What are some common online fraud schemes that people should be aware of?
There are various online fraud schemes that individuals should be aware of to protect themselves. Some common ones include phishing scams, where fraudsters try to obtain sensitive information such as passwords and credit card details by posing as a trustworthy entity; identity theft, where personal information is stolen and used for fraudulent purposes; and fake online shopping websites, where scammers advertise products at low prices to collect payment without delivering the goods. It's important to stay vigilant and take necessary precautions to avoid falling victim to such schemes.
One common online fraud scheme is called "phishing." This involves sending emails or messages that appear to be from legitimate companies or organizations, asking individuals to provide their personal information such as passwords, credit card details, or social security numbers. Another scheme is "identity theft," where fraudsters steal personal information like names, addresses, and social security numbers to commit fraud in someone else's name. A third scheme is "card skimming," where criminals use devices to steal credit or debit card information when a person uses their card at an ATM or a point of sale terminal.