There are several common types of financial fraud, including:

1. Identity theft: This occurs when an individual’s personal information, such as their name, address, and Social Security number, is stolen and used to open financial accounts, make purchases, or commit other types of fraud.

2. Credit card fraud: This involves the unauthorized use of a credit card to make purchases or withdraw cash.

3. Investment fraud: This occurs when individuals or organizations are misled into investing in fraudulent or non-existent opportunities.

4. Ponzi schemes: These are fraudulent investment schemes that involve paying returns to earlier investors using the funds of newer investors.

5. Phishing: This is a type of online scam involving emails or other communications that appear to be from legitimate organizations but are actually designed to trick recipients into revealing sensitive information, such as passwords or banking details.

To protect themselves against financial fraud, individuals and organizations should:

1. Regularly monitor financial accounts for unauthorized activity.

2. Be cautious when sharing personal and financial information.

3. Use strong passwords and avoid sharing them across multiple accounts.

4. Keep software and security systems updated to protect against malware and other online threats.

5. Be skeptical of unsolicited investment offers or requests for personal information.