Internet Fraud And Prevention


How To Protect Yourself To Internet Fraud?

Internet fraud is much more than conventional fraud taken online. In fact, it is much more powerful than conventional fraud as the perpetrators of Internet fraud could operate from anywhere in the globe! Ever since banking went online, fraudsters have emerged, seemingly from the woodwork, all over the globe. they are hitting people like you and me with impunity, and more shockingly, indulging in Internet fraud worth billions of dollars, if you are still not aware.

The modus operandi of Internet fraud operators is simple. Most fraudulent cases online offers promise money or discounts - things that most people cannot resist with greediness. Others offer loans, Mortgages and financial services (Even if you hold bad Credit Ratings! Of course, some are real for a huge interest rate I shall say.)

Still others lure you with promises of getting you that unsecured Credit Cards, fourth mortgages and other goodies. Nevertheless, remember no legitimate business will want to have dealing with you if your Credit History is bad unless you have repaired it - and that unsolicited e-mail that promises you the Heaven and the Earth, is surely a prime example of Internet fraud.

Other examples of Internet fraud are "Special Offers" (especially from Nigeria and other African countries) which offer you large commissions to help to transfer millions of dollars to your account. Sounds lucrative right?

Think again. Just last year, hundreds of Net-users were conned out of millions of dollars by these fraudsters. And that does not include those who were foolish enough to actually follow-up on these online e-mails to make them offline, life-threatening confrontations with money-hungry mercenaries.

But not all Internet fraud is aimed at greedy people. Even regular users of the Internet like you and me could end up being victims of Internet fraud. Phishing is the most common of these. Pretending to be from your bank or Paypal account, fraudsters try to get hold of your account details by diverting you to and making you log in to an imposing website with yourself keying your own User ID and Password onto the specially made logon panel. And that's it, you have given your own confidential details to the fraudsters.

Once they have your account details, they'll logon to the real website and withdraw all your money. Phishing may also occur over the telephone, where fraudsters ask for your details and then use it to steal your money, in a technical way.

Some email will use HTML code handling which on the email, a seem-to-be-real Domain name like "", but it is just on the surface; on the real back of the code, it is actually directing you to another imposing website for example to "".

So, never click on the link of a financial related email if you are not sure what it is. Try to open up a new browser and key in the URL by your own fingers at all times will be the most safety way of logging on to any personal websites of yours!

The best way to stay clear of such Internet fraud attempts is to use your common sense. No authorized representative will ever ask for your personal account details like login names or ID and passwords. If they do, they are most likely fraudulent. No offers of sudden wealth ever come about in the real world. If they do, they are most probably Internet fraud attempts.

Get rich schemes, unsolicited offers to get you loans, free Credit Cards and other such offers are also fraud havens. It is better to keep your eyes peeled, your personal details to yourself and a watch on websites like and for the latest on Internet fraud.

Not only do these websites provide tips on how to avoid fraud, they also list out the most common examples of Internet fraud and guide you to remedial action if you have had the misfortune of becoming a victim.

If you are like the millions of people worldwide, have an e-mail ID, chances are you have gotten one of these emails, which tell you that there are millions of dollars of Governmental Funds waiting for you. That related other(s) is/ are seeking your assistance to help the transference of the huge sums of money across national borders (for a commission of course).

There are some others that offer to provide you with unbelievable discounts from products ranging from Viagra to the latest electronic powerhouse. All of them sounded too good to be true, most probably are and all, without exception come under what has come to be known as Internet fraud!

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