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Image source: Getty Images. Business impersonation scams are the most reported type of financial fraud. According to a May report by the Federal Trade Commission (FTC), about 332,000 people fell ...
The best way to combat bank fraud is to be aware of common scams so you don’t fall victim. To help you get informed, he shared five signs someone is impersonating your bank . 1.
That’s why the FCC recently created a “Scam Glossary” to alert people to the many scams out there—and explain how to avoid them. Here’s what you need to know to protect yourself. Here ...
Similar government impersonation scams include the SSA impersonation scam. Every day, hundreds of scam calls are received on the US mainland which offer the recipients grant money from the Federal Government, but requesting a "small administration fee", [11] although there are no fees associated with applying for or receiving a government grant.
Utility scams: calls claiming that bills are overdue, threatening to shut off service. Common computer scams: Bank scams: warning you of fraudulent activity and asking for sensitive information.
For scams conducted via written communication, baiters may answer scam emails using throwaway email accounts, pretending to be receptive to scammers' offers. [4]Popular methods of accomplishing the first objective are to ask scammers to fill out lengthy questionnaires; [5] to bait scammers into taking long trips; to encourage the use of poorly made props or inappropriate English-language ...
The call typically begins "We're trying to reach you about your extended warranty"; it is a phishing scam intended to trick the caller into calling the provided number and then submit their credit card details to extend a non-existent warranty. Over 58 billion of these fraudulent robocalls have been made since 2021.
Scammers are using fake toll-collection texts to steal bank information, authorities warned. Avoid clicking suspicious links and report scams to protect your personal data.