Do you want to be aware of what is internet fraud and what
is legitimate? If so then one of the most important issues is to know the
various types that exist. They include the following:
1. Credit Card Fraud
This is one of the most common types of Internet fraud. In
fact, an irony is that experts recommend making only purchases using credit
cards instead of debit cards due to the added security.
Regarding what is internet fraud, it’s important to be on
alert for credit card fraud. Be cautious about fake websites that ask for your
credit card info. The website might sell products/services, but the problem is
when it receives your personal/financial info it doesn’t protect it. It instead
uses the information to make unauthorized purchases.
2. Spam Mail
Over the years there’s been an unlimited number of
complaints and jokes made about spam mail. However, sometimes it’s no laughing
matter. There are times when it’s just an annoying advertisement for some
product. In other times it helps to explain what is internet fraud.
In fact, sometimes spam is classified as fraud. It involves
bulk emails sent to thousands/millions of addresses. The goal is sometimes to
corrupt CPUs, steal identities, or trick people into buying phony
products/services.
The spam message offers all sorts of fake deals to the
email recipients. They include credit report checks, low-interest loans,
lottery winnings, and so on. To fall for the scam victims must open the mail
and click on a web link. That makes the computer vulnerable to a worm, virus,
or other digital “bug” that corrupts the computer.
Here’s another reason spam mail is also about what is
internet fraud. The reason is that it can involve identity theft in which the
bug tries to collect passwords, credit card info, and other personal/financial
information. Sometimes the bugs even dig themselves into the computer and
affect the machine’s system performance.
3. Investment Fraud
There are various types of investment frauds. They usually
go after stock investors. They try to steal both the money and identities of
the investors. One example is an online newsletter. They seem to offer inside
tips on stocks. However, they end up providing bad/fake advice that won’t help
you to earn money on the stock market.
You also might find similar information on online bulletin
boards.
4. Non-delivery of products
This could involve e-commerce sites or online auction sites
including eBay. It could either include a fake store that’s not selling
products, or a product that seems to be auctioned off when it’s not. In both
cases, it’s important to know what is internet fraud.
It’s one thing if an online company and its products exist.
However, it’s a worse situation when the company and its products are fake.
That’s a terrible situation to be in since it will be impossible to receive
your order or get your money back.
If you want to learn
what is internet fraud, it’s important to know about these main types so you
can be on alert.
