If an offer sounds too good to be true it probably is. A scam is an attempt to intentionally mislead someone with the goal of financial gain. There are many different types of scams, including deceptive lotteries, fraudulent employment opportunities and high-profit/no-risk offers.
Unfortunately the schemes are always evolving and victims can be easily fooled by seemingly legitimate Web sites, communications, documents and checks. The best scam protection: stay informed and be skeptical of unsolicited offers.
Tips to avoid being scammed
- Never share account numbers, debit or credit card numbers, Social Security numbers or any other sensitive information with strangers who contact you unsolicited via phone, text or e-mail.
- Research the companies that solicit your business. Use resources such as the Better Business Bureau. If you can’t find any company information during your research, consider this a red flag and avoid doing business with them.
- Avoid high-pressure situations or deadlines. If someone urges you to act quickly or advises you not to tell anyone else, you should be cautious about dealing with this person.
- If a potential employer, unconfirmed business solicitor or potential buyer asks you to wire them money—don’t do it! It’s a scam.
- Be suspicious of anyone who claims they can generate guaranteed profits quickly.