Monthly column on BBB issues and scams.
Nov 06 2018
There’s an uptick in scam reports from victims of SIM swapping, also known as SIM hijacking or cell phone porting. Hackers are using this tactic to gain control of victims’ cell numbers and access their social, email, and bank accounts. The scam works like this. You receive a text message from your mobile carrier stating …
Permanent link to this article: https://www.50plusmarketplacenews.com/305930/better-business-bureau/watch-sim-swapping-hackers
Oct 02 2018
Fake checks are used in a variety of frauds, from e m p l o y m e n t scams to prize and sweepstakes fraud. In all cases, victims deposit the check and send money back to scammers. The Better Business Bureau recently released a new report — “Don’t Cash That Check: Better Business …
Permanent link to this article: https://www.50plusmarketplacenews.com/299071/better-business-bureau/bbb-study-shows-fake-check-scams-bait-consumers-2
Sep 11 2018
An in-depth study by Better Business Bureau finds that, while consumers may write fewer checks in this era of electronic financial transactions, fake check scams are on the rise. Fake checks are used in a variety of frauds, from employment scams to prize and sweepstakes fraud. In all cases, victims deposit the check and send …
Permanent link to this article: https://www.50plusmarketplacenews.com/236468/latest-news/bbb-study-shows-fake-check-scams-bait-consumers
Aug 07 2018
Better Business Bureau Scam Tracker has received numerous complaints from shoppers fooled by too-good-to-be-true social media ads. Just because a company advertises on Facebook, Instagram or another social platform does not mean it is trustworthy. Be sure to do your research before making a purchase. Here’s how the scam works: You are scrolling through social …
Permanent link to this article: https://www.50plusmarketplacenews.com/193710/better-business-bureau/caution-buying-social-media-ads
Jun 05 2018
When it comes to sweepstakes and lottery scams, seniors are scammed the most frequently and pay out the most in losses, according to the BBB International Investigations Initiative’s most recent study. To read the full study, which was released on June 5, 2018, click here. Last year, consumers in the U.S. and Canada reported $117 …
Permanent link to this article: https://www.50plusmarketplacenews.com/61993/latest-news/bbb-announces-results-international-study-sweepstakes-lottery-prize-scams
Apr 03 2018
Starting in April, Medicare begins mailing new cards to everyone who gets Medicare benefits. To help protect your identity, Medicare is removing Social Security numbers from the cards. Instead, the new cards have a unique Medicare number. Medicare will mail your card, at no cost, to the address you have on file with the Social …
Permanent link to this article: https://www.50plusmarketplacenews.com/10747/better-business-bureau/medicare-cards
Mar 27 2018
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
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 …
Permanent link to this article: https://www.50plusmarketplacenews.com/10634/better-business-bureau/bbb-releases-study-online-romance-scams
Feb 27 2018
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 09 2018
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 …
Permanent link to this article: https://www.50plusmarketplacenews.com/10259/better-business-bureau/tech-support-scammers-bilk-millions
Dec 12 2017
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 …
Permanent link to this article: https://www.50plusmarketplacenews.com/10077/latest-news/sophisticated-scheme-helps-tech-support-scammers-bilk-millions-u-s-victims
Dec 05 2017
The 2017 holiday season is upon us and Better Business Bureau wants to help consumers and donors shop smart and give wisely. These tips are for a safe holiday season. • Gift Receipts: Always ask for a gift receipt. The recipient can return a gift that’s not just right. • Warranty Information: Inquire about the …
Permanent link to this article: https://www.50plusmarketplacenews.com/10035/better-business-bureau/holiday-trends-tips
