Crooks are taking swindling to a completely new level. They are now more creative with their tactics. Thanks to the Internet, they can easily get in touch with and deceive people from around the globe.
As daily activities shift online, more scammers are looking for opportunities to get their hands on your hard-earned cash. They will try to pressure you to make important decisions on the spot, or trick you into sending money or giving out personal information. Be smart and do not fall for these often obvious and questionable tactics.
Here are some tips to help you avoid fraud:
Demand for personal information such as the name, address, and contact details of the person you are transacting with. Check the validity of the information provided.
Never Wire Money So Willingly
Impostors will often insist you pay through wire transfer, a method of electronic fund transfer. Never proceed with such transactions unless you are completely sure because it is nearly impossible to reverse the transaction or trace the money once you send it.
Use Protected Payment Methods
A global payment solutions provider, ecoPayz.com suggests registering with companies with strict privacy policies. Though you pay the scammer, your financial details will remain secured. Some companies even provide reimbursements.
Don’t Trust Urgent Deadlines
Take it as a warning sign that you are being hustled if an online stranger urges you to make rush transactions. Nothing needs to be done immediately.
Meet the Person if Possible
Try as much as possible to deal with folks you can meet in person. This will help you avoid 99 percent of frauds.
Compare with Other Sellers
It is highly likely that this is not the first time you have made an online transaction. Think about your past deals. Do they sound the same or does this seller seem suspicious?
Trust your instincts. Chances are that when something does not feel right, it really isn’t at all.