Common Scams to Avoid
Fraudsters and con artists are continuously inventing new ways to swindle you out of your money. Many people have become victims of different kinds of scams till date and the number is increasing day by day. Hence, many organizations have put their steps forward in order to create awareness about the ways to protect from scams.
Becoming a victim of frauds or scams can have a negative financial and reputational impact on a business. Thus, it is recommended to every business owner to train their staff to look out for common scams that mainly attack small companies. Because, small business owners often lack the time and resources needed to fight against the fraud.
Stealing money is not the only aim of scammers. Sometimes they are after hacking company’s confidential data or customers’ data for creating negative publicity about that particular organization. For getting those details and fulfilling their bad intention, they adopt nasty methods.
Hence, every individual is advised to look out for the following common scams:
- Prize scams:
In such scams, you are emailed and congratulated for winning a big prize or even a huge lottery. To collect your winnings you are asked to pay a processing fee or to call a premium rate phone line.
- Bad investments:
You are offered a lifetime opportunity to invest your life savings, for example in plots of land, exclusive stocks and shares, which are certain to make you rich in minimum time. Needless to say they are not.
- Unhealthy sales:
You see an online advertisement for a free trial of several products. However, you unwittingly sign up for regular monthly payments, which cannot be cancelled later.
So, look out for preceding types of scams and stay away from them!!
Protect Yourself by Learning How to Recognize the Scams
In this tough economic scenario, the internet is acting as a global marketplace for consumers as well as businesses. It gives an endless opportunity to fulfill all your requirements. If today’s situation is taken into consideration, nothing is impossible with the internet. Literally, any information you wish to get is just a few keystrokes away. Unfortunately, con-artists and criminals also know this.
They have recognized the potential of cyberspace and are using it for their bad purposes. The scams that used to reach us by telephone now can be found on the World Wide Web and in email. Many organizations and companies are taking efforts to help people recognize shady schemes in order to prevent further scams victims.
Many a times, even it is difficult to tell the difference between reputable organizations and criminals who use the Internet to fulfill their bad intentions and lure the innocent customers.
You can protect yourself by learning how to recognize the scam reports and danger signs of fraud. If you are a victim of Internet fraud, it is important to file a complaint quickly, so that a strict action is taken against such fraudulent companies.
Here are some tips to keep yourself safe from scams:
- Put a guard on your personal information.
- Make sure that any website that asks you to share sensitive information is encrypted.
- Don’t share your bank account or credit card number unless having a strict verification.
- It should not be mandatory to provide social security number unless you are applying for credit.
Be especially suspicious about someone who claims to be from a company with whom you have an account and still asks for information that the business already has. Read all user agreements carefully and beware of such scams.
Be Suspicious and Stay Safe From Internet Scams
Scams are the schemes created to cheat individuals out of their money. There are various types of scams operating on Internet like fake lotteries, prize draws, bogus health cures, dodgy investment schemes, phishing and the list goes on. Every year the number of people falling victim to scams is increasing. Involvement in scams makes innocent people lose hundreds and even thousands of pounds.
Scam emails are often used to con you into paying your hard-earned money for fake get-rich-quick offers or fraudulent or poor quality goods. So, it is advisable to be very suspicious of emails from people or businesses you don’t know, particularly one that promises to provide solutions to all your problems in short time and minimum expense. Be wary of anything that looks too good than expected, such as offers and advertisements.
Also, it is recommended to be vigilant of unexpected emails from your bank or financial institution. Remember that banks never ask for confidential information via email. The con artists put a lot of time and money into making emails and websites look real. Don’t get fooled by frauds and scams. Be suspicious and stay safe!
Scam websites and fake emails are designed to trick you into disclosing personal information such as bank account details, passwords or credit card numbers. Unfortunately the internet is not free from scammers and scams. Some scams are especially designed to take advantage of the way the internet works. However, there are several ways to protect yourself from internet scams. They are simple, but essential to verify whether or not you are dealing with a scam company. Thus, be cautious about various scam reports.
Beware of Scam Company - smartData Enterprises 