In a perfect world, this article would not need to be written because the world would be an honest place and nobody would want to take your hard earned money. Unfortunately, there are a lot of crooks and con artists out there, and it’s not always purely for the money that people steal.
People scam other people simply for the challenge or because it gives them a thrill to get one over on you or anyone else they might be able to fool. The compulsion to scam is so compelling that they’ll even scam each other. As much as we wish it weren’t true, con artists are out there, and it’s important to protect yourself by being aware of the most prevalent scams whether online, over the phone, or through the mail.
Online Scams
Often, scammers use sophisticated technology and age-old tricks to get people to send them money or give out their personal information. To avoid detection, they constantly tweak old schemes, pressuring people to make important decisions on the spot, cheating them out of money and valuable information.
According to the Federal Trade Commission Consumer Protection Agency, there is a fake social security email scam going around right this very minute. The subject line of the email reads “Get Protected,” and the email talks about various new features from the Social Security Administration that can help taxpayers monitor their credit reports, finding out about any unauthorized use of their Social Security number.
The email sounds very convincing, even citing the IRS and “S.A.F.E. Act 2015.” Don’t be confused, this is a scam, and it’s all made up.
This email is a phishing email trying to get you to click on the scammer’s link. If this happens, the scammer can install malware like viruses or spyware onto your computer, where they can have full access to all of your personal information with just the click of a mouse.
Emails such as this might also include a link that sends you to a fake website or a lookalike website that is designed by the scammer to trick you into manually entering in your information.
If you find that you are questioning the identity of someone that has sent you an email, here are a few tips you can use to help detect a lie.
First you should know that many email providers are already using filters to identify phishing scams and spam, and often this prevents them from getting into your inbox. Because of this, most shady emails end up in your junk folder.
When questioning an email, the first thing you should do is check the sender. If the sender claims that you have won a gift card from Wal-Mart but does not have an email address reflecting someone from Wal-Mart, it is more than likely a sham.
Sometimes senders can hide their actual email address under a title, but hovering over the title of the sender should reveal the real email address. The next thing you should do is hover over any URL links in the email (do not click!), if the link leads to an unrelated “.com” website instead of the sender’s website or a legitimate “.gov” site, it’s important that you do not click on it.
These are malicious links and should immediately make the entire email suspect. If you’re still not sure if an email is legitimate, contact the agency directly by finding the contact information yourself, not the information from the email. The agency will usually have an idea of what they’ve sent out, and can help answer your questions.
When you receive a questionable email, never click on any links or open any attachments. Instead, report it to the FTC by forwarding the email to spam@uce.gov as well as to the organization being impersonated in the email so they can take the appropriate measures.
Phone
Although technology has made headway, thousands of people lose their money and personal information to telephone scams every year. Usually, phone scammers will try to sell you a product you hadn’t planned to buy, pressuring you into giving up some of your personal information like credit card details or your Social Security number.
The most common phone scam is telemarketing fraud, where phone scammers will use fake prizes, products, or services as bait. Sometimes, they call you, but other con artists will trick you into actually calling them yourself by sending contact information in a text, email, or ad asking you to call a specific number for more details. These scams often include travel packages offering free or low-cost vacations that end up costing a lot more in hidden costs, or credit and loan scams. Often, it includes advanced free loans, payday loans, or credit card loss protection.
They may seem credible, and could even be hard to spot since the con artist calls you directly, but don’t fall for it. If you receive a call claiming you’ve won something you have never entered a competition for just say “No thank you” and hang up the phone.
To protect yourself against telephone scams, you can register your home, and cell phone numbers with the National Do Not Call Registry, which was created to offer consumers a choice regarding telemarketing calls. However, this won’t stop all unsolicited calls, but it will help prevent most, further protecting you from answering a spam call.
Ask yourself “Does this offer sound too good to be true?” If the answer is yes, you should be cautious. Con artists will put pressure on you by refusing to take no for an answer, insisting that you make an immediate decision.
The truth is, they don’t want you to think about it too long because you may realize it’s a scam and back out, so they may even say you are only one of a few that are eligible for the offer when they’re in fact targeting hundreds of thousands of consumers. If your credit card information is requested for verification, never provide your details if you’re not making a purchase.
Most importantly, if you are given no written detailed information and are required to send money or provide credit card information before the telemarketer will provide the details in writing, be wary. Scammers will have excuses for these tactics, so you should be prepared to set your manners aside and hang up. Never feel pressured to make a quick decision.
If you believe you’ve been a victim of a phone scam or telemarketing fraud, file a report with the Federal Trade Commission.
Mail Another favorite choice of many scam artists is to impersonate the U.S. Census Bureau. This federal agency is responsible for collecting data about the people as well as the economy of the United States. The Bureau collects some personal and demographic information from individuals and businesses to conduct their research.
Thus, some con artists may pretend to work for the Census Bureau to collect personal information about you to use for fraud, including stealing your identity. Often, they will send you letters that appear to be official letters from the Bureau, and could even try getting you to call them directly from a letter sent in the mail.
These scams may attempt to obtain information the Census Bureau never asks for such as your full Social Security number, your entire bank or credit card account numbers, money or donations, and even your mother’s maiden name.
If you have received a survey by mail, you can call the National Processing Center and check to see if it’s an official letter signed by a U.S. Census Bureau director or ask to see an ID badge if the “employee” comes directly to your door. If you have been fooled into a scheme in which mail was used, inform your local postmaster or nearest Postal Inspector.
The fact of the matter is that con artists will try everything and anything they can to target individuals. Not only are phishing and other scams a criminal act punishable by law, but it can also be tough to both spot a scam while it’s taking place and get your money back after you’ve been fooled.
Being aware of the scams that are out there, learning ways to spot potential threats, being cautious, and taking steps to protect yourself from any possible scams in the future could save you a lot of time, energy, and money.