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guest - June 19th, 2009 2:54 PM

I read that a Nigerian Money Scam or fraud case is going around the Internet. I realize it is mainly for consumers, but can it affect businesses to? [br]

guest - June 19th, 2009 2:59 PM

This type of fraud has become rampant all over the Internet. Mainly consumers are affected, but businesses are now getting the fraud as well. Actually, the defrauders decided to attack businesses more, because they know businesses make more money and therefore can get a bigger piece of the pie. [br][br]If a business responds to it, that business could very well have the company's bank account wiped out. If you own a business and you see this type of fraud show up in your email box, or sent to you by letter, just ignore it. Your best bet is to file a complaint with the FBI and local police authorities. This way the defrauder can be traced and arrested. [br][br]

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Fraud causes hundreds of millions of dollars in damage each year and affects just as many people.

Credit card fraud is the most common type of fraud to occur each year and cost its victims up to $500 million dollars in damages each year. Despite the frequent occurrence of this type of fraud, millions of credit card users are still unaware of how to protect themselves against this type of thievery.

No one is completely safe from being defrauded. But, by learning how to protect against fraud, you will be better equipped to prevent yourself from falling into a scam that could cost you everything. Taking the time to protect yourself can help to keep you safe.