NAR's legal team warns that, when clients
fall prey to fraud through phishing, brokers could be legally liable if they failed to provide appropriate warnings.
Even smart investors can
fall prey to fraud and faulty advice.
Often this type of fraud is tied to relationship fraud, where the trust of the victim has been gained and then the victim
falls prey to a fraud.
IRDAI hereby urges the public to remain alert and not to
fall prey to frauds or scams perpetrated by miscreants who impersonate to be employees / officers of IRDAI or other insurance companies.
Not exact matches
You will have
to keep your brain, eyes and ears open in order
to not
fall prey for some
fraud.
Although older adults are often targeted — more than three - quarters of complaints
to federal agencies came from people 40 and older —
fraud experts say people of all ages and backgrounds can
fall prey to romance scams.
Most of us believe that we're too smart
to fall prey to financial
fraud, but successful fraudsters trick smart people out of their money by offering incentives that are just good enough
to be true.
Moreover, the vehicle owner who
fell to the
prey of the driver's
fraud will have
to bear the losses from his own pocket, as the car insurance company has refused
to settle that claim.
This is how many home buyers have
fallen prey to wire
fraud scams.