With the primary objective of defrauding as many people as possible, a new wave of online money-making websites and mobile apps has swept Uganda. The influencers of these scams use media platforms like YouTube, Facebook, WhatsApp, and Telegram to sell lucrative deals that these schemes have to offer in this new fraud tactic.
They come up with slogans on their media channels like “Work from the comfort of your bed”, “Earn 200,000 weekly” “Earn as you sleep”, etc which are eye-catching and enticing to potential victims, especially those struggling to make ends meet plus those that want free extra income as a side hustle.
The hilarious thing about all of these scams is that they all use the same features and gimmicks to fool their victims into signing up. In order to avoid falling for a new money-making scam, one should look out for the following traits:
Whenever you learn that the program you are joining uses affiliate marketing, please be aware that it may be a scam since they rely on you enrolling as many people as you can in order to receive a bonus. And the money used to pay you this bonus is typically taken from the registration fees paid by the people who signed up under you.
You should watch out for those hilarious registration or activation fees of the scheme. Once a scheme that has promised you free earnings starts to ask for such fees then you are heading for a potential scam. Why would someone who’s filthy rich and promised to also make you rich ask you to first pay them to show you how to gain the same wealth?
We need to be on the lookout for the scheme’s hilarious activation or registration fees. You may tell when a plan is potentially a fraud when it starts to demand such fees after promising you free earnings. Why would a person who claimed to make you wealthy and is already obscenely wealthy demand payment before showing you how to do so?
If a scheme advertises tier levels like Gold, Platinum, Silver, etc., it’s probably a scam since this encourages members to enlist as many new members as they can in order to advance in the ranks. The more members they enlist, the more money they can earn to reach their goal and then disappear.
Also to be avoided are schemes that encourage Ugandans to take part in ridiculous online games against computers like “spin and win,” “chess and draught,” “trivia quizzes,” “earn money by watching YouTube videos,” “earn money through forex trading,” and “earn money through pay-per-click.”
Because different influencers compete to have as many people follow them, they frequently create such media groups to gather their potential victims in one location and feed them with false expectations and statistics. This is why you should be aware of scams when they have multiple media channels of communication, such as groups on WhatsApp, Facebook, and Telegram.
