Thursday, September 28, 2017

Being Smart with $$ -- So many Ways to Get Scammed


So many ways the bad guys are trying to scam you!

Phone call:  “This is the IRS.  Send us money now or you will go to jail.” FRAUD!  The IRS will always mail you a notice of payment due first and will not demand payment over the phone by prepaid debit card on the spot.  Call the IRS directly if you have a concern.

Phone call:  “This is the IRS, we have a refund for you.”  FRAUD!  This scammer is likely trying to get you to reveal private information. 

Email from your bank:  “Your account has had a security issue.  Please click this link to change your password.”  FRAUD!  The security issue is the email itself.  Never click a link from what appears to be your bank.  Scammers create lookalike websites so you think you’re on your bank’s website when you click the fake link.  Open a new browser and go directly to your bank’s website if you have concerns.

Also:  - File your tax return as early as possible so scammers can’t file a fake one and make off with your refund.  - Set up your online Social Security account so fraudsters can’t.  – Freeze your credit at each of the 3 major credit bureaus to prevent fraudulent use of your credit.   

Be smarter than the crooks.  Don’t give out private information unless you know for sure who you are talking to, and if you didn’t initiate the call then you really don’t know who you’re talking to.  Don’t click links in emails when these could easily be viruses designed to invade your computer.  Even if it looks like a friend sent it, they may not have. 
Who wants to go back to the days of horses and buggies?
- Larry Pike, CFA, Client Priority Financial Advisors LLC
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www.clientpriority.com 

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