2004 Fraud Trends: Consumers Being Hounded by Phishing Scams
Experts are increasingly concerned about phishing, schemes in
which ID thieves trick consumers into providing their personal information by pretending to be a
retailer, financial institution, government agency, or other trusted party. Phishers often use scare
tactics, saying thing like: there is a problem with your last payment, or your account is about to be
closed to prompt people to respond immediately with the requested information.
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