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Get Rich Quick Schemes, Scams, and Fraud

When you are looking for ways to make money, either in the real-world or online, it is an absolute certainty that you will come across many offers for “get rich quick schemes”, scams, and fraudulent offers of money-making ideas.

It is easy to understand why people are drawn to the idea of a get rich quick scheme, and why so many people do it in the first place, and then so often do it again, after the first attempt fails, thinking this time it will be different.


These schemes offer the opportunity for quick money, and usually also with the promise of a lot of it, therefore appealing to our nature of greed and laziness.

Unfortunately, the vast majority of these plans fail to deliver anything at all, and people are left wondering what went wrong.


The simple fact is, these get rich quick schemes, are quite literally, designed to fail.

Common themes for “get rich quick schemes

  • Pay now to secure your place and avoid disappointment.

  • Only two places left on the course, pay now.

  • Pyramid schemes that look like legitimate investments and opportunities but offer no real products or value.

  • Some survey scams that promise rewards or income for online survey taking.

  • Some online affiliate marketing programs that promise large incomes for just a few hours of work each week.

  • Earn a full-time income working from home, just a few hours a week.

  • Double or triple your investment, in just a few days/weeks.

  • Own your own home, no money down, no experience required.


These schemes promise high incomes with minimal effort, over just a few days, weeks, or months. The unfortunate thing is, they often look like genuine money-making ideas, which may even look and sound quite reasonable, some even go into great detail, describing the products and marketing aspects of their fake businesses, which can look very convincing.

Four reasons get rich quick schemes are doomed to failure

1. It takes time to succeed in business and investing – To build anything worthwhile and substantial takes time. You have to invest enough time into it to make it grow, day after day, month after month, and year after year. It is practically impossible to make money out of these schemes, by putting in just a few hours a week or month as they say.

2. It takes real effort to succeed - If you want to be successful and earn a substantial amount of money, you must also put in a lot of effort as well as time. You don’t get rich by doing almost nothing, as the adverts would have you believe. It takes years of dedication, and hard work, for genuine businesses to succeed, so why should it be so easy for these sorts of schemes?

3. You have to remain on the right side of the law – Some get rich quick schemes are designed to cheat the system, break the law, or at least bend the law. This will always fail in the long run, as illegal systems will eventually be closed down. This could mean you lose any money you have already invested, and you may also end up in trouble with the law.

4. Most of these schemes are not designed to succeed – Many get rich quick schemes you come across, are not even designed to succeed in any way shape or form. They are simply designed to cheat you out of your hard-earned money, by making temping, and realistic sounding claims, about how much money you could make if you handed over £££ now. They are just smoke and mirror schemes, that have nothing behind them, only the sales patter, and promises of quick and vast wealth. The second you hand them your money, you will not hear from them again. They have poor money etiquette.


Seven tips for avoiding get rich quick schemes

If you don’t want to be one of the millions of people each year, who fall victim to fraudulent get rich quick schemes, then remember the tips in this list:

  1. If it sounds too good to be true, it probably is.

  2. If something promises you wealth within a short period of time, avoid it.

  3. Promises of no effort, or little effort, mean no return.

  4. Ignore unsolicited emails, phone calls, or texts offering money-making schemes or SIPP transfers. 

  5. Never send a stranger money through any form of money transfer services.

  6. If you are asked to pay someone upfront to discuss a great money-making opportunity, don’t do it.

  7. Always do your due diligence, and research on anyone or any company, before you even consider paying them money.


Unfortunately, far too many people still fall victim to get rich quick schemes, and fraud, despite the numerous fraud prevention advertising messages in operation these days. Don’t allow yourself to become one of these victims. Protect yourself and your hard-earned money from the scammers, by keeping the above tips in mind.

Always perform a background check on any new investments you are looking at, and do a thorough due diligence check, and online review, of any opportunities you are seriously considering investing in.

Check for negative reviews online, and also check the FCA warning list for known fraudulent schemes, and other public advice services, about scams and fraud.

TIP: Be very wary of phishing scams, which are usually emails appearing to be from legitimate well-known businesses, to give you confidence in them, and then they ask for personal information about you. Do not click on the links, and do not give any personal information away. Genuine businesses would not ask for information in such a way. 

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