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Chloe Anister

Terms of Use BP Holdings Barcelona & Madrid Spain - BP Holdings Barcelona & Madrid Spai... - 0 views

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    "BP Holdings Barcelona & Madrid Spain may post changes to the TOU at any time, and any such changes will be applicable to all subsequent access to or use of  this Blog. We may make changes to these terms and conditions at any time. Changes will be posted here and are effective immediately. Regularly reviewing this page ensures that you are always aware of the terms and conditions for your use of the site. BP Holdings Barcelona & Madrid Spain also has the right in its sole discretion to limit, modify, interrupt, suspend or discontinue all or any portions of  * at any time without notice. CL and CL Representatives shall not be liable for any such limitations, modifications, interruptions, suspensions or discontinuance, or any purported losses, harm or damages arising from or related thereto. By accessing or using  BP Holdings Barcelona & Madrid Spain, you accept and agree to this "Terms of Use" or "TOU". If you do not accept and agree to all provisions of the TOU, you may reject the TOU by immediately terminating all access and use of  this Blog, in which case any continuing access or use of  BP Holdings Barcelona & Madrid Spain is prohibited. BP Holdings Barcelona & Madrid Spain is intended and designed for users 18 years of age and older, and access or use by anyone younger is not advised. The collection of BP Holdings Barcelona & Madrid Spain users' personal information (including but not limited to email addresses, IP addresses and telephone numbers) is not done for any purpose. The content of this Blog, including information, tools and links, is provided free of charge and is intended to be helpful to the widest range of businesses. BP Holdings Barcelona & Madrid Spain reserves the right to exclude a particular user from a service, and/or delete their details, if they abuse it (which could include, but is not limited to, hacking, submission of obscenities, fraud or the spreading of computer viruses). We may also make changes to a service w
Euphraxia Evvie

BP Holdings: How can I lower my taxes? - 1 views

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    http://news.bpholdingsmngt.de/how-can-i-lower-my-taxes/ bp holdings, bally price holdings news Income from investments… The income you earn from investments is added to your income from all other sources. As a result, each additional dollar of investment income is taxed at the highest rate applicable to your total income. If for example you know that you make high income this year and your income is expected to drop next year, it very well makes sense to defer the sale of your investments to the year when your marginal tax rate will be lower. Pension plan and other payments… The same can be said about taking money out of your pension plan (401K, IRA, etc.). Taking a lump sum out of your pension plan can easily move you to higher tax bracket; therefore, if you have the option to take your lump sum later in a year when your total annual income is lower, it may impact your tax liability significantly and positively. Income from reinvestments… Another example is the taxation of income from reinvestments. If a couple (filing separately) has investments in the name of the higher-income-earning spouse, then the investment income is likely to be taxed at a higher rate than it really needs to be. So called Income on Income tax strategy can be used to reduce the tax rate which is used to tax income from reinvestments. If you earn income and transfer it to your spouse, you as the transferring spouse will have to tax it. If this income generates some income while it is in your spouse's hands, the attribution rules assign this income to the transferring spouse for taxation purposes. The transferring spouse has to pay taxes in this income. However, the good news is that this income becomes the capital of the spouse receiving it and can be reinvested in the receiving spouse's name. The income earned on this reinvested income (that is the Income on Income) is not attributed back to the transferring spouse. The spouse being in the lower tax bracket will tax this incom
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    magazine is a kind of thing about which i want a lot of information, and i am very thankful of this site which gives me lot of information regarding jrf. i loved it.
Nicole Zubriggen

