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Michalis 'BIG Mike' Kotzakolios

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The Internet is full of opportunities to make money. The problem is that too many of them are rip-offs designed to steal money from people who are looking for an opportunity to make a little extra. So many people look to the Internet as a means to supplement their income either because times are tough, they are looking to get a head a little, or they want a little extra cash around holiday time. Unfortunately, with the number of dishonest people on the net, there are many internet business scams that appear to be good deals and turn out to be money losing messes.

The investment scams are one of the most common scams on the internet. They are really no different than the ones that are tried over the phone. The only difference is the means by which the message is delivered. The advertising for their scams can come through online newsletters, through chat rooms or be placed on flashy websites that make it look like there truly is something behind all the hype. One common tag line states the investment is risk free. Never believe it if you see those words. There is always a risk when getting involved in someone else’s business idea. Internet business scams prey on people who think risk free guarantees taking a chance without losing anything if the deal falls through.

One of the most common internet business scams is the one that claims you can take a mere five dollars and make it into tens of thousands in less than two months. They advertise it as a great opportunity to stay at home and use your computer to make money but in reality it is no more than the old pyramid scam where you make money by drawing others in. If you are thinking of taking a chance and investing in a company you learned about over the internet be careful to ask the right questions before you put your money down. Learn when you will get a return on your money, how much of a risk you are taking, how long the business has been going on and when you can see company statements. If they will not provide you with these then you may be about to be scammed.

BIG Mike is a well known author, developer and Adsense expert as well as the owner of Niche Maniacs - a unique Adsense Marketing System designed to build long-term passive income streams from Adsense, Amazon, YPN, Chitika and other PPC services.

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