What should I know about Internet fraud?

Internet crime such as identity theft and online fraud racked up an estimated $782.1 million in losses in 2013 according to an Internet Crime Complaint Center (IC3) estimate, underscoring the fact that both legitimate businesses and scam artists alike have equal access to the Internet.

How can you avoid being snared by Internet fraud? Simple. If it sounds too good to be true, it is. Claims of "quick profits", "guaranteed returns", "double your investment", or "risk-free investment" probably indicate a fraudulent investment.

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