Category Archives: Economy and Meltdown

Is Vemma a Scam?

I think that every person who gets involved with Vemma either has or will wonder if Vemma is a scam. I have done a lot of research on Vemma and have found out a few details that might surprise you about Vemma – a scam or not?

            One  of the main things you will hear about Vemma is how good for it is for you. Is that statement a Vemma scam to just make Vemma more money or is it really true? It is a true fact that Vemma is a good product and has numerous health benefits, but will the benefits help you or is it just a Vemma scam? One benefit is you can get all your daily vitamins with just a two oz. shot every day. Yes, that is true but will you feel the difference or not? After trying it for awhile most people will come to the conclusion that Vemma is just a scam and will stop taking it, but will shortly return to it because they notice a difference immediately once they are off. I have felt and have seen Vemma change lives for the better several times. On the other hand I have seen some people take it consistent for two months and not notice a single difference. So is Vemma a scam I would say for health try it for yourself and find out. The complement I hear most is “I sure do sleep better at night since I am on Vemma.”

            Most people will wonder is the “money” a Vemma scam or can I really quit my day job after a little while and make more money than I ever dreamed of? I wish I could say that was not a Vemma scam for everyone, but for some 98% it will be a Vemma scam and they will never see that dream come true with the Vemma scam. So how do you be a part of the 2% that do make that dream come true with the Vemma scam? I know that Vemma works and anyone can make a lot of money marketing Vemma (the compensation  plan is real good with pay outs above 60%), but it is all you.

 If you are a person that is really going to get out there and make it happen then you can be the 2% that make Vemma not a scam. Ok, you say you’re going to make it happen but you tried it before and it doesn’t work. The next step to make it happen is you have got to know a few techniques that work… not just do what upline says and you’re rich! (I’ll be the first to tell you that if you do all your upline says you just joined the Vemma scam and you’ll never be rich.) Why is it that 98% fail and make Vemma a scam? They do exactly what their upline says and their upline never tells them statistics 100% true to all mlm’s.

In order for you to have a downline big enough to support you, you have to enroll more people than you, your friends, family, and all your relatives even know. So how do you do that? Or, is Vemma a scam? I know You are the only person that can make Vemma  not a scam so if you are willing to work hard for one year and make more money than you ever have then visit my Free Report @ and I will work with you personally to make Vemma not a scam.  Remember, it is you that decides if Vemma is a scam. The product and the compensation plan work!

Heber Warner (Business Growth Specialist)

Changes to the Way Credit Card Fraud is Reported Could Reduce Bureaucracy

The recent scandal over the credit card details of TK Maxx customers being stolen in epic proportions has once again revived the age-old financial question – just how safe is your credit card? The advent of Chip and Pin in the UK in 2006 caused waves of warning last year when credit consumers feared for the safety of their pin numbers. However, a recent change in the system for reporting credit card, cheque and online banking fraud may help increase consumer confidence when it comes to your credit card privacy.

APACS, the UK trade association for payments and those institutions that deliver payment, reports that from Sunday, April 1 2007, credit card consumers in England, Wales and Northern Ireland would have to change the way they report instances of credit card fraud. The previous method allowed victims of credit card fraud to report to both their bank or building society and to the police. However, the new rules place banks and financial institutions as the first point of contact for victims reporting these frauds, and now eliminate the need to inform the police as well.

These changes to the way that card, cheque and online banking fraud are being reported follows on from the introduction of the Fraud Act in 2006, and are the product of discussions between the Home Office, Association of Chief Police Officers (ACPO) and the financial sector. These new procedures aim to reduce the level of bureaucracy involved in the recording of fraud.

Sandra Quinn, director of communications at APACS, commented: “This change simply removes an additional level of reporting and will provide greater consistency for the reporting of fraud losses in the UK. APACS will provide the Home Office with the industry’s fraud figures for cheque, plastic and online banking fraud losses – these losses will then be published as part of the government’s annual crime figures.”

Ms Quinn added: “The threat of fraud is, unfortunately, a part of our daily lives. Although card fraud losses have decreased for the past two years, the industry remains committed to a multi-layered approach to tackling card fraud.”

Earlier this year, APACS released its full UK card fraud figures for 2006, which showed that total losses have fallen by 3% in the past year to £428 million.

If you’re looking for a new , but you’re unsure as to which banks and financial institutions offer the best protection against credit card fraud, you’ll be able to seek help from a variety of online consumer comparison sites that will advise you on which credit card is best for your personal and financial needs.

Andrew Regan is an online, freelance journalist.

