Today, I want to touch on some issues affecting our money, namely: Phishing, Ponzi Scheme and Skimming.
Firstly, I will touch on Phishing. What is Phishing? Phishing can be described as– impersonating as a trusted channels in an electronic communication to promote a revelation of personal information.
To avoid been the victim of this practices, Never conduct electronic transaction over Wi-Fi environment. Ensure updating is done via official channels. (Bank never asks for details via e-mail.
Secondly, Ponzi Scheme. What is Ponzi Scheme? It is characterized by a plan that offers high or unrealistic return rates for a small fund investment. Remember the golden rule, if it sounds too good to be true, most likely it is a lie. Deal only with recognized and proven entity. Check with relevant authorities before investing
Thirdly, Skimming. What is Skimming? It is a cloning of the ATM /credit/debit cards. The clone card is later used for other transactions but charged to the cards account. Always be careful when using ATM machines in an area of non-traffic. Ensure no double swipe of the credit card transaction. Check the card statement for any irregularities.
We find that it is getting sophisticated for the fraud to happen in our life time. The reason is that we have lost our values, principles in life because of the Love of Money – greed. People just do not care anymore in this cold world. They just want to be rich at the expense of other. Rather use money and love people, they love money and use people!
Now, we have fake eggs, fake rice, fake medicine, almost everything could be made fake! Now, white is not white, black is not black but it is grey. Good people, they called them bad people; bad people they call them good people.
This is the problem. The solution? Yes, Jesus Christ! He is our only hope. What is He got to do with this thing happening? A lot, in fact ALL! He is going to establish His government on this earth. But before that, the world will be ruled by this Anti-Christ in his New World Order establishment. One world religion, one world politic and one world economy. It is coming, and it is already here…