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Shopping fraud

Such frauds are committed by people who rely on anonymity provided by the internet. The number of complaints related to such trades has increased in the last few years. 

Some of the common issues reported by clients are 

  • Buyers do not get the goods or get them late.

  • The seller fails to get the payment.

  • Some sellers do not provide the same product as described and do not provide certain key information. As a result, the buyer gets goods of poor quality than the one promised by the seller.

How To Spot It?

  • If someone loses money through such a sale, there is no prospect of returning the items or getting a refund. Also, when there is a risk of ID theft.

  • If you buy goods online that you do not get or arrive late, the quality is not as mentioned in the adverts.

  • If you have given the ID to the trader who uses it for fraudulent activities.

How To Protect Yourself?

  • Always get feedback from other clients of the seller before ordering any product. 

  • Check the descriptions carefully and ask the seller more and more questions about the products offered.

  • Also, refuse to buy at heavily discounted rates and beware of people offering a deal below the reserve price. 

  • Do not buy from people who do not have a reliable credit history.

  • Check the URL of the browser to see if the address has been modified.

  • Always carefully check the emails from the sellers to see if they come from auctions or payment sites. They may ask you to enter your detail and update account, but you should not click on the links offered in such emails. Always read the terms and conditions, and if you do not get a bid, you should not try to get it through alternative ways like another seller offering the same and sending you a mail. 

  • Always pay by credit card and avoid money transfers. Do not indulge in direct bank transactions with unknown suppliers and always try to make secure payments.

  • Do not provide confidential details on emails. Use reputed payment sites and do not accept payment by cheques.  Do not accept cheques of the higher amount or with a difference as it can turn out to be a stolen or forged document or misrepresentation of the amount may have been made intentionally to get a refund from the client to get their bank details ultimately.  

  • If the seller misrepresents the items you bought, report them to the authorities.  Always keep the evidence, and you can alert the authorised institution by calling them directly.

Date Published: Jan 21, 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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