Bp Holdings: Work At Home Jobs: How to Avoid Getting - 0 views

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    Scammed BP Holdings What to do so you don't get taken by common work at home job scams: Internet ScamBusters #62 Today we'll focus on Part 2 of our series on home-based business scams and work-at-home scams. If you missed Part 1 in last month's issue on the Top 10 scams of this type 10 Tips on Avoiding Work At Home and Home Based Business Scams 1. Never, NEVER pay for the chance to work! This is the cardinal rule. You should treat working at home just like you would treat working for an employer at their place of business. If you were going for a job interview in the 'real world,' how would you react if the interviewer asked you to pay $50 or $100 to land the job, for starter materials, or for a 'good faith' payment to make sure you were serious about the business? You'd think it was absurd. No legitimate company charges employees a fee for a job. Whenever you're asked to pay for the chance at a job, or information about work-from-home jobs, you know it's a scam. Home-based businesses, on the other hand, may require start-up costs to cover investments, materials, franchises, or other items. As we state in the next step, check things out before you pay anything. 2. Check out the business before you pay anything. Have you heard of the business that's soliciting your money? If not, check them out carefully. Make sure they have a physical address and a phone number. Call to see if it's a real phone number. Do a search on http://www.Google.com to see if you can find any positive or negative comments. Check references carefully. Some warning signs of scammer companies: - They use free Web hosting services (such as Tripod or Geocities). - They use free Web email services (such as Yahoo! Mail or Hotmail). - They use Post Office boxes for mailings and don't disclose their real addresses. - They won't give you a telephone number where you can contact them. 3. Use your credit card to make purchases. This sounds counter-intuitive, but if you are going to
sorine holm

BP Holdings Barcelona-Use the Internet to run a real estate business - Make money onlin... - 0 views

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    If you're looking forward to making money online, the real estate sector is what you should be focusing on. This sector has come up as a great money-making option. This is mainly because of the growth that the real estate sector has been experiencing for over the past few years. There has been an appreciable increase in the value of real estate properties, which has enhanced the potential for wealth generation as well as opportunities to make money online. Like any other online business, the real estate business involves a certain amount of risk. It is important that you know the tricks well so as to achieve success in your online endeavor. The following are some tricks that will make sure you don't regret your decision to make money through online real estate business. Create a good website - The very first step is all about creating a well-designed website. You can't expect buyers and sellers to rush in to your website just like that. There is a lot more that needs to be done than just blogging if you want an impressive flow of traffic to your website. Making money online will require you to design your website as well as add a sea of information and quality content. That's how you'll let the prospective buyers and sellers know about your potential and credibility. Website designing is possible without external help if you're knowledgeable enough. Otherwise, seek professional help.Provide quality information - Work as much as you can on making your website rich in quality and reliable information. For example, try to include maps and information on hospitals, schools, shopping malls, libraries and places of interest in your website. This will increase your website's potential to attract a sea of potential customers. It is very important that you put in property information as well. For example, information such as number and size of the rooms as well as the age of the property is of great significance to the client. You can also add infor
Christian Bruno

Use the Internet to run a real estate business - Make money online, Bp Holdings Barcelona - 0 views

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    If you're looking forward to making money online, the real estate sector is what you should be focusing on. This sector has come up as a great money-making option. This is mainly because of the growth that the real estate sector has been experiencing for over the past few years. There has been an appreciable increase in the value of real estate properties, which has enhanced the potential for wealth generation as well as opportunities to make money online. Like any other online business, the real estate business involves a certain amount of risk. It is important that you know the tricks well so as to achieve success in your online endeavor. The following are some tricks that will make sure you don't regret your decision to make money through online real estate business. Create a good website - The very first step is all about creating a well-designed website. You can't expect buyers and sellers to rush in to your website just like that. There is a lot more that needs to be done than just blogging if you want an impressive flow of traffic to your website. Making money online will require you to design your website as well as add a sea of information and quality content. That's how you'll let the prospective buyers and sellers know about your potential and credibility. Website designing is possible without external help if you're knowledgeable enough. Otherwise, seek professional help. Provide quality information - Work as much as you can on making your website rich in quality and reliable information. For example, try to include maps and information on hospitals, schools, shopping malls, libraries and places of interest in your website. This will increase your website's potential to attract a sea of potential customers. It is very important that you put in property information as well. For example, information such as number and size of the rooms as well as the age of the property is of great significance to the client. You can also add infor
CADABYR KINSELLA

