Bastion Balance
In the modern world, fraudsters and con artists have developed sophisticated techniques to deprive honest people of their assets and wealth. As business transactions and banking has migrated to the online sphere, so too has the world of deceptive practices. Thus, it behooves any responsible investor or asset manager to learn more about common types of online fraud.
As a wealth management firm, Bastion Balance, based in Seoul, Korea, handles over $1 billion in assets. We have three generations of investors who have entrusted their wealth to our advisors’ hands, and we take that responsibility seriously. That’s why we are dedicated to exposing fraud in any form and bringing common cons into the public eye. With more awareness and education, hopefully the world of fraudsters will cease in the near future.
Types of Online Fraud
Internet fraud is a well-known and well documented form of con artistry. It comes in various forms that often involve hacking, virtual intrusion, or the proliferation of private information. Below are a few types of online cons that commonly affect both private individuals as well as businesses, corporations, and even financial institutions.
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