Prevent Fraud - Page 2 of 6

How to Identify & Avoid Personal Loan Scams

We all experience unpredictable events in our life. From time to time, you may need more money than you have to respond to those events. Get fired at work? Relationship issues? Medical emergencies? For your convenience, many helpful lenders will offer you generous amounts. Right at the right time, these people reach out and come up with an offer that’s too good to be true. Money may solve problems. But how much does it matter Who you trust to help …

Fake Debt Collection Letters To Watch Out For

When you least expect it, you may find a surprise letter in your inbox. Perhaps you find an email message, or a collector calls to your phone number. “We are this institution. You still owe us this amount of money. If you don’t pay it back by this time, you’ll be in serious trouble.” That’s a message worth paying attention to. What do they want from you? What happens if you don’t listen? “If you don’t want to deal with …

Need to Fill Up? Beware of Gas Station Scams

Many of us have a “bad” habit. We know we need to refuel the car, but because we have somewhere to drive, we want to spend as little time as possible at the gas station. But this busyness can lead to overlooking frequent gas station rip-offs. Machine not working? Overpriced gas? Not a big deal; pay those extra dollars and keep driving. Unfortunately, a careless behavior may cost you more than $20. Your credit card. Even your car, if you …

Secret Societies – Shortcut to Wealth & Power or Scams?

All for nothing. Is it possible? Could you get all the money in the world, the healthiest body, or the best relationships overnight? Believe it or not, there are still people who want to believe it. But why? Isn’t it evident that greatness takes work and effort? You have to do what others won’t do, so you can get what others can’t: minority mindset. But what could be better than joining a secret group? After all, wealth isn’t always about …

How To Recognize Online Survey Scams

Does it sound too good to be true? Can you really make money from home doing nothing? Almost nothing. Only answer some questions, press some buttons, or fill some checkboxes. Although businesses won’t pay you for no reason, they may pay you for your opinions. Doesn’t it make sense? Advertising is expensive, and you don’t know whether people will respond to your ads (plus potential click fraud attacks). If you’re going to spend money on lead generation, would you rather …

Sneaky Parking Lot Scams To Watch Out For

Who isn’t busy these days? As you drive near the parking space, the game starts. “I have no time for this.” – You say to yourself. You pay to the closest attendant, find a spot, and walk into the building. Later you realize you may have paid a fake attendant money for free parking. Are they common? Yes. Can’t businesses do anything about it? They can, but they can’t do it all the time. Is it a big deal? No. …

Unclaimed Money Scams to Watch Out For

Who says no to money? What if you could get it for free with no catch? Most people would believe it’s a scam. Although it’s unlikely to happen, you may find any of these cases: What they have in common is, you first need to participate to have a chance to get unclaimed money. If you have never participated, then any claim of you having unclaimed money should be viewed as highly suspicious. Think about it: why would a stranger …

Portfolio Recovery Scams You Should Be Aware Of

Aren’t you tired of collector calls? They won’t let you breathe until you paid the last penny you owe. Whether you pay or not, they may take all kinds of legal actions against you because of your vulnerable condition. If you don’t pay back borrowed money in a while, a 3rd party collector may become your new lender. Once the lender believes you’ll never be able to pay it back, he’ll look for help. It doesn’t matter how they punish …

Beware Of These Loan Forgiveness Scams

Who would you choose to lend money? Someone who can pay it back. Preferably, someone who also pays an extra for the time you were without the funds you lent. It’s possible to forgive a loan if you’ll never pay it back, although that may stop you from getting further loans. The idea of getting rid of debt overnight sounds too good to be true. Every year, hundreds of thousands of honest, hard-working people apply for the forgiveness program. Less …

Beware Of The One Ring Scam Call

You got three missed calls. It appears urgent and you are tempted to call back. What do they want? Many make phone calls by accident, so you ignore them. The caller, however, keeps calling you at random times of the day, always stopping after one ring. If it’s so important, why do they hang off the call so quickly? You end up calling the number, engage in a fruitless conversation (if there is one), and forget about the issue. Later, …

How To Avoid a Used Car Scam: Put The Brakes On!

