GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you’re able to read more about oureditorial guidelinesand our products and servicesreview methodology.
Financial scams are running rampant.
Here are the red flags you should look for tohelp you avoid financial scammers.
These unsolicited communications frequently request personal information or prompt urgent actions, he said.
It is crucial to be cautious when receiving such contact, especially if it comes from unknown sources.
Always verify the authenticity of the sender or caller before providing any personal details.
Legitimate companies have skilled communicators and consistent, transparent messaging, he explained.
If something seems too good to be true, it probably is.
Trust your instincts if an offer makes you feel uncertain or uncomfortable, pass on it.
It looked legitimate; everything about it mirrored this attorneys typical messages, right down to the sign-off.
He concluded, This scams ability to exploit preexisting trust and professional relationships makes it so dangerous.
If you get one of these calls, just hang up, Freeburg recommended.
Scammers often use package delivery scams to trick victims into sharing personal and financial information.
Scammers may also use a tactic called the fake order scam to trick you into handing over sensitive information.
You might receive anemail or textthat looks like an order confirmation for a purchase you never made.
The scammer may also request your name, address, phone number,credit card numberor banking information.
Never give up your personal information through anelectronic link or phone callunless you have confirmed its a legitimate source.
Freeburg said that its a psychological game.
Theyre basically trying to cut off your ability to think critically and evaluate the situation, he said.
He continued, Just remember this is a tactic designed to cloud your judgment.
Legitimate companies rarely, if ever, ask for this info via unsecured or unusual channels, he said.
More From GOBankingRates
Share This Article:
