Tag: scam

We expect banks and brokers to keep our money safe. We think they’ll stop or warn us about suspicious transfers out of our accounts. But do they? Scammers are exploiting that trust and getting people to transfer their money and drain their retirement accounts to “protect” or “safeguard” or “legalize” it. The truth? The money gets stolen, and banks and brokers won’t get it back from the scammer.

Every day people report to the FTC the scams they spot. Every year, the FTC shares the information we collect in a data book which tells a story about the top scams people tell us about – so we can all spot and avoid them.

Got an email or text message about a tax refund? It’s a scam

Many impersonation schemes start with a call about a routine problem, like suspicious activity in your Amazon account. But in a new twist, the story quickly takes a more serious turn when you’re told someone is using your information to commit crimes and all your money is at risk.

Scammers follow the headlines — and the seasons. As the new year rolls around, we’re sure to hear lots of “new year, new you” advertising around health and fitness products. But some of those promotions are just scams out to get your money. Here’s how to spot them.

If you’re thinking about buying a timeshare or joining a vacation club, make sure you know exactly what you’re getting into.

Dishonest invention marketers lie about the profit potential of your invention to get you to pay for expensive, but often useless, services. Here’s what you need to know to avoid an invention marketing scam.

Offers ways to spot and avoid scams when shopping for a home security system.

Advice to help you choose a contractor, pay wisely, and handle problems along the way.

If you’ve been scammed, someone might promise to help you get your money back –– if you pay in advance. That’s another scam.