Every 14 seconds, someone becomes a victim of identity theft.1 These fraudsters can usually trigger warning signs of identity theft — and prevention is key, helping you catch the thief before you find out they inflicted thousands of dollars in damage. To help ensure you don’t pay this price, review our list of identity theft […]
Watch Out for Catfishing Catfishing is when someone presents themselves online as someone else to trick people into befriending them and giving them money. They may take months to establish a friendship or an online dating relationship. Then they’ll make innocent requests, like asking for help covering a medical bill, or telling you they’re having […]
You might be able to get your money back after you’ve been scammed. What you should do, and whether you’ll get a refund, depends on what happened. If there’s an unknown payment from your account Contact your bank immediately if: there’s a payment from your bank account you don’t recognise – this is known as […]
Scamming is rampant. More than 40,000 people filed scam reports with the Better Business Bureau in 2022, and the median reported dollar loss was $171, according to that year’s BBB Scam Tracker Risk Report. A lot of those scams are targeting your bank accounts. And though federal law limits liability for credit card fraud, it’s not […]
Online businesses are quickly becoming easy targets for cybercriminals as fraud in e-commerce continues to rise. The era of digitalisation has presented fraudsters with a massive opportunity, especially with millions of personal credentials easily available on the dark web. It’s now far easier for fraudsters to hide behind false details and cover up their tracks. And e-commerce […]
Scammers can be very persuasive in convincing you to send them money. If you’ve already paid a fraudulent debt collector, your best bet is to seek recourse with the bank or financial institution you used to send the money. For example, if you paid the illegitimate collector with a credit card or debit card, contact […]
If you think you’ve been scammed or there’s been an attempt to scam you, there are ways you can fight back. Keep a paper trail Nitzsche recommends keeping records of all communication with the collectors. Takes notes on the date and time of every phone call, save emails and texts and gather letters and any […]
Getting a call, email or letter from a company that claims to be a debt collector can be alarming. Here are six telltale signs that you’re dealing with a credit collection services scam: They pressure you A credit collection scam might use scare tactics and threats. The scammer might also pull the emotional card, making […]
Scams involving Bitcoin or other cryptocurrencies are rapidly increasing in frequency. If you have been scammed, you may feel angry, embarrassed and unsure of where to turn to recover your funds. This article lays out the best practices for attempting to recover your funds. Please note: broadoak-capital.com offers a service to help you trace […]