Internet scam is one of the most common frauds today. A significant number of people tend to prey on others. As a matter of fact, statistics revealed that internet scam belongs to the top 7 common money scams. Once you have become a victim of this fraud, you will not only lose your money but you will also lose your sense of security online.
Below are the lists of some of the most common types of internet scam
Advance free scams
In this type of scam, you will be asked to make an advance payment in return for the products and services. This takes place if you happen to transact with illegitimate site. In other cases, you will be able to receive a mail stating that you have won a big amount, but in return you need to pay first for the taxes and other hidden fees before receiving the money.
Checks for overpayment
How this scam takes place? Well, if you have posted a sale or a rent online, a person would show interest to your post and will send you check that is more than the exact requested amount. In return, the person will ask you to send back the difference. Right after you send back the difference, you will find out that the check issued to you is going to bounce.
Emails sent by your bank or sent by federal government
Phishing scam like this requires you to submit your personal information as well as financial information. If you receive an email coming from doubtful source and request you to reveal your sensitive information, then you should be aware that it comes from a person who wants to steal your identity. They would use your financial detail to shop online and they would use your personal information to scam others.
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