Types of scams
Always stay alert for potential scams to avoid financial losses. If an offer seems too good to be true, be cautious, and if you suspect someone might be trying to scam you, stop communicating with them immediately.
Impersonation scams
Scammers pretend to be bank officials, government agents, or even bank agents contacting you about unpaid fees or loans. They might sound serious, asking for immediate payments or personal details to fix supposed issues.
Investment scams
In investment scams, fraudsters deceive people into transferring money to fake opportunities via social media or email. Posing as brokers, they promise high returns with minimal risk, convincing victims to pay on fake investment websites. Scammers may then pressure them for additional payments, and when victims refuse, scammers stop responding.
Job scams
Scammers post fake online job openings or reach out via messaging apps for job openings. As part of the application, they either request money upfront or require personal financial information to defraud the victim. Common tactics ask people to pay upfront for paid training, administration, and setup fees, or to purchase required equipment, such as a laptop or phone.
Purchase scams
Scammers trick victims with bogus websites that promise unrealistically low-priced products that are not delivered. Rental scams are also considered a type of purchase scam, where fraudsters list fake rentals and ask for upfront deposits from potential renters.