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Fraud

Many people are victims of online scams. Check out the reasons and avoid it.

A scam is simply defined as an illegal or dishonest scheme to make money, usually by duping unsuspecting victims such as individuals, businesses, or organizations.

With the growth of technology, especially the advent of high-tech devices everywhere, such as smartphones and other Internet of Things (IoT) devices, we now live in an age where practically anything seems conceivable, good, easy, inexpensive, and available. Scammers are aware of this growth and are taking advantage of it to dupe unsuspecting victims into handing over their money, property, personal information, or sensitive information. They are constantly on the lookout for new methods to profit at the cost of innocent victims.

Because of technological improvements, internet-related crimes are becoming more sophisticated every day. We are all vulnerable to online scams, regardless of age, gender, status, tribe, academic qualification, or nationality.

We must be aware that, while the threat of internet fraud in our society cannot be completely eliminated in today's technological age, we can minimize it to a bare minimum by educating ourselves, following best practices, and remaining attentive at all times.

Many people become victims of online scams for a variety of reasons, but the following are some of the most common:

1. Greed: People who have a strong desire for money are more likely to fall victim to a scam.

2. Ignorance: Many people fall victim to scams because they are unaware of the usual methods used by con artists.

3. Anyone who is readily persuaded that something is true or real will fall victim to practically any hoax.

4. Scammers send a large number of scam emails every day, and many unwary victims react without conducting thorough research.

5. Scammers send out material with free offers of goods, services, and money in order to deceive unsuspecting victims, and many naive victims fall for the scams because they seek free money or things and services they would not pay for.

6. Unemployment scams target unemployed people who are anxious for work.

7. Fear of missing out on a fantastic opportunity: Many uninformed victims fall for scams because they don't want to miss out on scammers' false business possibilities.

8. There is a lack of internet safety education for older people and children. Scammers prey on the elderly and young because they are the most vulnerable.

9. Many people fall prey to scammers because there aren't enough regular awareness initiatives to educate the general public about the hazards and long-term remedies of fraud.

10. Many consumers fall victim to scammers because they have an urgent need for cheap things.

11. Many people are irresponsible with their personal and sensitive information, making them more vulnerable to scams.

12. Many victims are hesitant to tell their stories. Others could fall prey to scams if victims do not share their stories.

Tips for avoiding internet scams:

1. Do your homework before you invest in any firm. Above all, don't believe everything you see on the internet.

2. On social media, do not post personal or sensitive information. 

3. Notify the police or other anti-crime organizations right away if you see anything suspicious or fake.

4. Avoid discussing personal or sensitive information over the phone. 

5. Any free items or services should be avoided.

6. Be careful if you frequently receive unusual phone calls or texts. 

7. Check your online and offline accounts regularly for any suspicious activity.

8. Avoid using public WiFi to access the internet. 

9. If you're not sure the information is safe and secure, don't click on any links or download any attachments.

10. Be wary and conduct a thorough inquiry if you are asked to disclose personal or sensitive information online by anyone or any organization.

11. Never conduct business with a website you don't know. 

12. Be suspicious and conduct a thorough investigation if an offer seems too good to be true. 

13. Keep your anti-virus software up to date with your device's operating system.

14. If your bank calls you and asks for personal or sensitive information, don't give it to them; instead, go to your bank right away to resolve the problem.

Content created and supplied by: Updates.gh (via Opera News )

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