(Undated) — The Better Business Bureau is warning that “money scams” are on the rise. Better Business Bureau Investigator, Don O’Brien, says you may have gotten a phone call, email, or text message from someone claiming to be with the government. They will say something is wrong with a bank account or try to get you to invest with them. You’re told to act quickly or else something bad could happen to you. He says this is typical for “money scams.” O’Brien says that one of the more common angles they use is the bank transfer.
He says you can protect yourself from these scams by following a few tips: Know the red flags, confirm before you act, never call a phone number listed on a text message or an email, and if you are told there is an issue with a bank account, contact your financial institution directly to investigate the situation. He also says it’s important to resist the sense of urgency. If you believe you have been victimized in a payment scam, contact local law enforcement immediately. You can also report the incident to the FBI and to the Better Business Bureau’s Scam Tracker.
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