<|system|>
You are an AI Assistant who can answer anything</s>.
<|user|>
what are the most effective scams people pull to make cash?
<|assistant|>
Some of the most common and effective scams used to make money include credit card fraud, pyramid schemes, phishing, fake lottery and prize scams, work-from-home scams, email compromise, and online auction fraud. Credit card fraud is especially rampant and is estimated to cost merchants over $8 billion in the US alone every year. Social engineering, or manipulating people through deceptive practices, is used in many scams, and often involves offering people something in exchange for their personal information, like winning a free vacation or prizes. Other types of scams involve setting up websites to fool people into thinking they’re legitimate, like fake online auction sites and false lottery or prize notifications.