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  Geebo 8:00 am on May 10, 2022 Permalink | Reply
  Tags: business email compromise ( 13 ), email ( 7 ), phishing ( 84 ), real estate ( 134 ), Scams ( 1,519 ), wire fraud ( 21 )   

  Homebuyer loses $155K in email scam 

  

  By Greg Collier

  A woman in the state of Georgia was getting ready to close on a new home when she received an email from her lawyer. She was given instructions to wire transfer the $155,000 for the closing costs. However, the money did not go to the attorney. Instead, it went to the bank account of a local scammer who was recently arrested on felony theft charges.

  So, how was the scammer able to fool the victim? This scam is known as the business email compromise scam, or BEC for short. In this scam, the scammers hijack compromised email accounts of real estate attorneys, title companies, or banks. This way, the scammers can monitor the emails for people who are getting ready to close on their homes. Then, the scammers either use the hijacked email address or a spoofed address to give fraudulent instructions to the homebuyer to wire the money to the scammers. Meanwhile, the victims think they just closed on a new home.

  According to the FBI and other law enforcement agencies, this scam is becoming more common. This scam is so profitable, the scammers only need one victim to fall for the scam to make a ton of money.

  While you may not be in the market for a home right now, you may be in the future. So, it’s best to have this knowledge now instead of finding out before it’s too late. When the time comes to buy a home, the best way to protect yourself is to verify everything by phone. If you get an email from someone involved in the process asking you to make a substantial payment, call them to verify the request. It might be even better to visit the sender in person to verify any requests. No one wants to go through the stressful process of buying a new home only to have their dreams of a new home dashed by losing money to a scammer.

   

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  Geebo 8:00 am on May 9, 2022 Permalink | Reply
  Tags: bitcoin ( 34 ), Cash App ( 43 ), cryptocurrency ( 55 ), Instagram ( 17 ), Scams ( 1,519 )   

  Victims burned twice in Bitcoin scam 

  

  By Greg Collier

  Since it gained mainstream popularity, Bitcoin has had an air of fraud around it. While people have gotten wealthy through the mining, trading, and investing of Bitcoin, it’s also attracted a large number of scammers. While every Bitcoin transaction is recorded on a public ledger, it’s virtually impossible to reclaim if stolen. Also, due to the fact that Bitcoin is decentralized and has no governing authority, victims of Bitcoin scams have little to no recourse.

  One of these scams is targeting users of Instagram and takes advantage of hacked accounts. Once an Instagram account is compromised, the scammers will use this account to message other users on the account’s friends list, telling them how they’ve made money through Bitcoin. One Instagram use from Omaha, Nebraska, was asked to invest $500 through Cash App to purchase Bitcoin. However, before she could get her Bitcoin, she was asked to record a testimonial saying how successful this Bitcoin scheme was. Not only did she lose the $500, but now a video of her touting the success of this Bitcoin scheme is being shared on social media.

  Unless you have a complete understanding of Bitcoin and cryptocurrency and general, it’s advised to avoid any Bitcoin transactions. This includes friends on social media telling you how much money they made. If you receive a message like that, message your friend back through other means to ask them if they meant to send that message.

  Also, please keep in mind that the majority of agencies and companies will never ask for payment for some kind of bill in Bitcoin. You should also be aware of services who claim to be able to get your stolen Bitcoin back for a fee. That is also a scam.

  Lastly, as with any investment, never invest any money you can’t afford to lose.

   
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  Geebo 8:00 am on May 6, 2022 Permalink | Reply
  Tags: pop-ups ( 27 ), remote access ( 6 ), Scams ( 1,519 ), tech support scam ( 52 )   

  Pop-up scam continues to plague computer users 

  

  By Greg Collier

  It was just a little over a week ago that we were discussing the pop-up scam that affects computer users. This is where someone is using their computer when all of a sudden their screen is overtaken by a pop-up message that states the computer they’re using has gotten a virus. Typically, these pop-ups claim to be from a large tech company, most commonly they claim to be from Microsoft. These pop-ups also contain what appears to be a customer service number that the user is supposed to call to get their computer working again.

  These phone numbers do not go to Microsoft. Instead, they go to a group of scammers who are looking to extort money from the computer user. More often than not, the user is instructed to give remote access to the phony technician. This allows the scammers to go through the personal files stored on the computer. The scammers will then come up with some reason that the computer user has to pay them money, usually through non-recoverable means like cryptocurrency.

