NAME: Pyramid Scheme NATURE: illegal SOLE PURPOSE: Recruitment PROFIT GENERATION: Recruitment commissions ENTRY MODE: Payment of entry fee ‘investment fee’ PRODUCT/SERVICES: None but if present, they are usually overpriced poor quality difficult to sell little value to the consumer OPERATIONS:… Read More ›
Possible Indicators of a Job Scam: Listings that ask for your private information such as SSN, driver’s license number, bank accounts, credit card information, etc. “Small Businesses” that direct you to a home address for an interview Foreign companies that… Read More ›
This one plays on your human traits like sympathy. Someone approaches you and tells that he/she doesn’t have a phone or hasn’t registered as an M-PESA user. The person is usually a kid, sick-looking or someone you can sympathize with.
[You are talking on your phone while sauntering through the Nairobi streets when an old woman approaches you. She waits for you to finish your call]