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Our email inboxes, mobile phones and mailboxes overflow with fabulous-sounding offers to earn money from home, prize giveaways and cheap deals on goods and services--but how do you tell if they're genuine? Frauds and scams aimed at stealing your money and personal information have become increasingly sophisticated, while technological advances have spawned countless ways to target the unsuspecting.
March is Global Consumer Fraud Protection month. The Australasian Consumer Fraud Taskforce maintains a website (scamwatch.gov.au) to provide practical strategies on how to protect yourself from being a victim of a scam.
Each week of the month will focus on a different theme, offering consumers practical steps to protect their money, phone, computer and identity.
Protect your money
* Never respond to an email asking for your PIN or passwords.
* Never send money to someone you don't know or trust.
* Only invest with licensed firms and advisors.