How To Know If It Is A Scam By Scam Dictionary

NFA blogs
2 min readDec 7, 2023

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In today’s fast-paced business world, staying one step ahead of scammers is crucial. With new tactics emerging, such as deceptive fake invoice schemes, it’s essential to recognize these frauds. Scams are constantly evolving, and scammers are always learning new tricks. Running a business without awareness is risky; the first encounter with a scam could be a costly lesson.

Scam Busters Use Scam Dictionary To Identify New Scams

Who Are the Scam Busters?

The Scam Busters are a group of business owners and managers who work together to fight scams. They don’t have any main leaders, which means everyone has a say. They’re organized into different chapters, each focusing on a specific type of business, also known as niche industries. By using resources like the Scam Dictionary and the Scam Busters Forums, they share information and stay alert about new scams that could affect their businesses. It’s like a neighborhood watch but for businesses!

What is a Scam Dictionary?

A Scam Dictionary is a comprehensive resource that provides information and insights into various scams, especially those related to business. It aims to educate readers, using simple language suitable for up to an 8th-grade level, on recognizing, avoiding, and responding to scams. Scam dictionary includes entries on different types of scams, real-life stories of business scams, key tips for identifying scams, and strategies to protect oneself or take action against scammers. It serves as a user-friendly guide to empower individuals with knowledge about deceptive practices in the business world and equips them with practical tools to guard against fraudulent activities.

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NFA blogs

Blockchain developer, blogger, web 3 enthusiast and researcher.