Buying the newest car isn’t always the best option, especially if it’s your first one. There’s a car model out there for each driver, based on how you want to use it. Sleek? Economic? Reliable? Your dream car could be waiting for you for a much lower price on a private owner deal. The question is: are used cars so different from the super-new? It depends on the way you drive, and what model you buy. Some high-mileage vehicles look …

Don’t Get Tricked By These Nigerian Scams

“Give me $1 to receive $5 later. You pay first.” Are you familiar with the “419?” A naive person gets blinded by the huge reward, trusting a stranger more than they should. They give money for a promise, and the con man runs away. Believe it or not, these schemes still profit over $700K a year, many of which come from, well, Nigeria? Stories have endless variations: charities, inheritances, get-rich-quick, romance, or e-commerce. The Nigerian Prince Letter or 419 name …

Watch Out For These Coronavirus Scams

Why is coronavirus dangerous? Why does it spread so fast? When will all of it end? Are there any virus tests? What does it do to your body? How to stay safe? You’ve likely stumbled with some of these topics since the virus outbreak that was proclaimed to be at the end of 2019. By the time you get to this article, there are dozens of thousands of blogs talking about it. Anything you need to know has already been …

Confidence Tricks Scammers Use To Win Your Trust

Have you ever been in a situation such as the following? A person you trust is acting strange. Your mind can see the red flags, but because you have a relationship of confidence with this person, you create an exception. “Appearances can be deceitful.” Think of this example: A friend tells you he’s going on vacation to another country. But one week after he left, you find someone in the distance that resembles him in a local supermarket. Could it …

Dissecting The Fraud Triangle

Have you wondered what moves scammers? Is the answer as simple as “money?” In these days, technology gives us more power than ever. You can either use those tools to create value or deceive people. For others, scamming feels like the only viable option. Even if you chose to scam, it takes effort and practice. You can use those same resources to create something beneficial. If so, why are fraud cases increasing? The fraud triangle may give us some insight. …

How to Recognize a Bank Of America Scam

Did you just receive a suspicious email, call or a text message that was supposed to be from Bank of America? How to tell if it’s a scam and what can you do about it? Thieves attempt to lure you into providing personal information with the help of bank phishing and email spam, fake telephone calls or even through regular mail. The goal of getting your personal information is the same, just the communication method is different. Bank of America …

Definite Guide to Moneygram Scams

Can you trust Moneygram? Yes, they can scam you on Moneygram, just as they can on any platform. Like Western Union, Moneygram is a money transfer company that wants the best for their customers. When we look at the usage of these payment methods that others make, that’s a different story. Even today, the most preferred methods to pass money to a scammer are money orders and wire transfers, hence the bad connotation of these companies. It doesn’t mean all …

Beware Of These Travel Agency Scams

“Receive FREE cruise tickets to travel around the world, any place you desire. Click the link, fill in the form, and we will email you with the gift!” “The Airlines are giving away free flights to 100s of lucky customers. Get your tickets now and click the link below! Those who don’t travel a lot would most likely reject the offer. How can you get such a deal for free? It can’t be true. Experienced travelers, however, know that such …

Affiliate Cookie Stuffing With Fake Cookies

Cookies stuffing is an illegal practice that leads to improper credit allocation. In essence, it is an act of fraud by which people can earn illegitimate commissions without doing genuine work. The affiliate makes his money not by referring people to the merchant’s website as they should, but by loading the website secretly and without the visitor’s knowledge in the background. In doing so, the affiliate wrongfully receives a commission and is in fact defrauding the merchant. To understand cookie …

5 Ways to Please an Identity Thief

Would you hand someone your credit card and tell them to go have a shopping spree, your treat? No. But you may as well be doing that if you don’t take some precautions with your identity. Fraudsters are watching you, and they’ll jump at the chance to steal your bank account number, Social Security number, and anything else they can exploit for personal financial benefit, not caring about the damage their victims may face. If you really want to hand …