Topics: Issues : Fraud
In law, fraud is intentional deception to cause a person to give up property or some lawful right. Fraud as more generally defined is deceit, trickery or cheating.
Advance Fee Fraud
The scheme usually works as follows:* An individual or company receives a letter or fax from an alleged "official" representing a foreign government or agency;* An offer is made to transfer millions of dollars in "over invoiced contract" funds into your personal bank account;* You are encouraged to travel overseas to complete the transaction; * You are requested to provide blank company letterhead forms, banking account information, telephone/fax numbers; You receive numerous documents with official looking stamps, seals and logo testifying to the authenticity of the proposal; * Eventually you must provide up-front or advance fees for various taxes, attorney fees, transaction fees or bribes.
Humor,
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Business Opportunities
Chain Letters,
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Internet
Chain Letters,
Fake Escrow Sites,
Make Money Fast,
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Investment
Investment frauds include every kind of fraud or misconduct related to stocks, bonds, commodities, limited partnerships, real estate, and other investments.
Ponzi or Pyramid Schemes,
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