Common Scam Signs


Is it a Scam?

It is important to stay fraud aware, especially with all the new ways scammers can attempt to trick you. Some scammers want your money, and others want your information.  There are a few common signs to look out for to help you identify if the situation is real, or if you are being scammed: 
 

Signs of a scam

  • Scammers say there's a problem.
    • You may be contacted and told there's a problem. This can be a wide range of issues, from a family emergency to a virus on your computer to an issue with your bank account. The truth is - there isn't actually a problem or emergency. They just want you to think something is wrong so you continue to listen to them. 
  • They tell you to act immediately.
    • The quicker you act, the less time you have to think. Scammers don't want you to have time to think through the situation or to see if their story checks out.
  • You have to pay to resolve the issue. 
    • Scammers often present a problem, then tell you that the only way to resolve it is to pay. They often claim you can only pay in specific ways. Look out for payment requests by:
      • Gift cards (and then giving them numbers on the back)
      • Wiring money
      • Cryptocurrency
      • Payment apps
      • Cash payments that must be sent or picked up by someone
                         These are common ways they request money because once you pay, it's hard to get your money back. 
 

How to protect yourself

In the moment, it may be difficult to identify the scam. However, you can protect yourself from scams by staying aware and following these common tips:

  • Be mindful of unexpected text messages, calls, or other messages. Don't respond to someone you don't know asking for money or personal information.
  • Never pay someone who insists in only using payment methods like gift cards, wiring money, or cryptocurrency. 
  • Think through the situation. A real organization would give you time to make a decision. If you are being pressured to act quickly, you're dealing with a scammer. 
 

Report a scammer

If you think you've been contacted by a scammer, you can report it at reportfraud.ftc.gov.