Fraud, Scams, and Account Protection
Fraud means using dishonest deception to gain something unfairly or to cause someone else a loss. One common form is tricking a person into giving up money or personal information. A scam is a specific dishonest plan or trick used to commit fraud. One common example is someone pretending to be a trusted person, or offering a deal that sounds too good to be true. Keeping personal information private, like an account number or a PIN, is one of the best ways to protect yourself. If something feels rushed, secretive, or too good to be true, it is worth stopping to check before acting.
This explanation is AI-generated and can occasionally be wrong.
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