🚨 What Is Fraud?

Fraud is any deliberate act of deception intended for personal gain or to cause a loss to another party. It can occur in many forms—email scams, identity theft, phishing, payroll fraud, fake invoices, and more.

🔍 Common Types of Fraud

1. Phishing – Fake emails or messages tricking you into revealing personal or financial info.

2. Identity Theft – Using someone else’s personal data to commit fraud.

3. Internal Fraud – Employees abusing access to systems or funds.

4. Payment Fraud – Unauthorized use of credit cards or payment systems.

5. Invoice & Vendor Fraud – Falsified or duplicated billing attempts.

🧠 How to Spot a Fraud Attempt

• Unusual requests for money, gift cards, or sensitive information.

• Unexpected messages claiming you’ve won something.

• Emails from lookalike domains (e.g., @yourcompny.com instead of @yourcompany.com).

• High-pressure tactics urging you to “act fast.”

✅ Best Practices to Prevent Fraud

• Always verify the source before sharing sensitive info.

• Use strong, unique passwords and change them regularly.

• Enable multi-factor authentication (MFA).

• Report suspicious activity immediately to your security team.

• Educate employees regularly on the latest fraud tactics.

📣 Reporting Fraud

If you suspect fraudulent activity:

• Contact your internal compliance or fraud prevention team.

• Report phishing emails by forwarding them to: phishing@summitpartnersinc.com

• Call our security hotline: 1-412-912-7569

🔐 Stay Aware, Stay Secure

Fraudsters are constantly evolving—so must we. With vigilance, training, and teamwork, we can stop fraud before it starts.

Remember: When in doubt, check it out. Don’t trust—verify.