The 11 Principles Series Avoid Scams and Financial Predators

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Magnus Wilson
The 11 Principles Series Avoid Scams and Financial Predators
  1. What are financial predators?
  2. How can financial scams be prevented?
  3. How do I protect myself against phone scams?
  4. How do you avoid scams?
  5. How do you outsmart a romance scammer?
  6. How do I know if I'm being scammed?
  7. How do I know if I am talking to a scammer?
  8. Can a scammer get into your phone?
  9. How do you know if my phone is scammed?
  10. How can you tell if someone is a romance scammer?
  11. What do you do if you've been scammed?
  12. How do I get even with a scammer?

What are financial predators?

Financial Predators: Financial predators come in all shapes and sizes. My definition of a financial predator is anyone who tries to coerce someone into buying or financing something that they know he or she cannot afford.

How can financial scams be prevented?

10 Tips To Avoid Common Financial Scams

  1. Never Wire Money to a Stranger.
  2. Don't Give Out Information.
  3. Never Click Email Hyperlinks.
  4. Use Tough-To-Crack Password.
  5. Never Give out Your SSN.
  6. Install Antivirus and Spyware.
  7. Don't Shop Unfamiliar Websites.
  8. Don't Download From Pop-Ups.

How do I protect myself against phone scams?

Protect Yourself From Telephone Scams

You may register online or by calling 1-888-382-1222. If you still receive telemarketing calls after registering, there's a good chance that the calls are scams. Be wary of callers claiming that you've won a prize or vacation package. Hang up on suspicious phone calls.

How do you avoid scams?

Avoiding Scams 101

  1. Keep your personal information to yourself. ...
  2. Socialize safely online. ...
  3. Consider the National Do Not Call Registry. ...
  4. Stay away from “guarantees” of scholarships. ...
  5. Don't buy bogus weight loss products. ...
  6. Understand credit. ...
  7. P2P file-sharing can be risky. ...
  8. Travel scams turn summer breaks into summer busts.

How do you outsmart a romance scammer?

That's why it's important to know how to outsmart a romance scammer and how to act fast if you think you've been scammed.

  1. Be aware of the warning signs. ...
  2. Evaluate your online presence. ...
  3. Approach online relationships slowly. ...
  4. Set up a phone or video chat early. ...
  5. Don't send compromising pictures.

How do I know if I'm being scammed?

you don't know contacts you out of the blue. you've never met in person asks for money. asks you to pay for something or to give them money through unusual payment methods such as gift cards, wire transfers or cryptocurrencies. asks you to pay for something in advance — especially through an unusual payment method.

How do I know if I am talking to a scammer?

Here's how to tell if someone is scamming you online.

  1. His profile is vague. Start with what is stated on the dating site. ...
  2. He loves you, sight unseen. ...
  3. It's too much, too fast. ...
  4. He wants to take the conversation offline. ...
  5. He avoids questions. ...
  6. He keeps playing phone games. ...
  7. He can never seem to meet. ...
  8. He flaunts his income.

Can a scammer get into your phone?

There are many seemingly simple ways in which scammers can steal your money or steal your info by hacking into your smartphone, or convincing you to give information over a phone call or through a text.

How do you know if my phone is scammed?

How to Recognize a Phone Scam

  • There is no prize. ...
  • You won't be arrested. ...
  • You don't need to decide now. ...
  • There's never a good reason to send cash or pay with a gift card. ...
  • Government agencies aren't calling to confirm your sensitive information. ...
  • You shouldn't be getting all those calls. ...
  • Imposter scams.

How can you tell if someone is a romance scammer?

4 Common Signs of a Romance Scammer

  1. Romance scammers profess love quickly, without actually meeting you. ...
  2. Romance scammers claim to need money for emergencies, hospital bills or travel. ...
  3. Online romance scammers try to lure you off the dating site.

What do you do if you've been scammed?

Report Most Common Scams

The Federal Trade Commission (FTC) is the main agency that collects scam reports. Report your scam online with the FTC complaint assistant, or by phone at 1-877-382-4357 (9:00 AM - 8:00 PM, ET). The FTC accepts complaints about most scams, including these popular ones: Phone calls.

How do I get even with a scammer?

In fact, some people make a game of getting even with or even getting ahead of the scammers by carrying out what's known as "scambaiting."
...
Follow these simple rules:

  1. If it's an email, just delete it.
  2. If it's a phone call, just hang up. Don't speak and don't argue. ...
  3. If you receive a threat, tell the police.


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