The Dollar Stretcher Dear Dollar Stretcher, I have a question I was wondering if you could answer. Awhile ago I saw a tip about being paid to do internet banking. If it is a legitimate offer you'll get a great return. But Lisa asks a good question.
Many scams count on greed to get the victim hooked.
Let's look at the possible risks that Lisa could face in responding to one of these offers. The risk that a broker or bank enters bankruptcy is fairly easy to protect against. Legitimate brokers and bankers, including those doing business online, carry insurance to protect their customers. The coverage is for a situation where the broker becomes insolvent. The investor is covered for most stocks, bonds, CD's and cash.