10/21/2020 | News release | Distributed by Public on 10/21/2020 20:32
Imposter scams often begin with a call, text message, or email. The scams may vary, but work the same way - a scammer pretends to be someone you trust to convince you to send them money or share personal information.
Scammers may ask you to transfer money from you bank, wire money using a company like Western Union or MoneyGram, put money on a gift card, or send cryptocurrency, because they know these types of payments can be hard to reverse. Scammers call, email, or text and claim to be:
Follow these tips to help protect your money and personal information:
Please share this information and the FTC's new infographic, developed with the American Bankers Association Foundation.
If you spot an imposter scam, report it to the FTC at ftc.gov/complaint. Your report can help the FTC's investigators identify and stop imposters. To get notifications about new scams and tips to avoid them, sign up for our consumer alert.
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