Con Man Focus - Finding Small Business Easier Marks
Released on = August 16, 2007, 3:47 am
Press Release Author = Jack Payne
Industry = Law
Press Release Summary = Small businesses facing greater challenges in fighting off the con man due to inexperience and under-staffing
Press Release Body = Magalia, California--August 17th 2007--The con man is setting his sites on small businesses for a number of reasons, according to veteran business book author, Jack Payne. He reports an extensive list of citations:
The inexperience factor. So many of the more complex cons pulled on major corporations have been played out. Defenses are up More highly skilled personnel have been brought in to thwart the scamsters. And better, quicker reporting has cut into their scam-power Hence, the con man is looking for, if not greener pastures, at least, easier pastures, and is finding these among small businesses who cannot keep up with the giant companies\' staffing capabilities.
The fear factor. Small businesses are, relatively, financially weak. Thus, the con man is finding they are more prone to \"go along\" with smaller dollar scams. They tend to sweep them under the rug, if \"taken,\" absorb them and move on.
The embarrassment factor. Usually well-known and respected at a personal level in local communities, the human element in a small business is more widely exposed than it is in the large, faceless corporation. This makes it easier--it is believed--for the con artist to shame his victim into silence once scammed.
Here are a representative few of the flashing red lights of warning:
The restaurant patron refund demand. This involves a letter to restaurant owners--probably hundreds of them around a major city--demanding an unsatisfactory meal refund in a nominal amount--usually anywhere from $8.99 to $25. If properly threatened, the proprietor is most often tempted to just pay, and have done with it.
Charity fraud. This is rampant. Small businesses are especially vulnerable to such scams. Because of their community status, the generally held notion is that their \"image\" must be upheld at all costs.
Voice mail access scams. PBX (Private Branch Exchange) remote access features are a prime target for hackers, who can quickly run up thousands of dollars in charges.
Phony invoices. This is a traditional scam that seems to never die. Local media, yellow pages advertising, and organization memberships are the most often pitched scams, but these also include just about every other product and service imaginable.
Government document ruses. a phony questionnaire is sent, together with a demand for a fee in the amount of, usually, $100-$200. Failure to comply would result in a $2,000-per-day fine is the common threat.
Energy \"shocking,\" similar to phone \"slamming\" is a popular scam in the many states which have deregulated energy, allowing for a variety of providers.
\"Remember Werthen\'s Law: Assumption is the mother of all screw-ups,\" adds legal thriller author, Jack Payne. \"The reason more inexperienced people are sought out is because it is believed they will be more prone to \'just go along\' with whatever slight of hand trick is flashed at them.
\"Just remember one principle, when dealing with any stranger in business,\" Payne concludes, \"Any time things appear to be going better, you have overlooked something. Then, follow your instincts. Act defensively, accordingly.\"
About:
The Con Man\'s Blog, and first 2 chapters of Jack Payne\'s legal thriller book, Six Hours Past Thursday, are now available online. Readable for free. You are invited. www.sixhrs.com
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Non-public contact:
Jack Payne Impact Books Box 1677 Magalia, California 95954
jackpayne@sixhrs.com
(530) 877-5462
Web Site = http://www.sixhrs.com
Contact Details = Jack Payne Impact Books Box 1677 Magalia, California 95954
jackpayne@sixhrs.com
(530) 877-5462
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