6 Types of Online scams

There are many different types of online scams, and new ones are constantly being developed. Some common types of online scams include:

Phishing scams: These scams involve fraudulent emails or websites that appear to be from legitimate companies, and are designed to trick you into divulging sensitive information such as login credentials or financial data.
Investment scams: These scams involve offers of high returns on investments, but are just ways for scammers to steal money from victims.
Lottery scams: These scams involve emails or letters claiming that you have won a lottery or sweepstakes, and asking you to pay a fee to claim your prize.
Ponzi schemes: These scams involve offering high returns to investors, but actually using these new investors to pay the returns to earlier investors, rather than generating any real profits.
Nigerian letter scams: These scams involve emails or letters claiming to be from a wealthy individual in Nigeria, who needs help transferring large sums of money out of the country in exchange for a cut of the proceeds.
Work-at-home scams: These scams involve offers of high-paying jobs that can be done from home, but are actually just ways people pay upfront fees or purchase unnecessary supplies.

It is important to be cautious when interacting with unfamiliar individuals or companies online and to be aware of these common types of scams.

This is not a scam we SG Welfare Community is truly working for your welfare so, Donate with the button below.

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