n the past year, Americans have lost over $18 billion to fraud, identity theft and various scams. But how? We all know when something seems too good to be true, it probably is. So, why do people continue to fall for scams or fail to protect their personal data?
Home Depot. Target. DSW. Neiman Marcus. TJ Maxx. What do these companies have in common? They have all suffered massive credit card breaches in recent years and, unfortunately, they are not the only ones.
It's much easier for a fraudster to tap into a time in everyone's life when they're much more willing to hand over buckets of information about themselves to perfect strangers without a second thought -- and a job hunt is that perfect identity theft storm.
Credit repair can be a very spammy business, so much so that the government has gone to great lengths to regulate the services as much as possible. Even though there are rules that credit repair services must abide by, it doesn't mean that all of them do.
Now that you have paid, you are on a list of people willing to fall for the scam, the threats and demands should begin to accelerate. The scammers are probably selling your name around as a good target.
Google is planning to open Gmail and YouTube to kids under the age of 13. While the company will restrict this king's ransom of new clicks to kid-friendly content, hackers could well have a field day.
Today's scammers -- especially those preying on seniors or the socially isolated -- are incredibly skilled.
Many people like me know little or nothing about their cars and don't understand what is being done to them, so they can easily be persuaded to get repairs they don't need or be subjected to other scams.
But if you think you're protected from losing cash by using a debit card, perhaps you need to rethink your definition of protection. Debit cards get scammed the same as credit cards, but that's where the similarity ends.
I used to hear stories about people who have been scammed on Craigslist and I'd think, "What idiots! How can people fall for such obvious hoaxes?" I can now classify myself as one of those idiots.
There's one born every minute. Many scammers use the names of valid lottery organizations, but this doesn't mean the legit entities are involved. The latest con is to tell someone they won a Powerball jackpot while planning on stealing their identity.
Need cash fast? You aren't alone. Many people find themselves in a bind with payday looming far ahead. Payday loan services offer the cash you need right away. However, it is important not to let the allure of fast money get in the way of your common sense.
If you get a bad feeling about the way someone's acting, the way the vehicle drives, the story you're being told about the reason for the sale, the fact that the seller's a Raiders fan -- whatever -- listen to your gut. There are millions of cars in the world. You can always find another one.
We've heard about the most spectacular falls -- such as Mike Tyson and Kareem Abdul Jabbar -- but, unfortunately, this sad outcome is far from rare.
Not only did my undercover work fail to provide a way of breaking into writing, it proved that my husband is right and that I shouldn't rely on online reviews if I'm looking for a new air conditioning unit or appliance to give as a wedding gift.
Identity theft is everywhere and takes many forms and new scams are appearing every day.