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Awareness Tips: Net Scam

Consumers reported to the Federal Trade Commission losses in the amount of $138 million dollars in 2000. The average loss per consumer according to the National Consumers League is $636, an increase of more than 50% from last year. The top 10 frauds based on the Internet Fraud Statistics provided by the National Consumer League are:

  • Online Auctions
  • General Merchandise Sales
  • Nigerian Money Offers
  • Internet Access Service
  • Information Audit Services
  • Computer Equipment & Software
  • Work-At-Home
  • Advance Free Loans
  • Credit Card Issuing
  • Business Opportunities

What can you do to avoid becoming a victim?

  • Always Pay By Credit Card
  • Know Who Your Doing Business With - Research
  • Use Secure Networks For Payment
  • Keep Copies Of All Documents
  • Ask Questions, Cross All T's, Dot All I's
  • Avoid Mom And Pop Companies - The Great Deals May Not Be That Great
  • Trust Your Instincts - If It Sounds To Good To Be True It Probably Is To Good To Be True
  • Report All Problems - Don't Be Embarrassed

 


 Modified: Thursday July 17 2008