Financial fraud is a topic that seems to get lost when talking about scams. Since this is the case, many people fall victim to financial scams, and don’t know what to look for when they encounter these scams. Read up on tips to spot these financial fraud scams to ensure your accounts are safe.
Watch for strange emails or texts – There are many ways that scammers try to get to your financial accounts. A very common way is through emails or texts. Look out for unknown numbers or emails from companies that you haven’t heard of or have no affiliation with. When these messages come to your inbox, never click on links that are in these messages or give out your personal or account information.
Avoid calls asking for personal information – Phone calls are another very common area where scammers try to obtain personal information from people. Financial institutions will never call and ask you for personal information. So, if you receive a call from a financial institution or other companies asking for your personal information, do not give it out.
Verify work from home jobs you are applying for are not scams – In this new era of work from home jobs, it is important to verify that the jobs you are applying for are legitimate. Although this is hard to do, one thing to remember is that if you receive a work from home job, never email or text your financial account information to them. To read more about these scams view this article from Indeed.
Check your financial accounts often – Checking your accounts daily and verifying purchases will ensure catching fraudulent purchases early. This will stop the purchases and have less money being deducted from your account. It will also make it easier for your financial institution to stop these purchases.
Financial fraud is a serious topic that affects many. Staying informed on how to spot these scams will help secure your accounts. Read our article on how to report fraud here. When dealing with fraud, it is important to be honest about any suspicious activity that may have popped up in any online accounts. It is also important to make sure you ask for help.