Information About Preventing Internet Fraud

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FDIC Consumer News – Winter 2005/2006 – For More Information About Preventing Internet Fraud


Comparing Related Financial Services - In addition to the credit card company advertisers listed below, Debtconsolidationloan.com offers a wide variety of consumer finance program listings to assist you with controlling your debts and other money management needs. Consolidate credit card bills with debt consolidation loans or use a credit counseling service for help with your getting your monthly budget under control.

  • Personal Loan Companies - Need a smaller loan? Personal loan financing is most often unsecured. Meaning... your home or personal property is not used as collateral and the loan decision will typically be based upon your credit history and your ability to make the necessary payments. Also, this is often referred to as a signature loan.
  • Debt Settlement Company - Too much debt? List of companies providing this alternative to bankruptcy that provides for debt negotiation and arbitration services for those that need to eliminate debt.
  • Consumer Debt Management - Do you feel that your credit card bills are stacking up with nowhere for you to turn? Your problem is not unique. Signing up with debt management firm may be the right solution to your debt problems. Review different firms offering these services to determine if this is the correct option for you.

For More Information About Preventing Internet Fraud

The FDIC Web site at www.fdic.gov features brochures, consumer alerts and articles published in FDIC Consumer News on topics such as safe banking over the Internet and protecting against identity theft online. You can also watch an FDIC video about protecting against online scams.


OnGuard Online is a Web site that has tips from the federal government and the technology industry to help consumers protect against Internet fraud, secure personal computers and avoid ID theft. The site, which is maintained by the Federal Trade Commission (FTC), can be found at www.onguardonline.gov/index.html.


The FTC''s Web site also has a wide assortment of consumer information on topics such as shopping and paying safely online and avoiding ID theft. Start at www.ftc.gov/ftc/consumer.htm.


The new "Looks Too Good to be True" Web site, a joint effort of federal law enforcement agencies and corporate partners, is intended to educate consumers on how to avoid Internet frauds. The site, which is funded by the United States Postal Inspection Service and the FBI, is located at www.lookstoogoodtobetrue.com.


Winter 2005-2006 Main Menu


FDIC Consumer News is published by the Federal Deposit Insurance Corporation


FDIC Consumer News is produced quarterly by the FDIC Office of Public Affairs in cooperation with other Divisions and Offices. It is intended to present information in a nontechnical way and is not intended to be a legal interpretation of FDIC or other government regulations and policies. Mention of a product, service or company does not constitute an endorsement.


Find current and past issues of FDIC Consumer News at http://www.fdic.gov/consumernews. Refer to this same index to locate the issues that are specially formatted for being reprinted in any quantity.


To receive an e-mail notice about each new issue of FDIC Consumer News posted on the FDIC Web site, with links to stories, follow instructions posted at www.fdic.gov/about/subscriptions/index.html.


Last updated on 2/02/2006

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The Debt Consolidation Loan Directory has a growing library of free informative / educational consumer resources for those shopping for many types of services related to the management of your finances, such as credit card consolidation, avoiding fraud and mortgage financing. There is no better way to make decisions regarding the management of your personal finances than understand how they work. Please feel free to visit our consumer information library.

  • Fraud that Targets the Elderly - Senior citizens are often the targets of fraud and identity theft. Among the reasons: Some older people have considerable assets (including their own home and savings accounts), they're easy to find at home, and they can be swayed by fears of losing their financial independence. (source: FDIC).
  • Vishing: Voice Phishing Phone-Based Scams - The FDIC has warned numerous times about "phishing" scams. This notice from FDIC informs you about "vishing," which stands for "voice phishing." It is very similar to the technique discussed above, except that "vishing" usually is initiated with an email.
  • Warning: Identity Thieves Target Young People, Too - Criminals also target young people even though they may be too young to have a checking account or credit card of their own. Identity thieves can use a young adult's name, address and Social Security Number to open fraudulent accounts. This FDIC article offers tips on how to help protect young adults from this type of fraud. This advice is pretty good for adults, as well.

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