BP Holdings Barcelona-Use the Internet to run a real estate business - Make money onlin... - 1 views

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    If you're looking forward to making money online, the real estate sector is what you should be focusing on. This sector has come up as a great money-making option. This is mainly because of the growth that the real estate sector has been experiencing for over the past few years. There has been an appreciable increase in the value of real estate properties, which has enhanced the potential for wealth generation as well as opportunities to make money online. Like any other online business, the real estate business involves a certain amount of risk. It is important that you know the tricks well so as to achieve success in your online endeavor. The following are some tricks that will make sure you don't regret your decision to make money through online real estate business. Create a good website - The very first step is all about creating a well-designed website. You can't expect buyers and sellers to rush in to your website just like that. There is a lot more that needs to be done than just blogging if you want an impressive flow of traffic to your website. Making money online will require you to design your website as well as add a sea of information and quality content. That's how you'll let the prospective buyers and sellers know about your potential and credibility. Website designing is possible without external help if you're knowledgeable enough. Otherwise, seek professional help.Provide quality information - Work as much as you can on making your website rich in quality and reliable information. For example, try to include maps and information on hospitals, schools, shopping malls, libraries and places of interest in your website. This will increase your website's potential to attract a sea of potential customers. It is very important that you put in property information as well. For example, information such as number and size of the rooms as well as the age of the property is of great significance to the client. You can also add informati
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    This is a very well-timed post,i think everyone should read this and broadcast too.keep it up!
Ileana Armando

BP Holdings, 10 TOP TIPS TO BEAT THE SCAMMERS, BP Holdings - 1 views

This is simply ingenious. Now why didn't anybody think of this before.

bp tips prevention and warnings holdings

Miley Grin

BP Holdings Barcelona - Partners in the Caribbean: BP Trinidad and Tobago - 1 views

this is perfect, i am looking to do something similar very soon and this article makes perfect sense.

bp holdings article news

raine smith

BP Holdings - How to Avoid Scams on Craigslist - 0 views

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    http://www.wikihow.com/Avoid-Scams-on-Craigslist Craigslist is known worldwide for their classifieds for just about anything - from toys to furniture. With a few simple clicks and an email address, anyone can post wanted and 'for sale' items. However, everyone needs to be aware and distinguish valid and scam posts in Craigslist. Search and browse within your own city or state limits. This will give you and the seller the opportunity to meet in person. Try all attempts to exchange in person instead of mailing money. Unlike E-Bay, Craigslist is not responsible of transaction mishaps. This means, if you send money to someone, you can't report it to Craigslist if you don't receive the item that you were paying for. Any reference to Craigslist that says "buyer protection" or "certified seller" is bogus. Insist on cash. Fake checks and money orders are common, and banks will hold you - not the seller - responsible. Never wire money to anyone under any circumstances. Most payments made by wire transfer are fraudulent. Prioritize posts with pictures over text-only posts. If you are interested in a non-image post or would like more details, contact the poster but do not make any offers until you are fully satisfied. If they don't get back to you, look for something else. Have some knowledge of what the item's average price is. This is more common for renting an apartment or buying a car over Craigslist. If you're not sure, browse through newspaper classifieds, other Craigslist posts, use the Kelley Blue Book for vehicles, or ask friends for a reasonable price range for that specific item.
Brigida Loten

BP Donates $1M to Aid Victims of Hurricane Isaac, BP Holdings Global Barcelona Spain - ... - 0 views

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    BP America, Inc. announced today it will donate $1 million to support disaster relief efforts in Louisiana and Mississippi following Hurricane Isaac. The donation will be made to the American Red Cross and The Salvation Army and divided equally between the two hardest-hit states. "This assistance cannot fix all that has been broken by this natural disaster, but we hope it can help some of those in need today and contribute to a sustained recovery effort in the months ahead," said Crystal E. Ashby, Executive Vice President of Government and Public Affairs for BP America. The storm forced BP to evacuate workers from offshore platforms and drilling rigs in the Gulf of Mexico, as well as from onshore facilities in south Louisiana and Mississippi, where hundreds of BP employees live. Separate from this donation, BP is also providing assistance to our employees and their families in the region. Read Full Article http://bpspainholdings.wordpress.com
raine smith

