Issues

Don’t be Scammed!!!!

Posted by Debbie Pilson in category Legal on January 25, 2012

Don't become victim to a scam.  Be cautious and watch for (listen to) warning signs.  These are a few of the commons scams, especially on seniors:

• A call saying you have won a large sum of money or a new car.  To claim the prize, you are requested to send some money.
• Someone may call or try to visit claiming they want to sign you up for new health care benefits.  They obtain personal information (such as social security number and birth date) and use that information to steal the victim's identity.
• Investment fraud - You are invited to participate in an investment opportunity and promised spectacular profits with no risk.  Instead of making money, you lose it.
• Credit-related schemes - you are promised a credit card for an advance fee.  You pay, but the card is never delivered
• Charity scams - A natural disaster is dominating the news, and you get a letter/mail/phone call asking you to donate funds to help the victims.  You send the money, but the victims never receive your donation or receive only a tiny portion.
• A fraudulent telephone carrier may change your long-distance phone service without your permission or knowledge, which usually results in higher charges for long-distance calls on your phone bill.
• You are asked to pay up front before materials are purchased or a home repair is done.  The person takes the money and never comes back.

Following are some  Fraud Prevention Tips

• Read your telephone bill carefully each monthly and make sure you still have the long-distance company you selected.
• Offers too good to be true usually are.  Ask to receive the "unbelievable deal" or "amazing offer" in writing so you can read it carefully before making a commitment.
• Never give out your personal information over the phone or internet unless you have initiated the contact.  Personal information should only be shared when you are absolutely certain you know the person or company you are dealing with.  If there is ANY doubt or reason to be suspicious, withhold the information until you can verify that you are dealing with a legitimate offer.
• Anyone who sees suspicious activity should call 911 immediately.
• If a caller asks you to pay for an offer in advance or asks for your credit card number or social security number, tell the person you don't give out personal information over the telephone.
• Never allow your credit card to be used for verification.  Scammers try to devise schemes to obtain your credit card information even when you do not purchase anything.
• Practice saying "No."  You do not have to please everyone.  Do not try to please a salesperson.
• Get advice.  Talk to a trusted friend, relative or financial advisor before committing your money.
• Trust your instincts.  Your first impression is often correct.
• Check out the company and professional.  How knowledgeable, experienced and reputable are they?  Large firms are not a guarantee of quality.  
• Never give in to  high-pressure sales tactics that urge you to "act now."