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These types of racketeers build a wonderful strategy before they target the innocent citizens and swindle hundreds of dollars from the victims at an appropriate time and place without their knowledge.

There are different types of scams like lottery scams, sex racketing, trading scams, mobile scams, internet scams, investment scams and social media scams.

After developing these types of websites they will coin catchy words like this "We are offering hundreds of work home jobs where you can make millions of dollars browsing websites or doing simple jobs. The scammers will run away with the money and will never send any jobs to the customers.

The account holder will innocently provide all the details called for and fall prey to these types of scammers.

During the advent of the internet, hundreds of hackers gained entry into the savings bank accounts of the rich and affluent account holders and looted millions of dollars without the knowledge of the bankers and account holders.

Only after a spate of scamming and hacking the authorities woke up to this serious situation and worked out a defense mechanism to fight against the scammers and hackers.

So, the account holders should be very careful while using the ATM machines or while depositing or withdrawing the cash from the bank.

The tricky scammers will prank the pedestrians and loot their hard-earned money.

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