Stop Identity Theft » internet fraud http://stopidentifytheft.com and protect your credit Fri, 10 Sep 2010 17:49:56 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 Learning To Avoid Scams Online And Off http://stopidentifytheft.com/learning-to-avoid-scams-online-and-off http://stopidentifytheft.com/learning-to-avoid-scams-online-and-off#comments Fri, 05 Sep 2008 10:42:13 +0000 adc1000 http://stopidentifytheft.com//?p=482 Many individuals use the internet every day for a multitude of purposes. You might be shopping online, participating in online chats or using information off the web for work or school. All of these situations are innocent enough, but at the same time can make us available to those who are looking to introduce scams to unsuspecting victims. Learning to avoid scams can be accomplished by being aware of the types of internet fraud.

Many scams online are from criminals hoping to steal your identity. Some form of identity theft protection with someone like Life Lock would be worth considering if you spend a lot of time or shop online. Learn about this problem to get a better understanding of the history of identity theft.

You may believe because that you never answer unsolicited emails regarding investment opportunities, that you cannot fall victim to this type of fraud. This unfortunately is not true. While this is a great practice, those looking to defraud individuals use many mediums to disperse information and find victims. You can avoid scams by not jumping into any investment opportunity that you find online, but first investigating the opportunity. Some online scammers use forums and chat groups to introduce stock and investment information, hoping that hordes of people will purchase the stock. This of course will drive the price of the stock up. After the stock reaches a certain price, the scammers then sell their shares and the prices fall. The criminals have now made their money and the victims are left holding the worthless preverbal bag.

The best way to avoid scams of this nature, or any online scams, is to always have good solid information about the company and individuals with whom you are dealing. There are several ways to look up online scams and to investigate companies. Use the Better Business Bureau to look up information on any company that solicits you to take part in a deal or investment opportunity. The “deal” of the century may turn out to not only be a scam, but one that you might spend years recovering from financially.


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