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  1. Dec 20, 2022 · Online business scams have been steadily rising, with the Better Business Bureau reporting an 87% increase between 2015 and 2022. Some businesses accept payment for products or services and ...

    • Pauleanna Reid
    • The Consequences of Online Business Scams
    • Success Is The Best Revenge
    • Related Reading
    Obviously, you’ll lose money and may damage your reputation.
    Google knows about scams and the minute they associate you with one, you’re doomed to fail. The same applies to email service providers, who can block IP addresses or keywords and send your emails...
    It’s entirely possible that the ‘program’ is illegal in Canada. If you’re actively recruiting others to sign up for a pyramid scheme, for example, you’re breaking the law. The punishment is severe,...

    The saddest part of scams isn’t the money people lose, it’s that they may never try again. If you’ve been scammed by an online business scheme, don’t give up! There has never been more legit opportunities to make money online than there is right now. You’ve learned a valuable lesson that will help you find them. Please share your experience or ques...

    10 Low-Cost, Part-Time Businesses you can Start Online from Home Checklist: How to Start a Profitable Online Business in Canada For weekly inspiration, insights, tips, and resources, sign up for the Online Business Canada newsletter! 7 Recession Proof Online Businesses To Start From Home Expert help to choose, start, and run a successful online bus...

  2. Oct 10, 2023 · If you get an offer on a business deal that sounds too good to be true, or receive an unexpected password reset request for one of your company’s accounts, you may be dealing with a scammer. If you do get a message that appears to be from a legitimate company, it’s still a good idea to do your research on them.

  3. Before doing business with a new company, search the company’s name online with the term “scam” or “complaint.” Read what others are saying about that company. Ask people you trust for recommendations. You also may be able to get free business development advice and counseling through programs like SCORE.org. Common Scams that Target ...

  4. Here are some of the most common scams used against business in Canada and some tips about what to look for and how to protect your business. Business grants and loans scam; Directory scam; Office supply scam; Phishing, spear phishing, whaling, vishing, smishing; CEO scam; Intellectual property renewal notices scam; Malware and ransomware

  5. Aug 9, 2023 · Payments fraud is among the most common type of fraud experienced by Canadian businesses, with over one-fifth of owners reporting an incident in 2021. The most common types include credit card fraud, wire fraud and cheque fraud. 1. Credit card fraud. In 2021, 17 per cent of businesses experienced credit card fraud. As many companies both make ...

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  7. If you’ve ever thought about starting an online business, being your own boss, or earning a living from investing, you’re not alone. But many people looking for ways to earn money are finding scams disguised as legitimate business offers, coaching programs, and investment opportunities.

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