In my childhood I head a story that our neighbour sends a DD to some companies drop box number, which offers a sewing machine in a very cheap price. After few days they got a parcel, which contains one needle with small bundle of thread.
But now the rise of the internet has opened up the world to millions of people. And with the increasing the uses of Internet, there is also opens parallel opportunity for scammer. In every year there is increasing graph of online scam. Each country face these problems, as they lost thousand of dollars.
The best way to deal with online scams is to avoid them entirely. After all, you don't want to have to repair damage later. We're going to give you some tips on how to recognize a scam so that you won't be a victim.
BBC Lottery Scam
Have you ever received an email or even an actual letter telling you you've won an obscenely large amount in a lottery you never entered? It's definitely a scam so please do not send them any financial details because you're just setting yourself up for a fraud or identity theft. Also definitely you receive SMS congratulating you on having won 50 million rupees on abc lottery. It was, of course, a scam.
In this type you receive an e-mail from your bank, which warns you about identity theft and asking you your account details or ask you log in and verify your account information. This e-mail looks like that it comes from bank as it has original bank logos. But all this is fake. Also the web site they redirect you are looks similar to bank, but fake.
If you click this link and fill your information, it captures your personal information and use to drain your account or duplicate credit card.
Now on many Bank’s site, there is clearly mention that the Bank never ask your personal information by e-mail. So beware of it, as it is directly related to your finance.
The Nigerian 419 Scam
The number "419" refers to the article of the Nigerian Criminal Code. In Nigeria, scammers use computers in internet cafes to send mass emails promising potential victims riches or romance, and to trawl for replies. They are called Nigerian scams because the first wave of them came from Nigeria, but they can come from anywhere in the world.
Here are some examples –
- They may claim that political climate or legal issues preclude them from accessing funds in a foreign bank account and request your help to gain such access.
- They may claim that your last name is the same as that of the deceased person who owned an account and suggest that you act as the Next of Kin of this person in order to gain access to the account's funds.
- They may claim that a rich businessman, who has a terminal illness, needs your help to distribute his wealth to charity.
- They may claim that a soldier stationed overseas has discovered a cache of hidden cash left by a fleeing dictator and needs your help to get the money out of the country.
If you get such mail, don’t reply and mark spam and delete immediately.
Unexpected Prizes offer
You get an e-mail telling you that you have won something in xyz competition, such as costly smart phone or you will get it very cheap. Many times you may receive mails from Microsoft or Google stating that you’re the winner of a large sum of money. This offer looks very cool, but be aware it’s scam. Nobody offer free of cost or in very less price, some fraud is behind of it. They ask you your credit or debit card details and address for shipping. You will lose money if you reply such mails.
Here are some examples –
- They offer product at a very low price.
- They are going to complete the sale out the auction site.
- The online shopping website does not provide adequate information about privacy, terms and conditions of use, return policy, dispute resolution or contact details.
With the increasing use of job search sites Monster.com or Naukri.com across the world, scammers have found a new to take advantage of job hunter all the time.
Scammers contact their victims offering them a job with unbelievably high salaries without your resume submission. Many times they have a website with no address details. They ask you to deposit money in their bank account or ask your credit card details. In India these mails comes from big companies like Maruti, TATA or Reliance. Also they offer you high salary jobs from foreign countries like Saudi Arabia.
Work From Home Scams
Home-based business and work-at-home opportunity scams rank very high on the list of the top types of Internet fraud. Popular example for this is Speak Asia scam, they collect thousands of dollars and make people fool. It’s looks interested and easy earning method, but is also a scam.
In today’s high pressure like many people are in search of alternative work options. These type of people are easily caught in the trap.
Here are the examples-
- They offer online data entry jobs.
- They offer online survey jobs.
- They offer transcription work.
- They offer you to see online advertise and promise to pay per advertise.
These companies have their own impressive websites. They hold seminars in five star hotels and demand a down payment or fee for people to register with them. Once you register, these firms might even pay you for a month or two before disappearing completely.
Online scam list now becomes very long with Disaster Relief Scams, Business Investment Scams, Medical Emergency Scam etc. We hope you aware of these frauds, keeps yourself safe and away from them.