The past two years have seen an explosion of crypto currency scams which has led many people to ask the same question - how? After all, crypto currency is something most people don’t understand, and those who do follow it know that it is very volatile, completely unregulated, and has no protection for investors. So, given all of that, how are people losing billions a year to crypto scams? If we had to pick someone to blame (besides the criminals), it might be Cupid.
If we really want to keep ourselves - and our money - safe from fraud, we must all come to terms with one thing: our personal information is likely already out there. Many entities have our personal information – credit card and bank account numbers, Social Security numbers, and health-related information – and data breaches have most likely exposed it. So, what can we do to protect ourselves after the fact?
Love is in the air as Valentine's Day approaches, but so are romance scammers, preying on unsuspecting hearts. AARP Pennsylvania is committed to keeping you informed so that you know how to spot and avoid scams.
Fraud criminals use all sorts of pitches to claim to help you become debt-free. These offers usually involve up-front fees, bad advice like stopping communication with your creditors and vague details on what services they actually provide.
It’s New Year’s Resolution time. Time to make a commitment to be fraud aware in 2024. For the next 52 weeks, like clockwork, scammers will be on the prowl looking to steal our money or sensitive information. Instead of making one pledge this New Year make a resolution to remember these three words: stop, think and verify.
One of the most nefarious scams today is bank impersonation. Money stolen through these schemes is rarely recoverable, so it’s particularly important to be aware of this scam and share what you know with others.
The holiday deals have already begun, but buyer beware – not all of those great deals you see online are legit. Because if the online shopping season has started it means that online scam season has officially begun too.
In August of 2022 the Veterans Administration (VA) began the largest expansion of benefits in its history with the enactment of the PACT Act. The Act, which compensates military personnel and veterans for exposure to toxic chemicals has led to 4.5 million toxic screenings and the expansion of benefits to more than 400,000 individuals. It has also created an opportunity for criminal scammers.
Social media has become a dangerous marketplace. Scammers are great at creating slick ads and professional looking websites and for minimal cost they can force them into your feed.
Scammers are like viruses: they continually evolve in response to the latest news and trends. Here are two scam variations that experts have seen trending so far in 2023.