Management Scams - Read Before You Search
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As you begin searching for a new manager please educate yourself on management scams and online fraud. We urge you to be vigilant in researching the legitimacy of any potential manager and perform all appropriate due diligence. You can read below to learn more or the FTC has provided information about scams here
How Do Management Scams Work?
Is a manager asking you to send them money via Western Union, Moneygram, or Prepaid Visa card without and interview or contract? Have the manager refused to sign a contract stating exactly what will be provided and for how long? Is he/she providing a deal that's too good to turn down? These are possible signs of management scams used to defraud artists into wiring money or giving up personal information.
Scammers use a variety of tools and methods to post fraudulent listings on many internet listing sites. One method includes manually listing famous managers by copying existing information about that manager and posting them on the website.
Once you've contacted a scammer, they usually ask for a few things -- information, urgency, and money through Western Union, Moneygram, or a Prepaid Visa card. Stop there. Flag the manager on Managers Pro beneath the title and managers description and continue your search.
What is Managers Pro Doing to Remove Fraud?
At Managers Pro, we understand how important it is to have a higher standard of excellence in eliminating fraud. Thus, we have taken immediate action and continue to enhance our process in order to improve our listing quality and eliminate fraud. Although some fraudulent listings can make it through our fraud filters, many scams are detected before being displayed. While we need to keep the specifics of our initiatives confidential in order to outsmart scammers, we’ve listed some of our public initiatives here:
- Managers Pro has an entire team dedicated to reviewing each Manager that submit to be listed on our website.
- There is an automated algorithm that scores managers based on historical data and removes managers most likely to be fraudulent.
- New Managers are verified to have a valid U.S. phone number and IP address.
- Fraud warnings are placed on each managers detail page for managers who've been reported 2 or more times to educate consumers about possible warnings.
- Managers that are flagged as fraudulent on Managers Pro are reviewed by Managers Pro's fraud team and removed if determined to be a scam.
How Can I Spot and Avoid Management Scams?
Below is a list of best practices on spotting and avoiding scams. Artists beware. Be vigilant in protecting your private information and review these tips:
- Managers Pro has no involvement in any transactions, agreements, or contracts.
- Never, under any circumstances, send money to any manager through Western Union, Moneygram, or a Prepaid Visa card. ALWAYS use PayPal or your credit card. In the event of a misunderstanding you can easily file a dispute with PayPal or your Bank and get your money back.
- The easiest sign of a Management scam is when someone asks you to wire money via Western Union, Moneygram, or Prepaid Visa card. Scammers usually ask for a deposit through these services. Don’t send money for whatever reason.
- The manager can't talk on the phone or will not sign a contract? Always conduct a phone or in-person interview to discuss what will be done and for what price then get this in writing and signed. If they can't do an interview or will not do a contract agreement, then it's possibly a scam. Good idea is to always have a friend or family member read over the agreement.
- Emails from scammers are often littered with grammatical mistakes and typos. If the email is difficult to read, lengthy, or includes a sad story, then it's possibly a scam.
- Research the email address and phone number of the manager or on Google. You might find that someone else has already posted a report on this individual.
- Don't sign a contract until you've interviewed the manager and discuss exactly what will be done and for what price or agreement.
What Can I do if I Fall Victim of Online Fraud?
If you believe you were a victim of fraud, please contact your local authorities, the FTC
, and the IC3
. Flag the Manager for removal by our fraud team if it hasn't already been removed.