Fraud is defined as “deceit, trickery, sharp practice, or breach of confidence, especially in order to gain unfair or unlawful advantage.” It is a crime that can be committed in many different ways, but it typically involves deception or misrepresentation. Fraud can have a serious impact on victims, both financially and emotionally. If you think you have been a victim of fraud, you should report it to the authorities immediately.
The internet connects us, empowers us, and entertains us. It’s an indispensable tool for modern life. But lurking beneath the surface of convenience and endless information lies a persistent and evolving threat: online scams. From sophisticated phishing schemes to emotionally […]
The digital age has brought unparalleled convenience to banking and payments, but it’s also opened the door to sophisticated fraud. This comprehensive guide provides actionable strategies to protect yourself and your business from the growing threat of ACH and banking
ACH & Banking Fraud: The Ultimate Guide to Prevention, Detection, & Recovery Read More »
The intentional misrepresentation of information or identity to deceive others for financial gain stands as a pervasive and ever-evolving threat in the contemporary world [1, 2]. This deception can manifest in numerous ways, ranging from the unauthorized use of payment
The Federal Bureau of Investigation (FBI) has issued a stark warning to millions of iPhone and Android users across the globe: delete any suspicious or unsolicited text messages immediately, without clicking on any links or responding. This urgent advisory comes
Elder financial abuse is a devastating form of bank fraud targeting vulnerable seniors. Learn to recognize the signs, protect your loved ones, and fight back against this growing crime. The golden years should be a time of peace, relaxation, and
Elder Financial Abuse: A Growing Threat to Seniors’ Savings and Security Read More »
The lottery: a beacon of hope, a dream of financial freedom, a chance to escape the mundane. But for scammers, it’s a fertile ground for deception, preying on those desperate for a life-changing win. Lottery fraud is a global issue,
Lottery Scam Alert! The Latest Tricks You Need to Know to Protect Yourself Read More »
In an era where digital connectivity and social awareness have amplified our capacity for compassion, it’s disheartening to acknowledge that scammers continue to exploit our goodwill. Charity and fundraising scams, fueled by evolving technology and sophisticated tactics, remain a persistent
The High-Net-Worth Individual’s Guide to Avoiding Charity And Fundraising Fraud Read More »
The “Donate Car for Tax Credit” scam preys on individuals’ generosity and desire for tax benefits. While donating a car to a legitimate charity can indeed yield a tax deduction, scammers exploit this concept to defraud unsuspecting donors. In this
The “Donate Car for Tax Credit” Scam: How to Avoid Falling Victim Read More »
Donating your car to charity in California can be a generous act, benefiting both worthy causes and yourself through potential tax deductions. However, the unfortunate reality is that fraudsters sometimes exploit this charitable spirit. This article aims to educate you
Beware the Pitfalls: Car Donation Charity Fraud in California Read More »
A car accident is stressful enough without the added worry of falling victim to a scam. Unfortunately, opportunistic individuals and even organized groups prey on accident victims, seeking to profit from their misfortune. Understanding the tactics used in automobile accident
Automobile Accident Attorney Scams: Protecting Yourself After a Crash Read More »
ChatGPT 4, OpenAI’s groundbreaking language model, is an impressive tool. But sadly, its popularity has attracted scammers eager to exploit the hype for profit. Fraudswatch.com is committed to exposing these scams and arming you with the knowledge to stay safe.
ChatGPT 4 Scams: Red Flags, Examples, & Reporting Read More »
Gift cards are a convenient and popular gift option, but unfortunately, they’re also a prime target for scammers. These fraudsters use a variety of tactics to trick unsuspecting victims into handing over their hard-earned gift card funds or personal information.
Gift Card Scams: Don’t Let Your Gift Turn into a Nightmare Read More »
Consumer Fraud is on the rise, and retailers are feeling the pinch. A sneaky tactic known as return fraud is swindling businesses out of billions of dollars every year. But what exactly is return fraud, and how does it involve
Return Fraud on the Rise: Stolen Goods and Counterfeits Costing Retailers Billions Read More »
While most consumers are vigilant against credit card scams or misleading advertising, a far more pervasive threat often flies under the radar: wage theft. Estimated to cost workers billions annually, wage theft occurs when employers withhold wages employees rightfully earned.
Millions Silently Robbed: Wage Theft – The Consumer Fraud You Might Not Recognize Read More »
Consumer Fraud Alert: Protecting Yourself from Malicious Product Tampering In today’s fast-paced world, consumers rely heavily on the safety and security of the products they purchase. Unfortunately, a growing threat lurks in the aisles: product tampering. This malicious act involves
Tampered Products: How to Protect Yourself from a Growing Threat (2024) Read More »
Consumer Fraud: The Confidence Trick of the Digital Age Consumer fraud isn’t just about stealing wallets anymore. It’s a confidence trick for the digital age, a carefully constructed illusion designed to exploit our trust in technology and convenience. Fraudsters are
2024 Tech Savvy Scams: How to Spot and Avoid the Latest Consumer Fraud Read More »
Consumers drive the market, and ethical businesses thrive on building trust with their customers. Unfortunately, not all companies play by the rules. Unfair business practices can be deceptive and manipulative, often disguised as legitimate transactions. These tactics exploit consumers and
Unfair Business Practices: Protecting Yourself from Hidden Consumer Fraud Read More »
Deceptive pricing is a cunning tactic employed by some businesses to lure you into spending more than you intended. This article will shed light on these misleading practices and equip you to become a savvier shopper. Have you ever seen
Deceptive Pricing: Don’t Fall for the Fake Sale! (Consumer Fraud) Read More »
Have you ever bought a product based on an advertisement, only to be disappointed when it didn’t live up to the hype? You’re not alone. False advertising is a rampant form of consumer fraud that preys on our desire for
Deceived by Deception: How False Advertising Tricks Consumers (and What You Can Do) Read More »
Definition: Payment and transaction fraud encompasses any deceptive or unauthorized activity designed to steal funds, goods, or personal information during a financial exchange. In our increasingly digital world, the convenience of online transactions comes with a price: the rising threat of
The Shifting Landscape of Payment Fraud: Protecting Yourself in the Digital Age Read More »