  The reason we’re bringing up the pop-up scam so soon is that it seems to be on a meteoric rise. Just today, we found several instances of it happening across the country where victims have lost thousands of dollars. For example, a man from Lincoln, Nebraska, paid $4000 in gift cards to scammers. In the Kansas City Metro Area, two people ended up losing $30,000 total to scammers who made their victims pay through Bitcoin kiosks. In the Green Bay-area of Wisconsin, residents there lost a total of $78,000 to scammers who gained access to their victims’ bank accounts and converted the money to Bitcoin. And in the Cleveland, Ohio, suburbs, a man lost $18,000 to scammers who also had him pay at a Bitcoin ATM. Those are all the stories about this scam that we found in one day. Who knows how many others have happened without being reported?

  If anyone you don’t personally know asks for remote access to your computer, they’re almost definitely a scammer. Also, keep in mind that companies like Microsoft hardly ever reach out to consumers in that way.

   
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  Geebo 8:00 am on May 5, 2022 Permalink | Reply
  Tags: charity scam ( 38 ), insurance ( 8 ), natural disasters ( 22 ), Scams ( 1,519 ), tornadoes ( 5 )   

  State warns of storm scams 

  

  By Greg Collier

  Recently, the Wichita-area of Kansas experienced severe weather, which resulted in at least one tornado that tore through the town of Andover. The EF-3 tornado was only on the ground for 21 minutes, more than 1,000 buildings were destroyed in the 13 miles the tornado traveled. As with any natural disaster, scammers will start popping out of the woodwork looking to take advantage of storm victims. In an attempt to get ahead of the scammers, the Kansas Attorney General’s Office issued a warning to residents of the Sunflower State.

  Even though the warnings issued are relevant to Kansas residents right now, every state has its fair share of natural disasters. Whether it’s flooding, wildfires, hurricanes, earthquakes, or what have you, scammers will descend on that area like a plague. So what’s pertinent to Kansas today could be pertinent to your area tomorrow.

  The most common scam after disasters like this are from shady contractors. These phony contractors travel from storm to storm, looking for victims. They’ll claim to be licensed, but they may not be licensed in your state. You should only deal with contractors that are licensed in your state. Another good way to avoid this scam is to get estimates from a few contractors. Also, you should never pay in advance as that could be an indication of a scam.

  Another disaster-related scam is when scammers offer to assist you in qualifying for FEMA relief assistance. FEMA does not charge any kind of application fee. So if someone claiming to be from FEMA asks you for money, they’re more than likely a fraud.

  This can go for scammers posing as your insurance company as well. If you receive a call from someone claiming to be from your insurance company, don’t give them any personal information. Instead, you should hang up and either call your local agent or the customer service phone number listed on your policy.

  For those of you living outside of disaster areas, you still have to be wary of scams as well. While you may have a charitable streak, be careful of donating to any random charity claiming to be for disaster relief. Real charities will never ask you to donate through gift cards, money orders, or wire transfers. Scammers will also try to pressure you into making a donation as quickly as possible.

   
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  Geebo 8:00 am on May 4, 2022 Permalink | Reply
  Tags: fake check ( 51 ), job scam ( 86 ), jury duty scam ( 35 ), mystery shopper ( 5 ), police impersonation scam ( 83 ), Scams ( 1,519 ), secret shopper ( 15 ), teachers ( 2 ), U.S. Customs and Border Protection ( 8 )   

  Scam Round Up: Teachers targeted in scam and more 

  

  By Greg Collier

  Today, we’re presenting our readers with three scams that, while not new, deserve to be reviewed.

  ***

  Reports from Pennsylvania are saying that the Mystery Shopper or Secret Shopper scam is making the rounds again. Many retail chains do employ secret shoppers who go around to the various stores and rate their experience. However, scammers would have you believe these positions are plentiful, which they are not.

  In Pennsylvania, reports there state that victims of the scam are being given fake checks to deposit in their bank accounts. They’re then asked to purchase hundreds of dollars in gift cards using the money from the fake checks. The victims are then asked to give the gift card numbers to their fake employer. By the time the victim’s bank notices the check is fake, the scammers have made off with the amount of the gift cards, while the victim is responsible for the amount of the fake check to their bank.

