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SpamLaws News

Steer Clear of the Betting Scam - 11/19/2007

Another type of scam consumers should be careful of is the betting scam, warn the contributors of the SCAM watch website. The betting scam involves buying software that potentially increases your odds of winning in a horse race and or other betting sports. These betting software systems promise to predict winning results. Advertising, to produce winning predictions based on the weather conditions, the horse's health, and the experience of the jockey. But in truth, this software doesn't give the huge returns it promises and can cost consumers around $ 1,000 to up $ 15,000 dollars. Once purchased, the consumer cannot refund it or get their money back.

Source: SCAM watch



SpamLaws News Archive


The Egg-in-pants Scam12/10/2007
Pacific WebWorks’ Add Fraud Protection for Customers11/30/2007
Unemployment Fraud Stats in the States11/27/2007
Steer Clear of the Betting Scam11/19/2007
Seattle Man Could Face up to 20 Years for ID Theft11/09/2007
IRS warns taxpayers of the wildfire donations scams11/08/2007
Canada Revenue Agency Issues an E-mail Scam Warning11/07/2007
Uganda's Vaccine Scam Increases11/07/2007
Alarming Number of Singaporeans Fall Prey To Lottery Scams11/05/2007
Conman Jailed for Exploiting the Elderly11/05/2007
Entrepreneur faces $477M Civil Suit for Fraud11/05/2007
In 2003, more than 10 million Americans fell victim to identity theft.

Identity theft costs business and individuals $53 billion dollars annually

In 2003, Americans spent 300 million hours resolving issues related to identity theft.

70% of all identity theft cases are perpetrated by a co-worker or employee of an affiliated business.