Wednesday, August 10, 2016

Persistent Phone Scams

Pay us now or else!

There are a variety of collections scams always in play, almost all driven via telephone.

The script goes something like this:

I am calling from [agency] and you have failed to pay your [debt of some kind]. If you do not pay this by 5:00pm today there will be serious consequences. The courts have given us the power [to have you arrested] or [seize your bank account] or [put a lien on your house].

Since you already know you do not owe this debt, the next step is to hang up the phone.

These callers target the elderly and unsophisticated and want to spook victims into wiring funds or giving them a prepaid card number the same day.

Hang up the phone!

Remember our advice – never answer the phone if you do not recognize the number. That is why you have voice mail.