-: Oct 10, 2017 / jana Barrington

2017 Top Fraud & Scam Attacks

Scammers shut down your brain logic! Consumers lost more than $16 billion from phone scams to identity theft; a billion more than 2015 and growing. More than 15.4 million consumers fell victims to these con artists according to Javelin Strategy & Research. Avoid falling into scams.

Top Fraud & Scam Attacks

College Loans – Cons are threatening you with arrest and other penalties demanding payment immediately if your “federal student tax” is not paid. Hang up the phone; this is not how the government collects unpaid student loans.
IRS Threats – Calls or emails from “fake” IRS agents. $47 million was netted by crooks in 3-years according to the Treasury Department. The IRS has reported a fourfold surge in tax-related phishing and malware incidents. From hacking tax professionals’ computers with bogus software updates allowing criminals access to their client’s personal and financial data. Accountant’s and consumers stay alert –don’t update your computer unless the update is from the company providing your service i.e. Apple, Microsoft, Adobe or QuickBooks.
  1. Mail Fraud – From lottery and sweepstakes to medical bills that are not yours, save yourself some time; don’t open it and throw it away. Anti-fraud teams in the United States, Canada, and Jamaica, are keeping up the pressure on scammers, but they are still out there! Spread the news.
  2. Phone Cheats – Scam artists don’t just stalk older people, these crooks pretend to be tech-support, your bank, your utility company, bill collectors, your telecommunication and Internet providers, unless you call them don’t take the call. Then we have the frauds pretending to be your grandchildren calling from a Mexican jail wanting money to get them out and others from phony credit card pitches, winning the lotto with extended warranties. Hang up!
  3. Scare Tactics – Anyone using scare tactics from threats of arrest, lawsuits, financial ruin, missing jury duty to not paying a bill is a hitman hoax; this includes threats of physical harm, virtual kidnapping, background screams and pleas by criminals posing as loved ones wanting money for ransom. Hang up the phone, delete the email and throw away the mail away.
  4. Telemarketers – The Federal Trade Commission has made it illegal for telemarketers to ask for payment in any way. A current tactic is purchasing gift cards from a scammer or over the phone. You’re better off buying gift cards at your local grocery center or the vendor’s website i.e. iTunes, Amazon, Dillard’s. Stay away from sites offering discounted cards.
The moral of this blog is do not become another victim falling in scammers traps, be alert! Hang up the phone, block their calls and don’t waste your time opening trash mail and reading it, throw it away! Children protect your parents and grandparents. Parents listen to your kids regarding the Internet, phone and mail fraud. Some of us are not as wise with the Internet as the generation below us – be involved and talk.
Be safe!
Posted in: Fraud Investigations