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Proxy servers

These days, the scammer uses multiple tricks like package rerouting, proxy servers, and VoIPs to hide the caller's exact physical location. They make unsolicited calls to sell bogus plans impersonating authentic authorised websites or approved government numbers.  

The communications are rerouted to appear to be coming from a different location or overseas. The fraudsters try to hide their identity and place of operation to commit fraud and prevent legal action. 

Phishing is the common tactic where proxy servers intercept the communications, impersonate authorised firms, and operate with the desired approved numbers. They create fake login pages that connect to real bank sites, and the users are trapped into filling their real details into their sites. 

They collect such registration details of visitors who visit their fake page and use it to defraud the bank's clients. In addition, they send spam emails that purport to be coming from the bank but may contain a link to the spoofed website. 

In most instances, the fake servers collect information through login pages, which is used to scambank customers. 

The scammers use other methods, like using a VoIP number – Voice over where the number appears to be coming from a recognised authorised office. However, even VoIP offers anonymity to the caller.

In some cases, the frauds send emails with subscription services. The user is redirected to a website that seeks background checks and contact details to confirm the plan, often indicting a suspicious action.

Although VoIP or proxy is not necessarily cheating, it offers provisions to hide information used by the frauds.

In some cases, they use simple tricks like rerouting the package to get it delivered to their location. The method of operation may appear simple but can be extremely sophisticated, and the authentic seller or the cardholder may lose funds into such transactions. 

Often people reroute their package delivery to their workplace, which makes it difficult to track. Still, online websites have identified the risks and modified their operations to ensure the authentic buyer approves the reroute. Further, one should seek legitimacy in all such deals to avoid a loss.

Date Published: Feb 01, 2022

Types of fraud

A-Z of fraud

To help understand which fraud you've been affected by, we've categorised them into an alphabetical list.

What is fraud and cyber crime?

Cybercrimes can be of two types. First, it can be cyber dependent, where the fraudsters use online devices to convince the victim to accept their offers.

Advance fee fraud

If you are trying to get a loan for a house or a car, they ask to meet the provider to get the financing arrangement and pay the finder's fee in advance.

Corporate fraud

Corporate frauds can be complicated, committed either by the firm or an individual. Nevertheless, it mostly involves cheating where the employee or the firm.

Individual fraud

There are many types of individual frauds related to advance fees, investments, insurance brokers, bogus tradespeople, Ponzi schemes, pension liberation.

Online fraud

Hence the number of cases of online fraud is increasing each year, and most such cases include – account takeover, direct frauds, or scams related domain names.

Identity fraud and identity theft

The criminal uses the stolen identity of another person living or deceased to conduct unlawful activities like obtaining goods or services in another's name.
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