Avoid these holiday season scams

It’s that time of year again, when consumers open their wallets – and scam artists try to take their cut. A nonprofit called ScamAwareness.org, (set up by MoneyGram), is offering these consumer tips for recognizing and avoiding some of the most common holiday scams. According to Scam Awareness, these are some of the most common ones:

Internet Purchase Scam

The internet purchase scam is consistently the top fraud complaint reported by U.S. consumers each year. According to the National Retail Federation, this holiday season customers are expected to spend an estimated $117 billion online.

These shoppers are prime targets for scam artists offering merchandise, gift cards and even pets at a steep discount. Many of these offers look too good to be true, and they usually are. Consumers should never wire money for an online purchase. A money transfer is the same as cash, and once it is received, it cannot be recovered.

Fake Charity

Scammers take advantage of this outpouring of goodwill during the holiday season by creating new charities or misusing the name and brand of a well-known charity to get donations sent directly to them.

Before donating, consumers should verify that the charity and its web address are legitimate. When sending the money, use a check or credit card instead of a wire transfer or cash for donations.

Holiday Employment

Holiday employment scams have many different twists. Some scammers target people looking to earn extra money by offering a person a job that involves spending money up front for “training” or a “start-up kit” that the victim never receives. Other fraudsters may send a fake check to a “new hire” and ask them to cash it, keep some of the money as payment and then wire what’s left back to them.

The victims in both of these situations end up losing their money and a job they thought they had. Consumers should be aware that no legitimate company will ask to pay money in order to earn money.

“Consumers should never send money to someone they really don't know. While they are enjoying their holidays, fraudsters are hard at work plotting to take their money,” said Juan Agualimpia, executive vice president of ScamAwareness.org.

People who think they’ve been scammed should contact their local police immediately. More information about these scams and others can be found at ScamAwareness.org.

Visit our website to find out more on how you can avoid becoming a victim of fraud and how we do our best to make sure you don’t fall victim to any of these scams.

Scam Awareness How You Can Protect Yourself