What are some common online fraud schemes to be aware of?
It's important to be aware of common online fraud schemes in order to protect yourself and your personal information. Some examples include phishing scams, where fraudsters attempt to trick individuals into revealing sensitive information such as passwords or credit card numbers. Another common scheme is the online auction fraud, where scammers deceive buyers or sellers on online marketplaces. Additionally, identity theft is a prevalent form of online fraud, where criminals steal personal information to commit various fraudulent activities.
One common online fraud scheme is called "phishing," where scammers send emails pretending to be from legitimate organizations, such as banks, and ask for personal information like passwords and credit card details. Another scheme is "card skimming," where criminals install devices on ATMs or payment terminals to capture credit or debit card information. Additionally, "advance fee fraud" involves luring victims with promises of large sums of money in exchange for a small upfront payment or personal information.