The most common frauds that you might encounter

Do you plan on purchasing some product at a very attractive price? Be cautious!

Do you plan on purchasing some products online at a suspiciously low price? We advise you to carefully verify your counterparty. Moreover, you should not transfer any funds in advance.

There is an increase in reports of fake ads offering electronics, cars or agricultural machinery. Are you planning on replying to an offer like this? You should pay attention to the following details:

  • Unreasonably low price coupled with a request for full or partial payment in advance;
  • Products are located abroad;
  • Delivery by a middleman, who would guarantee delivery of the goods and/or potential refund;
  • Ads may be written in broken Czech or in English, published on Czech or foreign websites or forums;
  • Even though websites of advertisers or forwarding agencies may look credible, there is no guarantee your products would ever arrive.

In case you have any doubt at all, do not transfer any money. Make the best effort to verify the given offer so that you do not end up buying a pig in a poke.

Have you received an email with a change in your business partner’s bank details? Be cautious!

Have you received an email from your business partner notifying you of new payment instructions? We advise you to verify such information – either in person or via telephone – using contact details that you normally use or that are publicly available. Attackers may alter the relevant payment instructions sent by email and you may ultimately transfer money to a scam artist, without even knowing about it.

Do you plan on traveling and are you looking for cheap accommodation? Be cautious!

Have you found suspiciously cheap accommodation at an accommodation site, such as Airbnb? Accommodation sites have clearly defined rules governing payments for accommodation. Review these rules and always follow them. If anyone requests another payment method, do not make the payment and verify everything with the given site.

Have you met someone online or via social networking sites? Be cautious!

You have been friends for a while and now he or she contacts you with a request for financial assistance. Scam artists usually have a heart-warming story - often involving illness or death in the family - or promise to meet you in person. These people often try to establish their credibility by presenting fake IDs or pictures or by offering “personal” communication via Skype. In most cases, they cannot – for some reason – access their financial funds and they promise to return your loan soon. We advise you to control your emotions and really think everything over before actually transferring any money.

Have you received an email with a promise of tremendous wealth? Be cautious!

Would someone like to voluntarily share a substantial part of their lottery winnings or unexpected inheritance with you? In this case, scam artists will request some payment, such as fees for opening an account abroad, legal fees, etc. These scams always have one thing in common – a request for payment of a sum of money. If you in fact make such payment, you will most likely lose the promised fortune as well as your own money.