This guide entitled “Just Say No to Scams” was created by Consumer Action’s Managing Money Project (June 25, 2018) and is meant to help you understand how crooks reel in their prey, recognize potential scams, know what to do to avoid becoming a victim, and find scam prevention and reporting resources.
According to Consumer Action, despite the best efforts of law enforcement agencies, businesses and government, scammers continue to rake in millions of dollars each year from unsuspecting consumers. While it’s true that technology has opened up many new opportunities for crooks, in reality, the schemes employ many of the same old tricks. The good news is that regardless of the actual tactics used, a savvy consumer can spot a scam just by knowing the warning signs and being alert.