An example of a fraudulent purchase transaction: From: XXXXXX XXXXXX [[email protected]] Sent: Saturday, October 1, 2005 AM Subject: International order enquiry Goodday Sales, This is XXXXXX XXXXXXX and I will like to place an order for some products in your store, But before I proceed with listing my requirements, I will like to know if you accept credit card and can ship internationally to Lagos, Nigeria.Could you get back to me with your website so as to forward you the list of my requirements as soon as possible.
The most common fraud takes place using credit cards.
This is when the account numbers and PIN numbers are obtained when a transaction is done.
The fraudster (s) use this information to withdraw money from unsuspected individual.
During this transaction people may steal this buyer's identity and act as him and request payment to an offshore account with an excuse that is not verified to be true and just an excuse to steal the said credit card.
An Internet fraud (online scam) is the use of Internet services or software with Internet access to defraud victims or to otherwise take advantage of them; for example, by stealing personal information, which can even lead to identity theft.
A very common form of Internet fraud is the distribution of rogue security software.Internet services can be used to present fraudulent solicitations to prospective victims, to conduct fraudulent transactions, or to transmit the proceeds of fraud to financial institutions or to others connected with the scheme.Research suggests that online scams can happen through social engineering Purchase fraud occurs when a criminal approaches a merchant and proposes a business transaction, and then uses fraudulent means such as a stolen or fake credit card to pay for it. Merchants who accept credit cards may receive a chargeback for the transaction and in the process, lose money.I insisted on Pay Pal because i don't have access to my bank account online as i don't have internet banking, but i can pay from my Pay Pal account, as i have my bank a/c attached to it, i will need you to give me your Pay Pal email address and the price so i can make the payments asap for the car and pls if you don't have paypal account yet, it is very easy to set up, go to WWW.Pay and get it set up, after you have set it up i will only need the e-mail address you use for registration with Pay Pal so as to put the money through.I have a pick up agent that will come and pick the car up after i have made the payments. regarding a surge in the quantity and quality of the forging of U. postal money orders, and its use to commit online fraud.