Fraudsters often pose as legitimate businesses or individuals. They may use fake websites, email addresses, or phone numbers to make their scams appear more convincing.
Fraudsters often use social engineering techniques to trick their victims. This can include things like creating a sense of urgency, appealing to the victim’s emotions, or exploiting their trust.
Fraudsters often target people who are vulnerable or unsuspecting. This could include people who are elderly, new to the internet, or who are not familiar with financial scams.
There are many different types of financial fraud. Some common examples include phishing, identity theft, investment fraud, and romance scams.
Be wary of unsolicited emails, phone calls, and text messages. If you receive a message from someone you don’t know, don’t click on any links or give out any personal information.
Do your research before making any financial transactions. Make sure you know who you’re dealing with and that the website or company is legitimate.
Be careful about what personal information you share online. Only share information that is absolutely necessary.
Keep your software up to date. This includes your operating system, web browser, and antivirus software.
Report the fraud to the authorities. You can file a report with the police or with the Federal Trade Commission (FTC).
Close any accounts that have been compromised. This includes bank accounts, credit cards, and investment accounts.
Place a fraud alert on your credit report. This will make it more difficult for someone to open new accounts in your name.
Monitor your credit report for any suspicious activity. You can get a free copy of your credit report from each of the three major credit bureaus once a year at AnnualCreditReport.com.
