Wednesday, October 21, 2020

How to spot, avoid, and report imposter scams

Consumer Alerts from the Federal Trade Commission

by Colleen Tressler
Consumer Education Specialist, FTC

Imposter scams often begin with a call, text message, or email. The scams may vary, but work the same way – a scammer pretends to be someone you trust to convince you to send them money or share personal information.

Scammers may ask you to transfer money from you bank, wire money using a company like Western Union or MoneyGram, put money on a gift card, or send cryptocurrency, because they know these types of payments can be hard to reverse.

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