Social Media Scams Alert - Scams on Social Media - Social media sites ask for, and often get, a large amount of personal information from users. Unfortunately, identity thieves may use that information to perpetuate scams, especially if you use personal information when creating security passwords.
If you have a public Facebook profile that gives your birth date and your parents' names and that kind of thing, they can provide the answers to security questions that your bank might have on its Web site. Even if your profile is private, identity thieves may find other ways to get your information.
Spammers, hackers, trying to sell products using fictitious profiles. Be careful about adding social networking "friends" you don't know in real life. And remember, just because a social media site asks for information doesn't mean you have to give it.
*** Never sending money to someone who asks for it over a social media service, there have been reports of scammers hijacking accounts and posing as friends.
