# What are some common types of consumer fraud and how can they be prevented?

Consumer fraud is any deceptive practice or scheme designed to cheat consumers out of money or personal information. Common types of consumer fraud include identity theft, credit card fraud and phishing scams.
To prevent consumer fraud, be sure to safeguard your personal information and be cautious about sharing sensitive data with anyone you do not trust. When transmitting money to friends and family or for purchasing a good or service, you should always verify the identity of the recipient and confirm they are a trusted contact. For more information about how to prevent consumer fraud, especially when transmitting money, please visit [https://consumer.ftc.gov/articles/what-know-you-wire-money](https://consumer.ftc.gov/articles/what-know-you-wire-money)