5 Top Tips for Preventing Online Fraud

Unless you know a website is reputable and reliable, you could be opening up your bank account to fraud. Be aware that many scammers will do everything they can to get their hands on your personal details and your money. Stay safe online with these top tips for fighting fraud:

Do Your Research

Before you make a purchase, write down the address and contact information of the company. Use a search engine to check that there are no instances of this business engaging in fraud, and err on the side of caution, if you’re still concerned about the site’s legitimacy. The internet can be your worst enemy, when it comes to protecting your important information, but it can also be your best friend, if you want to check out for scams.

Sites that begin with ‘https,’ and feature a yellow padlock symbol, are generally safe to make payments with. It means the company has been independently checked. When in doubt, make purchases with firms you know are trustworthy. Always check on the website, to see if you’re covered by a fraud protection scheme.

Check Your Bank Balance Regularly

Remember to read through your bank balance often. If you spot any transfers – no matter how small – of money that you didn’t authenticate, contact your bank immediately.  Remember, while saving, do it securely, otherwise you can wake up one day seeing that it has disappeared without a trace.

Spotting Fraud

Always be wary when an item you’ve purchased doesn’t arrive. Vice versa, if you’ve sold an item and don’t receive payment, begin to hear alarm bells. You may also be a victim of fraud, if the item you purchased isn’t similar to the description of the online commodity.

If you suspect that you may have become a victim of fraud, try to resolve the issue through the company you dealt with (unless you’re certain that they are the fraudulent party). A credit card is a handy tool; if you used it to make your purchase, your credit card company can settle the matter for you, as part of their protection scheme.

gain legal advice

What To Watch Out For

Criminals like the internet, as it affords them a degree of anonymity. Remember that, if something sounds too good to be true, it almost certainly is. Take your time and think about anything that involves handing over money.

Don’t let the internet tell you how to invest; if you wish to make this move, get financial advice from a professional or gain legal advice from a criminal offence solicitor such as http://www.burtoncopeland.com/

Identity Theft

Bear in mind that personal details can be used by scammers to set up their own online accounts. Fraudsters have been known to apply for credit cards and even benefits, by using someone else’s information. Criminals may try to swindle your bank details out of you through email. They tend to masquerade as a reputable source. Their game is to make you login your personal details on a fake website.

Never trust emails. Any reputable site won’t ask you for your information in an email.