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Fraudsters get the personal information they need to assume your identity through theft.
A scammer assumes your identity and uses your personal information, bank account or credit card details to make unauthorized transactions and purchases, whether online or in person. They usually obtain a victim’s personal information by posing as someone from an authority (like a bank or government office) and telling the victim that they need to provide personal information for official purposes. The same information can also be obtained through other fraudulent means like skimming, card cloning, phishing, vishing, and spoofing.
THEFT of victim’s personal and account information.
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ABOUT THE BLOGGER
Hi, I'm Ralph Gregore Masalihit!
An RFP Graduate (Registered Financial Planner Institute - Philippines).
A Personal Finance Advocate. An I.T. by Profession. An Investor. Business Minded. An Introvert. A Photography Enthusiast. A Travel and Personal Finance Blogger (Lakbay Diwa and Kuripot Pinoy).
Currently, I'm working my way toward time and financial freedom.