Can you trust online surveys for money?
This article helps you understand the scams around the online surveys better. This directly dives into the concept without wasting anytime as it is given very briefly how and why it happens.
What are online surveys?
Online surveys can be defined as conducting the survey through internet. The one who participates in the survey gets the reward in the form of points or bonus which we can redeem later. Online Surveys scams are on the rise after the covid season as many people want to make money online without investment. Fraudsters are taking advantage of it and making the online surveys a viable method to do fraud.
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What is a Survey Scam?
An online survey fraud can be disseminated using text message over the phone, email, websites, or digital advertisements. In order to lure victims in, con artists usually say that completing the survey would result in incentives like an online survey gift card, a popular product (like an iPhone), or an entry into a sweepstakes (usually with a vacation or cash award).
Types of Online Survey Scams:
Theft of Identity
Online survey scams usually aim to obtain the personal data of their potential victims. After obtaining this data, a scammer can sell it to other people on the dark web. Additionally, they might utilize it for their own schemes of identity theft. For instance, based on the data they have amassed, they may apply for additional loans or credit cards, incurring damages of tens of thousands of dollars for each identity theft.
Theft of Money
Some online survey frauds are made specifically to take advantage of people’s money. Paying for a pointless “survey training kit” or paying for “membership” in a club that guarantees to sign you up for numerous upcoming paid surveys are two examples of paid survey frauds. Of course, that’s not the case in practice.
Scams involving advance fees are also common; the victim is first tricked into sending part of their “payment” to a third party by sending a fictitious cheque for payment for participating in the survey. The victim has already delivered the fraudster their lawful payment by the time they discover the cheque was phony.
Personality Quiz scam
Humans are naturally curious to discover more about themselves. Thus, some con artists make fake online personality tests with queries such as “What is your dream car?”, “What is your favorite food?”, or “Where is your favorite place to travel?” These are frequently asked questions used by websites for identity verification. Scammers can force password resets and access victims’ internet accounts by using the answers to these questions. Subsequently, they might perform identity theft, use services the victim paid for without authorization, or cheat them of money.
Conducting Conversion/Lead Generation Fraud
Fraudsters may target you as well if your organization is employing form fill-outs for a legitimate survey. Fraud is now a possibility with form fills. Why? Because fraudsters can use sophisticated software to fill out forms and make it look like actual customers are taking your survey.
Now that form bot fraud is filling up your forms instead of actual users, your company’s survey findings are distorted. The fraudster might even take your rewards if you were giving them out in exchange for completing online surveys!
Spam scam
Certain frauds aim only to inundate you with offers; this is known as spamming. The scammer will guarantee a list of paid surveys in exchange for certain personal information (e.g., income level, education level, number of persons in your household, and so on). You won’t receive the list after completing the form, but you will be inundated with requests and offers from other marketing firms to whom they have sold your information instead.
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Impacts of Survey Scams on Consumers:
- Generating nuisance calls
- Compromising online accounts
- Employee account compromise
- Fines for TCPA violation
- Negative press
Tricks Used in Online Survey Scams:
- Offering Free Gifts for Survey Fills
- Impersonating Legitimate Companies
- Using Phishing Surveys
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Fraud-Proof Tips to Avoid Scams
- Check for reviews
- Check if there’s Company Name
- Make sure to check the presence of privacy policy
- Check if they are offering a Lot for a Little
- Check if the Domain is new
Conclusion:
Online Surveys for money is another way to fall into the scam of fraudsters if research is not done properly before taking a survey. Not all the online surveys are scam. There are few legit sources for surveys such as Google reward, Toluna, Tellypulse, YouGov, Viewfruit India, Opinionworld India and so on. Doing a proper research before taking part in the survey will help you not fall for the methods a fraudster uses. Such methods are given above in brief, hope this covers all your inhibitions. Happy surveying 🙂
FAQs:
Is it safe to take online surveys for money?
Make sure to locate and completely read the website’s privacy policy or disclaimer before taking part in any reputable online surveys. Consciously consider your options before agreeing to participate in a survey.
Do online surveys make money legit?
Which websites offer paid surveys are reliable? Brands can legitimately obtain customer feedback on their goods and services by using online questionnaires. Branded Surveys, Toluna, Swagbucks, LifePoints, OnePoll, i-Say (IPSOS), InboxPounds, PopulusLive, Opinion Outpost, and Valued Opinions are a few of the top survey websites.
Do you pay tax on surveys?
Being paid for completing surveys is usually classified as income for tax purposes. you may need to report the income you earn
