What is a common online fraud scheme that people should be aware of?
One common online fraud scheme that people should be aware of is phishing. Phishing involves sending fraudulent emails or messages that appear to be from a reputable entity, such as a bank or an online retailer, in order to trick individuals into providing sensitive information, such as login credentials or credit card details. It's important to be cautious when clicking on links or providing personal information online and to verify the authenticity of any requests before sharing sensitive data.
A common online fraud scheme that people should be aware of is identity theft. This involves stealing someone's personal information, such as their Social Security number, date of birth, and financial details, to commit fraudulent activities. With this information, fraudsters can open credit card accounts, apply for loans, or even file fraudulent tax returns. It's important to protect your personal information by never sharing it with unknown or untrusted sources and regularly monitoring your financial accounts for any suspicious activity.