What is Internet fraud?
The termInternet fraud refers to any type of fraud scheme that uses email, web sites, chat rooms or message boards to present fraudulent solicitations to prospective victims, to conduct fraudulent transactions or to transmit the proceeds of fraud to financial institutions or to other connected with the scheme. (Wikipedia)
Here are some of the major types of Internet fraud:
- Identity theft; Identity theft occurs when somebody steals your name and other personal information for fraudulent purposes. Identity theft is a form of identity crime (where somebody uses a false identity to commit a crime).Read about Indentity Theft in Armenian...
- auction and retail schemes online
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business opportunity & "work-at-home" schemes online
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investment schemes online
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credit-card schemes