When you think of fraud, do you simply imagine someone stealing another person’s identity? While identity theft is a type of fraud, it is not the only one and this is why you need to get paper shredding in Orange County if you have confidential documents lying around the house. When you know the A-Z of fraud, you will begin to understand exactly why so many people are contacting companies for paper shredding in Orange County. There is an entire list of fraud types and by simply destroying personal papers, receipts and statements; you could avoid the three most common types.
Corporate Fraud
Any type of fraud that is committed against a business will be described as corporate fraud. In many cases, a criminal may commit corporate fraud against businesses in particular sectors, because they may see an opportunity and if you want to stay protected, it is imperative that you get paper shredding in Orange County. There are many examples of corporate fraud that you could face if you are not careful such as domain name scams, business directory fraud, intellectual property fraud, application fraud, false accounting, insurance fraud, check fraud, payment fraud, receipt fraud, personnel management and much more.
Advance Fee Fraud
If you have been targeted by a fraudster who has tried to make upfront or advance payments for a selection of services or goods, you will be a victim of advance fee fraud. Criminals will do this for their own financial gain and while it will benefit them financially, it could really hurt your bank balance. Some of the most common types of advance fee fraud include check overpayment fraud, loan scams, rental fraud, impersonation of officials and vehicle matching scams, to name a few. By simply paying for services like paper shredding in Orange County, you can stop your documents from getting in the wrong hands.
Individual Fraud
In a large portion of cases, criminals will target individuals because they believe individuals to be much more vulnerable than businesses. The types of individual fraud will differ greatly when compared to fraud committed against large organizations and businesses. If you pay for paper shredding in Orange County, you can stop insurance broker scams, timeshare fraud, share sale fraud, abuse of position of trust, property investor scams and premium rate phone fraud from denting your finances. The longer you take to dispose of private documents the easier it will be for a criminal to target you, so bear this in mind if you want to stay safe.
By investing in paper shredding in Orange County, you could reduce the risks of fraud by more than half.