BP Spain Holdings Review: Emerging Stocks Erase Weekly Gain on China, Commodities - 0 views

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    http://www.bloomberg.com/news/2013-03-01/china-stocks-fall-with-russia-on-manufacturing-data-oil-prices.html Emerging-market stocks erased this week's gains, led by commodity producers, after Chinese manufacturing data trailed estimates and as $85 billion of spending cuts were set to be triggered in the U.S. Vale SA, the world's biggest iron-ore producer, was the biggest drag in a measure of developing-nation shares. OAO Gazprom, Russia's largest natural-gas company, fell the most in two weeks. Bank of China Ltd. sank 2.5 percent in Hong Kong. Energy Development Corp. tumbled 11 percent as five people were killed and six are missing after a landslide in the Philippines. Stocks pared losses after a report showed American factories expanded at the fastest pace in almost two years. The MSCI Emerging Markets Index slid 0.1 percent to 1,053.13 in New York, dropping less than 0.1 percent for the week. China's official Purchasing Managers' Index fell to the weakest level in five months in February. The U.S. Senate rejected a pair of partisan proposals to replace spending reductions. The euro-area unemployment rose to a record. "The softer data out of China reflects the recession we're seeing in the euro zone, which is being intensified by the increase in taxes and the sequester due to start today," Alan Gayle, senior strategist at RidgeWorth Capital Management, said in a phone interview from Atlanta. His firm oversees about $48 billion, including developing-nation shares. "The sluggishness is weighing on demand in emerging markets." Monthly Drop Today's decline in equities added to a 1.4 percent slump last month, the biggest decline since May. The emerging-markets gauge has declined 0.2 percent this year, compared with a gain of 4.7 percent of the MSCI World Index (MXWO) of developed-country stocks. The measure of developing nations trades at 10.6 times estimated 12-month earnings, compared with the MSCI World's 13.8 times, according to data
walane chatiers

Competition - BPholdings reviews and press releases - 0 views

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    http://issuu.com/groups/aee87643-9a77-4b6e-b065-f35ebea5b57f/4127cbfb-288c-4136-af03-dcc5eb21501f Competition - BPholdings reviews and press releases Competition scam alert Like many companies, it seems that BP is also being targeted by fraudsters claiming that a BP competition has been won and seeking banking and other personal details BP have recently received complaints from members of the public advising that they were contacted by individuals informing them that they have won a BP Competition and a prize. The "prizes" on offer range from cash to vehicles, cars or plasma TV's. The caller sometimes asks for identity numbers, physical addresses and/or banking details before the prize can be claimed. We would urge any person contacted not to respond to any callers claiming to represent BP and offering prizes of any kind nor to volunteer any information. Please contact us if you receive a call from someone claiming to work for BP congratulating you on winning a prize in a BP competition. You can easily verify this by calling our Customer Contact Centre on 0860 222 166 or by visiting BP's web site http://www.bp.co.za and sending us an e-mail using the Contact us prompt on our home page. It would be of great assistance in trying to curtail this kind of activity if you obtained as much information from the caller as possible and provide this to BP. Tags: bp holdings reviews and press releases, competition scam alert http://www.goodreads.com/topic/show/1111512-combating-tax-fraud-bp-holdings http://archive.org/details/BpHoldings10TopTipsToBeatTheScammersBpHoldings http://www.bp.com/genericarticle.do?categoryId=16004221&contentId=7043666 http://mlkshk.com/p/QYSX
HADASSAH ROSS

