Auction Fraud
The internet is littered with
many sites that fail to adopt healthy business protocols. Online auction
complaints account for as much as 75 percent of the complaints registered in
the web. Many of these sites are similar to eBay in design but fail to incorporate
a number of safeguards which will ensure the buyer is not duped at the end of
the transaction. But in reality what will be happening is that you will place
an order for a particular product on a site but will not receive it even after
you have made the payment. Hence people must be very careful while buying
products from new sellers. You should especially be cautious of big scammers who are
trying to sell new goods at massive discounts of 75 percent or more.
Phishing Big Scammers
This is one of the most dangerous
scams doing the rounds in the web right now. People indulging in phishing scams
usually target older people who are not very proficient with computers. For
instance, you could receive a phishing mail from your local bank saying that
there has been an identity theft and requests you as a user to log into your
account by clicking on the link displayed in the mail below. The key difference
here is that mail is fake and the link provided is also bogus and is actually
designed to closely mimic your real banking site. What makes this scam so
dangerous is that if your end up typing your login details, the big scammers responsible for the scam will be able to have acquire account related information which
they can later sell to other criminals in the black market. Hundreds of people
have ended up losing all their savings after believe these phishing mails to be
real.
“Congratulations, You have Won an
iPhone” LED TV or Xbox kind of scams
You might receive a mail in your
inbox congratulating you for just having won an iPhone. To get the prize, all
you would be required to do is to pay for the shipping costs for which you have
to part with your Pin and debit card number while making the payment. This is
nothing short of a scam and never fall for these claims. No one is giving away
the latest xBox or Sony plasma TV, especially when you have not taken part in
any contests that offer the aforementioned prizes. Instead you will find over
the next few months that a series of online purchases are being made through
your account. This is only possible when the big scammers orchestrating the scheme have
gotten hold of your bank details.
Nigerian 419 Big Scammers
Most people who own an e-mail
account would have at some point in time received this kind of spam mail in
their inbox. The Nigerian 419 scam operates along multiple lines but the method
of operation is still the same. The objective of these fraudsters is to somehow
get the recipients to send them considerable sums of cash through online
transfers. Usually the mail would explain how
a wealthy Nigerian family is looking to vacate the country and they are
looking to transfer a large sum of money with them. The big scammers would then request you
to help them with the transfer while also promising a generous share for your
efforts. While the reasons and the tactics used to swindle customers may change
from one case to the next, it should be no surprise that all this is nothing
less than a scam. According to federal reports, people all over the world have
lost more than $32 billion.
