Credit card scams are becoming more rampant with each passing day. Not only are criminals becoming more brazen, but they are also employing different tools and making use of technology to accomplish their dastardly acts.
In the United States alone, millions of people fall victim to fraud and theft every year. The majority of incidents begin with a seemingly innocent email offer. Scammers and con artists are able to buy email addresses and names from list marketing agencies. They don’t know you. They’re just sending emails blindly and hope that someone does respond. You could receive an offer from a prince or a general in Africa who stands to gain a lot of money if only you would help him. The email sender promises money – a big share of his treasure – if you would send him a minimal amount to a nominated account. This is known as the Nigerian email scam, and it has fooled a lot of people.
Other versions of the email exist, and they go as far as getting the email recipient to give out his credit card information. This is even more dangerous than the first version. Armed with your credit card information, these scammers can now use them to make online purchases for big-ticket items. You will be billed for large TV sets, appliances and even pieces of jewelry which you will have a hard time refunding because they were made under your name.
The best way to keep yourself from being a scam victim is to ignore offers like these. No matter how tempting or how lucrative it may sound, heed our warning. We’ve created a detailed visual showing more information about credit card fraud. We’ve also included measures on how individuals will be able to protect themselves from such individuals. These pieces of information can save you from being the next scam victim, so read on!
