Credit Card Fraud Stats – Protect Yourself from Being Scammed

Credit card fraud stats

Credit Card Fraud Stats – Protect Yourself from Being Scammed

Credit card fraud is real and there are figures to back this up. In fact, a lot of people have fallen victims and until now, justice has not been served. The problem is that it is too difficult to track down the perpetrators.

The activities are done online. They can pretend to be someone else and use their accounts. Some others go on a phishing scam just to get privacy information from others. There are also those who hack into other people’s computers and get their credit card information. Given their expertise, they can do just about anything online.

There are several reasons why this happens. To begin with, some people are just vulnerable. They don’t necessarily understand that they are already being scammed. There are others who keep using their credit card to shop online.

This is where most of the perpetrators become powerful. For instance, you might have decided to buy stuff from an online store in Bangladesh because the products are cheap. The site seems legit as it sells quality computers, laptops, and smartphones. The moment you place your credit card information, they leave and never show up again.

These people can make use of the information you have shared to pretend being you and spend the card on goods and services that you will ultimately pay for. This is outrageous and no one should go through this trouble.

To stay protected, below is an infographic that will help you fight against these bad elements. No matter how good they are, you can easily fight them off. They can only fool you if you allow yourself to be fooled. If you have the right knowledge and weapons to not be vulnerable, you will not be a victim.

Credit Card Fraud Stats - Protect Yourself from Being Scammed


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