Scammers are getting smarter, finding newer ways to steal your hard-earned money, which means you have to get smarter too. Below are some ways to prevent fraud and keep your assets safe.
One of the easiest ways to avoid being scammed is to ignore them. If an un-known contact calls, emails, or texts you and you are not expecting them, do not engage. For emails and texts, never click on any links or reply. Lastly, never send money to someone you do not know.
Scammers have a myriad of ploys they use to try to extract money from you. Some will pretend to be a relative, some will impersonate government entities such as the IRS or law enforcement, and some will even pretend to be new, romantic interests. Scammers have also been known to use investment scams, tech support scams, and payment app scams.
If you are a victim of a scam, call your banks right away to put a stop on your accounts. It is also worth freezing your credit, which your bank can also help with. With these anti-scam tips, keep your identify and money safe.
Source: The Department of Financial Protection & Innovation