  Remember, no legitimate employer will ever ask you to deposit money into your bank account that is supposed to be used for business purposes.

  ***

  Our next scam comes to us from the Jacksonville, Florida-area. Reports there state that a police impersonation scam is ongoing there. In this particular police impersonation scam, the scammers are posing as U.S. Customs and Border Protection agents. The scammers tell their victims that a box of drugs intended for the victim was intercepted. In order to avoid arrest, the victims are asked to make some kind of payment.

  If you receive a phone call like this, it’s recommended not to give the caller any personal information before hanging up.

  Again, no law enforcement department or agency is going to call you and threaten you with arrest if you don’t make a payment to them.

  ***

  Lastly, we have another police impersonation scam, and it’s the most common one. What’s different about this scam is who the scammers are targeting.

  Reports out of the Pittsburgh, Pennsylvania-area are reporting an increase in the jury duty scam. This is where the scammers pose as local police and tell their victims they missed jury duty and a warrant is about to be issued for their arrest. Of course, a payment over the phone will make the warrant magically disappear.

  Like we said, this is hardly a new scam, but the scammers are specifically targeting school teachers in the Pittsburgh-area. The scammers have even been calling schools and are asking to be patched in to teachers while they’re teaching class.

  The report doesn’t say why scammers are targeting teachers, but if we had to hazard a guess, they’re targeting a profession where teachers usually have their hands full with what’s going on in the classroom and could be distracted easily by the scammers.

  When it comes to matters concerning jury duty, all communication is usually done through postal mail and not over the phone.

  ***

  These three scams can happen at anytime, anywhere in the country. Hopefully, we’ve armed you with enough knowledge to protect yourself.

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  Geebo 8:00 am on May 3, 2022 Permalink | Reply
  Tags: check scam ( 81 ), employment ( 40 ), job scam ( 86 ), Scams ( 1,519 ), work from home ( 12 )   

  BBB warns of work from home job scam 

  

  By Greg Collier

  During the height of the pandemic, many jobs that had previously been done in offices were changed to work from home positions. To many, this showed that commuting to an office every day wasn’t necessarily needed for their jobs. When companies started calling their workers back to the office, many workers decided to find other work from home positions instead. While this can be seen as a positive for workers looking for more of a balance between their work and home lives, it’s also been a positive for scammers.

  Work from home scams are hardly new and even pre-date the internet. In the analog days, scammers would take out want ads in newspapers offering work at home jobs stuffing envelopes. Now, with our modern internet, work from home scams have become more prevalent and more dangerous. Then add to that the pandemic showed us the viability and legitimacy of work from home positions, work from home scams are experiencing a renaissance.

  With this, the Better Business Bureau is issuing a new warning about an old job scam. In this scam, the scammers will tell a victim that they found the victim’s resume online and want to hire them. The victim will then be instructed to move the conversation to a messaging app like Telegram. After a faux-interview over the messaging app, the victim is hired and is asked to sign a contract that asks for their name, address, and date of birth, along with their banking information. This leads to identity theft, but the damage doesn’t always end there.

  In some cases, the victims are sent checks and are told to deposit them in their bank accounts. They’re then instructed to use that money at a specific vendor to purchase office supplies, such as a laptop. Both the phony employer and phony vendor are in on the scam. Once the victim’s bank discovers the check is a fake, the victim will be held responsible for the amount of the check.

  With any job offer that you didn’t apply for personally, you should always research the company first. Use the company’s name along with the terms ‘scam’ or ‘review’ to see how other people have interacted with them. Be wary of any company that doesn’t perform interviews in some personable manner. If everything is done over text, email or messaging app, there’s a pretty good chance you’re being scammed. Lastly, no legitimate company will ever ask you to use your personal bank account to pay for company expenses.

   
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  Geebo 8:00 am on May 2, 2022 Permalink | Reply
  Tags: Scams ( 1,519 ), shut off scam ( 18 ), utility scam ( 33 ), Zelle ( 71 )   

  Why is Zelle being used in a shut-off scam important? 

