There are several types of fraud. Regardless of how old you are, gender, race or education, you could be fooled easily. Being familiar with scams and fraud attempts ensure that you can protect yourself from falling victim on con artists. One of the types of fraud is Internet Fraud. Many con artists have perpetrated the internet, such as online auctions, internet sales and fraudulent online purchases.

Another kind of fraud is telefraud. It is an international problem and could originate or happen in any country.  While not all telemarketers are deceptive, it is necessary to determine the credibility of the company you deal with before you send money or agree to supply information. Identity Theft is another kind of fraud that you should be careful about. It is the fastest growing kind of fraud in Canada. In the year 2003, over thirteen-thousand Canadians have fallen victim to identity theft. This crime occurs when unscrupulous persons get enough information about you in order to impersonate you online, through mail, phone or in person. These people will get your social insurance number, driver’s license number, credit card number and more.

With so many frauds today, it is necessary to be wary and to be aware of your dealings so that you will not fall victim to these scams. You should protect your hard-earned money by becoming aware of the methods that many scammers use.