What are 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 common schemes include phishing emails, where scammers try to trick you into providing sensitive information; fake online shopping websites that take your payment but never deliver the goods; and investment scams that promise high returns but are actually fraudulent. Always be cautious when sharing personal information online and verify the legitimacy of websites and offers before making any financial transactions.
One common online fraud scheme to be aware of is a phishing scam where scammers send emails pretending to be from a legitimate financial institution and ask you to provide your bank account details, social security number, and other personal information. Another scheme is the sale of counterfeit goods on online marketplaces, where scammers steal your payment information and send you fake or low-quality products. Lastly, investment scams are also prevalent, where fraudsters promise guaranteed high returns on investments but actually use the money to fund their own personal expenses.