Internet cheating is a type of fraud that leverages the Internet. This type of fraud is very varied and appears in various forms. Starting from Email spam to online fraud. Internet cheating can occur even if partly based on the use of internet services and most or wholly based on internet usage.
Video Internet fraud
Fake postal money order
According to the FBI, on April 26, 2005, Tom Zeller Jr. wrote an article in The New York Times about the spike in the quantity and quality of forging orders for US postal money, and its use for online fraud.
In the United States, the penalty for making or using fake postal money orders is up to ten years in jail and/or a $ 25,000 fine.
Maps Internet fraud
Online automotive fraud
A fraudster has posted a vehicle that is not available for sale to a website, usually a luxury car or a sports car, advertised for being well below market value. Vehicle details, including photos and descriptions, are usually deprecated from sites like Craigslist, AutoTrader.com, and Cars.com. An interested buyer, hoping to bargain, email a cheater, who replied said the car was still available but located abroad. Or, the scammer would say that he was abroad but the car was a shipping company. Fraudsters then instruct the victim to send a deposit or full payment via wire transfer to start the "shipping" process. In order for transactions to appear more valid, fraudsters will require buyers to send money to counterfeit agents from third parties claiming to provide purchase protection. Unconscious victims transfer funds and then discover that they have been duped. In response, automated sales sites often post warnings to buyers, for example, people on Craiglist who warn not to accept offers on which the vehicle is shipped, where funds are paid using Western Union or wire, etc., request that the post be marked as abuse.
Charity fraud
Scammers act as charitable organizations seeking contributions to help victims of natural disasters, terrorist attacks (such as the 9/11 attacks), regional conflicts, or epidemics. Hurricane Katrina and the 2004 tsunami are popular targets of charlatans who commit charity fraud; another more timeless charity aimed at raising money for cancer research, AIDS or Ebola viruses, orphans (fraudsters pretending to work for an orphanage or non-profit associated with it), or imitating charities such as the Red Cross or United Way. Scammers ask for donations, often linking to online news articles to reinforce their story of funding encouragement. Scammer victims are charismatic people who believe they are helping a worthy cause and are not expecting anything in return. Once sent, the money is lost and frauds often disappear, despite numerous attempts to withhold fraud by requesting a series of payments. Victims sometimes find themselves in legal matters after deducting the donations they should receive from their income taxes. The United States tax law states that charitable donations can only be deducted if made for a qualified nonprofit organization. Scammers can tell the victim that their donations are deductible and provide all the necessary donation evidence, but the information provided by the fraudster is fictitious, and if audited, the victim faces stiff penalties as a result of fraud. Although these scams have some of the highest success rates especially after major disasters and are employed by cheats around the world, the average loss per victim is less than other scam schemes. This is because, unlike fraud involving highly expected payouts, victims are much less likely to borrow money to donate or donate more than they can save.
Internet ticket fraud
Variations of internet marketing fraud offer tickets to the sought-after events such as concerts, performances, and sporting events. The tickets are fake or never delivered. The proliferation of online ticket agents and the presence of experienced and dishonest ticket resellers has triggered this kind of fraud. Many such scams are run by British ticket brokers, although they may base their operations in other countries.
A key example is the cheating of the Beijing 2008 Olympic global ticket run by Xclusive Recreation and Hospitality , which is sold through a professionally designed website, www.beijingticketing.com, under the name "Beijing 2008 Ticketing". On August 4 it was reported that fake tickets worth more than A $ 50 million had been sold through the website. On August 6 it was reported that the person behind the scam, which is entirely based outside of China, is tout the British ticket, Terance Shepherd.
Gambling fraud
Internet gambling has become an industry worth $ 15 million. Every online casino requires an operating license to run their business, and operators may lose their license or even face imprisonment if they do not follow the rules. Online casinos have become very lucrative and also competitive industries, with operators introducing new promotions every day. Promotional activities include exciting bonuses, prize money, jackpots, and other offers aimed at making the customer's online casino experience as often as possible. Having secure software such as 128-bit SSL (Secure Socket Layer) encryption is important.
Online gift card fraud
Because retailers and other businesses are increasingly concerned about what they can do to prevent the use of gift cards purchased with stolen credit card numbers, cyber criminals have recently focused on exploiting fake gift cards. More specifically, malicious hackers have tried to get reward card information that has been issued but has not been issued yet. Some methods for stealing gift card data include an automated bot that launches a brute force attack on the reseller system that stores it. First, the hacker will steal the gift card data, check the available balance through the retailer's online service, and then try to use the funds to purchase the goods or to resell to third-party websites. In the case where the gift card is resold, the attacker will take the remaining cash balance, which can also be used as a money laundering method. This undermines the experience of a customer's gift card, a retailer's brand perception, and can lead to thousands of incomes becoming expensive. Another way gift card fraud is done is to steal one's credit card information to buy a new gift card.
Social media and fraud
People tend to reveal more personal information about themselves (eg birthdays, emails, addresses, hometowns and relationship statuses) in their social networking profiles (Hew 2011). This personally identifiable information can be used by fraudsters to steal user identities, and posting this information on social media makes it easier for fraudsters to take over.
The problem of authenticity in online reviews is one of the old and stubborn. In one notable incident in 2004, the Canadian Amazon site inadvertently revealed the true identity of thousands of previous anonymous US book reviewers. One insight into the error revealed is that many authors use false names to provide favorable reviews of their own books. A recent study by BrightLocal (http://selnd.com/1xzy0xb) found that 88% of US consumers read online reviews "to determine whether local business is a good business" at least occasionally - 39% do so on a regular basis. Also, 72% said positive reviews led them to trust the business, while 88% said that in "the right circumstances", they trusted online reviews as much as personal recommendations. While scammers are increasingly harnessing the power of social media to engage in criminal activity, astute risk managers and their insurance companies also find ways to capitalize on social media information as a tool to combat insurance fraud. For example, injured workers do not work on workers' compensation claims but can not refuse to play contact sports in local semi-professional sports teams. Through social media and internet searches, investigators found that the worker was listed on the team roster and played very well.
See also
References
- Legend, Therza. "CYBER FRAUD: How to realize, protect yourself and your business." Reviews Podiatri, vol. 75, no. 1, 2018, p. 32. Academic OneFile, http://libraryproxy.tulsacc.edu:2095/apps/doc/A524380313/AONE?u=odl_tcc&sid=AONE&xid=151ca652. Retrieved on March 1, 2018.
- Lin, Kan-Min. "Understanding the Graduate Issues of Intensity Determinants on Facebook Continuation." Behavior & amp; Information Technology, vol. 35, no. 9, Sept. 2016, p. 693-705. EBSCOhost, doi: 10.1080/0144929X.2016.1177114.
External links
- Internet fraud on Curlie (based on DMOZ)
Source of the article : Wikipedia
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