Ways Fraudsters Can Fool You

Ways Fraudsters Can Fool You

Thank you for visiting my blog! Here I strive to empower you with cyber security awareness and DIY puppet activities. If you find this content helpful, please sign up for my FREE monthly safety newsletter at https://shadowworldpresent.wixsite.com/safe.

A segment of my web series "Cyber Brats" was recently shown at the StringsNThings virtual puppet festival from San Pedro, CA in July! Be sure to check it out above!


2019 was a profitable year for fraudsters. Nationwide, they targeted their deceptive tactics at slightly over 16 million consumers. Based on the statistics from the Federal Trade Commission, identity theft alone saw a lost of 17 billion dollars.

This year, with the avalanche of the COVID-19 paralyzing our economic system, con artists has already taken advantage of cooking up new types to take advantage of the uncertainty.  Stories relating to unproven treatments, medicines, fake contact tracing agencies, and so many more hideous acts has sprung up around the country.

Next year, when the tallies for this year is compiled by the FTC, Better Business Bureau, and AARP, I'm sure the figures from last year will show an increase.

Vigilance is the key to decreasing our vulnerabilities to fraud and I found what better way than to share 13 common scams listed by AARP. By comprehending the basics safeguards in protecting out our finances, we can adapt to making better decision in the course of our daily lives.

At the bottom preceding this content I will also include links to resources that can either help you with a concern or provide additional information regarding online safety.

Identity Theft

Why does identity theft occur? Have you ever given that much thought why computer criminals do this? Here our 2 primarily reasons. 

• To falsely apply for a credit card
• To use someone's profile to get government benefits. 

How is this done?

• An example of phishing takes form when you are asked to clear a bank account problem by verifying it with a social security number, bank routing number, or birth date. 
• Gather information by dumpster diving. This can also be taken from inside the office or social media websites.
• Fake job listings can also trick you into voluntarily sharing sensitive information on a job application. Fraudsters harvest this data and will use or market the contents on the dark web for profit. 

Investment Fraud

Gold Coin Scam 

Scammers will use the struggling economy to pitch this false narrative. You are urged to invest in gold and silver coins because they will eventually spike up in value. These so called precious metals are sold at a 300 to 500% mark up which means you will lose rather than reap the benefits. 

Free Lunch

The goal is to convince you to show up at a seminar and invest in a great investment right away. You are not given the option to thing it through and if you don't commit, you will miss out on the opportunity. The truth is they want your hard earned money and they are gone like the wind. 

Oil and Gas Scams

The ploy is to convince you that a company is using a new technology to drill for oil in an area not frequented prior. Never will they inform that legitimate energy investments carry risks. Also don't expect them to indicate they are a registered broker or registered with the state. 

Additional Scams You Should Know About

Fake Checks

Out of the woodwork you get this call informing you that you won a big prize! But there is a handling fee! They expect you to pay it because they are sending you a cashier check that will cover the processing fee. Ultimately, this check does not clear you are stranded without your prize after paying the fee. Talk about bummer. 

Tech Support

A phone call or pop up on your computer screen tells you your system is infected with a virus. These con artists want you to contact them and give them remote access to your device. What they really want to do is install a real virus and charge you to remove it. Afterwards, they might compel you to buy a useless computer maintenance program. 

Disaster-Related Charity Fraud

This is a prime example of scammers chasing headlines to line their pockets. They do this at the expense of victims who are really in need of help. Beware of phone websites, suspicious calls, and questionable emails. 

Sweetheart Scams

Dating websites is a beehive for con artists seeking to build an emotional connection to victims. Once this is done, he or she asks for money. These internet criminals have no intentions on ever meeting their victims and will resort to communicating via instant messaging and plain old emails.

Timeshare Properties

If you are looking to cash in on your timeshare company there just happens to be a company claiming to have a specific buyer interested. Just pay an upfront fee to proceed. After you do this, this contact person disappears and you are left scratching your head after signing all that paperwork that looked alright to you. 

The Grandparent Scam

What grandparent can refuse a grandchild in some sort of legal trouble. This false narrative comes by way of phone call in the middle of the night from thugs purporting to be a relative in trouble. Victimized grandparents have lost thousands of dollars to the type of scams.  (Just call the parents or the police department in question to confirm the story first!)

Foreign Lottery Scam

It's impossible to win. They are illegal here in the United States. Of course their agenda is to have you pay "taxes" or  a "processing fee" claim your earnings. Please don't wire anything. You didn't win the lottery. 

General Tips

• Protect your Social Security Number and Personal Information
• Monitor Your bills and financial statements
• Check your Credit Reports
• Safeguard Personal Identification Numbers (PINs and Passwords)

Online Communication

Did you know your can report or forward suspicious emails to the Federal Trade Commission at spam@uce.gov? 

U.S Mail

Protect your incoming mail. You can stop pre-approved credit cards by calling 1-888-OPT-OUT or visiting https://www.optoutprescreen.com

You can also cut down on junk mail at https://www.dmachoice.org

Do Not Call Registry 1-888-382-1222 or https://www.donotcall.gov

Verify charities at https://www.give.org or at https://charitynavigator.org

Thank you again for visiting my blog! Here I strive to empower you with cyber security awareness and DIY puppet activities. If you find this content helpful, please sign up for my FREE monthly safety newsletter at https://shadowworldpresent.wixsite.com/safe.

Stay Safe and Stay Secure!

Ken Harris

Cyber Brats Title Card