Types of Online Fraud

The term online fraud refers to all those schemes thatCyber criminals are spending millions of pounds setting
use online services to perform fraudulent schemes.up fake websites that persuade well-established
Without accessing tools for fraud prevention thesecompanies seeking their confidential information. So we
online fraud activities can cost anything to the users.should avoid:o Websites not beginning with "http", they
There are other various kinds of online frauds thatare not safeo Do not trust sites which offer big money
include:o Stolen credit cards;o E-mails;o Lotteries;orewardo Make sure that the site is trust worthy and
Fake auctionso Untrustworthy Websitesdon't submit personal information to any flashy site
Credit Card Online FraudLotteries
Credit Card online fraud is a very common problem inThese scams make us think that we have won a
today's world. Some people do not bother much aboutmoney prize and then they ask us for our personal
it and for some people it is unavoidable because theinformation regarding our fake winning. We can guess
con artist is able to gain the confidential credit cardif we are being cheated because:o You know that u
information via scam. To some extent the risk of onlinehave not participated in any contest, for which they
fraud can be reduced.o Do not ever allow the card outare offering a prizeo You are being asked for any
of your sighto Check your payment receipt every timepersonal information or processing feeo You are
and make sure the amount is correcto Try not toasked for buying low-risk shares for fundso You are
write the pin number anywhere and memorize it wellooffered bait prizes that are sub-standard
Get the card cancelled if misplaced in any caseo BeFake Auctions
careful while making big transactionso Be careful whileInternet is the best option for bidding or selling any stuff
responding to special offers onlinebut at times it could be very risky. Online fraud auction
E-mail Online Fraudnearly ranks the top among thousands of online fraud
E-mail is an inexpensive way and popular method forcomplains. To avoid fake auction results we should:o
distributing fraudulent messages, so we should neverClearly mention when we want our shipment to be
respond to mails that seek personal information ordeliveredo Study the auction site carefullyo Avoid
involves money issues. So to avoid e-mail fraud wedealing with unknown sellerso Consider the method of
can follow some steps:o Don't trust mails which saypayment; do not use credit cardso Know exactly what
they are from banko Don't trust links in e-mails, theyyou are bidding on
might be fraudo Don't respond to mails asking forNo doubt there is tremendous increase in fraudulent
personal informationo Don't trust any mails asking foronline activities but we can always try to move ahead
help or charity purposeso Don't get trapped in greedfrom these sophisticated criminals and prevent online
factorfraud from happening.
Fake Websites