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Guest post by: Dr Don Yates Sr PhD Become an Author

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Hello friend, I Invest in Scams So That You Don’t Have To! To-date (5 years) approximately $80,000 has been paid out on your behalf. A little history for you, the Internet as we know it today was released 1991; however the very first message to be sent between two computers - a breakthrough that helped usher in the internet and Mail Online - was sent 40 years ago, but crashed after just two letters were received. Celebrating at a small party Kleinrock, who led the team that first got two computers to communicate online via a network called ARPANET, added: 'The internet is a democratising element; everyone has an equivalent voice. There is no way back at this point. We can't turn it off. The Internet Age is here.'

This computer expert could never have imagined that the fledgling internet would one day give rise to Facebook, Twitter and YouTube. He referred to spam emails, online scams and malicious software spread by crooks as an unexpected dark side of the internet.

'The net is penetrating every aspect of our lives,' Kleinrock told a gathering of about 200 people in Los Angeles.

'As a teenager, the internet is behaving badly, the dark side has emerged. The question is when it grows into a young adult, will it get over this period of misbehaving?'

Who am I, just a bored retired Chairman, CEO and President of a $15,000,000 financial services company I started January 1981, La Jolla California. When it comes to money and scams, my company and clientele had seen just about all the various scams known to exist. I was indeed an expert and kept my clients in the green and out of the scammers pockets. I have been online since the first MSN email address since the late 70’s, early 80’s.

Over the years, I consulted client about doing due diligence on large transactions, often employed so-called neutral third parties at hefty fee. To these we added appraisals, feasibility studies and such. At the end of the process, I would have funded the transaction out of pocket if I had had sufficient funds, because I understood the transaction, the risks and the potential ROI.

So two points here, one extensive business and scam experience (over 60 year work history and a dozen businesses) and two extensive experience and knowledge of how to do due diligence. As far as offline scams are concerned, we can read almost daily accounts of so and so or this company or government entity caught in a scam, So let us rule that experience alone will help you from being scammed, although common sense can help in many cases.

Online Warning

According to Internet World Stats 2011 we have over 2,095,006,005 users online, a penetration of 30.2% of the world’s population and a growth of 480.4% for the years 2000-20011, increasing each year. Forty-four 44% growth of newbies coming to the internet each year; wow, what better place is there for a scammer then using the internet!

The year 2010 has been one of the worst years for online scams, with a 111.4 percent increase of malicious website creation since 2009. Websense, the leading information security company, made their online scam statistic findings public. Websense reports that this year, 79 per cent of malicious codes were found on legitimate, trusted websites such as search engine Google or blogging center WordPress. While e-mail scams decreased by 0.7 percent, nearly 90 percent of fraudulent e-mails referred the reader to a malicious site, and 9 percent of scams still happen through e-mail alone.

However, check your Phones. Mobile Phones are being used for nearly everything today – protect your identity and telephone number, 2012 is bound to bring us an increase in phone scams, spam and malware. How many messages are you willing to receive per day before your throw away the phone?.

Top Internet Scams of 2010 Scammers are getting smarter. The invention of Search Engine Optimization (SEO) strategy means viruses can be directed towards a target audience, not just sent in all directions via e-mail. SEO strategizing means a scammer can write a malicious code into a website and then add keywords, or tags, to the page. These tags are what major search engines like Google or Yahoo see during a search. They’re also what’s often displayed when the results of a search load. Using SEO strategy, the scammer can make sure their malicious page will appear near the top of the search results. Victims are actually downloading viruses during innocent web browsing and searching. 52 percent of data stealing attacks this year happened over the internet.

Consider this, how many of the 800 million Facebook users are minors using your age or a false age in order to get an email account to access Facebook? With a growth of new users at 44% or more per year, the scammers are busy and are also growing in numbers.

With such a growth, come the newbies for research, socializing, and games. Many turn to the internet as a last resort to solve to offline financial misery, out of work too many debts, etc. Every new email account and every newbie, whether a minor or not stand to be a scam victim, or a predator victim on the next read or click to a scam or virus. Watch your children online.

