Monday, August 15, 2016

What is Online Shopping Fraud?

Posted by Unknown | 11:30 AM Categories:

Internet shopping has grown to be common across the globe. Scammers online took the advantage of anonymity to perform fraudulent acts. Online shopping fraud is therefore defined as an act of cheating online involving scammers pretending to be a legitimate seller, either with a fabricated website or posting fake ads on a genuine retailer site. Innocent and less cautious customers are the higher potential victim of such scams. Spend a few minutes of your time to read the following: 
  • I bought goods online but received it late, or not at all.
  • I received goods that didn't match with original description.
  • I received no response and unable to reach the seller after purchase made.
  • I gave personal details to online seller and being used in criminal ways.   
  • I get excited and attracted easily to cheap deals.
  • I trust sellers online are genuine and proceed with payment without checking their identity or legitimacy of business. 
Based on the statements above, if you agreed to most of them, you're on a high potential for being a victim of online scam. If you're lucky enough to disagree, be aware as well and ensure you won't be the next victim in future. Scammers would not only cheat your money online, they could also steal your personal details and access into your bank accounts.

Isn't it scary how dangerous and vulnerable are we in the online space? Are you aware of ways on how to prevent?

Stay tuned and find out more in our following posts! We will share with you what are the types of online shopping fraud scenarios, some of the legal protection acts that would be beneficial to us consumers, as well as some useful tips and guidance on how to prevent yourself from being a victim. 

Here's a short video to illustrate what is online shopping fraud. 



Have a pleasant day ahead! =)

2 comments:

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