How do criminals obtain personal and financial information for fraudulent charges?

Criminals can obtain personal and financial information for fraudulent charges in various ways, including:

1. Phishing scams: Fraudsters send fake emails or text messages that appear to be from legitimate companies or institutions to trick individuals into sharing their personal and financial information.

2. Skimming: Criminals use devices called skimmers to steal credit and debit card information at ATMs, gas pumps, and other payment terminals.

3. Data breaches: Hackers target companies and organizations to gain access to sensitive information, such as credit card numbers, that can be used for fraudulent charges.

4. Social engineering: Scammers use social engineering tactics, such as pretending to be a trusted individual or authority figure, to trick people into giving out their personal and financial information.

It is important for individuals to be vigilant and cautious when sharing their personal and financial information online and offline to prevent fraud.