Scammers are always on the lookout for new targets to exploit. They appear extremely authentic on the outside and if you are not careful you could end up losing your savings, health and even social identity.
Here are some of the most common scams you should be aware of.
- ATM Scams: Scammers attach a device called skimmers in the card slot of the ATM machines which captures your information when you try to swipe them. These devices steal your card details and later, payments can be made from your account, cash can be withdrawn and your balance can be checked with these details. Be cautious when you visit the ATM before you put in the card. Look for the presence of sticky adhesives, any loss or outgrown attachment on the card slot. This will tell you if the system has been tampered with. Even if you do not find any suspicious activity, be cautious to carefully enter your pin by covering the sides of the keypad with your hands, and if you are printing receipts always take them with you.
- Health Insurance Fraud: This is a scheme that often targets the elderly, who are unable to get into technicalities of the Medicare Enrollment and looking for assistance. It starts with a caller informing the victim that they need a new supplemental policy, which often comes at a price, along with asking your social security information. Understand that government officials will not ask you for money over the phone. If you need money there are authentic options available online such as http://rrec.fi
- Imposter Funds: These are always in form of representing a government agency such as IRS, asking for your bank account number and social security details. They come in emails, calls or letters, stating you have an unpaid debt or tax. If there is no written notice from authorities, block these calls immediately.