Red Flags: Spotting Scams and Fraud to Prevent Becoming a Victim

The Money Fit Show

Episode #012

Red Flags: Spotting Scams and Fraud to Prevent Becoming a Victim

Guest: Rebecca Barr

About Rebecca: Rebecca serves as the PR and Communications Manager with the Better Business  Bureau of Great West + Pacific. The “BBB helps people find and recommend businesses, brands, and charities they can trust.”

Scammers try to connect to credibility tools (e.g. sheriff’s badge number) to create legitimacy. Always check the validity of the claim by hanging up and then calling the agency or organization directly.

Scammers are either looking for your personal information (social security, medical information, insurance, etc.) or your financial information (credit card information, or bank account information).

1. Recognizing Red Flags
2. Scammers prey on our emotions (fear or excitement)
3. High pressure and threats of punishment or legal actions
4. Grandparent scams
5. Pay debt or face arrest
6. Jury duty scam
7. BE SKEPTICAL and don’t act quickly when facing a potential scam.

Connect with the guest, Rebecca Barr of the BBB:

Better Business Bureau of Great West + Pacific
Trust BBB

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