Common Types of Financial and Online Scams

Protect Yourself: Tips to Avoid Scams

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  Stay Informed

  • Keep up with the latest scam tactics through trusted news and consumer protection sites.
  • Educate yourself about common scams and their warning signs.
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  Verify Credentials

  • Research companies, individuals, or investment opportunities thoroughly.
  • Confirm registrations with relevant regulatory authorities.
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  Safeguard Personal Information

  • Be cautious sharing personal data, especially unsolicited requests.
  • Use strong, unique passwords and enable two-factor authentication.
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  Think Before You Click

  • Avoid clicking suspicious links or downloading unknown attachments.
  • Verify sender authenticity before engagement.
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  Social Media Awareness

  • Limit personal information shared publicly.
  • Be wary of unknown friend requests or overly eager online contacts.
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  Question Unrealistic Promises

  • If an investment claims to offer guaranteed high returns with little to no risk, be cautious. Every investment carries some level of risk.
  • Stay away from opportunities that require recruiting others to make money, as these are often signs of pyramid or Ponzi schemes.
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  Secure Your Devices

  • Keep software and antivirus up-to-date.
  • Use secure networks for sensitive activities and avoid public Wi-Fi.
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  Trust Your Instincts

  • If something feels off or too good to be true, it probably is.
  • Seek professional advice if uncertain.
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  Report Suspected Scams

  • If you come across a suspected scam or become a victim, report it to the proper authorities, such as the Federal Trade Commission (FTC) or your local law enforcement.
  • Reporting scams not only helps you seek justice but also protects others from becoming victims of the same schemes.