Telephone Scam Series: Recovery and Refund Scams

Recovery and Refund Scams

Another phone scam involves potential recovery or refunds of money lost in previous scams. This is a case of scammers trying to fool people twice. The criminals contact people they have victimized once, claiming to be with the FBI or another law enforcement agency. They might offer to help you recover money you lost, for a fee. If they want money for this service, hang up right away! Government agencies do not charge fees to recover stolen property.

This is the final post in our series on phone scams. However, criminals continue to find new ways to scam people out of their money, so be alert to anything that doesn’t seem right.

READERS, what do you think?

1.    Have you come across any phone scams not covered in our four recent posts? What are they?

2.    What should consumers keep in mind in order to avoid scams?

Reference:

Sassi, H. (2014). Be on the Lookout for These Common Telephone Scams. Better Business Bureau: Consumer News and Opinion blog. Retrieved November 3, 2014, fromhttp://www.bbb.org/blog/2014/02/be-on-the-lookout-for-these-common-telephone-scams/.