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Better Business Bureau outlines the top 10 scams – infographic

Top 10 scams

You’ve heard of the spectrum of scams ranging from major mortgage straw buyer schemes to the Nigerian Prince emails soliciting money. The Better Business Bureau (BBB) studied the top scams of 2010 based on inquiries, complaints and complaints settled over the last year.

The BBB notes that one of the top 10 scams is the “rogue home repair/roofers” which charges an up front fee, claiming they can do repairs at a lower cost than competitors, with victims being out the money from unfinished or never started repairs.

The anatomy of how a scam works below is also of note for anyone using the internet, as scams typically work because they look legitimate.

Click to enlarge.

Bonus: web geeks should note the use of web culture references by a traditional company like BBB.

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13 Comments

13 Comments

  1. Joe Loomer

    July 28, 2011 at 7:22 am

    Wonder how far down the list the Craigslist scam to rent out vacant homes is. You know the one – scammer canvases homes on the market to find vacant properties, advertises the home for rent on Craigslist, prospective tenant sends money for keys, arrives to find keys don't work and home is NOT for lease.

    Navy Chief, Navy Pride

  2. RealTVCritics.com

    July 28, 2011 at 11:57 am

    Watch out for another scam from Mongo Rewards. Mongo Rewards Scam is fronting as a payday loan service and will tell you that they will put money in to your account and then steal up to $100 out of your checking account. The FTC and the FBI are investigating their owners who were involved in a previous scam back in 2007. But these people are back in business so watch out for Mongo Rewards Scams.

  3. Mike

    July 28, 2011 at 8:28 pm

    Ha! BBB is a scam itself if you beleive the ABC story from a year ago. I think 60 minutes did a piece on them as well, accusing them of a "Pay for an A" scam. I don't put much stock in BBB, but this is a harmless article.

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