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Nearly 40% of respondents reported having been a victim of at least one of those events.

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Based on the survey data, heres a look atcommon financial scams and tips for avoiding them.

These kinds of scams include robocalls, texts, false impersonators and bots.

Online Shopping Scams

These kinds of scams also can take many forms.

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It asks the consumer to provide personal identifying information.

Then a scammer uses the information to open new accounts or invade the consumers existing accounts.

If in doubt about an email you receive, dont click any links.

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Imposter Scams

Around 7% of financial scam victims experienced an imposter scam.

Theres often some overlap between money transfer scams and imposter scams.

Around 6.5% of respondents who reported falling victim to a financial scam said theyd experienced aSocial Security scam.

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Debt Collection Scams

Scammers might contact you to take a stab at collect on a bogus debt.

Never pay a bill youre not sure you owe, especially by phone.

Debt Relief Scams

These are very similar to the debt collection scams.

Romance Scams

Romance scamstug at your heartstrings in an effort to steal your money.

These scammers offer bogus opportunities for students and former students to have loans forgiven in exchange for a fee.

Cryptocurrency Scams

Crypto scams overlap other common types of scams.

In some cases, the scammers entice victims to make fraudulent investments.

Employment scams are quite common as scammers look to get your personal information and money.

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