Scam and fraud are two different practices, although the terms are often used interchangeably. In an online scam, someone always loses money or resources – time and energy – to scammers, usually through a scam website.
Many common scams are incredibly simple and easy to spot. For example, the scammer could pretend to be a celebrity and ask you for a small amount of money.
Some other internet scams are incredibly complex and involve a scam website that’s a replica of websites like Amazon. These are known as spoofed websites.
You’ll even see fake discount coupons or forged documents from your bank account. There are also identity theft scams, credit report scams, and scams that offer free money from the government.