BP Holdings Madrid Spain News l Goodreads l Rediffpages - 1 views

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    If you're looking forward to making money online, the real estate sector is what you should be focusing on. This sector has come up as a great money-making option. This is mainly because of the growth that the real estate sector has been experiencing for over the past few years. There has been an appreciable increase in the value of real estate properties, which has enhanced the potential for wealth generation as well as opportunities to make money online. Like any other online business, the real estate business involves a certain amount of risk. It is important that you know the tricks well so as to achieve success in your online endeavor. The following are some tricks that will make sure you don't regret your decision to make money through online real estate business. Create a good website - The very first step is all about creating a well-designed website. You can't expect buyers and sellers to rush in to your website just like that. There is a lot more that needs to be done than just blogging if you want an impressive flow of traffic to your website. Making money online will require you to design your website as well as add a sea of information and quality content. That's how you'll let the prospective buyers and sellers know about your potential and credibility. Website designing is possible without external help if you're knowledgeable enough. Otherwise, seek professional help.Provide quality information - Work as much as you can on making your website rich in quality and reliable information. For example, try to include maps and information on hospitals, schools, shopping malls, libraries and places of interest in your website. This will increase your website's potential to attract a sea of potential customers. It is very important that you put in property information as well. For example, information such as number and size of the rooms as well as the age of the property is of great significance to the client. You can also add informati
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    I must say, what a strategy.
alderic gerst

THE RISE OF FINANCIAL FRAUD: SCAMS NEVER CHANGE but DISGUISES DO, bp holdings Sweden - 1 views

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    bp holdings Sweden The incidence of financial fraud in the United States is on the rise. Americans submitted more than 1.5 million complaints about financial and other fraud in 2011 - a 62 percent increase in just three years - according to the Federal Trade Commission's (FTC) annual "Consumer Sentinel Network Data Book" the most comprehensive database of U.S. fraud trends (see Figure 1). Joe Borg, head of Alabama's securities commission and a leader among state securities regulators, agreed there is a proliferation of fraud, and he largely blames the Internet. His agency had an unprecedented 31-case backlog of criminal trials involving financial fraud in September 2011. "It's not unusual to have 20-25 convictions a year, but when we have 31 backed up - and we're trying them as fast as we can - the trend is up," he said. Borg ticks off the reasons: "Downturn in the economy. Fear among the public. The idea that the government can't protect them anymore. Medical costs are going through the roof. Those are fears. The Internet is the vehicle. The Internet's a big, big factor." Neil Power, supervisor of the FBI's Economic Crimes Squad in Boston, said the public is not fully aware of how pervasive fraud is, because only the most prominent cases, such as Bernard L. Madoff's $50 billion Ponzi scheme, are covered by the media. The vast majority of cases fly under the public's radar. "There is a substantial amount of fraud being addressed that's not being covered," he said. Many more scammers are never caught by a regulatory system rife with staff shortages and inadequate resources. For example, the Securities and Exchange Commission (SEC) admitted in April 2010 that it has never examined some 3,000 registered U.S. investment advisers, Investment News reported. In Canada, only a small percentage of total fraud is reported to law enforcement: one in three Canadians has been targeted by a scammer, yet only 14 perc
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    Nice website over here! I just wanna thank you for that.
brent devon

BP Holdings Barcelona - Bly Report: recommendation to reality - 1 views

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    http://www.bp.com/extendedsectiongenericarticle.do?categoryId=9044263&contentId=7077294 Immediately after the Deepwater Horizon accident in the Gulf of Mexico, BP asked its most senior safety professional, Mark Bly, to lead an investigation relating to the causes of the incident and make recommendations to help prevent such accidents from occurring. The investigation led to 26 recommendations for reducing risk in BP's drilling operations. Since the report's publication in 2010, BP has made a significant progress in implementing those 26 recommendations. BP Magazine finds out more In September 2010, four months after the Deepwater Horizon accident in the Gulf of Mexico, BP released its Deepwater Horizon Accident Investigation Report, known as the Bly Report, concluding that the accident resulted from a complex, interlinked series of failures involving multiple parties. The report was the work of an investigation team led by BP's head of safety and operations, Mark Bly, and consisted of more than 50 technical and other specialists, drawn not only from BP but also the wider energy industry. The team made 26 recommendations specific to drilling, aimed at further reducing risk. Accepting all of these recommendations, BP committed to their implementation across its worldwide drilling operations and the recommendations are now in the process of being implemented into the well designs by engineers and operations personnel. That implementation is overseen by the global wells organisation (GWO), established by BP in April 2011 to facilitate a stronger, centralised and standardised approach to all BP-operated wells activity. "Our mission is to deliver safe, compliant and reliable wells for BP," says Richard Lynch, head of GWO. "We have to be very clear about the work we are doing and the risks involved, and have plans in place to manage those risks. "Successfully delivering the report's recommendations will standardise the way we work, and give us the base
jy williams

