THE SCAM: College degree by mail
HOW IT WORKS: Despite what this e-mail scam suggests, getting a legitimate degree can't be done with money alone. The most common "degree-at-home" e-mails mention prestigious-sounding universities. The e-mails seek money for degrees based on "life experiences," rather than completion of courses. Because these schools aren't accredited, their degrees are worthless for demonstrating job qualifications.
WHAT'S AT STAKE: Your money. Passing off such degrees as the real thing can draw the ire of prospective employers.