Realestate Fraud Awareness Tips

Credit Card

Credit card fraud includes the unauthorized use of a credit or debit card, or number from those cards, to fraudulently get hold of money or property. This scam can take many different forms and often relies on in advance vital information from unsecure Web sites.

Debt Elimination

Debt elimination schemes involve a agree to eliminate burdensome credit card, mortgage or other debt for an up-front fee. Organizers of these schemes create untrue documents for the victim to at hand to the holder of his debt. These types of scams may result in the loss of real estate and up-front money as well as a broken credit history.

Employment/Business Opportunities

Employment/business opportunity schemes come in different forms. Through these schemes, scam artists solicit individuals, sometimes by creating a fictitious product or service to sell, to steal money and or one's identity.

Identity Theft

Identity theft occurs when someone uses individually identifying information, such as a person's name, Social Security number or credit card number, lacking permission, to commit fraud or other crimes. This type of fraud affects as many as 9 million Americans annually.

Lotteries

Lottery schemes usually involve fraudsters who at randomly contact people advising them they've been selected as the winner of a lottery. The fraudsters then try to convince people to forward sums of money to receive their larger prize money.

Mortgage Foreclosure Rescue

Mortgage foreclosure salvage scams are designed to prey on individuals frantic to avoid home foreclosure. Scam artists attempt to obtain fees for services that purport to help sufferers keep their homes. These services don't stop the foreclosure process. Some scam artists may offer to refinance a mortgage as a means of saving a home from foreclosure.

Nigerian Letter or "419"

Nigerian Letter or "419" schemes involve scam artists who sometimes pose as business owners, bankers or foreign government officials needing assistance to move money from their country. Scam artists may challenge to learn individual and banking information and collect an up-front fee to supposedly transfer funds.

Smishing

"Smishing" is the transfering of text messages to cell phones to solicit personal information. Fraudsters use this information to steal your uniqueness or to withdraw funds from your banking account.

For more information visit : http://www.fbi.gov/publications/fraud/securities_fraud.htm