Can someone please define the Definition of scam to me?
@UnitedWorkers (219)
United States
November 11, 2009 1:02pm CST
It really shocks me how loosely the word SCAM is used here on mylot. 90% percent of the sites talked about here are ptc and paid to post. most ptc and ptp or free to join, they cost you nothing, unless you invest and most follow the rule never invest until you have paid by the site a few times. now if 95% of members only collect payments and never invest. These sites do not stand a chance unless they have deep wallets, and the sites simply shut down. Know if you have nothing invested, well except the 3 mins it takes to log in and click 4 ads and do not think you should feel scamed. Businessess shutdown everyday because they can not afford to pay the staff, but they are not in headline news as a scam. On the other those that have large amounts of money invested in a site that closes it doors and runs with your money, I would say you were SCAMED. So could some please define the word scam to me?
4 people like this
4 responses
@LetranKnight25 (33117)
• Philippines
12 Nov 09
hello United Workers, A scam is something fake and it's intention is to lure to into a fraud activity which they would asked you to gave money to them and in return they will pay back with bigger amount. but in reality, that is actually a scam that they tend to run away if they ever get their money from you or if the users got suspecious that the site isn't paying anymore
@redthaidevil (1047)
• Thailand
12 Nov 09
The word SCAM, my definition, is a site that offers lots of things to us which then we spend time and some might actually invest on then they just run away and we earn nothing. We will lose time and money thus calling that website a scam. Well I think I can't find a better discription of that word. Happy mylotting.
1 person likes this
@Fulltank (2882)
• Philippines
11 Nov 09
A scam is an attempt to defraud a person or group by gaining their confidence.
Just as there is no typical profile for swindlers, neither is there one for their victims. Virtually anyone can fall prey to fraudulent crimes.Certainly victims of high-yield investment frauds may possess a level of greed which exceeds their caution as well as a willingness to believe what they want to believe. However, not all fraud victims are greedy, risk-taking, self-deceptive individuals looking to make a quick dollar.
Scammers often rely on the greed and dishonesty of the target, who may attempt to out-cheat the con artist, only to discover that he or she has been manipulated into losing from the very beginning. This is such a general principle in scams that there is a saying among con men that "you can't cheat an honest man".
This one I got from wikipedia. Link below for further reading:
http://en.wikipedia.org/wiki/Confidence_trick
