Scam is a fraudulent scheme performed by a dishonest individual, group, or company in an attempt to obtain money or something else of value. Scams traditionally resided in confidence tricks, where an individual would represent themselves as someone with skill or authority that is a doctor, lawyer and investor. After the internet became widely used, new forms of scams emerged such as lottery scams, scam biting, email spoofing etc. Government agency scam is also prevalent in the recent days.
How government agency scam operates:
Government agency scams are when fraudsters send out official looking letters or email to ask for money or personal information. The correspondence gives the impression that they are from a government department and imply they have some form of authority. The letter or email might advise that you register in order to comply with some kind of legislation –for a fee. Other alternatives include asking you to pay a fine for breaches to the law, or requesting bank details to claim a tax rebate.
The North Pole and South Pole of government agency scams
Every day, technology is helping scammers get better at convincing their victim that they are calling from an actual government agency. There are some ways to spot out whether these agencies are real or unreal. The really expert scammers can even make caller IDs display actual government agency phone number. While their goal is the same- to steal your money – the two main government imposter scams are as different as North Pole and South pole or day and night. One claims you the money of the government and the other claims the government has money for you.
In the most common scam scenario, the government imposter says that you are a debtor of some government agency some taxes or another unpaid debt, and they always give a warning that if you do not pay the money on time you will be arrested. This is something which an original government agency will never do. No real government agency will ask you to clear a debt over the phone. The first thing they do is by intimating you through a regular post mail, not by telephone.
According to the legitimate Federal trade commission, there are three important things to remember to protect you from falling to victim to government agency scam.
- It should be always kept in mind that no real federal government agency or its employees will ask to people send money for unpaid debts or prizes.
- Secondly they will never ask them to wire them the money or ask for their bank account details or bank card numbers or use a prepaid debit card to pay for anything.
- Caller ID does not protect you. There are many technologies that will make caller ID display false information.
While most people are aware of these scams, scammers use many sophisticated ways of getting your money on personal details. We should be alert and never fall into the scammer's prey. The best way to not fall into this scam is by calling the customer service number on the back of the card and talk to the real security. Another way is to tell everybody about the call and by the word of mouth spread awareness to some extent and you can help someone you care about to avoid falling for a scam.