Money in your Account today

Bank and loan fraud

ASICs MoneySmart MoneySmart

Fraudsters have smart ways to obtain your bank, debit cards or private information and cheat you out of your money by providing you with loans. Learn how to help yourself by detecting the warnings of bank and fraud. Fraudsters don't have to shoplift your plastic to take your money - they just need your plastic number.

You can get them by: install antispyware on your computer so they can see the file you're using, the web sites you've visited, and the information you've stored. A few fraudsters also shoplift new postcards from mailboxes, browse the detail from the postcards to use them later, or request postcards with missing IDs. Fraudsters who know your personal identification number can use a "cloned" debit/credit card (where your data has been transferred to the swipe stripe of another card) to withdraw from ATMs.

A fraudster may have taken over your payment information if your payment information is misplaced orolen. Fraudsters will call or e-mail you to provide you with a mortgage or mortgage. You will say that you are a licensed Aussie business or an Aussie borrower. They will ask you for advance payment before you get the money if you accept the loans.

There is a danger that you could become a target of fraud if you are given a very low interest rat. It is the goal of fraud to get you to provide them with your identity information, account numbers, debit cards, and, most of all, your password. It could be infecting your computer and giving someone else full of it.

They could also trace your keystrokes to obtain your usernames and password. E-mail or SMS that you are receiving is definitely a phone fraud when it says that you should get a reimbursement for a charge that was incorrectly billed to you. E-mail or text messages can also be a fraudulent phishing: is a poll that gives you a rewards or a price to fill out.

Fraudsters can be reckless, so it's important to be alert about how you protect your information and who you're dealing with. When a fraudster gains use of your plastic or your account, call your account immediately and ask them to suspend the account. Fraudsters are trained to find ways to get their money in their thumbs.

Be always alert to the protection of your privacy and distrust anyone who offers you light money - there's almost always a hook.