Consumer Information:
Fraud Schemes

What are some common fraud schemes, and how can
consumers avoid them?

The information below is provided as a public service from Debt-Tips.com. All of the information comes from various organizations, U.S. government agencies and departments. As a consumer, you owe it to yourself to know as much as possible about debt, credit, taxes, mortgages, banking – and avoiding related scams.

The information on this page involves fraud schemes. Each year many citizens are victims of fraud. There are many types of fraud schemes - telemarketing, email, Internet, identity fraud, to name a few. All try to take advantage of an individual's lack of knowledge.

The best way to protect yourself from fraud is to be aware of some of the most common fraud schemes, and how they operate. This information from the FBI will help you become familiar with some of the most often used fraud schemes, and avoid becoming the next victim:

Common Fraud Schemes

The FBI has become aware that unscrupulous mass marketers are using falsified FBI stationary and the names of FBI executives to solicit participation in fraudulent schemes. DO NOT BE FOOLED! The FBI does not EVER request advance fees for any reason from citizens, and most certainly not for the purpose of collecting processing fees or taxes for lottery winnings or monies recovered for any reason. We also do not use telephone numbers with an 866 or 888 area code for that purpose. Please read more on common fraud schemes, below, so you can protect yourself from these scams.

Read the entire article: Common Fraud Schemes

From: "Common Fraud Schemes". Common Fraud Schemes. 2/9/05. FBI. http://www.fbi.gov/majcases/fraud/fraudschemes.htm

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