In order to prevent fraud we must first understand what fraud is. Webster’s Dictionary defines fraud as follows - ”A deliberate and willful deception perpetrated for unlawful gain; a trick or swindle, an imposter; a cheat.”

Fraud can include lying or making exaggerated claims in order to trick people out of property, money, or other valuables.

Fraud can include the theft of identity to commit other crimes.

Fraud can include a person attempting to portray someone or something that they are
not.

In short, fraud is a crime that can be perpetrated by almost anyone and it’s a crime
that can take many forms. However, that doesn’t mean we can’t effectively protect
ourselves.

Here are just a few tips for preventing fraud -

Trust your intuition, your gut feelings: If something seems to good to be true it likely is.

Keep an eye out for strange behavior: We can’t always spot criminals by their appearance. However, their behavior may just give them away. Watch for people asking about personal information, asking questions that don’t seem appropriate, or people just acting out of the ordinary. Be particularly careful when talking to people over the phone.

Prevent access to your personal information: Properly protect you social security number, your credit card numbers, your bank account information, and other information that can be used to steal your identity or to commit crimes in your name.

Stay safe!