Be alert and don't fall prey to the many business scams: beware of bogus invoicing and loan-broker schemes.(Legal)

American Coin-Op, March, 2003 by Steingold, Fred

It's hard enough to run a first-rate coin laundry without worrying about someone trying to take advantage of you! If you spend enough time at your laundry you probably get your fair share of phone calls from telemarketers. These calls may be the least of your problems.

There are plenty of seam artists around, and these scam artists have small businesses in their cross-hairs, will your coin laundry be the next victim? Not if you are prepared.

Take a few moments to read about some of the common rip-off schemes. Make sure you pass on the information to your manager and/or attendants.

Here are some of the scams listed by the American Bar Association:

Supply games

Someone calls claiming to be a repairman and asks for the...

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