Tips to Avoid Online Auction Scams, bp holdings - 1 views

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    bp holdings This is going to be my second post on scams. Earlier I had posted how I was about to get scammed in the posts how to avoid charitable donation scams. Last week I was reading a scam story, where a buyer bid and won three iPhones at a cheap price. The seller had good reputation and 100% positive feedback. Seller was throughout very quick to respond. Read more this original page to find out what actually happened then? The story motivated me in to writing this topic for today. A little help to prevent fraud happening in your life. Everyone likes a good deal - especially on items that tend to be more expensive, like jewelry and collectibles. As such, more people are turning to online auction sites like eBay to find these kinds of great deals. But the trouble with buying online is that there are unscrupulous sellers out there, and you need to know what to look for. Here are some tips to avoid scams when buying jewelry and other collectibles from online auction sites. Only Use Reputable Sellers The first thing to check when buying online is to only use reputable sellers. People who sell jewelry online, or other collectibles, know that their reputation is everything. If a buyer is going to shell out thousands of dollars, they want a sense of trust. And online, that all comes down to feedback. Make sure that you only deal with sellers who have a positive feedback rating over 98%, and who have transactions under their belt. An example that could be a scam is a new seller, with only one or two transactions over the last week. Most sellers who sell collectibles will have lots of transactions over several years. Also, look for sellers who have sold expensive items before. This can give you a sense that they know what they are doing. If the seller has only sold $10 electronic accessories, and is now listing a $5,000 diamond ring, this could be a red flag. The bottom line is that you should check the feedback profile carefully.
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    Wow….I'm sooo glad I read your advice & tips on names headlines & a title? It Really made me think about it…I had one in mind…but not now…it definately isn't the one..Thanks so much…….Mine will be a catchy one.
alfredd hanskie

Work At Home Jobs: How to Avoid Getting Scammed - BP HOLDINGS MADRID SPAIN WIKIA | well... - 1 views

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    BP HOLDINGS MADRID SPAIN WIKIA What to do so you don't get taken by common work at home job scams: Internet ScamBusters #62 Today we'll focus on Part 2 of our series on home-based business scams and work-at-home scams. If you missed Part 1 in last month's issue on the Top 10 scams of this type 10 Tips on Avoiding Work At Home and Home Based Business Scams 1. Never, NEVER pay for the chance to work!' This is the cardinal rule. You should treat working at home just like you would treat working for an employer at their place of business. If you were going for a job interview in the 'real world,' how would you react if the interviewer asked you to pay $50 or $100 to land the job, for starter materials, or for a 'good faith' payment to make sure you were serious about the business? You'd think it was absurd. No legitimate company charges employees a fee for a job. Whenever you're asked to pay for the chance at a job, or information about work-from-home jobs, you know it's a scam. Home-based businesses, on the other hand, may require start-up costs to cover investments, materials, franchises, or other items. As we state in the next step, check things out before you pay anything. 2. Check out the business before you pay anything.' Have you heard of the business that's soliciting your money? If not, check them out carefully. Make sure they have a physical address and a phone number. Call to see if it's a real phone number. Do a search on http://www.Google.com to see if you can find any positive or negative comments. Check references carefully. Some warning signs of scammer companies: They use free Web hosting services (such as Tripod or Geocities). They use free Web email services (such as Yahoo! Mail or Hotmail). They use Post Office boxes for mailings and don't disclose their real addresses. They won't give you a telephone number where you can contact them. 3. Use your credit card to make purchases.' This sounds counter-intuitive, but if you are going to buy a
aldren carlo

