BE AWARE OF FRAUDULENT SCHEMES

                  By Dansan Njeru Gitari..I would like you to understand the following:-(1) Conning,=Persuading someone to believe something by lying to them inorder to deprive them of money or possession.(2) Swindling,verb=Wining someone's Confidence by using deception in order to have their possession or money.Both Conning and Swindling are the same plan and they are common to the public.(3)Scamming,verb=Participating in a fraudulent Operations.(4) Phishing, noun=The practice of sending an email pretending to be an Officer from a reputable company in order to induce an individual to reveal personal information:such as ; Password,Id card,bank account, and credit card number.

 (5) Ponzi scheme,=Pays existing investors with fund corrected from new investors.The organizer often promises to invest your money and generate higher returns with little or no risk,but they use it to pay those who invited earlier  and keep some for themselves.Eventually,the number of investors decreases and the Scheme collapses.(6) Pyramid and Ponzi schemes are the same,only that aPyramid Scheme System,is based on recruiting the investors.The number of the investers increases rapidly.Promoters recruit 

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