Fraud: Understanding How it Works
With the expanding Internet we hear more about identity theft and fraud. Teaching our teens about the dangers of identity theft as well as how to protect their private information is part of parenting. Fraud Facts: Your bank will never email or call you for your account number. Talk to your teen about not giving out their account numbers, PIN's or their social security number. Don't wire money to people you don't know. With the growing social networks and online shopping, teens have to beware of all scams that can involve wire transfers. Check out the company with the Better Business Bureau. Although there may be many businesses that are not members, you can do a simply Internet Search to detect if there are any valid issues against a business. There are no legitimate jobs that involve reshipping items or financial instruments from you home. Foreign lotteries are illegal in teh U.S. You can't win money no matter what they say to you. Check...