Friday, July 18, 2008

10 types of common scams and frauds

The following posts of scams is by no means exhaustive. Hundreds or thousands of variations of these common types of scams exist and are used daily. Scam artists are extremely inventive in the stories they tell to take advantage of their victims. The names of these scams vary from place to place across the country, but they involve the same elements. Each type of scam contains at least one example, a list of common elements to that scam, and a list of what you can do to protect yourself in that situation. Not all elements would be present in every case of the scam.

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