Beware the online fraudsters
As the Internet becomes a part of everyday life for many people in the UK we are seeing growing interest in areas such as online auctions which attract billions of pounds worth of business around the world each and every year. EBay is obviously the dominant factor in this particular market and while there are many safety nets built into the system we are seeing more instances of alleged fraud and alleged financial irregularities.
The problem seems to be that many people believe what they see on the Internet without actually investigating the seller further and seeing what they actually have to offer. The Internet is no different from the everyday hustle and bustle of normal life and ultimately if something looks too good to be true then there is a good chance it is too good to be true. Those who hand their credit card details to purchase items on the Internet, especially where there is no history of the seller having sold items before, are literally taking a big chance.
More people are waking up to the fact that once their credit card details have been passed over, their accounts have been plundered and they have been signed up to various offers and various memberships. Be careful!
Share this..
Related stories
Dormant accounts project 'a success'
Halifax's dormant accounts scheme has successfully reunited 7,200 people with long-lost funds, the firm has said.According to the bank, around £16.6 million has been transferred back to its original owners - an average of £2,300 a time.The scheme was introduced by Halifax in advance of new government legislation, which requires all monies in accounts which have remained untouched for over 15 yea...
Read MoreIs The Oil Price Set To Move Higher?
A the oil price moves menacingly back towards highs reached early last week, there are concerns that the uneasy standoff between Iran and Israel is set to cause more friction and concern in world oil markets. The price of Brent crude is now hovering just under $142 a barrel, having broken the $142 level last week before a small bout of selling kicked in. But can the price of oil really move high...
Read MoreProspects for the UK property sector
There was much attention focused on the UK property sector yesterday with hopes that the government would step forward with significant assistance and significant financial help for this vital area of the UK economy. As it happens Alistair Darling confirmed that the stamp duty holiday on properties with a value of under £175,000 was to be extended until the end of 2009 along with significant inve...
Read MoreRoyal Bank of Scotland staff set to sue over bonus scheme
Tens of thousands of staff at the Royal Bank of Scotland are set to sue the government after the company's bonus scheme was slashed under pressure from the Chancellor Alistair Darling. They claim that while the bonus scheme had initially been "at the discretion of the board" a letter from Sir Tom McKillop in 2007 had guaranteed a 10% bonus from then onwards. If this guarantee is proved to be legal...
Read MoreMoney is the biggest worry for 3.4 million Brits
Research from Alliance and Leicester into financial attitudes in the UK has revealed that for 3.4 million British people, money is the biggest concern in their life, with nearly a fifth or 18 per cent worrying about money everyday.Unsurprisingly, some times of the year see money worries escalate - with half of those who worried about money said their concerns were triggered by the costs of Christm...
Read More