Sneaky Nigerian Scam

Copyright (c) 2009 Vivienne Moore

The Nigerian scam is known world wide and there are many facets to this notorious scam it is almost like a computer bug that is constantly changing to lure money from people with lies and deceit. Some of the lures of the Nigerian scam are Advance Fee Scheme also known internationally as “4-1-9” fraud claiming to be a well known official of a bank deceased estate. They have always clear at the end requesting your personal details.

The covert and extremely underhanded tactics of the newest version of the Nigerian scam in obtaining your email address and attempting to build a rapport with you to steal your money.

Some of their focus is concentrated on sites like article directories by giving a positive comment to your article and sending a personal message through the article directory site.

My email addresses have received the Nigerian scam in the advance free scheme on numerous occasions using various names and banks or business transfers which is more obvious than their current scheme.

Article Directories are targeted with the current Nigerian scam as the initial contact and giving a positive feedback on you article and asking if they can exchange emails and photos with you. So on outside it appears very innocent, through exchanging personal emails.

The initial contact is through the article directory via the contact author area, which is forwarded to the author or article writer, the Nigerian Scam then starts to unfold.

The web of deceit is spun with a poorly written email complementing you to draw you into the Nigerian scam. It may include how they rated your article or that they felt some sort of connection to you. SNEAKY!

Curiosity made me reply using a dead email address. The reply to the Nigerian scam email was simply I was confused about the content of the email. Several days later a reply was given.

The Nigerian scam relies on the recipient’s empathy by spinning a web of deceit with a tragic story of the death of both her parents in front of her and escaping to a refugee camp at Dakar Senegal.

The reply email from the Nigerian scam is easier to understand and the story line makes you feel sorry for her and making it more personal with the photo.

The Nigerian scam photo doesn’t fit in with my expectations of a refugee, the background seemed to be of a pub or bar not a church and she seems to have a smug smile on her face and definitely doesn’t show signs of stress and trauma.

My name is Olivia Konan I’m 24 years, from Ivory Coast in West Africa. I am 5′ 7″ tall, fair in complexion Single (never married before) I am presently residing in the refugee camp here in Dakar Senegal as a result of the civil war that was fought in my country.

Another alias name for the Nigerian scam is Tata identical emails and photos of the same girl in various shots so the Nigerian scam baiting uses the sad story to lure or bait the next victim.

My late father Dr. Herbert Konan was the managing director of Konan’s ventures (Ltd) and he was the personal adviser to the former head of state before the rebels attacked our house one early morning and killed my mother and my father in cold blood.

The Nigerian scam is using baiting with the death of her father Dr. Herbert Konan and when you google this name you will find that it is a serial letter aimed at scamming people and you may even find the follow up emails and more photos from other people who have received the Nigerian scam baiting emails.

The ingenious and inventive scam of the Nigerian scam baits people to frisk them of their cash so always be alert to new tactics that may be used

I have been an online marketer for over 10 years and I have found countless numbers of get rich quick, make money, work at home scams that the internet pirates set up so they can steal your precious cash. So I decided to investigate to find out which products where legitimate work at home businesses and to expose the online pirates. Find out more

Having Trouble With Click Fraud?

Click fraud involves the process of intentionally clicking ads listed on your website for the purpose of earning money rather than intending to view the products of the advertiser. Adsense involves placing ads on your website for other businesses. The way your website makes money is determined by the number of clicks to the advertiser’s link. Most websites who participate in Adsense are honest. However, the issue of click fraud is happening more often on the internet as the owner’s of some websites have found it an enticing method of generating more money from the advertisers.

With the onset of click fraud, software has been designed to analyze data based on the traffic to a website. This information is used to determine the possibility of click fraud. If you advertise this way you should invest in click fraud software or you may pay more for advertising than you should be. This software costs from $99 to $299, so it is very cost effective. It is believed as much as 20% of the cost advertisers are paying out each month is due to click fraud. With 3.2 million dollars generated each year for this type of advertising, 20% is a very high dollar amount to be losing!

A common method of click fraud involves an online robot that clicks away at the advertisements listed on a particular website. This is the quickest method. Others either do it themselves, clicking away at the ads on their own website or they hirer others to perform the task for them at a price much less than what they receive in return from the advertisers. Sometimes click fraud is done not to make money but to sabotage competitors. This is done by finding websites that advertise for them and continually click the ads. This will then cost that competitor a great deal of money they have to pay out for advertising without any hopes of generating additional sales from that cost.

