Tuesday, July 19, 2005

Fraud Alert: Internet Scams Fraud Trends

Another public service of this site, Captain America will alert you to internet fraud trends. Did you know that the average loss to fraud victims last year totaled $895.00? This is up from $527 the previous year.

Auction Fraud Alert: 51% of consumer complaints due to internet fraud and scams are Auction Sites. Scam takes your money and then either never delivers your merchandise or misrepresents the merchandise. The average consumer loss from Auction fraud is $765.00

Merchandise Fraud Alert: Second most prevalent Internet scam or fraud is in the General Merchandise category. This represents 20% on consumer complaints. Be alert. Scam or Fraud involves misrepresented Goods or Services that are not sold through an auction site.

Nigerian Money Offers Fraud Alert: This scam promises riches if the consumer pay to transfer money to their bank account.

Email Fraud: of frauds initiated by email the top scams include Nigerian Money Offers, Phishing (identity theft), Lotteries, and Fake Check Scams.

It can be dangerous out there, stay safe.

We provide the facts. You decide.

Captain America


Resource: National Consumers League Internet Scams / Frauds

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