Learn how to protect yourself from identity theft and fraud. The Identity Theft and Fraud: How to Protect Yourself webinar is offered at 10 a.m. and 6 p.m. on Tuesday, July 21, 2020. To register, click here.
Peer-to-peer (P2P) payment platforms like Venmo, PayPal, Cash App, Apple Pay and Zelle allow consumers to transfer funds online or through an app quickly from their bank account to other people or businesses. In a recent ElderWatch survey 43 percent of Coloradans 50+ indicated that they use these apps for the recommended purpose, transferring funds to friends and family. But beware, scammers are requesting payment via P2P apps more and more. Here are some tips to help stay safe:
Scammers look to capitalize on the news of the moment, especially if the headlines can instill fear and motivate people to act. The ongoing outbreak of the coronavirus is no exception. While scientists and medical professionals are working overtime to find ways to test for and stem the spread of the virus, the Federal Trade Commission warns that bad actors are working hard to use this as an opportunity to deceive consumers and steal their money or sensitive information.
Because of the Coronavirus global pandemic, scammers are using different ways to approach their victims. Often times they will use the guise of a government agency or reputable business to try and obtain personal or financial information. The following are a few of the imposter scams to watch out for during this time:
With more Coloradans staying home than ever during the global Coronavirus pandemic, it is important that we review some the ways that scammers might try and take advantage of isolated, financially strapped or bored people:
Scammers work hard to get us in a heightened emotional state where decision-making is compromised. Con artists refer to this as getting their targets “under the ether.”
The Inspector General of Social Security, Gail S. Ennis, is warning the public about fraudulent letters threatening suspension of Social Security benefits due to COVID-19 or coronavirus-related office closures. The Social Security Administration (SSA) will not suspend or discontinue benefits because their offices are closed.
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