5 Benefits of Using a Scam & Fraud Tracker

FraudTrac is an online scam-tracking website aimed at making consumers feel safe online, which is why we’ve created a scam and fraud tracker. Every year, millions of people are targeted for scams and fraud, leading to individuals and organizations suffering significant losses. They can protect themselves, their assets, and others by reporting and tracking fraudulent activities. But why use a scam and fraud tracker? There are many benefits of tracking scams and fraud. Read on to learn more.

What is a Scam & Fraud Tracker?

In the US, one in ten adults is scammed or becomes a victim of fraud every year. Suppose you report fraud online; what do you do after? Well, it’s important to track the progress of the investigation and ensure that the agency you reported it to is taking the necessary steps to prevent it in the future.

That’s where scam and fraud trackers come in. It’s a tool or resource that helps individuals and organizations identify and track fraudulent activities. It can include information on known scams and frauds, tips on avoiding them, and a way for users to report and share their experiences with scams and frauds.

The Benefits of Scam & Fraud Trackers

There are several benefits of tracking scams and fraud, which make these trackers important to have. Let’s look at some:

1. Increased Awareness

A scam and fraud tracker can provide information on the latest scams and frauds, which can help individuals and organizations stay informed and aware of the risks.

2. Protection Against Financial Loss

Around 70% of financial institutions lost over $500K due to fraud. A scam and fraud tracker can help individuals and organizations protect themselves and their assets from financial loss by identifying and tracking fraudulent activities.

illustration of a man carrying a box of financial loss on his back

3. Early Warning

A major benefit of tracking scams and fraud is that it provides early warning of new scams and frauds, allowing users to take action before they fall victim.

4. Community Support

A scam and fraud tracker can provide a platform for users to share their experiences with scams and fraud, which can help build a sense of community and support.

5. Improved Reporting

Another benefit of tracking scams and fraud is that it helps law enforcement and government agencies to take action against fraudulent activities.

Technology has advanced considerably in recent decades, and everything from filing scam reports online and tracking them has become a piece of cake. FraudTrac is a platform that allows anyone to file a complaint about fraud or an online scam easily, and our online fraud tracker makes it simple to track.

We work with government agencies and local law enforcement to investigate filed scam reports. Report any fraud or scam you see online, and let our team of highly-skilled experts help!

Contact us today, and we’ll help you with filing and reporting scams and fraud.

 

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