  

  A few months ago, we published a blog post entitled ‘Will Zelle replace gift cards in online scams?‘ In that post, we wondered if the payment app Zelle would become the new currency of scams, replacing the old standard of gift cards. The reason we wondered this was not just because of the increased use of Zelle by scammers, but also because of the limited protection Zelle offers its users.

  Typically, when we post about a Zelle-related scam, it’s because a scammer used Zelle to empty a victim’s account while posing as their bank’s fraud department. You can read more about that scam here. However, we’re seeing Zelle being used more and more in other scams, where traditionally the scammers would demand payment in gift cards.

  For example, the shut-off scam is one that’s becoming increasingly popular among scammers. This is where a scammer will pose as a victim’s power company and threaten the victim over the phone with termination of service unless they make an immediate payment. Previously, these scammers would make the victim’s pay in gift cards, then Bitcoin ATMs became a popular avenue.

  Recently, a mother from Ohio fell victim to the shut-off scam. Instead of the scammer asking for payment in gift cards, they asked the victim to make a payment through Zelle. But the scammers didn’t get her to make just one payment. They got her to make four payments during one phone call.

  At first, they told her the Zelle payment didn’t go through, it did. Then they told her that Zelle only accepts whole dollar amounts and got her to make a second payment. She was then told to use a code when making the payment. Again, they told her the payment didn’t go through when it had. Lastly, they informed her that the code must have been entered wrong and instructed her to enter the code in all caps, marking the fourth payment. By this time, her account was drained.

  In previous instances like this, many of the banks that offer Zelle, throw up their hands and say that since the victim authorized the payment, it’s out of their hands. The consortium of banks who own Zelle could easily offer better protections for Zelle users, but choose not to.

  Much like other payment apps such as Cash App and Venmo, Zelle is only supposed to be used between friends and family. Unless you know someone personally, you shouldn’t pay them through Zelle. No legitimate company will ever ask you to pay bills through Zelle. Also, please keep in mind that no power company is going to threaten you over the phone with a termination of service. Instead, you would receive a warning in the mail before the service is turned off.

   
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  Geebo 8:00 am on April 29, 2022 Permalink | Reply
  Tags: job scam ( 86 ), money mule ( 5 ), repackaging ( 23 ), reshipping ( 23 ), Scams ( 1,519 )   

  Dangerous job scam back in the news 

  

  By Greg Collier

  There are several different job scams that someone could find online. In most instances, these scams will either steal your personal information, steal your money, or both. However, there is one job scam that potentially puts its victims in real danger.

  We’re referring to the reshipping or repackaging scam. In the reshipping scam, the victim is asked to inspect goods that are sent to their home before putting the goods in new packaging and sending them to a third party, usually overseas. The goods themselves are typically purchased with stolen credit card information. The scam is typically part of a larger money laundering operation.

  This scam is so lucrative that the scammers will even use paid employment platforms like Indeed. These same scammers will often claim they represent major retailers like Amazon and Walmart, or that they’re contracted with them.

  Recently, in South Carolina, authorities there have received numerous complaints about a supposed shipping company that was supposedly employing reshippers all over the country. In this instance, the reshippers were never paid after sending out packages. When the victims would try to contact the shipping company about payment, the shipping company would block all communications. The company claimed that their main office was in South Carolina, but no actual company existed at the address listed.

  The real problem with the reshipping scam is that even victims could find themselves in legal trouble. If the victim knowingly falsifies shipping documents under the instruction of the scammers to get around US customs, that is considered mail fraud and could get the victim serious jail time.

  Please keep in mind that there are no legitimate jobs that involve receiving packages and shipping them to someone else from your home. If you see an ad listing for such a job, it’s a scam.

   
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  Geebo 8:00 am on April 28, 2022 Permalink | Reply
  Tags: bank scam ( 77 ), customer service ( 54 ), Scams ( 1,519 ), Zelle ( 71 )   

  Is Zelle deflecting blame for role in scams? 

  

  By Greg Collier

  The Zelle scam has been grabbing headlines since at least last October. In that time, the seven banks that own Zelle have done little to prevent scammers from using their platform to steal from their customers. It seems the only way victims can ever get their money back is by contacting their local media. This should not be the way for customers to resolve issues over an app that is obviously plagued with security issues. Recently, a representative from Zelle gave a comment to the media that seems to sum up their ongoing stance on the scam.

