The enormous usage of online social networking applications has changed the way in which people connect with each other. However, the rise in utilization of these online applications has also discovered new ways of fraud. In this paper, the authors exhibited a concise examination of interaction without online fraud and interaction with online fraud on social networking sites. Furthermore, the authors also investigate some of the components that can influence the motive of accomplishing fraud on social networking sites and proposed a deception model to show diverse online frauds. The authors additionally examine the complexity of deploying and accomplishing these fraudulent techniques. The social media space continuously advances and keeps on being stretched out with various innovations that fraudsters can utilize; therefore, a structured model is required for online fraud. Also, the authors featured a few drawbacks of social networking architecture that developers must take into consideration in order to protect social networking users from online fraud dealings.