There are a number of scams on the Internet which were all
set up with the sole intention of fleecing unsuspecting customers of their hard
earned money. The masterminds behind these scams have carefully analyzed the
online users spending habits online while simultaneously using technological
advancement to further their own nefarious activities. Here is a look at some
of the notorious scams that are doing the rounds right now.
Work from Home Scam
There are many different types of scams on the internet when
it comes to registering on work from home programs. While not all of these
programs are bogus, one needs to do a proper background check on the company
before joining. This will ensure that you are not being cheated out of your
money.
For instance, there are certain work from home scams on the
internet that promise customers the opportunity to make more than $20,000 in
months which is a lot of money. This naturally arouses the curiosity of people
because these ads also go onto to specify that customers do no need any special
qualifications and that they would be walked through a series of simple steps
that will help them earn loads of money. This is complete garbage and do not
believe in any of the promises these scams make.
Nigerian Scam
This happens to be one of the most common scams on the internet. People who fall victim to this scam usually receive a mail from an
unknown source in Nigeria. The mail would go onto elaborate how the receiver is
in a position to get a lot of money due to the death of family members in an
accident. It should be noted that the individual is in no position to know any
of these family members but still somehow stands to gain so much money through
inheritance. People should get suspicious of a possible scam then and there but
they proceed along with it since the potential to get hundreds of thousands of
dollars is too good to pass up. Instead all that happens is the receiver ends
up spending lots of money in ‘processing charges’. The fraudster would then
completely disappear while the scam would have just cost you hundreds of
dollars.
Credit Card Fraud
A lot of people do not follow safe online practices when it
comes to using their credit cards. They buy and sell stuff in several web
platforms that do not enforce proper security protocols. This makes them
vulnerable to credit card fraud which is one of the most common scams on the
internet. Online users also need to be aware of the dangers of phishing. Here
users receive mails that have been carefully designed to resemble that of their
local bank. The mail would direct them to third party sites where they would be
asked to part with their credit card information and the log in details of
their bank. You are to never share these
details with anybody on the internet.
Auction fraud
This is another one of the more common scams on the
internet. You have fraudsters setting up special accounts on auction sites just
with the sole intention of cheating people. They keep putting all kinds of
expensive items on sale that are rare and not easy to find. Once the bids are
done and the payment is made, the seller discreetly escapes with the money
without making the delivery of the item. The buyer ends up being cheated in the
process. To prevent this from happening, make sure that you only do business
with people who have generated excellent reviews from other customers.
