Featured, Fraud, Fraud & Security, FYI, Scams, Security

Wire Fraud……Don’t be Scammed……Know This…….

Posted on by OurSeniors.net Staff Writer
Senior Getting Scammed - Slider
23
May
  1. How is wire fraud committed:
  • Phishing: Fraudsters send emails or messages that appear to be from legitimate sources, tricking you into providing sensitive information like passwords or credit card numbers.  Never give out pertinent information over the phone or through email/text, unless YOU have initiated the call to the company or financial institution.
  • Business Email Compromise (BEC): Scammers impersonate company executives or vendors to trick employees into transferring funds or revealing confidential information.  VERIFY any request by speaking to the sender verbally as their email may be compromised.
  • Online Auction Fraud: Fraudsters create fake listing on auction sites, convincing buyers to pay for items that don’t exist.  CHECK the auction sites for reviews and NEVER wire funds.
  • Investment Scams: Fraudsters use emails, websites, or social media to promote fake investment opportunities, promising high returns to lure their victims.  IF it seems too good to be true, it may be fraud.
  • Romance Scams: Scammers build fake online relationships and eventually ask for money under false pretenses.  IF you have never met IN PERSON, do not wire money.

 

  1. How to avoid a Money Wiring Scam:
  • NEVER wire money through companies like MoneyGram, Ria, or Western Union to anyone you haven’t met in person. (No matter what reason they give to you, it’s a Scam).
  • NEVER wire money to anyone who pressures you into paying immediately.
  • DON’T wire money to anyone who says they work at a government agency like the FTC, IRS, SSA, U.S. Customs and Border Protection, or any well-known company. (The government will never ask you to send money this way, it’s a Scam).
  • DON’T wire money to anyone who says a wire transfer is the only way to pay.
  • NEVER wire money to someone who tries to sell you something over the phone. (It’s illegal for a telemarketer to ask you to pay with a wire transfer).

 

  1. How to Report Wire Fraud:
    • To report wire fraud, you can contact several agencies, depending on the nature of the fraud:
    • Federal Trade Commission (FTC): Contact them at 1-877-FTC-HELP or online at Reportfraud.ftc.gov for Consumer Fraud and Identify Theft.
    • Internet Crime Complaint Center (IC3): For Internet-related fraud, you can file a complaint online at www.IC3.gov
    • Federal Bureau of Investigation (FBI): For general fraud and other criminal matters, you can contact the FBI at (202) 324-3000 or submit a tip online at tibs.fbi.gov
    • S. Postal Inspection Service: For mail fraud, you can contact them at 1-800-372-8347 or online at www.postalinspectors.uspis.gov
OurSeniors.net Staff Writer
OurSeniors.net Staff Writer

OurSeniors.net Magazine, LLC, is a Florida directory, a network of professionals providing full, transparent, accurate and trustworthy information. Our Staff Writers go the extra mile to produce the most reliable content for seniors throughout the State of Florida. Check out the best senior online and print magazine by visiting www.ourseniors.net Keep up the great job Harry!