Ask the Chief: a necessary skill for the self-employed

A skill that anyone with something to protect, whether consumer or a business owner, is developing shrewd thinking. Most understand that identity or intellectual property theft occurs through phishing in email and hidden code in compromised websites. However, old fashioned schemes to separate the unwary from their income, disguised as personal or business “services”, are no less successful a lot of the time.

An emailed newsletter from the California Office of Attorney General this week reported charges being filed against a man who defrauded veterans’ families with false college tuition waivers, for which he charged $500, netting him about $500,000. But this is far from the only scam that victimizes veteran and non-veteran alike. This afternoon, my mom n’ pop small business received a fairly sophisticated mailing (arriving by Postal Service) that wanted to assist my business with filing a California form – for $150 – that I have routinely filed, free of charge, with the state. This scam sends an official-looking form warning of the consequences of not filing required documentation, and is populated with the publicly-available information on your business, to confuse a novice business owner. Of course, this scammer assumes that small business people would react without having the experience to know that these things do not require a third-party’s assistance. But then the scammer knows that he or she only needs a few among thousands of new business owners to send them the fee, to enrich themselves.

The State of California’s OAG has been prosecuting perpetrators of this sort of scam for more than a decade. Apparently, this is some sort of mass mailing. However, any criminal who intends to defraud a military veteran should be forewarned. We have all been subject to the just-off-base” hucksters who have sold our young military men and women everything from revolving contract gym memberships, multi-level marketing schemes, herbal remedies, and vehicle-service contracts. A year or more into our enlistment, we all become a bit more shrewd in discerning what we are getting for our hard-earned pay. Most veterans have various sage wisdom (or cynicism) that all come down to “I may have been born at night, but not last night. Get lost!”

Keeping your identity, finances, and personal information secure, and especially when you are in business for yourself (and cannot afford Wall Street attorneys). It is a full-time occupation. While I would toss this obvious nonsense in the trash, I will instead forward this to the Attorney General as the website indicated. I’m perhaps too cynical about taxes, fees, and business. While this is California, I will imagine that there are thousand of other mailings in mailboxes or en route at this time..

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