What are common online fraud schemes to be aware of and how can I protect myself from falling victim to them?
There are various online fraud schemes that individuals should be aware of to protect themselves. Some common examples include phishing scams, identity theft, credit card fraud, and fake online shopping websites. To protect yourself, it is important to be cautious of suspicious emails, avoid sharing personal information with unknown sources, regularly monitor your financial statements, use secure and verified payment methods, and shop only from reputable and trusted online retailers.
One common online fraud scheme is phishing, where scammers send emails pretending to be legitimate organizations to trick individuals into sharing their personal information, such as passwords and credit card details. Another is identity theft, where fraudsters steal someone's personal information to commit fraudulent activities in their name. Credit card fraud involves unauthorized use of someone's credit card information to make purchases. Fake online shopping websites are designed to deceive customers into making payments for products that do not exist. To protect yourself from falling victim to these schemes, avoid clicking on suspicious links, never share personal information online, and be cautious when providing payment details on unfamiliar websites.