Work At Home Jobs: How to Avoid Getting Scammed - bp holdings madrid spain wikia - 1 views

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    http://zackandrew25.wordpress.com/2013/01/15/work-at-home-jobs-how-to-avoid-getting-scammed-bp-holdings-madrid-spain-wikia/ bp holdings madrid spain wikia What to do so you don't get taken by common work at home job scams: Internet ScamBusters #62 Today we'll focus on Part 2 of our series on home-based business scams and work-at-home scams. If you missed Part 1 in last month's issue on the Top 10 scams of this type 10 Tips on Avoiding Work At Home and Home Based Business Scams 1. Never, NEVER pay for the chance to work!' This is the cardinal rule. You should treat working at home just like you would treat working for an employer at their place of business. If you were going for a job interview in the 'real world,' how would you react if the interviewer asked you to pay $50 or $100 to land the job, for starter materials, or for a 'good faith' payment to make sure you were serious about the business? You'd think it was absurd. No legitimate company charges employees a fee for a job. Whenever you're asked to pay for the chance at a job, or information about work-from-home jobs, you know it's a scam. Home-based businesses, on the other hand, may require start-up costs to cover investments, materials, franchises, or other items. As we state in the next step, check things out before you pay anything. 2. Check out the business before you pay anything.' Have you heard of the business that's soliciting your money? If not, check them out carefully. Make sure they have a physical address and a phone number. Call to see if it's a real phone number. Do a search on http://www.Google.com to see if you can find any positive or negative comments. Check references carefully. Some warning signs of scammer companies: They use free Web hosting services (such as Tripod or Geocities). They use free Web email services (such as Yahoo! Mail or Hotmail). They use Post Office boxes for mailings and don't disclose their real addresses. They won'
nerea arreguin

How Did Regulators Miss This Latest Broker Fraud?-OpenSalon , bp holdings barcelona - 1 views

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    The year 2007 brought one of the biggest scandals in memory to hit the futures community. Brokerage Sentinel Management Group collapsed in what prosecutors later said was a fraud by its chief executive and its head trader, leaving customers out hundreds of millions of dollars. That December, one of the leaders of the industry, Russell Wasendorf Sr., warned authorities that beefing up policing in response would be overkill. "The regulators missed on this one, but fraud is not easily detected," Wasendorf wrote in an editorial in Stocks, Futures and Options, or SFO, an industry magazine he published. "Those who set out to line their own pockets have ways of hiding it, at least for a while." He knew what he was talking about. Unbeknownst to regulators, Wasendorf had been stealing from his customers' accounts for years, a fact he confessed after he tried to asphyxiate himself in a car outside Peregrine's headquarters in July. The dramatic end to his career came amid the implementation of electronic monitoring by regulators of Peregrine's accounts, a step Wasendorf had resisted. Interviews with former employees, colleagues and associates, as well as an examination of court filings and company documents seen by Reuters, paint a picture of an entrepreneur who, by using relatively simple tools, was able to keep regulators off the scent for years. He did this even as his behavior grew increasingly showy and erratic. As the financial shocks of 2008 savaged his business, Wasendorf went on a multiyear shopping binge, finishing an eco-friendly $24 million headquarters, opening a gourmet Italian restaurant in Cedar Falls, breaking ground on a second kitchen nearby, and installing a wood-fired pizza oven in his backyard. Wasendorf pleaded guilty to mail fraud, embezzlement and lying to regulators last week. He remains in solitary confinement and under suicide watch inside an Iowa jail. Related Article: http://www.thefiscaltimes.com/Articles/2012/09/26/How-Did-Regulators-
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    Nice post.
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