If It Looks Too Good To Be True, It Probably Is
In today’s virtual society, online fraudsters continue to devise new ways to reach unsuspecting consumers. According to the Internet Crime Complaint Center, online fraud is on the rise–up 67 percent in 2004. Awareness is the best protection against these cyber criminals.
“The best approach to combat Internet fraud is to stay one step ahead of criminals,” said Marcel Legrand, Senior Vice President of Strategy and Corporate Development, Monster.
Here are some common scams:
• Fraudulent online sales are the largest source of consumer fraud complaints, according to the Federal Trade Commission. Fraudulent sellers deceive buyers by sending an item of lesser value, sending stolen or counterfeit items or sending nothing–while disappearing with your money.
Tip: Research the seller’s reputation with the Better Business Bureau, read all fine print associated with the transaction and pay through a trusted site.
• Phishing is when criminals send online communications to Internet users disguised as an e-mail or pop-up message from a reputable company....