Common Types of Scam Calls Everyone Should Know

 

Ever before telemarketing activities became popular, scam calls have been a matter of discussion. The initial fake call was impossible to identify, but the practice is still common today. The Federal Trade Commission received 5.4 million customer complaints regarding unsolicited calls in 2019. With the popularity of call blockers, you would be protected from these activities, but it is more likely that they have also progressed. Knowing the nature of the call is one definite method to prevent being conned over the phone. This will enable you to stop the fraudsters before they can act. This post explains the types of scam calls everyone should know:

Fraudulent friendly service phone calls

Scammers also try to sell recipients services that the Social Security Administration easily provides for free. For instance, the caller may offer to supply a new Social Security card, sign up a new family member for the program, or provide a history of their past Social Security contributions and the expected earnings they would produce.

Phishing

This is an email scam in which you pretend to get a message from a trustworthy source, such as your bank or an online retailer. Usually, the message will inform you that your account has been locked or that there has been a significant money transfer to persuade you to click a link and log in. The email's link directs you to a phony website that gathers personal data. Another variation of this scam involves an email attachment that is a computer virus, such as a coupon or form must fill out. To avoid these things, choose Call Fraud Monitoring Solutions, which offers good service.

Lottery, sweepstakes and competition scams

Suddenly, you get an email, letter, or SMS from a foreign lottery or sweepstakes company. These scams aim to deceive you into providing personal information or money upfront in exchange for the prize. Usually, con artists claim that to release their wins or prizes, you must pay fees or taxes. You might also need to text or contact a premium rate phone number to claim your prize. Recall that entries are required to win prizes. To find out, choose the right scam service provider who follows Stir/shaken tokens.

Pension scams

Retirees can withdraw substantial amounts of money from pension pots after introducing the pension freedoms in 2015. Due to their potential access to a large amount of money, scammers have unfortunately turned their attention to this age group. One sort of fraud telephone calls is a pension scam and these scams typically proceed like investment scams, with communication taking place over the phone.

Bottom line

Finally, the above mentioned are about the types of scam calls everyone should know. There are many more methods con artists could use to defraud your money. Keep yourself safe from such things because they could take information from your social media accounts, public Wi-Fi connections, or different kinds of insurance fraud.