  But before we get into the nitty-gritty, Zelle is a payment app that is owned by seven of some of the biggest banks in the country. Zelle is supposed to only be used between friends for things like settling a restaurant bill. Instead, scammers have used it as a virtual open door into the customer’s bank account, where the scammer can just walk in and take what they want.

  Typically, the scam works like this. You get a text message that appears to come from your bank. The text message asks if you’ve recently made a large purchase or payment. You’re then asked to reply either yes or no to the text message. When you reply to the text message, your reply will be followed up with a phone call from scammers posing as your bank’s fraud department. The scammers will walk you through a process on the Zelle app that the scammers say will protect your account from any fraudulent activity. What’s really going on is the scammers are instructing you on how to put your money in the scammer’s account.

  As we previously mentioned, the only way victims have been able to get any kind of restitution is by contacting their local media. Once the victim is featured in a news story, it’s usually just a matter of time before the bank returns their money.

  This recently happened in the Denver-area. A victim there lost $3,000 to the scam, but had her money returned by her bank once she appeared on the local news. It’s in this story where Zelle gives a comment that basically sums up their largely inactive stance on the matter.

  In a statement to Contact Denver7, the operator of Zelle wrote, “Zelle does not hold the funds. We provide messaging between financial institutions.”

  I think it goes without saying that this isn’t the correct attitude to take.

  Zelle has claimed that they have published tips on the app to help avoid scams, but that doesn’t appear to be enough since the scam keeps finding victims. It also doesn’t help that Zelle offers little in the way of protections if it’s used in a fraudulent manner. Since Zelle is owned by seven different banks, it gives the illusion of protection, whether that’s warranted or not.

  If Zelle and its owners want to encourage users to use their app, staying silent while their customers lose money isn’t the way to go about it.

  If you receive a phone call from someone claiming to be from your bank, politely end the call and call your bank’s customer service department back at the correct customer service number. The number can usually be found on the back of your debit card or on the bank’s website.

   
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  Geebo 8:00 am on April 27, 2022 Permalink | Reply
  Tags: Microsoft ( 21 ), remote access ( 6 ), Scams ( 1,519 ), tech support scam ( 52 )   

  Tips to detect the tech support scam 

  

  By Greg Collier

  Yesterday, we discussed how the jury duty is one of the most common and well-known scams, yet it still continues to find victims. Today’s scam is another scam like that, and it’s the tech support scam. This is where you’re using your computer and an invasive message pops up saying that your computer has been compromised.

  These pop up messages can even prevent you from closing any windows or shutting down your computer. The messages claim to be from some well-known tech company like Microsoft or McAfee and that you need to call them right now at the number they’ve provided. However, the customer service number provided is a fake, and instead leads you to scammers posing as one of these companies. Before you know it, you’ve lost thousands of dollars to a scammer for some phony service you didn’t need to begin with.

  A woman from Baltimore almost fell for one of these scams. She states that a message that appeared to come from Microsoft popped up on her husband’s Google Chromebook. This should have been a red flag that this was a scam, but not everyone knows the ins and outs of computer operating systems. If you’re using a Chromebook that runs Google’s Chrome OS, then why is Microsoft, who make Windows 10 and 11, letting you know about a problem on a competitor’s system? The same would go for an Apple Computer. Microsoft would not tell you about a problem on your iMac or MacBook.

  Getting back to the story, the woman called the number and was told to download an app that would let the phony technical support rep have remote access to her computer. This is another giant red flag. Letting anyone you don’t know personally have access to your computer is always a bad idea. This allows bad actors to go through all the personal files on your computer. Much of this information can be used in identity theft or selling your identity to identity thieves.

  The scammer then told her that there was fraudulent activity on the woman’s bank account and that she needed to move her money to avoid further fraud. She was then asked for the customer service number from the back of her debit card and that the phony rep was going to connect her to her bank and help her move the money. Of course, the bank rep was just another scammer. It wasn’t until the woman was asked to send a copy of her driver’s license when she said she felt uncomfortable and terminated the call. Luckily, she didn’t lose any money.

  If you think about it, even the pop-up messages that overtake your screen are a tip off to a scam. Real word hacks and viruses are designed to be undetected. It’s their purpose to remain as hidden as possible to collect as much information as possible or cause as much damage as possible before being detected.