What are the scams you need to know about?
The most effective scams play on emotions. Some push a sense of urgency, requiring an immediate decision and no time to think, while others take months or years to unfold. Here are three of the most prevalent.
Click on each image to learn more.
Romance
Scams
Romance Scams
This plays on a person’s feelings of loneliness and need for companionship. The fraudster meets their target on the internet and begins a romance, pretending to fall in love with them. When trust is established, the process of defrauding them begins.
Investment
Scams
Investment Scams
You’ll find these in fake email offers, social media posts, and even instant messages. The scammer tells the target they can become an early investor in a new company, technology, or digital currency while promising abnormally high returns.
Impersonation
Scams
Impersonation Scams
Typically, this involves a phone call from a fraudster posing as a bank employee. The caller gains the victim’s trust by telling them law enforcement is involved and their help is needed in a fictitious investigation. The aim is to get the victim to disclose their private banking information. You can learn more about specific types of fraud here.
