How to spot an online bargain from a scam
We’ve all been there. One minute we’re captivated by an online deal that really does seem too good to be true, the next we’re sending hundreds of thousands of dollars to a Nigerian “Prince”. But how do you spot an online bargain from a scam? We take a look at some of the tell-tale signs.
Be wary of the risks:
It’s important to know about the many risks online. We touched on these risks April when we talked about online scams you need to know about. This sites can be anything from auction and shopping scam sites, spam (junk mail) offers, “free” offers, fake online dating profiles and sites that require you to enter information that may include personal information or banking details.
Potential online risks:
1. Know who you’re talking to - If you’ve never actually talked to the person you’re communicating with online you’re entitled to feel a little bit sceptical. Take some time to do research before you press send. Even something as simple as a Google image search can help you determine legitimacy.
2. Be wary of suspicious emails - If you’ve received a message out of the blue that has an offer that seems too good to be true, that probably means it is. If possible, try and verify the sender’s identify by using a general online search, of even an independent source like a phone book.
3. Keep your passwords safe - We're online all the time these days which has made it so much easier for scammers to access passwords and pin numbers, so make sure you keep this information in a safe place. And as a general rule you should never give out any of this information online.
4. Only shop with services you trust - It’s become so easy for fraudulent sites to mimic legitimate ones that it can be a bit of a minefield out there at times, but here the most important thing to do is use your best judgement. Only make transactions with brands that you know and trust.
How to spot a scam:
Fake email
If you’re not expecting an email from a company it’s important to be highly alert. Scammers are able to pretty accurately replicate logo and email deigns of real companies these days. Always be alert and if you’re the slightest bit concerned don’t click on the link or the attachment.
Fake dating profile
Scammers often employ fake photos they’ve found online when they’re compiling their new profile so always be wary of the photo, location and interests of your online admirer. If possible use an image search service such as Google or TinEye to figure out where the photo is popping up online.
Follow up scams
Online scammers will sometimes try to take further advantage of you by extracting more money through a follow up scam. Common examples included fake messages from “law enforcement agencies”, “doctors” and of course, “Nigerian princes”. Be wary and if it feels weird don’t click.