With more than 22 million single practitioners and small firms in the US and proportionately huge numbers in other countries, business cheat are, well, big business.
Most weeks, in our Scamlines catch of the newest scam news headlines, at least a couple will be business scams — where credulous firms are conned out of hundreds or thousands of dollars.
Vendor are a particular target of business scams and you can read our particular report covering some of the most common business scams in Scambusters .
In addition, many of the tricks played on private individuals often also reappear as business scams, like phishing and forged checks.
And, as we recognize, the crooks don’t stand still. They’re continuously dreaming up new scams and variations of well-established ones. So, for this week’s Scambusters offering, we have pulled collectively a list of 7 recent business scams to watch out for (in addition to the retail tricks referred to above).
