As we write this the UK’s economy is undergoing hard times. Many companies are on the brink of going into liquidation or declaring bankruptcy. Although many will struggle and survive others will fall foul to the scam artists whom target small and medium sized companies at times like this. Read why and how they do it and how to avoid being scammed by fraudsters and confidence tricksters.

Many small and medium sized business directors and proprietors are struggling to keep afloat in these difficult economic times. Their task is made more difficult by the activities of scam artist who seem to come out of the woodwork at times like this. That business scams are on the rise at this time is no coincidence as they are on the rise because confidence tricksters and fraudsters can target desperate companies far more easier when they are desperate.

The Cliché “if it is too good to be true it is a scam” is Correct! 

All small and medium businesses are more aware than usual that if they could substantially increase the sales of their products or services they could ride out the hard times and survive into the future. This unfortunately makes them vulnerable. When a fraudster or con artist appears with a seemingly established organisation behind her or him and the virtual guarantee that they can increase your sales ten-fold, most directors of small and medium sized companies will hear them out.

At times like this the directors should ask: How come that I (with all my experience and expertise in my sector) cannot find sales but this man or woman can? The answer is probably that they cannot. The answer is that their scheme, claims for the power of their advertising medium is too good to be true.