thousands of scam schemes that are already actively functional.

How to recognize Scams?

Just as the use of Internet serves as an excellent tool in various activities, it is also being used by thousands of fraudsters to mislead people and take them for a ride. Hence, at this juncture one has to be very careful and wise in recognizing truth from fiction. People are capable of reaching thousands of individuals via internet at a time and build up relationship with one another. In the same way it is easy for fraudsters to communicate their messages through news letters, bulletins and videos which look real and convince the viewer. There is one major clue whereby the viewers can distinguish truth from scam. That is by analyzing exaggerated language used by the fraudsters in promoting their services/products. If something sounds too good to be true it is probably a scam. But it's nearly impossible for investors to tell the difference between fact and fiction.

How to Avoid Scams?

One has to be knowledgeable about facts in avoiding scams. Facts have to be verified in the first place before thinking of investment in any company, institution or project. Verification about the stability, current status of financial strength, actual details about the ownership of the company or institute, facts about the board of directors and any other important details must be carefully checked in order to be safe from scams. With watchful attention and continuous checking before responding to advertisements and other material appearing in the internet scams can be avoided.