Those who participate in the act of click fraud should be very careful. There are strict guidelines in place by Google to protect the reputation of their Adsense operations. Anyone caught participating in click fraud will be banned from further advertisements on their website. Google has invested 2.7 million for their Fraud Squad. They feel this investment is worthwhile though as click fraud is a serious issue. It has the potential of destroying the entire advertising industry online as we know it.

There are legal issues involved as well. A California man was charged with obtaining more than $150,000 due to click fraud in 2004. He has been indited by a Grand Jury. However, there are no state or federal laws yet against click fraud. This particular man was only indited in his scam because he came clean about it with Google in a blackmail scheme. He was going to sell his secret of how he did it to Google for another $150,000. If they didn’t give it to him he threatened to keep on doing it. If we can get state and federal laws to see click fraud as a classification of fraud with the possibility of a felony charge and jail time it may deter the amount of click fraud that takes place.

As a provider of such advertising don’t be tempted to click on the ads yourself or with an automated system. The risk of getting caught is very high as are the financial and legal repercussions. As an advertiser pay close attention to high changes in advertising costs through Adsense. Take the time to question these increases. Is it click fraud or great increases in traffic? Have sales increased? It is a great idea to invest in click fraud software as well to protect your business as well as your advertising budget.

Terry Detty, 42, enjoys his time away from work and getting out for a breath of fresh air occasionally. Need Search Engine Marketing, Search Engine Marketing Software or Meta Internet Search Engine

Bank Fraud – Attacks From Inside and Out…

According to US federal law, bank fraud is knowingly committing or trying to commit some deceitful scheme to…

1. Defraud a financial institution; or
2. Obtain funds, assets, credits, etc., under the control or custody of a bank or financial institution
through fraud, misrepresentation, or false promises.

The maximum penalty for bank fraud is $1 million. The maximum punishment is 30 years. The court may mete out one or the other or both.

Not Necessarily a Bank

Although the crime is called “bank fraud”, it’s a mistake to assume that the law applies only to fraud against banks or financial institutions. The second subsection of the law also includes funds that are in the “control or custody” of the bank. So the bank need not be the loser in the fraudulent act.

For instance, a perpetrator engages in fraud that results in victims mailing him checks, which he cashes at a bank and pockets. The perpetrator could be charged with bank fraud. Forging checks (or the endorsements on them) could also be subject to charges of bank fraud.

Making False Statements

Federal prosecutors often charge perpetrators of bank fraud with making false statements to financial institutions. Making such false statements is defined as
1. Knowingly making a false statement, or overvaluing property
2. To influence in any way
3. The action of a bank or financial institution.

This is also a federal crime and carries the same maximum penalties as bank fraud.

Insider Bank Fraud

There are seven bank fraud schemes commonly perpetrated by persons operating within a financial institution. These are

1. Demand draft fraud – Typically perpetrated by a corrupt bank employee who makes a demand draft payable at some distant location without debiting any account. It’s cashed at the remote branch.

2. Forging or making fraudulent documents – Usually done to conceal a theft

3. Identity theft – A corrupt bank employee may give personal info to an identity thief who could obtain credit under the victim’s name.

4. Making fraudulent loans – A bogus company or one that soon declares bankruptcy takes out a loan with the collusion of a corrupt bank officer.

5. Rogue trading – Perpetrated by a highly placed bank exec, rogue trading involves using the bank’s funds to make speculative investments to make a quick profit. If the speculation pays off, the rogue trader pockets the profits. If losses come one after another, a scandal may ensue, and/or the bank may collapse.

6. Uninsured deposits – Some banks are not licensed to operate and are therefore uninsured (or vice versa). For instance, in 2002, a Washington bank called Chase Trust Bank was found to have no license after it was exposed to be unrelated in any way to New York’s Chase Manhattan Bank.

7. Wire fraud – Banks use wire networks to conduct business among themselves. Wire transfers are nearly impossible to undo and are thus vulnerable to corrupt insiders.

Outsider Bank Fraud

Following are a dozen common schemes perpetrated by people who are usually outside the financial institution, but nonetheless charged with bank fraud:

1. Accounting fraud
2. Booster checks, where un-cleared checks are credited to boost a credit balance
3. Check kiting, where cash that’s in transit (i.e., nonexistent) is stolen
4. Duplicating or skimming card data, copying magnetic stripe info off a card for duplication
5. Forgery or altering checks
6. Fraudulent loan applications
7. Identity theft
8. Internet fraud
9. Money laundering
10. Prime bank fraud
11. Stealing checks
12. Stealing payment cards

We all want to think we are safe but are we? If you want to know more about the different types of crimes committed today, is offering FREE ACCESS to its Criminal Records Information section. If you have a nagging suspicion on someone, run a criminal check on him or her today!