New Medicare cards will be sent to recipients between April 2018 to April 2019, says AMAC ‘It won’t be a foolproof precaution, but it will go a long way toward protecting your identities’ Medicare has long been a lucrative target for fraudsters. In fact, Medicare fraud costs taxpayers tens of billions of dollars each year. …
Category: Senior Scams
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Mar 27 2018
Online Purchase Scams are the Riskiest Type of Fraud, According to 2017 Data from BBB Scam Tracker
Online purchase scams are now the riskiest form of consumer fraud in North America, according to a new report from Better Business Bureau. In 2017, consumers reported more than 47,000 scams to BBB’s Scam Tracker (BBB.org/ScamTracker). BBB analyzed this information using its unique BBB Scam Risk Index to determine the riskiest scams based on consumers’ …
Permanent link to this article: https://www.50plusmarketplacenews.com/10677/latest-news/online-purchase-scams-riskiest-type-fraud-2017-data-bbb-scam-tracker
Mar 06 2018
BBB Releases Study: Online Romance Scams
Better Business Bureau recently released a new study revealing that an estimated 1 million Americans have been victimized in romance fraud scams with losses nearing $1 billion over the last three years. The study – “Online Romance Scams: A Better Business Bureau Study on How Scammers Use Impersonation, Blackmail and Trickery to Steal from Unsuspecting …
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Mar 06 2018
Protect Yourself Against Tax Scams
Last year, the IRS estimated about $2.5 billion in bogus tax return fraud, down from $5.2 billion in 2010. The IRS, state tax agencies and tax preparation companies are doing even more this year to protect your personal data and thwart criminals from stealing it. The IRS recommends these eight tips: 1. Don’t be duped …
Permanent link to this article: https://www.50plusmarketplacenews.com/10503/technology-is-hip/protect-tax-scams
Feb 27 2018
Bitcoin Sales Cons
With all the buzz about bitcoin, more people are considering it as an investment. But with anything new and complex, con artists try to take advantage. BBB Scam Tracker has received many complaints from people who have lost 1,000’s. How the Scam Works: You are looking to purchase bitcoin, so you search online. You find …
Permanent link to this article: https://www.50plusmarketplacenews.com/10525/latest-news/bitcoin-sales-cons
Jan 30 2018
Consumer Information – Settlement for Fraud Victims
By Cary Steven Johnson, Director: Crime Prevention, First Judicial District Attorney’s Office Good news for people who may have been a victim of a scam and wired money to complete the scam via Western Union money transfer services; the Federal Trade Commission has reached a financial settlement with Western Union for failing to warn and …
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Jan 09 2018
Tech Support Scammers Bilk Millions
Last month, Better Business Bureau published an in depth report on one of the most commonly reported scams. The report – “Pop-Ups and Impostors: A BBB Study of the Growing Worldwide Problem of Computer Tech Support Scams” – says that anyone who owns or uses a computer is a potential target. Thieves, most of whom …
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Dec 12 2017
Sophisticated Scheme Helps Tech Support Scammers Bilk Millions from U.S. Victims
A report by Better Business Bureau (BBB) says it’s not a matter of if you will become a target of computer technical support scammers, but when these scammers will try to victimize you. Thieves, most of whom are located in India, are using sophisticated advertising and carefully crafted sales techniques to scare consumers into buying …
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Nov 07 2017
Looking for Netflix Support? Be Careful Whom You Call
Trying to reach Netflix for help with your account? If so, watch out for this crafty con. Scammers provide fake customer support numbers online and fool callers into purchasing unrelated computer software. How the Scam Works: You are having trouble with your Netflix account, so you search online for the customer support phone number. A …
Permanent link to this article: https://www.50plusmarketplacenews.com/9872/better-business-bureau/netflix-support-careful-call
Nov 07 2017
Be Aware of Local Scams!
It seems scams are on the rise across Colorado. There are phishing scams that imitate bank or financial websites, Amazon email shipping notices for products never ordered, emails indicating you’ve received a rich inheritance, and so on! These scams are trying to obtain your bank account numbers or sending money by clicking on a link. …
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