Even people who are aware of the various scams that are out there they can often be taken advantage of, particularly by a clever one. It seems that wherever there are people to be taking advantage of there is someone exploiting them. This article is going to be looking at some of the most common scams in the market today and hopefully will urge consumers to be especially vigilant against them.
Buying online is an environment that is particularly busy with scams and the most reported fraud is that companies are selling goods that have either been significantly misrepresented or that do not actually exist.
Another common scam is that a website will offer to sell you a product at a great price. Once you have gone ahead and made the order you will receive a phone call from a representative of the company and they will try to sell you additional items for it at a high cost. If you refuse these items you will get an e-mail saying that the item can no longer be supplied as it is out of stock. In other cases the company might just take your money and run.
If you want to protect yourself from online scams such as this then it is a good idea to pay with a credit card as it offers much greater protection than other forms of payment. You can make a charge back against the company and recover your money. This is not that is something is possible if you have paid with cash or a debit card.
It is also commonly seen that some dodgy retailers may attempt to charge card twice. If you fear this is something that might happen to you then using a pre-paid credit card can be a good option. With this type of card you only have to put the amount of money that you need to make the purchase onto the card. If the scammer tries to charge again they will find no money left.
Cheque fraud is something that is still common even though many scams have now moved on to the digital medium. A common scam still in existence is for someone to provide an opportunity for you to work from home, they will pay you in a fake cheque and once you have deposited it, but before it has cleared, they will ask you to transfer funds to pay arrangement fees. In order to avoid this you can make sure that all chequess have cleared before you make any payments.
A very popular scam is for people to get an e-mail instructing people to reveal their passwords. No reputable company will send you an e-mail asking for your password in full so never reveal it by e-mail, even if you think that the e-mail is legitimate. If the scammer does manage to get your passwords he will attempt to steal your identity and from here will be able to open up bank accounts in your name.
To add additional protection from this type of scan make sure that your antiphishing and antivirus software is up-to-date.
Another type of scam is operated over the phone and will be someone calling who claims to be a member of your family. Often the line will be bad so it can be difficult to tell and they will say that they have had an accident or there is an emergency that requires them to be sent money immediately.
Do not send money without confirming that the emergency is real by calling other members of your family. Always exercise scepticism when sending money anywhere.