WHAT is a scam? From the numerous definitions, business-wise, it is seen as a fraudulent business scheme, meant to victimise or deprive people by deceit. Even if the proposition does not seem as such at first, more importantly there is an attempt to intentionally mislead a person(s) into believing a product or story in order to attain a goal of a financial or other nature.
Now that we have a definition, let’s look at some instances we have here today in the real world and see how to deal with the so-called scams.
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