Three Key Warning Signs of Scams

Scams are a type of fraud that involves someone deceiving you in order to get your money or personal information. They can be very convincing, and it’s important to be aware of the red flags so that you can avoid becoming a victim.

Here are three key warning signs of scams:

1. They ask you to act now. Scammers often create a sense of urgency, telling you that you need to act immediately or you’ll miss out on a great deal. This can be a red flag, as legitimate businesses typically don’t pressure you to make a decision right away.
2. They ask for personal information or codes. Scammers may ask for your credit card number, Social Security number, or other sensitive information. They may also ask you to provide security codes or passwords. Never give out this information to someone you don’t know and trust.
3. They ask you to pay in an unusual way. Scammers may ask you to pay with gift cards, wire transfers, or cryptocurrency. These payment methods are often difficult to trace, which makes it easier for scammers to get away with their crimes.

If you encounter any of these warning signs, it’s best to walk away. Don’t give the scammer any personal information or money.

Here are some other things you can do to protect yourself from scams:

• Be suspicious of unsolicited emails, texts, and phone calls.
• Do your research before making any online purchases.
• Only use legitimate websites and apps.
• Keep your software up to date.
• Be careful about what information you share on social media.

By being aware of the warning signs of scams and taking steps to protect yourself, you can help to avoid becoming a victim.

See Scam and Fraud Protection for 2023 for more information and make sure to Sign Up for our Scam Prevention Newsletter.