21 Business Scams and How to Avoid Them

Pageflex Persona [document: PRS0000026_00005]Running a business is tough enough, but unfortunately that doesn’t mean that other people aren’t in the business of making it even more difficult. Advancements in technology have made it even easier for would-be scammers to easily dupe business owners out of their hard earned money. As these bottom dwellers become aware of new underhanded ways to subtly infiltrate even the savviest of defensive maneuvers, business owners everywhere are finding themselves falling victim to fresh and new-fangled tactics. It’s incredibly difficult to consistently stay on top of these rapidly emerging trends in the scam industry, thus leading to a perpetual cat and mouse game waged everyday in the lobbies and warehouses of workplaces around the world.

Rip-offs are responsible for thousands upon thousands of dollars in lost earnings for businesses each year. The sad truth is that in many cases, recouping the money lost from a successful con can cost more to a company than was lost in the first place, and therefore many are simply ignored. Most scams involve the swindling of only small amounts of money from a large number of companies which adds to their overall success, and the likelihood that their acts will be overlooked by the majority of those affected. For this reason, it’s important to be aware of potential scams seeking business targets in order to avoid them before they become a problem for you and your organization.


 

 About the Author

Tina Kowalski is a business professional with over fourteen years in corporate administration and a freelance writing background. She resides in a Cleveland suburb with husband Rob, son Dylan and yorkie Porkchop, and enjoys writing, reading, painting and the ocean.

Note from the Author:

I am a freelance writer of two years specializing in SEO web content writing as a hobby behind my career of fourteen years in business administration. One of the fastest growing trends that I have seen in my daily duties is the ever-expanding reach of scam artists in terms of targeting businesses of various sizes. It’s my job (amongst many other things, of course) to prevent scam artists from taking advantage of the company that I work for in addition to educating the front line staff to identify and recognize, as well as divert and report, attempted scam attacks. What I have noticed is that not only is the frequency of attempted scams increasing, so is the clever manner in which the scams are being presented. For businesses, this presents enormous challenges simply to keep up with the new techniques and new methods of bamboozling businesses out of their revenues.

 

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