Boredom

Believe I already mentioned that. I went online out of boredom, not for any particular cause or financial need. Like many of you, my email was full of junk, opportunities and spam. I click a few; wow many of the offers were outrageous, unbelievable and didn’t make any sense at all. Frankly, I was surprised by it all; who would buy into them, where is the reality? On the other hand; these ads would not exist and be so conspicuous if somebody wasn’t buying into them. Curiosity got me and I did have the time to waste and money to dig into these claims.

I got scammed and scammed again. Mmmm I wanted to know more. So I tried more and more claims and finally found what I would call the ultimate scam. Would you believe an offer that would pay me $20,000 just to click an ad?? Then another and another; I told the wife this isn’t possible, must be laundering money or something, I joined even more, upgraded my accounts and made withdrawal or request for payments.

After a few months, I was earning over $500,000 per day; it became a game, an addiction, and certainly relieved my boredom as I saw my earnings escalate. After 9 months I was earning over $1,000,000 per day. Each of these sites showed their payouts and some proof of payments; so I started questioning support. The few that actually responded were very interesting in how they responded; change of terms, additional fees required for bank transfers, and, and..

Fascinating but

Yes it was can continues to be fascinating but it was a game for me that I could afford to play. However, how many members were actually upgrading their accounts fully expecting payments from their earnings. A simple Google search provided some answers and the Scam word sunk in. Members that could not afford to lose their money were being scammed.

Who was monitoring the internet for scams, weeding out these scams, alerting the public, etc. Who is in charge - You

The Fascination Ends When the Reality Sinks in

Members and internet user that cannot afford to lose their money were being scammed.

What can I do? Some 5 years ago, 2007, I began more research on Google (the simplest form of Due Diligence) , what types of scams, invested in many to see and understand their motus operandi, you learn more, faster on the inside than you do on the outside looking in. Who could help us do business online; what agencies, blogs, sites avoidance sites. We found sites that specialize in one or a selected few scams or another and some blogs and sites were making lists and offering advice. Started collecting data, recording experiences and locating resources and prepared our campaign “How to avoid scams online while doing business” Surely, my investment and experiences online should be of value to others

Our research showed that few will admitted to being scammed and don’t volunteer the information to their friends and family. Strange, isn’t it; have a bad experience with a merchant and you will tell everyone you see, have a good one, and you will only tell a few. No so when you have become the victim of a scam. Others proudly exclaim “I have never been scammed” – which for some reason leaves me with doubts

In 2009, I started our first Internet Scams Anonymous Group and offered a group support manual to share my experiences online. These groups are now free to join and are offered on several social and social business networks online. Our support manual, now known as the Internet Users Handbook, 2012, 2^nd Edition still remains the only internet resource available that addresses the big picture of helping our readers identify, recognize and avoid the broad range of scams as they pursue to start or grow a business online.

Our 2^nd Edition, gave us the opportunity to add the experiences of our Internet Scams Anonymous Group members and to take a fresh look at the manual. We reevaluated the big picture of what our handbook offered, how it was structured, the message that we wanted to get across and how it was presented to our readers. While we may call the 1^st edition a good start, much of our 2^nd edition has been restructured; chapters moved, renamed, rewritten and updated. Our flow is better, more timely, logical and easier to understand. We have connected the dots from doing business offline to online.

I Invest in Scams So That You Don’t Have To! This may well be the last of my many campaigns that I have started or participated in over the last 60 some odd years. Perhaps it is my greatest challenge and will have the greatest impact on those doing business online. From what I have seen and learned, this is a significant and worthwhile challenge, a contribution without measure.

Look us up and help us share our experiences with others and help them avoid the same mistakes that you or I have made. Learn to ask questions, and to do your own due diligence/ Wishing your every success online

Dr Don Yates Sr PhD

Founder “The Internet Scams Anonymous (ISA) Groups”

Author “Internet Users Handbook, 2012, 2^nd Edition”



Thanks for reading

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